Brought to you by:

D-CRBN - a Belgian startup turning industrial CO₂ emissions into valuable feedstock using cutting-edge plasma technology. If you want to learn more, reach out directly to David Ziegler or Gill Scheltjens.

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🌊 This week on New Wave:

👉 Base Power’s $1B Series C

The fastest-growing energy startup in America raises $1 billion at a $3 billion pre-money valuation. Is this a pure execution play or a new model for distributed energy? And is vertical integration the new moat in climate?

👉 EIP’s $1.3B Growth Fund

Energy Impact Partners closes its largest vehicle yet, a $1.3 billion fund. But with few late-stage climate companies to back, where will all that capital go? And are specialist billion-dollar funds the new normal?

👉 Germany launches €6B decarbonization program

Germany launches an industrial decarbonization package that finally includes carbon capture and storage. Pragmatism or surrender? Are we entering the “capture era” of Europe’s energy transition?

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References:

Germany launches 6 billion euro industrial decarbonisation program

Base Power raises $1B to deploy home batteries everywhere

Energy Impact Partners Closes Latest Flagship Fund

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Wave Makers:

Jonny Everett - Marble

Julia Attwood - Sightline Climate

Hampus Jakobsson - Pale Blue Dot

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Chapters:

(00:00) Introduction

(01:26) Base Power raises $1B

(35:46) EIP closes a $1.3B fund

(47:09) Germany launches €6B decarbonization program

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