Decarb Weekly 7/23/2026
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:
In the first half of 2026, the energy sector led equity funding across all climate challenge areas amounting to ~$14 billion. – State of Climate Tech
Recent Market News:
- Pictet Alternative Advisors closed its oversubscribed Environment Co-Investment Fund I at $253 million, targeting co-investments across greenhouse gas reduction, pollution control, circular economy, sustainable consumer, and enabling technologies in North America and Europe. – Pictet
- Taiwan’s Bureau of Labor Funds awarded a $3 billion climate transition infrastructure mandate to Amundi, BNP Paribas Asset Management, Geode Capital Management, Northern Trust Asset Management, and State Street Global Advisors, each provided with $600 million to invest in companies exposed to the energy transition. – ESG News
Transactions:
- 7/23/2026: ASUENE, a decarbonization and sustainability management company, closed $87 million in a Series D led by Decarbonization Partners, a joint venture between BlackRock and Temasek, with proceeds to fund M&A across Europe, North America, and Asia. – ASUENE
- 7/22/2026: Brookfield acquired Aypa Power, a developer and operator of utility-scale energy storage and hybrid renewable energy projects across North America, from Blackstone Energy Transition Partners for ~$7 billion in enterprise value. – Blackstone
- 7/22/2026: MN8 Energy announced the acquisition of Greenbacker Renewable Energy, a vertically integrated renewable energy platform spanning project development, asset management, and operations and maintenance, for ~$375 million. – MN8
- 7/21/2026: Sila, an advanced battery technology company, raised $300 million in a round co-led by Atreides and Sutter Hill. – Sila
- 7/16/2026: Verdantas acquired EN-POWER GROUP, an engineering firm specializing in energy efficiency, decarbonization, sustainability, and regulatory compliance. – Verdantas
In-Depth Read:
Disclosing corporate sustainability progress in a divided regulatory landscape – ESG Dive
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
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