In May, Mintz Levin client Axiom Exergy closed an impressive $7.6 million Series A round to scale its cold-storage device for grocery stores, bringing its total fundraising to $12.5 million. Led by Shell Ventures and GXP Investments, this financing will allow the innovative thermal storage startup to expand from two pilot installations to fleet-wide rollouts and reinforce its cloud-based data analytics for optimizing electricity consumption.
Continue Reading June Leader in the News: Axiom Exergy Closes $7.6 Million Series A with a New Thermal Storage Model for Grocery Stores

The world is changing! Over the last several years, Environmental, Social and Governance (ESG) criteria have been an emerging focus in the investing world, primarily driven by equity investors where it can be harder for a company raising funds to correlate capital costs with ESG impact. Last month, multinational food-products giant Danone Group and its bank group, led by BNP Paribas, redefined the ESG landscape with a credit facility that is said to directly link borrowing rates to  “verified positive impact on the word.”

Continue Reading Save the World, Reduce Your Cost of Capital: How Danone is Turning ESG Impact into Lower Borrowing Costs

Analysis by Bloomberg New Energy Finance finds that roughly 18% of U.S. energy generation is supplied by renewable sources. The details can be found in the 2018 edition of the Sustainable Energy in America Factbook, Bloomberg’s dive into the country’s energy mix and evaluation of how various renewable energy industries are faring.

Continue Reading New Bloomberg Report Finds that Renewables Supply All-Time High of 18% of U.S. Energy Generation

In this four-part series, we revisit 2017’s biggest developments in Energy & Sustainability-related news, milestones, policy changes, and financial transactions. This is the fourth installment of the series. Click to read Part 1, Part 2, and Part 3. Continue Reading Energy & Sustainability 2017 Year in Review: Notable Deals and Financial Activities (Part 4 of 4)

In this four-part series, we revisit 2017’s biggest developments in Energy & Sustainability-related news, milestones, policy changes, and financial transactions. This is the third installment of the series. Click to read Part 1 and Part 2.

Continue Reading Energy & Sustainability 2017 Year in Review: Policy Developments (Part 3 of 4)

In this four-part series, we revisit 2017’s biggest developments in Energy & Sustainability-related news, milestones, policy changes, and financial transactions. This is the second installment of the series. Click to read Part 1.

Continue Reading Energy & Sustainability 2017 Year in Review: Milestones (Part 2 of 4)

In this four-part series, we revisit 2017’s biggest developments in Energy & Sustainability-related news, milestones, policy changes, and financial transactions. This is the first installment of the series. Continue Reading Energy & Sustainability 2017 Year in Review: Tax Bill (Part 1 of 4)

A new report from Baird Equity Research outlines the inroads made by solar energy the past two years and projects the industry’s continued growth over the long term. In particular, the report cites increased installations, decreasing costs, and consistent technological advancements as key contributors to the industry’s success.

Continue Reading New Report Highlights Progress and Growth Potential of Solar Industry

On November 1, the Baker-Polito Administration awarded $3.7 million in grants to increase the adoption of cost-saving clean energy technologies by Massachusetts low-income residents as part of the Commonwealth’s Affordable Clean Residential Energy Program (ACRE).

Continue Reading Baker-Polito Administration Awards $3.7 Million in Grants for Clean Energy Technology

On October 13, former Nevada Senator Harry Reid and current Governor of Nevada Brian Sandoval hosted the ninth annual National Clean Energy Summit in Las Vegas, NV. Each year, the 3-day summit brings together leaders of industry, government, and advocacy organizations in an effort to shape the United States’ energy policy agenda and facilitate the country’s progress towards a clean energy economy.

Continue Reading National Clean Energy Summit Sets the Stage for the Future of Sustainability