Decarbon Daily - Issue for August 11, 2021
Inside this issue
Energy M&A is heating up. With ESG receiving so much attention, companies are pivoting and studying new markets to understand how their firms can adapt.
Software and technology used to monitor, report, and analyze environmental workflows continue to gain attention and traction across industrial markets. ERM, Intelex, Accuvio, and many other software firms were able to weather covid-19 and are now looking at tremendous growth opportunities across industries.
After a terrible 2020, oil & gas producers' stocks are finally recovering and consolidation continues in the sector. Today, Chesapeake acquired Vine Energy to consolidate the Haynesville locations. Why are you not bullish on the Haynesville? Proximity to the Gulf Coast infrastructure, LNG exports, declining well costs, and potential for carbon storage make the Haynesville a fascinating shale play. Expect more deals to happen in the shale gas plays.
President Biden wants to see more electric vehicles on the road. The current EV charging infrastructure cannot support the anticipated demand growth, so I see more investments and deals taking place in the EV charging segment. Today, ChargePoint acquired ViriCiti to expand the firm's portfolio of software and infrastructure. ChargePoint, EVgo, Tesla, Blink, and others will need to make moves to capture market share. However, like most energy infrastructure utilization and initial costs will have a heavy influence on the economics for charging infrastructure.
Inside this Issue
🌎 Diligent Acquires ESG Leader Accuvio to Enhance Climate Reporting Capabilities
🔌 ChargePoint acquires Amsterdam-based electric fleet manager ViriCiti
🛰 SpaceX Acquires Swarm Technologies
🛢 Chesapeake Energy acquires Vine Energy in $2.2 billion deal
✨ CleanSpark Acquires Second Data Center to Increase Bitcoin Mining Capacity
👩🏼🔬 Argus acquires renewable chemicals specialist Oleochem Analytics
Articles in this issue