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Clean Energy Ventures raises $305 million to back early-stage climate startups - TL;DR CNBC

Clean Energy Ventures raises $305 million to back early-stage climate startups

Publishing timestamp: 2024-05-29 11:11:36


Summary

Clean Energy Ventures raised $305 million for its second fund, focusing on industrial decarbonization, plastics, and grid-enhancing technologies. Private equity investment in energy transition is also growing, with a shift towards strategic sales rather than IPOs. Private equity is playing a critical role in energy transition deals, with Clean Energy Ventures partnering with private equity to help portfolio companies reach the next stage.


Sentiment: POSITIVE

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Keywords: wall streetgoldman sachs bdc incbreaking news: businessenvironmenteconomybreaking news: marketsmarketsbusiness newsstock marketsbreaking news: investingenergy

Source: https://www.cnbc.com/2024/05/29/clean-energy-ventures-raises-305-million-to-back-early-stage-climate-startups.html


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