Finance | Page 3

Sourcing Renewables - April 1, 2024

DOE Allocates $4 Billion for Clean Energy Supply Chain

The U.S. Department of Energy, the U.S. Department of Treasury and the Internal Revenue Service announced $4 billion in tax credits for over 100 projects across 35 states to increase domestic clean energy manufacturing and lower GHG emissions at industrial facilities.

March 22, 2024

Alcoa Closes Inaugural Green Bond Offering

Alcoa Corporation announced that Alcoa Nederland Holding B.V., a wholly-owned subsidiary of Alcoa, closed its offering of $750 million aggregate principal amount of 7.125% senior notes due 2031.

March 21, 2024

Treasury Department, IRS Reach Milestone for Clean Energy Tax Credits

The U.S. Department of the Treasury and Internal Revenue Service announced a new milestone in implementation of key provisions in the Inflation Reduction Act to expand the reach of the clean energy tax credits.

Sourcing Renewables - March 20, 2024

Google, Microsoft Launch Initiative to Scale Clean Energy Tech

Google LLC and Microsoft Corporation announced they will work together across the electricity ecosystem to develop new business models and aggregate their demand for advanced clean electricity technologies.

Sourcing Renewables - March 15, 2024

Google Sets Aim for $35 Million in Carbon Credits

Google has pledged to match the Department of Energy’s (DOE) Carbon Dioxide Removal Purchase program and plans to contract for at least $35 million worth of carbon removal credits over the next 12 months.

Sourcing Renewables - March 14, 2024

DOE Allocates $750 Million for Hydrogen Projects

The U.S. Department of Energy announced $750 million to lower the cost of clean hydrogen for 52 projects across 24 states.

GHG Emissions - March 7, 2024

Jefferies Financial Discloses Emissions, Buys RECs

Jefferies Financial Group, Inc. disclosed its Scope 1, 2, and 3 emissions and measured seven categories of Scope 3 emissions.

Sourcing Renewables - March 1, 2024

Southwest Airlines Invests $30M in SAF

Southwest Airlines Co. made a $30 million investment into the development of a sustainable aviation fuel production facility.

Sourcing Renewables - February 29, 2024

MEAG Forestry Equity Fund Raises $200 Million

Munich Re Group's asset manager MEAG announced the first closing of its MEAG Sustainable Forestry Equity Fund with capital commitments of $207 million.

Sourcing Renewables - February 27, 2024

Canada Issues Second Green Bond

The Government of Canada announced plans to issue its second Canadian-dollar-denominated green bond this week with the addition of nuclear power expenditures.