Microsoft-Backed Helion Breaks Ground on World’s First Fusion Power Plant in Washington
Helion has officially begun construction of its Orion fusion power plant in Chelan County, Washington, marking a major milestone in commercial fusion development. The plant supports Helion’s 2023 agreement to supply electricity to Microsoft by 2028, with Constellation Energy acting as the power marketer. The project is advancing through Washington’s SEPA permitting process, with ongoing […]
Encavis Acquires 199 MW Hybrid Wind-Solar Portfolio in Spain from BayWa r.e.
Encavis secures its first wind energy assets in Spain, accelerating its renewable diversification strategy. The hybrid 199 MW portfolio is expected to generate 467 GWh annually, leveraging shared grid infrastructure for cost efficiency. Biodiversity measures include real-time bird detection systems integrated across wind farms. Encavis AG has acquired a 199 MW hybrid renewable energy portfolio […]
Lloyds Bank Launches Carbon and Nature Markets Practice to Support Corporate Decarbonization
Lloyds Bank establishes a dedicated practice to guide businesses on voluntary carbon credits and nature-based climate solutions. The initiative aims to address transparency concerns in the voluntary carbon market and help clients meet science-based net-zero goals. The practice strengthens Lloyds’ broader sustainability advisory offering, now serving over 1,000 major corporate clients. Lloyds Bank has launched […]
EFRAG Proposes Streamlined European Sustainability Reporting Standards to Cut Reporting Burden
EFRAG’s revised ESRS drafts reduce mandatory datapoints by 57% and total disclosures by 68%, significantly easing the reporting burden. The updates streamline double materiality assessments, eliminate voluntary disclosures, and introduce cost-relief exemptions. A 60-day public consultation is now open, with outreach events and field testing planned ahead of final technical advice due in November 2025. […]
Nuveen Raises $785 Million for Third C-PACE Lending Fund, Expanding Sustainable Real Estate Financing
Nuveen has raised $785 million in commitments for its third C-PACE Lending Fund, bringing total strategy AUM to over $6 billion. The fund targets long-dated, investment-grade impact assets aligned with insurers’ demand for stable returns and ESG outcomes. 2024 C-PACE investments helped cut emissions equal to 407,000 acres of forest, saved 461 million gallons of […]
