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Latham Advises Utility Global on US$100 Million Series D Financing

February 17, 2026
A Texas‑based team advised the industrial decarbonization company on the transaction.

Utility Global, a global industrial decarbonization company enabling practical solutions for hard‑to‑abate sectors, has announced a first close of US$100 million in its Series D financing round, led by Ara Partners and APG Asset Management, one of the world’s largest pension investors on behalf of Dutch pension funds. This milestone financing will allow Utility Global to deploy its proprietary H2Gen® technology globally at industrial scale.

Latham & Watkins LLP advised the industrial decarbonization company on the transaction with a Texas‑based team led by partners Scott Craig and Justin T. Stolte, with associates Mason Taylor and William Brown.

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