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Month: September 2023

Union Pacific Uses $600M from 2022 Green Bond to Reduce Carbon Footprint in Support of Climate Change Goals

Union Pacific Uses $600M from 2022 Green Bond to Reduce Carbon Footprint in Support of Climate Change Goals

Union Pacific Corporation (NYSE: UNP) published its 2023 Green Bond Allocation and Impact Report, which outlines how proceeds from green bonds issued in September 2022 were used to help the railroad invest in its climate action goals. Union Pacific allocated 100% of the bond’s net proceeds of $590.8 million to eligible projects that support the corporation’s […]

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Green Steel Startup Boston Metal Raises $262 Million

Green Steel Startup Boston Metal Raises $262 Million

Metals technology company Boston Metals announced today that it has raised $262 million at the close of its Series C fundraising, with proceeds from the financing to be used to accelerate its platform enabling decarbonized steelmaking. The company announced the first close of the funding round in January at $120 million. Demand for fossil-free steel […]

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Morgan Stanley, Crowley, Launch Wind Energy Infrastructure Platform

Morgan Stanley, Crowley, Launch Wind Energy Infrastructure Platform

Morgan Stanley Investment Management’s (MSIM) private infrastructure platform Morgan Stanley Infrastructure Partners (MSIP) and logistics, marine and energy solutions company Crowley announced the launch of Crowley Wind Services Holdings, forming a new joint venture aimed at advancing offshore wind energy solutions for the U.S. The new joint venture will focus on repurposing and operating existing […]

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AI-Based Metals Recycling Startup Sortera Raises $30 Million

AI-Based Metals Recycling Startup Sortera Raises $30 Million

Material sorting startup Sortera Technologies announced that it has raised $30.5 million in a Series C funding round, with proceeds aimed at supporting the company’s growth and fully commercializing its first full-scale upcycling facility. Founded in 2020, Indiana-based Sortera enables the reuse of metals recovered from end-of-life products. The company’s solutions utilize artificial intelligence, image/data […]

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