Energy & Sustainability Connections Newsletter — June 2024
Mintz Senior Project Analyst Giselle Mota and Project Analyst Francesca Barasch contributed to this edition of the newsletter.
A Note from the Editors
Energy & Sustainability Connections brings the latest developments in energy investing, legal insights, company activity, and industry events straight to your inbox. This month’s edition includes:
- Announcement:
Congratulations to our client, Boston Metal, for being named one of TIME’s 100 Most Influential Companies of 2024! Boston Metal has pioneered in the green steel space with its patented molten oxide electrolysis (MOE) solution. This innovation takes the coal out of steelmaking, replacing the most carbon-intensive manufacturing steps with a process that produces molten ore with renewable electricity and generates no CO2 emissions.
Learn more here >>
- Legal Feature:
Treasury Department Issues Guidance on Round Two of §48C Advanced Energy Tax Credit Program.
Read here >>
- Client Feature:
This month, we are excited to feature Quaise Energy, a trailblazer in the terawatt-scale geothermal energy space that recently announced the close of a $21 million Series A1 financing to accelerate its field operations and secure its supply chain, as it continues to work towards creating a sustainable and prosperous energy future.
Read here >>
- M&A Spotlight:
Read about the latest M&A activity in the energy and sustainability space.
Read here >>
- Washington Update:
Read the latest energy policy updates coming out of the Capitol, including coverage of the IRA’s $8.8 billion Home Energy Rebates program, the Treasury’s guidance on Advanced Energy Project Tax Credits, new federal opportunities related to transmission expansion and critical minerals, hot EPA issues, and new Bipartisan Infrastructure Law and IRA opportunities.
Read here >>
- Litigation Updates:
Read the latest litigation news in the energy and sustainability space.
Read here >>
- Event Highlights:
Don’t miss exciting events happening soon, including ClimaTech, a global climate tech conference that will bring together thinkers, leaders, and innovators from around the world in Boston! Mintz’s Energy & Sustainability Team is thrilled to help launch this gathering.
Learn more here >>
- Energy Funding Matrix:
ML Strategies and Mintz have developed a matrix of federal grant, loan, and financing programs to help you leverage federal dollars in your clean and renewable energy efforts.
Learn more here >>
We would also like to remind our readers that you can always ask us anything at mintzedge.com/ask-anything/. We built the MintzEdge website as a resource for entrepreneurs and investors, and hope that all of you take advantage of the site and see how it can help you.
Energy and Sustainability Team — Built For This Moment
At the frontlines of the energy and sustainability revolution since the start, our team was built for this moment: to advance innovation, transform infrastructure, and scale solutions integral to business success and a thriving planet.
Authors
Thomas R. Burton, III
Member / Chair, Energy & Sustainability Practice
Tom Burton has helped to shape the clean energy industry by drawing on his passion for innovation. As a Mintz attorney, Tom counsels investors, entrepreneurs, and Fortune 100 companies. He also guides start-up organizations and accelerators to foster the next generation of energy leaders.
Sahir Surmeli
Member / Co-chair, Energy & Sustainability Practice
Sahir Surmeli is a Mintz business counselor who advises companies, boards, entrepreneurs, investment banks, and venture and private equity investors as they build and grow companies. He handles public offerings, 144A and private financings, acquisitions, joint ventures, and strategic partnerships.
Lyndon Plothow
Of Counsel
Lyndon Plothow is an Of Counsel at Mintz who focuses his practice on representing financial institutions and issuers in US and international issuances of debt and equity securities. He works with clients in a variety of industries, including manufacturing, transportation, aviation, and energy & sustainability.