Green Equity - November 6, 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 that its joint venture, BluMountain Carbon, has signed agreements to launch biochar production projects in Orlando, Florida, and Tanzania. These projects aim to generate carbon credits and support sustainable development by sequestering carbon and improving soil health.
OPAL Fuels (OPAL) has begun constructing a renewable natural gas (RNG) facility at Kirby Canyon Landfill in Santa Clara County, California. The facility, fully owned by OPAL, will convert landfill biogas into RNG, producing around 0.66 million MMBtus annually, equivalent to 5.1 million gas gallons.
Hyliion Holdings Corp. (HYLN) has announced its transfer from the New York Stock Exchange (NYSE) to the NYSE American exchange, effective November 11, 2024.
Altius Renewable Royalties (ARR) is being acquired by Royal Aggregator LP for approximately C$162 million, with non-Altius Minerals shareholders receiving C$12.00 per share. The transaction is expected to close by the end of November 2024.