Announced
Financials
Tags
Acquisition
Minority
Single Bidder
Friendly
Private
United States
Machinery: Industrial
Pending
carbon reduction
Domestic
Synopsis
Anglo American, a mining company, agreed to invest $200m in First Mode, a carbon reduction company developing creative, clean energy solutions. "The First Mode mission is much bigger than a single haul truck. Mining is how the world obtains the materials needed for the clean energy transition, and it is where the carbon footprint starts. This is where the First Mode solution begins; starting at the source, in mining, to replace diesel and accelerate the clean energy transition," Julian Soles, Anglo American Head of Technology.
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