Citigroup Invests in Breakthrough Energy Catalyst to Accelerate the Clean Energy Transition

San Francisco and Washington, D.C. – Paul Hastings LLP, a leading global law firm, represented Citigroup in its $100 million investment in Breakthrough Energy Catalyst, a program within the larger Breakthrough Energy network founded by Bill Gates, to accelerate the development of clean energy technologies that will help achieve net zero emissions by 2050.

As an anchor partner, Citi is aiming to deploy $100 million over the next five years to help fund the program’s efforts to rapidly scale and commercialize climate technology projects. The partnership was announced at the United Nations Climate Change Conference (COP26).

Corporate partner Todd Schwartz and Chair of Bank Regulatory Lawrence Kaplan advised Citigroup.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.