ClimeCo, a global company that focuses on developing and trading environmental commodities and advising clients on emerging environmental market solutions, has raised over USD50 million in an investment round led by Warburg Pincus, a leading global growth investor, and The Heritage Group, which made ClimeCo’s first outside capital investment in early 2021.
The financing will be used to fund corporate and project-level growth initiatives. As part of the capital raise, ClimeCo also gained access to additional funds for project equity financing.
This equity and financing line will allow ClimeCo to execute on major decarbonisation projects for clients around the world.