Axios Pro: Climate Deals

May 24, 2024

Axios Pro Exclusive Content

Happy Friday, climate readers. Research associate Natalie Breymeyer here with your weekly digest.

πŸ‡ΊπŸ‡Έ Programming note: We're out on Monday in observance of Memorial Day. Enjoy your long weekend, and we'll be back in your inboxes on Tuesday morning.

1. Enduring Planet raising up to $40M for climate finance

Illustration: Sarah Grillo/Axios

May 20 β€” Enduring Planet, a loan provider for climate startups, closed $4.1 million for its Fund II last week, the firm told Alan exclusively.

  • Why it matters: The firm wants to provide a lifeline to climate founders that doesn't chip away at their equity.
  • Go deeper: Read Monday's newsletter, plus Monday's Pro Rata on ADNOC agreeing to buy an 11.7% stake in NextDecade's liquefied natural gas project in Texas.

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