KKR acquires $3.2 billion stake in Enilive
The mobility and biofuels-focused arm of oil & gas supermajor Eni will leverage the investment to boost its biorefining capacity; investment marks a major development of Eni’s satellite model strategy, which aims to attract investment in its high-potential business while retaining control of them. ESG Today
Blue Revolution Fund raises €93 million
Established by Hatch Blue and advised by The Nature Conservancy, the oversubscribed fund will target early stage aquaculture ventures motivated to improve ocean health and ocean communities. The Nature Conservancy
Capital Dynamics secures funding for Italian agrivoltaic projects
The $199 million loan completes financing for two subsidy-free solar fields – with prickly pears and olive trees planted alongside panels – that will produce enough energy to power over 63,000 homes. Renewables Now
Singapore to grant 30-year licenses for low-carbon power imports
The city-state hopes these long-term agreements will incentivize firms to make the high-cost investments in low-emission electricity generation projects, enabling it to meet its goal of importing 6 gigawatts of low-carbon power by 2035. Reuters
US DOE invest $518 million in carbon storage
Funding will support the design and development of 23 large-scale storage projects across 19 states. DOE
