Green Equity - July 2, 2024
News about stocks involved in environmental markets.
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
BluSky Carbon (BSKY) has announced a multi-year brokerage and monitoring, reporting, and verification (MRV) services agreement with Carbonfuture GmbH. Carbonfuture, a leader in durable carbon removal, rigorously tracks and verifies carbon removal credits for major clients like Microsoft and Swiss Re. BluSky is focused on converting waste into biochar, renewable power, and carbonate rocks, and selling the resulting biochar and carbon credits, aligning with the growing demand for carbon neutrality and CO2 reduction.
Eos Energy Enterprises (EOSE), a leader in zinc-based Long Duration Energy Storage (LDES) battery systems, has expanded its agreement with Indian Energy to add 25 MWh to an existing 35 MWh order, creating a total project size of 60 MWh to enhance grid resiliency for the Viejas Band of Kumeyaay Indians. This expansion, funded by the California Energy Commission, represents Eos' largest order to date.
Zefiro Methane (ZEFI) has appointed Mohit Gupta as its Chief Financial Officer. Gupta brings over 30 years of banking and energy trading experience, notably as a founding member of J.P. Morgan’s Energy Trading business. He has also held senior executive roles at Ernst & Young and Wells Fargo, where he led significant operational transformations.
Bion Environmental Technologies (BNET), a leader in livestock waste treatment technology, announced the appointments of Turk Stovall and Bob Weerts to its Board of Directors:
Turk Stovall, a fifth-generation Montana rancher, and CEO of Stovall Ranching Companies, will also lead a joint venture between Bion and Stovall Ranching to develop a new cattle feeding facility in Shepherd, Montana.
Bob Weerts, a Minnesota-based entrepreneur and Bion shareholder, brings extensive business experience from founding and operating several companies in areas like erosion control, sod farming, and recycling.