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Today’s Highlights:
🔝Top Story: Brookfield Renewable Strengthens Green Financing with Fifteenth Green Securities Issuance.
💲Investment: DeepGreenX and Hues Capital launched a $10B fund for AI and green energy, while Canada invests $1B in clean electricity, and Adani plans a major green energy expansion.
🔄 Integration: CBRE targets 50% emissions reduction by 2030, Eco Wave Power’s plant exports electricity, and Austin Energy partners on a 5-MW geothermal pilot in Texas.
💡 Intelligence: 10 Notable Startups Innovating for Water Security.
Brookfield Renewable Strengthens Green Financing with Fifteenth Green Securities Issuance
Green Financing Expansion
Brookfield Renewable has issued C$200 million in Hybrid Notes, marking its fifteenth green-labeled securities issuance. The proceeds will fund projects under its 2024 Green Financing Framework, focusing on renewable energy, carbon capture, and sustainability initiatives. This move strengthens the company’s ongoing commitment to sustainable investments.
Innovative Financing Structure
The Hybrid Notes feature a fixed-reset rate structure, offering an initial 5.450% interest rate with resets every five years. This innovative design aligns with Brookfield Renewable’s ESG investment goals, providing attractive returns for investors while supporting its green financing strategy.
Commitment to Sustainability Leadership
With over 35,000 MW of operational capacity and a 200,000 MW development pipeline, Brookfield Renewable continues to lead in renewable energy. This green securities issuance reinforces the company’s strategy to address global sustainability challenges and meet increasing investor demand for ESG-driven investments. Read More
Investment Highlights of the Day
- DeepGreenX and Hues Capital have launched a $10 billion fund to advance global AI, green energy, and computing power initiatives, with a focus on sustainability. Read More
- The Canadian government has announced over $1 billion in funding for clean electricity projects in New Brunswick, including Indigenous-led wind projects, nuclear energy development, and clean energy infrastructure. Read More
- Adani Group plans to invest in new cement plants and build the world’s largest integrated green energy ecosystem with 100 GW of renewable energy capacity, despite recent bribery allegations. Read More
Integration Highlights of the Day
- CBRE has set new 2030 climate goals to reduce Scope 1 and 2 emissions by 50% and emissions per square foot from managed properties by 55%, as part of its plan to achieve net zero emissions by 2040. Read More
- Eco Wave Power’s Israeli wave power plant has officially started exporting electricity to the grid, marking a significant milestone as the world’s only operational wave power plant under a Power Purchase Agreement with the Israeli Electric Company. Read More
- Austin Energy is partnering with Exceed Energy on a groundbreaking 5-MW geothermal pilot project in Texas, set to begin generating electricity by 2025 as part of efforts to enhance grid reliability and sustainability. Read More
Climate Insider Intelligence: 10 Notable Startups Innovating for Water Security
As the global water crisis intensifies due to climate change and rising demand, these 10 innovative startups are revolutionizing water management. From bNovate Technologies’ rapid bacterial detection to Oneka Technologies’ wave-powered desalination systems, these companies are tackling water scarcity with groundbreaking solutions. Key figures like Aaron Tartakovsky of Epic Cleantec and Beth Koigi of Majik Water are leading the charge in improving water accessibility and sustainability. Explore how these ventures are transforming water security for industries, agriculture, and underserved communities worldwide. Read More
