Finance | Page 10

A 296 MW solar project that will one day provide clean energy to Verizon Communications received enough funding from Wells Fargo's sustainable finance program and MUFG Bank to begin construction.

In this episode of Smart Energy Voices, host John Failla shares the opening keynote presentation from the inaugural Net Zero Forum, featuring Beth Wytiaz, Net Zero Strategy Executive for Bank of America. Beth is responsible for developing and delivering the financial institution’s environmental strategy to reach net zero before 2050. In this talk, she shares Bank of America’s approach to net-zero framework and how the organization is building a robust strategy and transition plan that covers operations, supply chain, and financing activities.

MassMutual Ventures (MMV) announced it has launched a new $100 million fund to invest in early and growth-stage companies across the U.S. in the climate technology sector.

project44, a supply chain visibility platform, announced that it raised an $80 million funding round led by Generation Investment Management, the sustainable investment management firm, and A.P. Moller Holding.

The New Mexico Department of Transportation (NMDOT) selected Kit Carson Electric Cooperative’s (KCEC) EV projects to receive $800,000 in grant funds.

Petros PACE Finance (Petros), a structured finance company, announced that it closed on $153 million C-PACE financing as part of the $820 million, 580-acre world-class development, Black Desert Resort Project in Ivins, Utah.

Princeton University announced its Board of Trustees voted to divest the endowment from all publicly traded fossil-fuel companies, including Exxon Mobil and Dominion Energy.