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SustVest raises $1.7 million to expand solar projects

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SustVest has secured $1.7 million in equity and debt during its Pre-Series A funding round. The round was led by Inflection Point Ventures and Antler, with participation from WEH Ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and others. The funds will be used to acquire solar projects, scale marketing for its regulated platform, improve operations, and manage legal expenses. SustVest, a regulated platform for sustainable investments, offers fixed-income investment opportunities in renewable energy and provides…

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TotalEnergies halts new investments in Adani Group amid corruption allegations

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French energy company TotalEnergies has suspended new financial contributions to the Adani Group following indictments of Adani Group executives by US authorities over alleged corruption linked to Adani Green Energy Limited (AGEL). The US Securities and Exchange Commission (SEC) has accused Adani Group officials, including Gautam Adani and his nephew, of bribery in connection with a $750 million bond offering.  The allegations claim the company falsely promoted compliance with anti-bribery principles while engaging in illegal…