⚡ $1.4B Renewable Energy Acquisition. $270M+ VC Funding.
Daily Impact Deals #188 looks at major deals and M&A in impact industries and upcoming economic releases.
Yia sas 🏛️
📈 Today's Global Economic Update: The RBA maintained its cash rate at 4.35% in September, marking the seventh consecutive meeting without changes, while acknowledging inflation momentum remains too high.
⚡ Deal of the Day: Masdar, a renewable energy company, acquired Saeta, a renewable energy platform, from Brookfield for $1.4B.
What's New?
🌍 Climate. Renewable and geothermal energy
💻 Technology. Fintech and software
📅 Economics. Euro area inflation, US employment, balance of trade data + more
🌍 Climate
⚡ Masdar, a renewable energy company, acquired Saeta, a renewable energy platform, from Brookfield for $1.4B.
🌋 Dandelion Energy, a geothermal HVAC startup, raised a $40M Series C from Google Ventures to expand operations.
💻 Technology
🌐 UJET, a California-based cloud company, raised a $76M Series D to accelerate UJET’s end-to-end vision of AI-powered CX orchestration.
💴M2P Fintech, a Chennai-based fintech company, raised a $70M Series D to improve their technology.
💱 InDebted, a Sydney-based fintech company, raised a $41M Series C, The funds will be used towards expansion.
📅 Economic Calendar
Euro Area Inflation, US Employment, Balance of Trade Data + More
Thursday, September 26th 2024
🇩🇪 Germany GfK Consumer Confidence
🇺🇸 US Durable Goods Orders Data
🇺🇸 US GDP Growth Data, Q2
Friday, September 27th 2024
🇫🇷 France Inflation Data (Preliminary), September
🇺🇸 US Core PCE Price Index
🇺🇸 US Personal Income & Spending Data
Monday, September 30th 2024
🇨🇳 China NBS Manufacturing PMI, September
🇨🇳 China Caixin Manufacturing PMI, September
🇮🇹 Italy Inflation Data (Preliminary), September
🇩🇪 Germany Inflation Data (Preliminary), September
Tuesday, October 01st 2024
🇯🇵 Japan Consumer Confidence Index, September
🇪🇺 Euro Area Inflation Data (Flash), September
🇺🇸 ISM Manufacturing PMI, September
🇺🇸 US JOLTs Job Openings, September
Wednesday, October 02nd 2024
🇦🇺 Australia Balance of Trade Data, August
Friday, October 04th 2024
🇨🇦 Canada Balance of Trade Data, August
🇺🇸 US Employment Data, September
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