Green Equity is a daily series dedicated to tracking emerging investment opportunities in environmental markets. Notable events include green investments, fundraising, M&A, and new public listings.
News From Public Companies
CleanCore Solutions (ZONE) has launched a product rollout at a major international New York airport (unnamed), introducing its patented cleaning technology as a safe, cost-effective alternative to traditional chemicals.
Carbon Streaming Corporation (NETZ.NE) has received a Notice of Adverse Impact from Mast Reforestation regarding the Sheep Creek reforestation project, citing higher-than-expected seedling mortality and slower growth rates. As a result, Mast no longer expects to deliver the 286,229 forecasted mitigation units, deeming the original project plan unviable. Carbon Streaming is evaluating legal options and has requested further clarification from Mast. Additionally, the company had invested $15 million in Mast’s reforestation projects and converted a $2 million note into preferred shares, which are now expected to decrease in value due to the project's challenges.
Jericho Energy Ventures (JEV.V) has successfully closed the final tranche of its oversubscribed non-brokered private placement financing, raising a total of $2.02 million. The funds will support general working capital needs. Notably, two insiders participated in the financing, acquiring 1.7 million units.
Calumet's (CLMT) Montana Renewables faces a temporary delay in receiving the first $782 million tranche of its $1.44 billion DOE loan due to a White House review under a recent Executive Order by President Trump. The order pauses federal loans and grants to assess alignment with administration policies. Despite the delay, Calumet remains confident that its SAF expansion project aligns with U.S. energy and biofuel priorities. A federal judge has temporarily blocked the funding freeze for existing programs, with further hearings scheduled.
GreenPower Motor (GP) has appointed Wolfington Body as its exclusive dealer for electric school buses in New Jersey, Pennsylvania, and Delaware, and as a dealer for its Class 4 EV trucks and vans in those states.