Galvanize Raises $370 Million Real Estate Fund to Turn Building Decarbonization Into Profit

Galvanize closed a $370 million fund targeting commercial real estate upgrades that combine emissions reductions with higher net operating income. Strategy focuses on undercapitalized buildings in high-growth U.S. markets, using solar, electrification, and efficiency retrofits to cut energy costs and emissions. Initial portfolio of 15 buildings across 11 cities could avoid an estimated 8,224 metric […]
EU Approves $283 Million Belgian Aid for Air Liquide, BASF Carbon Capture Project
The European Commission approved $283 million (€260 million) in Belgian state aid to support the Kairos@C carbon capture and storage project led by Air Liquide and BASF in Antwerp. The project aims to prevent roughly 20 million tonnes of greenhouse gas emissions over 15 years by capturing CO2 from industrial hydrogen, ammonia and ethylene oxide […]