Decarb Weekly 5/30/24

Decarb Weekly, by Industria Partners, is a collection of articles focusing on trends and transactions in industrial decarbonization and climate tech.

Chart of the Week:

The queue of projects waiting to connect to the US grid reached 2.6 TW last year, double the size of the existing grid. – CTVC

Recent Market News:

• Executive directors from the Voluntary Carbon Markets Integrity Initiative and the Integrity Council for the Voluntary Carbon Market, aided the US Government in unveiling new policies and principles aimed at bolstering trust in voluntary carbon markets. – WSJ

Transactions:

• 5/29/24: Clean Energy Terminals, a developer of offshore wind projects, raised $50 million from Homecoming Capital. – WSJ
• 5/22/24: Quidnet Energy, a pioneer in long-duration energy storage solutions, announced a $10 million investment from Hunt Energy Network. – Yahoo!
• 5/14/24: Ndustrial, a NC-based provider of an AI-powered energy intensity platform, raised $18.5 million in Series B funding. – Finsmes

Deep Dive:
US Decarbonization and Industrial Transition Summit – FT

Podcast:
Revolutionizing Carbon Capture with Tom Dower from LanzaTech – Catching Carbon

Industria Partners provides focused strategic advisory services to industrial, climate, infrastructure, and energy companies at every point across the business cycle. Through industry connectivity, transaction experience, and expert execution, Industria delivers superior outcomes to its clients.