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3 April 2013

Update: Shell to build 15-strong team to manage in-house corporate venture armp

In a revamping of its corporate venturing approach, Shell has told NewNet it will build a ten to 15-strong investment team as it looks to spend ‘hundreds of millions of dollars’ over the coming years on promising tech companies and funds.

3 April 2013

Shell to commit ‘several hundred million dollars’ as it brings corporate venture arm in-housep

Shell has revamped its corporate venturing activities, setting up a successor to Shell Technology Ventures Fund 1 managed by Kenda Capital to back emerging technology companies and venture funds through an in-house team.

2 April 2013

BP, Conoco Phillips back CO2 project to turn carbon into baking soda

Skyonic, a Texas-based company backed by BP and Conoco Phillips, said it is ready to start building a plant that will make money by turning carbon dioxide into products such as baking soda.

27 March 2013

Oxford Catalysts sees 2012 revenue increase in ‘milestone’ year

Oxford Catalysts achieved an increase in revenues in 2012 in a year that it described as ‘milestone’ after some major order wins.

26 March 2013

Gimv sells non-core asset to focus on sustainable cities, healthcare investmentsp

European investment firm Gimv has sold its shares in German MBO firm Halder to the firm’s management as it refocuses on its core investment areas, one of which is on smart cities industries and sustainable cities.

19 March 2013

Losses increase at Hydrodec despite revenue rise

Cleantech industrial oil re-refining group Hydrodec saw its losses increase to $3m in 2012 despite a revenue increase of 17 per cent.

18 March 2013

New Fuel Systems agrees $100m funding with Lambert Private Equity

New Fuel Systems, a plastics to fuel conversion company, has signed a Special Private Placement Agreement for $100m of equity line funding with Lambert Private Equity.

12 March 2013

London to host £150m Future Cities Catapultp

The Technology Strategy Board has launched its latest Catapult this time focused on Future Cities in a £150m collaboration with industry.

12 March 2013

Exclusive: SJF Ventures raises ceiling for fund III with final close on horizonp

SJF Ventures has increased the ceiling of its latest green growth fund to $100m after hitting half that figure less than a year into the fundraise, telling NewNet it hopes to reach final close by the end of April.

11 March 2013

Encana leads Alphabet Energy’s $16m round to accelerate waste-heat recovery

Alphabet Energy, which has developed a silicon thermoelectric technology that generates power from a variety of waste-heat sources, has closed a $16m Series B round led by Calgary investment firm Encana.

8 March 2013

Ecover converts ocean waste to eco bottles

Ecover, a Belgium-based green cleaning brand, will begin using plastic waste from the sea to create a new type of recyclable plastic bottle.

7 March 2013

Impact investor Bridges Ventures sells waste oil refinery

UK impact investor Bridges Ventures has sold its stake in Whelan Refining to the company’s management team.

4 March 2013

Eco-packaging business gets commitments towards $5m equity roundp

A US-based eco-packaging developer has secured investments towards a $5m equity round.

4 March 2013

Applied CleanTech teams with Vert-Energy to distribute water systems in Mexico

Applied CleanTech, which manufactures sewage-mining systems for wastewater treatment plants, has partnered with Vert-Energy to distribute its technology throughout Mexico.

28 February 2013

OriginOil water treatment system sees successful first test results

OriginOil, a US-based water treatment systems developer, announced the successful first test of its water treatment system for the oil and gas industry.

27 February 2013

TAQA invites EPC bidders for UAE’s first waste-to-energy plantp

Abu Dhabi energy company TAQA has invited tenders for the EPC work associated with the UAE’s first waste-to-energy plant.

25 February 2013

Defra pulls £200m of waste-to-energy funding casting doubt on 3 schemesp

The UK’s Department for Environment, Food and Rural Affairs (Defra) has pulled £200m in financial support from three proposed waste-to-energy projects telling NewNet the capital will now be redistributed to other government priorities.

25 February 2013

Shanks begins management of UK waste recycling facilities

UK-based company Shanks Waste Management has begun waste management services for the Wakefield District in the UK.

21 February 2013

SiC Processing’s owner Nordic Capital holds confident first close of €1.7bn for Fund VIIIp

Nordic Capital, backer of the now insolvent solar recycler SiC Processing, has beaten its expectations for the first close of its latest buyout fund by gathering €1.7bn.

21 February 2013

Biffa inks deal with Welsh county council

UK-based waste management business Biffa has signed a deal with Monmouthshire County Council in Wales to process 8,000 tonnes per year of co-mingled recyclable waste.

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