Earth Finance Acquires Climate Engine
Deal News | Apr 07, 2025 | Globenewswire
Earth Finance, a Seattle-based sustainability strategy and financial consulting firm, has announced the acquisition of Climate Engine, which specializes in Spatial Finance technology. This move aligns with Earth Finance's commitment to a systems-focused approach in the sustainability transition, targeting sectors such as aviation, maritime, and utilities. Climate Engine's 'SpatiaFi' technology brings enhanced data accuracy and transparency, catering to investment opportunities that consider environmental and financial factors. By integrating this technology, Earth Finance aims to provide insights enabling companies to capitalize on the growing economic opportunities linked to climate resilience and adaptation strategies. This acquisition follows previous strategic purchases, enhancing expertise in transportation and water sectors to further support their global reach.
Sectors
- Sustainability Consulting
- Financial Technology
- Renewable Energy
Geography
- United States – Earth Finance is based in Seattle, and Climate Engine operates in the U.S., making this a predominantly U.S.-focused transaction.
- Canada – Climate Engine operates in both the U.S. and Canada, contributing to the North American market reach.
Industry
- Sustainability Consulting – Earth Finance operates in sustainability strategy and finance, focusing on climate transition solutions.
- Financial Technology – Climate Engine's Spatial Finance technology offers advanced data analytics for financial decision-making.
- Renewable Energy – The acquisition supports Earth Finance's focus on renewable energy as a critical component of sustainability transitions.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Earth Finance | Acquirer | Company | A sustainability strategy and finance consulting firm based in Seattle. |
Climate Engine | Target Company | Company | Developer of Spatial Finance technology providing environmental and economic data services. |
Garrett Kephart | Co-founder and CEO | Person | Co-founder and CEO of Earth Finance. |
Reuven Carlyle | Co-founder and Executive Vice President | Person | Co-founder and Executive Vice President of Earth Finance. |
Jamie Herring, Ph.D. | Founder and CEO | Person | Founder and CEO of Climate Engine. |