Latin America's energy transition is rarely reported on but the region is a secret leader in this. Its decarbonisation journey offers opportunities for the rest of the world.

LG’s incubation unit hired Ramkumar Krishnan, who worked at multiple renewable energy companies, to identify cleantech opportunities.

The former founder was an adviser to startups before taking on the new investing role.

Venture firm Vireo Ventures has received an undisclosed sum from the utility’s CVC unit, representing the latter’s second fund investment.

GCV Emerging Leader Frederico Gonçalves is now partner and managing director of the CVC arm, following former head Luís Manuel’s departure.

The Chilean auto parts manufacturer has shut down its $20m startup investment subsidiary and its Emasa Mobility Hub after three years.

Gareth Burns, head of BP Ventures, is one of the 100 leading corporate venturing professionals in our 2024 Powerlist.

Crispin Leick, managing director or EnBW New Ventures, is one of the 100 leading corporate venturing professionals in our 2024 Powerlist.

Geert van de Wouw, managing partner of Shell Ventures, is one of the 100 leading corporate venturing professionals in our 2024 Powerlist.

Co-managed by Innoh Associates, the CVC unit will operate for seven years and back strategic areas such as marketing, retail, energy and AI.