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CalPERS to vote against ExxonMobil’s board of directors

by Lewis Dayton | May 21, 2024

CalPERS will be voting against ExxonMobil’s board of directors and CEO, Darren Woods, because the company is continuing to pursue a lawsuit against Arjuna Capital and Follow This, two activist investors who submitted a shareholder proposal that would have forced ExxonMobil to reduce direct emissions and set targets for lowering emissions at suppliers and customers levels as well.

Ameresco awarded $21m street lighting contract in Henderson, Nev.

by Kali Persall | May 20, 2024

Ameresco, a cleantech integrator specializing in energy efficiency and renewable energy, is collaborating with the city of Henderson, Nev., to upgrade street lighting infrastructure with state-of-the-art LED technology via a $21 million contract.

Iberdrola to increase shareholding in Avangrid in $2.6b deal

by Kali Persall | May 20, 2024

Iberdrola has agreed to acquire the remaining 18.4 percent of the issued and outstanding shares of common stock in its subsidiary Avangrid, a sustainable energy company, that it does not currently own for $35.75 per share.

KKR provides $300m in financing to Origis Energy

by Kali Persall | May 20, 2024

KKR has provided a $300 million corporate financing facility to Origis Energy, a renewable-energy and decarbonization solution platform, via vehicles and accounts managed by its insurance business.
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