Carbon Resilience Executes US$135 Million Reverse Takeover of Kibo Energy (RTO)

I Squared Capital and TPG-CPPIB in final bid race to acquire controlling stake in Re Sustainability

July 4, 2026

Environmental Services

I Squared Capital and a consortium of TPG and Canada Pension Plan Investment Board (CPPIB) have emerged as final contenders to acquire a controlling stake in KKR-backed Re Sustainability Ltd. The waste-management and environmental services company is expected to be valued at more than $1.6 billion, with binding bids due in the next 10–15 days.

Canaccord Genuity Acquires Carbon Reduction Capital (CRC-IB)

January 14, 2026

Financial Services

Canaccord Genuity Group Inc., through its U.S. capital markets business, has acquired Carbon Reduction Capital, LLC (CRC-IB), a specialist advisory firm in renewable energy M&A, project finance and capital raising. The CRC-IB partners will lead Canaccord's newly formed Energy Transformation group to expand the firm's advisory capabilities across renewable energy, storage, carbon capture and related energy transition markets; financial terms were not disclosed.

51toCarbonZero Integrates Green Element Consulting

November 25, 2025

Consulting

Climate technology platform 51toCarbonZero has integrated UK sustainability consultancy Green Element, combining Green Element’s two decades of science‑based advisory with 51toCarbonZero’s AI-driven emissions management platform. The move embeds advisory capabilities (LCA, climate risk, CSRD/SBTi compliance) into 51toCarbonZero’s product offering to deepen consulting services and accelerate capability expansion across its client base in the UK, Europe and North America.

Resource Innovations Acquires Shifted Energy

October 9, 2025

Energy

Resource Innovations (RI), a San Francisco–based utility software and consulting platform, has acquired Honolulu-based Shifted Energy to integrate its Grid Maestro DERMS technology into RI’s demand-side management (DSM) and grid-edge offerings. The deal expands RI’s capability to deliver end-to-end virtual power plant and flexible load management solutions at scale, with a focus on equitable access for renters and underserved communities.

RM Capital Partners Acquires ISO Solar (Integrated Solar Operations)

May 14, 2025

Renewable Energy

RM Capital Partners, a Chicago-based private equity firm, has completed the acquisition of Integrated Solar Operations d/b/a ISO Solar, a turnkey solar energy provider serving residential, commercial, and government customers across Puerto Rico. RM Capital plans to support ISO Solar's growth through investments in people, products, services and infrastructure to capture rising demand for energy resiliency and lower-cost alternatives to the island's centralized grid.

Madison Bidco Ltd (consortium led by Lightrock, Carbon Direct Capital, GenZero and Kibo) to Acquire Velocys

December 6, 2023

Renewable Energy

Madison Bidco Ltd., a newly formed acquisition vehicle indirectly owned by a consortium including Lightrock, Carbon Direct Capital, GenZero and Kibo Investments, has reached agreement to acquire U.K.-based sustainable aviation fuel developer Velocys in a recommended cash offer. The transaction includes a payment of 0.25 pence per Velocys share and up to $40 million of growth capital from Bidco to support Velocys’ medium-term plans; a £3.5 million secured bridging loan has also been provided by the Carbon Direct Fund to fund operations until closing.