Rachele Bergeron

Jul 26, 2023 | thefinancialanalyst.net | Rachele Bergeron |Tom Prater |Martin Giles

Mutual life insurance company MassMutual has made a significant commitment to renewable energy developer Low Carbon, with a pledge of up to £400 million (USD$516 million). This funding will be used to support investments in large-scale renewable energy projects across the UK, Europe, and the US. This announcement comes as an extension of the strategic partnership between MassMutual and Low Carbon, which was launched in November 2021.

Jul 26, 2023 | thefinancialanalyst.net | Rachele Bergeron |Tom Prater |Martin Giles

Global asset management firm TCW Group has announced its acquisition of the Transform thematic exchange traded fund (ETF) business from sustainable transition-focused activist investor Engine No. 1. This move comes after Engine No. 1 gained recognition for its successful battle to win seats on Exxon’s board, advocating for the company to embrace clean and renewable sources of energy.

Jul 25, 2023 | thefinancialanalyst.net | Rachele Bergeron |Martin Giles

Swiss solar technology manufacturer Meyer Burger has announced plans to build a new solar cell production facility in Colorado Springs, CO. The plant, with an initial capacity of 2 GW, will manufacture and exclusively supply “Made in USA” solar cells to the company’s solar module production facility in Goodyear, AZ. This expansion comes as a response to new regulations in the U.S., which offer additional tax credits for domestic content in solar projects.

Jul 25, 2023 | thefinancialanalyst.net | Rachele Bergeron |Martin Giles

IOSCO, the leading international policy forum and standards setter for securities regulators, has officially endorsed the new IFRS sustainability and climate-related disclosure standards. This move is being hailed as a major step towards consistent, comparable, and reliable sustainability information.

Jul 24, 2023 | thefinancialanalyst.net | Rachele Bergeron |Joe Goodman |Martin Giles

Climate tech company Aeroseal recently announced that it has raised $67 million in funding to advance its efforts in reducing carbon emissions from buildings. This news comes at a crucial time, as buildings are a major source of global greenhouse gas emissions and are notoriously difficult to replace due to their long-term nature. Heating, cooling, and ventilation (HVAC) systems alone account for approximately half of building emissions.