Green Equity - October 24, 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
Watchlisted - CleanCore Solutions (ZONE) has signed an initial sales agreement with Hand In Hand Montessori School in Minnesota. Traditional cleaning products that contain harmful chemicals can’t be used during the day without risking children's health. That is where CleanCore’s cleaning solution provides a viable alternative.
Bion Environmental Technologies (BNET) secured up to $500,000 from BLG, LLC, for short-term funding, with plans for further financing. Their Ammonia Recovery System (ARS) at Fair Oaks is meeting expectations, with a final run scheduled to complete data for an independent report. Bion is also advancing its Stovall/Yellowstone Cattle Feeders biogas project, aiming to start construction by the end of 2024.
DevvStream Holdings (DESG) announced an agreement to purchase 1.2 million carbon credits from the Ipixuna REDD+ Project, located in Brazil's Amazon rainforest. The project is expected to reduce 13.2 million tons of CO2 emissions over 30 years and is managed by the indigenous Parintintin tribe. The transaction, contingent upon DevvStream’s Nasdaq listing by October 31, 2024, will be funded through newly issued shares.