Today’s ESG Updates
- Microsoft Secures 389MW Clean Energy: Secures 389MW of solar power through VPPAs in Illinois & Texas to boost clean energy.
- EBRD Invests $40M in Moroccan Green Bond: Commits $40M to Morocco’s green bond, funding railway electrification and energy efficiency.
- Junction Growth Raises €115M for Climate Tech: Raises €115M to accelerate climate tech innovation and decarbonization in Europe.
- Hysata & ACWA Power Expand Green Hydrogen: Partner to deploy high-efficiency electrolysers, advancing Saudi Arabia’s hydrogen ambitions.
Microsoft locks in 389MW clean power and renewable energy credits from EDP renewables
EDPR North America has delivered 400 MW of new solar power across Illinois and Texas, with Microsoft securing 389 MW through long-term virtual power purchase agreements (VPPAs). The projects – Wolf Run (140 MW) and Hickory (110 MW) in Illinois, and Cattlemen II (150 MW) in Texas provide aid to Microsoft’s commitment to clean energy. These projects generate millions in tax revenue, create jobs, and boost local economies. Power companies can use ESG solutions to adopt renewable energy.
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Further reading: Microsoft Secures 389MW Clean Power and Renewable Energy Credits from EDP Renewables
EBRD invests $40M in local green bond issued by Moroccan rail operator, ONCF
The European Bank for Reconstruction and Development (EBRD) is investing €38.4 million in a €192 million green bond issued by Morocco’s ONCF to modernize its railway sector. The funds will support electrification, energy efficiency, and sustainability-linked finance. As the sole international investor, EBRD aligns with Climate Bond Standards and Morocco’s green transition. This strengthens the EBRD-ONCF partnership, which began in 2022, and promotes sustainable rail transport while enhancing Moroccan capital markets.
Photo Credit: Wikimedia Commons
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Further reading: EBRD invests in green bond to support railway sector in Morocco
Climate-focused investor Junction Growth raises €115M to scale energy transition SMEs
Belgium-based Junction Growth Investors has raised €115M to fund climate tech scaleups and SMEs driving the energy transition in Europe. Major investors like Keeling Capital, BNP Paribas Fortis Private Equity, and the European Investment Fund back the investment. Junction has already invested in seven companies, including Ampacimon and Hysopt, supporting renewable energy adoption and efficiency. This initiative strengthens Europe’s push for energy independence and sustainable innovation amid growing climate challenges.
Photo Credit: Andreas Gücklhorn
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Further Reading: Climate-focused venture capital firm Junction Growth Investors raises 115 mln euros
Hysata and ACWA locked a game changing deal to expand green hydrogen in Saudi Arabia
Australian company Hysata signs an agreement with ACWA power to deploy its high-efficiency electrolyser technology for green hydrogen production. The deal will accelerate the development of Hysata’s high efficiency electrolysers, and the technology will be used in future projects, committing to Saudi Arabia’s Vision 2030 goal of becoming a global leader in green hydrogen. This collaboration strengthens ACWA Power’s large-scale initiatives. Power corporations can leverage ESG solutions to drive sustainable energy projects.
Photo Credit: Shaun Dakin
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Further reading: Hysata and ACWA Partner to Expand Green Hydrogen in Saudi Arabia
Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit: Sam Torres
