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VEERUM raises CA$12M Series B to scale industrial visual operations platform
Omnidian raises $87M+ to scale renewable energy performance platform
Exterra raises CA$20M to turn mine tailings into carbon-neutral minerals
Power Sustainable raises $330M+ for mid-market climate equity strategy
Ørsted sells 24.5% of West of Duddon Sands to Schroders Greencoat for £456M
ReNew lands $100M from BII to scale India’s solar manufacturing
Thunderhead, Harbert partner to deploy 1.5 GW of data center power
Williams announces CEO transition; Chad Zamarin to succeed Alan Armstrong
Diamondback shifts strategy to FCF, trims 2025 capex by $400M
Coterra lowers Permian activity, boosts gas production; Q1 net income hits $516M
The almost headlines
In case you missed
Deal expands footprint and aims to grow low-carbon fuel production in Canada.
Transaction includes cash/stock options; 25% premium to Parkland shareholders
Expected to deliver 10% increase in DCF/unit and $250M in synergies by Year 3
Canadian HQ to remain in Calgary; Burnaby Refinery to receive fresh investment
Closing expected H2 2025; financed in part by $2.65B bridge loan
Largest U.S. afforestation project on Gold Standard registry advances FSC-verified reforestation.
First U.S. project verified under FSC’s Verified Impact Biodiversity Program
Carbon credits sold to major buyers including Microsoft (8M tonnes over 25 years)
Goal: reforest hundreds of thousands of acres by 2030
Founded in 2022 with backing from Kimmeridge
Backed by Veriten and Emerson Ventures, VEERUM targets 90%+ reality capture adoption in asset-heavy industries.
Focus on energy, mining, and infrastructure sectors
Aims to reduce risk of unplanned downtime and improve decision-making
Digital twin market projected to hit $150B by 2032
Backed by B Capital and Citi Impact Fund, Omnidian tripled revenue 2022–2024.
Funding supports geographic expansion, new products, and AI-driven asset reliability
Recent APAC acquisition supports international growth
Hub I plant in Quebec to process 400K tonnes/year of asbestos waste by 2027.
Co-led by Clean Energy Ventures and BDC Capital
Tech produces MgO, nickel, silica while mineralizing CO₂
Pre-purchase agreement signed with Frontier Climate
Fund to target resource efficiency and resilience in key sectors.
Backed by Canada Life, EDC, FTQ, Power Corp
Focus: energy, industrials, transport, and built environment
Led by Karine Khatcherian & Martin Aares (20+ yrs climate PE experience)
Farm-down strengthens Ørsted’s balance sheet while retaining operator role.
389 MW UK offshore wind farm; operational since 2014
Ørsted retains 25.5% and continues as O&M provider
Part of Ørsted’s broader 8 GW+ offshore wind construction pipeline
Schroders Greencoat now manages 7 GW+ of renewable capacity
Funds to support 4 GW TOPCon cell expansion in Dholera.
Total ReNew capacity: 6.4 GW across modules and cells
2,000 new jobs to be created; part of India’s 500 GW by 2030 roadmap
BII gains minority stake in ReNew Photovoltaics
Behind-the-meter systems to deliver ultra-reliable power in 18–24 months.
Alternative to 5+ year grid interconnection delays
Combines gas gen + optional renewables; zero single points of failure
Addresses surging AI and cloud computing power demands
Leadership shift comes as Williams deepens focus on infrastructure expansion and energy transition.
Alan Armstrong to become Executive Chairman; Zamarin elevated to CEO
Zamarin joined in 2017 and led major strategic development and innovation initiatives
Armstrong leaves a legacy of transforming Williams into a U.S. gas giant handling 1/3 of total U.S. natural gas volumes
U.S. shale giant braces for slower growth phase, targets shareholder value and balance sheet strength.
Revised capex: $3.4B–$3.8B; oil production guided to 480–495 MBO/d (-1%)
Emphasizes capital efficiency over volume; continues debt reduction and share buybacks
Highlights recent M&A (Double Eagle, Drop Down), record drilling efficiency
CEO to transition to Executive Chairman; full-year free cash flow remains strong despite macro volatility
FCF guidance raised to $2.1B as gas market drives strategy shift.
Cuts Permian rigs from 10 to 7; adds 2 rigs in Marcellus
Q1 FCF: $663M; $0.22/share dividend declared
Full-year capex lowered to $2.0–$2.3B
Shareholder returns of $192M in Q1; oil guidance unchanged
Williams posts $690M in Q1 net income, boosts full-year EBITDA guidance
Strong cash flow and strategic expansions position Williams for continued growth.
Everland & BNP Paribas launch $50M bond for Indigenous-led Amazon REDD+ projects
20 Equitable Earth-certified projects expected to generate $1B+ in revenue over a decade.
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
