Corporate Banking: INNOVO & Fortune 500 Colocation Projects
We finance, build & operate very profitable cleantech projects alongside the operations of Fortune Global 500 corporations to digest their CO2 emissions. We enable them and their suppliers to achieve net zero at nil capex. Banks can leverage this to win the associated large-scale sustainability-linked finance.
A company with a large carbon footprint and all its heavy-emitting suppliers often have to invest over a $ billion over decades to achieve Net Zero. Our Smoke2Value algae bio-farm technology is so profitable that we can afford to fully finance, build and operate $400M capex bio-farms adjacent to the heavy-emitting factories of Fortune Global 500 companies and their suppliers.
It will cost the cement and steel industries $6.2 trillion to decarbonize, according to McKinsey. INNOVO mitigates this cost, opening up these and other heavy-emitting industries like power, data centers, chemicals, etc., to a flow of very large-scale sustainability-linked finance from leading banks and asset managers.