Investment
Pharma industry-backed fund invests in two biotech companies to treat ‘superbugs’
A $1 billion fund backed by over 20 drugmakers made its first set of investments on Monday in two biotechnology startups, nearly two years after it was launched to help struggling antibiotic makers tackle the threat of antibiotic-resistant bacteria.
EIB To Finance AD Plant in Italy
The European Investment Bank announced it will contribute to financing a new anaerobic digestion (AD) plant in the Italian municipality of Pescara. The EIB will grant the 2021-2025 climate strategy of Pescara with a €35 million framework investment aimed at…
Polybion Completes Bacterial Cellulose Biomanufacturing Facility
Polybion announced that it will be scaling up production at its bacterial cellulose facility – the world's first, thanks to the successful closing of a US$4.4 million (€4 million) Series A financing round led by Blue Horizon.
Ara Partners Acquires FNX LNG
Ara Partners, the private equity firm that specialises in industrial decarbonisation investments, has announced its acquisition of Spanish company FNX Liquid Natural Gas to form CycleØ Group, a European biomethane platform.
Using Public Funding to Attract Private Investment in Renewable Energy in Indonesia
Indonesia is holding the G20 Presidency in 2022, and sustainable recovery and clean energy transitions will be part of the agenda. Indonesia has an opportunity to accelerate its energy transition by supporting renewable energy development in the country. The private…
Bon Wier Selected For $1.7 Billion Advanced Biorefinery
USA BioEnergy has announced it will develop an advanced biorefinery in Bon Wier, Texas. The facility will convert 1 million green tonnes of wood waste into 34 million gallons of transportation fuel.