Decarb Weekly 7/18/24

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: 

CCUS investment pipeline by type and region based on announced projects – IEA

Recent Market News:

• Google no longer claims to be carbon neutral after emissions rise from powering the company’s AI aspirations. Google now intends to be carbon neutral by 2030. – Bloomberg

Transactions:

• 7/18/24: Marathon Fusion raised $5.9 million in seed funding. The company aims to solve the tritium bottleneck in fusion. – TechCrunch
• 7/17/24: Intersect Power, a renewable energy developer, is raising $837 million in debt and equity funding in one of the largest battery storage deals ever. – WSJ
• 7/9/24: Scaler, a platform for decarbonizing real estate, has raised $10 million in Series A funding. – Finsmes

Long Read:
Where does climate investing go from here? – Jefferies

Podcast:
Can chip efficiency slow AI’s energy demand? – Catalyst

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.