Decarb Weekly 6/4/2026

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: 

Clean energy and transportation investment in the US in the first quarter of 2026 stood at $61 billion, a 3% decline from the previous quarter, and a 9% decline from Q1 2025. – Rhodium Group

Recent Market News:

• Goldman Sachs Alternatives announced the first close of over $3 billion for West Street Infrastructure Partners V, a mid-market infrastructure fund targeting the energy transition and digital infrastructure. – Goldman Sachs
• Rio Tinto began commissioning its $1.5 billion AP60 low-carbon smelter expansion, adding ~160,000 metric tonnes of annual aluminum capacity through a hydro-powered process that emits one-sixth the greenhouse gas emissions of the industry average. – Rio Tinto
• Deep Sky announced a 10-year offtake agreement with TD Bank Group to purchase ~18,000 air capture carbon removal credits. – Deep Sky

Transactions:

• 6/2/2026: GLJ acquired Petrel Robertson Consulting, a subsurface geoscience and engineering consultancy specializing in carbon capture and storage (CCS) and geothermal development. – GLJ
• 6/2/2026: Apave acquired Climate School, the climate change division of AXA Climate, a provider of corporate climate and decarbonization advisory services. – Apave
• 6/1/2026: Ares Management-backed SLR acquired Anchor Environmental Consultants, a provider of marine and natural capital consultancy services for green hydrogen and offshore wind developments. – SLR

In-Depth Read:
How data center demand can accelerate climate tech deployment – ESG Dive

Podcast:
How the energy crisis is reshaping investment – Everything Energy

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. Visit our website: Industria Partners