Microsoft and Iberdrola have announced a new partnership to deepen their work together on energy and artificial intelligence projects. The partnership builds on the success of previous initiatives and includes the signing of two long-term power purchase agreements (PPAs) in Spain, the first that the two companies have signed in Europe. The agreement envisages expanding the use of Microsoft’s Azure computing and cloud platform, the deployment of Microsoft Copilot and security and regulatory compliance solutions to boost Iberdrola’s digital capabilities and promote the use of AI throughout the Group. Iberdrola has…
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Global impact investing grows long term but faces a funding slowdown in 2025
Compared to a decade ago, venture capital (VC) funding into global impact startups has grown 300%. But for the fifth year in a row, VC investment is in decline. Impact startups have raised $33B in 2025 so far, a projected 24% drop from the previous year. Rising geopolitical tensions, scarcer resources, and volatile prices have shifted the focus of funding from a long-term transformation agenda centred around the Sustainable Development Goals to renewed goals of national security, resilience and independence. This shift is the main takeaway from the State of…
Read MoreStegra announces agreement with Microsoft, driving demand for near-zero emission steel
Stegra has entered into two new agreements with Microsoft. One is for the supply of steel with near-zero emissions to be used in Microsoft’s datacenters. In addition to the agreement for physical green steel, the companies have also entered into an agreement for the purchase of environmental attribute certificates tied to production from Stegra’s manufacturing facility in Boden, Sweden. This agreement is the first-of-its-kind in the steel industry designed to help drive global demand for green steel. After investing in Stegra in 2023 through its Climate Innovation Fund, Microsoft is…
Read MoreFidelis’ AtmosClear signs agreement with Microsoft for high-quality carbon removal from project in Louisiana
AtmosClear BR, a portfolio company of Fidelis, announced that it has signed a contract with Microsoft for 6.75 million metric tons of engineered carbon removal over 15 years from bioenergy carbon capture & storage (“BECCS”). The deal is the world’s largest for permanent carbon removal to date. AtmosClear is developing a carbon capture facility at the Port of Greater Baton Rouge in Louisiana. The plant will use sustainable materials like sugarcane bagasse and trimmings from prudent forest management to produce clean energy while capturing 680,000 metric tons of biogenic carbon…
Read MoreMicrosoft and FieldFactors partner to harness stormwater in Madrid
Microsoft is collaborating with Dutch start-up FieldFactors to replenish a natural stream using rainwater collected from a major new urban development. Called Solana de Valdebebas, the development covers more than one million square meters and will include almost 1,400 residential units. The initiative has the capacity to capture up to 200 million liters of stormwater run-off annually, which will be replenished into the local Valdebebas stream, a tributary of the Jarama River. Rainwater will be collected through FieldFactors’ sustainable drainage system, called BlueBloqs, which can capture up to 95% of…
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