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Investment Firm Angeleno Group Invests In NESTEC

OpportunitiesInvestment Firm Angeleno Group Invests In NESTECAngeleno Group, a Los Angeles-based investment firm providing venture capital and growth equity to clean energy and climate solutions companies, announced its investment in NESTEC, an equipment manufacturer...

U.S. Forest Service Announces New Funding Opportunities

U.S. Forest Service Announces New Funding OpportunitiesThe U.S. Department of Agriculture’s Forest Service has announced up to $95 million in competitive grant funding through its Wood Innovations program for projects that advance innovative wood uses, expand...

SFI President & CEO Kathy Abusow To Retire

Legacy Plant Converting To ‘Carbon Negative AI Factory’The Sustainable Forestry Initiative (SFI) has announced that President and CEO Kathy Abusow will retire in 2026, having led SFI through a period of significant expansion across North America, increasing reach,...

Legacy Plant Converting To ‘Carbon Negative AI Factory’

Legacy Plant Converting To ‘Carbon Negative AI Factory’Specializing in developing smaller carbon footprints for AI operations, New York-based NewYork GreenCloud (NYGC) has acquired the closed Buena Vista Biomass Power facility in Ione, Calif., with plans to convert...

Bandit Names Craig Davis CEO/President

Craig Davis is the new CEO and President of Bandit Industries, as announced by former CEO Jerry Morey. Davis joined Bandit in 2018 as sales director and has also been a part of the Bandit management board, overseeing marketing and parts management…

Late 2022 Purchases Put Enviva In A Bind

“Our future profitability and liquidity are expected to be negatively impacted by the following matters which have resulted in substantial doubt about the company’s ability to continue as a growing concern,” states Enviva in its 10-Q filing with the Securities and Exchange Commission upon releasing its third quarter earnings report, which noted that Enviva incurred net losses of $258 million for the nine…

Sustainable Forests Report Has Mixed Results

Released in September, the “National Report on Sustainable Forests, 2020” from the U.S. Dept. of Agriculture (USDA) and Forest Service (FS) shows both good and challenging trends as the nation’s forestland owners seek sustainable ownership and management options. The fourth such effort since 1997, the report is 60 pages…

Forest Service Looks At Carbon Capture

U.S. Dept. of Agriculture’s Forest Service announced a Notice of Proposed Rulemaking (NPRM) that would allow the agency to consider proposals for potential carbon capture and sequestration projects on national forests and grasslands. This proposal would harmonize the framework between the federal government’s two largest land managers by aligning with regulatory structures already…

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