The troubles experienced by Europe's best-funded start-up show that investing in the energy transition is not as easy as it looks.
Investors believe the market is starting to account for capital spent on decarbonising assets, but the data seems hard to come by, according to speakers at the Women in Private Markets Summit in London this week.
Last week, Investcorp Strategic Capital Group announced it had joined Ownership Works, making it the shared ownership organisation's first GP staking partner.
A step taken by Japan's Ministry of Health, Labour and Welfare was described by one veteran impact investor as 'moving mountains'.
The wider BNP Paribas group has provided an anchor commitment of €400m, according to a statement.
Current approaches to energy efficiency are ignoring the most carbon-intensive area of data centre operations, according to the environment-focused manager.
It is clear that responsible investors want to back homegrown clean tech and solutions that contribute to real-world emissions reductions.
A group of VC firms have produced a handbook for firms looking to apply EIF's gamma model.
Hyewon Kong will oversee the firm's ESG strategy and sustainable investment team.
GPs must be careful not to incur liability when addressing ESG issues in their portfolio companies.