How adding Isolcork to your building could save you thousands — or even millions

Cutting Costs

Photo courtesy of Isolcork

As temperatures continue to rise and electricity costs follow suit, companies and homeowners are keen on finding ways to cut costs while improving their energy efficiency.

That's where Isolcork comes in. This top-of-the-line, multi-purpose, cork-based finish is sustainable, aesthetically pleasing, insulating, and durable, both for maintenance and new construction projects.

And the best part is that it's applied to the exterior only, meaning there's no need to pause or rearrange what's happening inside — whether that's manufacturing or everyday life — while the building's envelope is improved.

Isolcork has specialized in sustainable cork for the construction, operational, and maintenance industry since 2010, and is now available for residential use as well. Its products have been commercialized in 14 countries in both Europe and Latin America and used on more than 10,000 projects worldwide, including 25-plus in Arizona and Texas. All Isolcork lab tests have been conducted in U.S. labs under ASTM.

There are two options:

  • Spray cork: A blend of premium granulated cork particles combined with high-grade water-based resins, mineral fillers, stabilizers, and additives. (This video demonstration goes into more detail.)
  • Rubber top: Sprayable waterproofing membrane with rubber and nanoparticles for corrosion protection.

“We have a high standard of quality control for our products, and we manufacture a premium coating solution," says Isolcork manufacturer Pablo Palma. "We buy the best cork from the best producer of cork in the world, which is in the country of Portugal, and we use a unique grain size that we process manually in our manufacturing facility. I can certainly say that making spray cork is like being a master chef with a Michelin-starred restaurant. We are proud of our product, and we will keep it that way for our clients.”

American commercial buildings, especially warehouses, manufacturing, and healthcare facilities, that add Isolcork and meet certain government requirements can also qualify for a tax deduction of up to $5 per square foot, according to Section 179D.

Isolcork maintains a trusted partnership with a specialized tax firm that can build and certify the energy models for commercial buildings under Section 179D tax deduction incentives.

The global green construction is estimated to reach $774 billion by 2030, with a significant compound annual growth rate (CAGR) of 11.8 percent from 2022 to 2032.Texas is the second-largest market in the U.S. for these type of products.

“Our success is due to three worldwide trends in the construction industry," says Isolcork's Mario Palma. "First, environmental entities are looking for natural component materials due to environmental requirements. Second, younger generations who care more about the environment are getting into decision-making positions across industries and they prefer natural products. Third, building owners, no matter what view they have, are looking to save energy and money due to the energy cost increase. Our products are 100 percent aligned with these worldwide trends.”

Companies around the world have been discovering the benefits of Isolcork — one recent example is a large manufacturing facility in Dallas. The estimated energy cost savings in heating and cooling will be between 15 and 20 percent for a standard product solution, plus the estimated tax deduction according to estimation could be equivalent to 70 percent of the total cost of the envelope improvement work.

Isolcork has proven so successful that it even holds the honor of being the first Latin American startup to be part of the Center for Innovation Program at the University of Arizona.

“With the estimated North America demand for Isolcork products being so large, the company is looking for locations and financial support of $10 million to build two manufacturing facilities in Texas and Arizona," says Isolcork USA & Canada country manager Emilio R. Armstrong.

Whether you're looking to invest in Isolcork or simply add it to your structure, the benefits of the sustainable product are immense. Learn more about Isolcork here.

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Houston unicorn closes $421M to fuel first phase of flagship energy project

Heating Up

Houston geothermal unicorn Fervo Energy has closed $421 million in non-recourse debt financing for the first phase of its flagship Cape Station project in Beaver County, Utah.

Fervo believes Cape Station can meet the needs of surging power demand from data centers, domestic manufacturing and an energy market aiming to use clean and reliable power. According to the company, Cape Station will begin delivering its first power to the grid this year and is expected to reach approximately 100 megwatts of operating capacity by early 2027. Fervo added that it plans to scale to 500 megawatts.

The $421 million financing package includes a $309 million construction-to-term loan, a $61 million tax credit bridge loan, and a $51 million letter of credit facility. The facilities will fund the remaining construction costs for the first phase of Cape Station, and will also support the project’s counterparty credit support requirements.

Coordinating lead arrangers include Barclays, BBVA, HSBC, MUFG, RBC and Société Générale, with additional participation from Bank of America, J.P. Morgan and Sumitomo Mitsui Trust Bank, Limited, New York Branch.

“As demand for firm, clean, affordable power accelerates, EGS (Enhanced Geothermal Systems) is set to become a core energy asset class for infrastructure lenders,” Sean Pollock, managing director, project Finance at RBC Capital Markets, said in a news release. “Fervo is pioneering this step change with Cape Station, a vital contribution to American energy security that RBC is proud to support.”

The oversubscribed financing marks Cape Station’s shift from early-stage and bridge funding to a long-term, non-recourse capital structure, according to the news release.

“Non-recourse financing has historically been considered out of reach for first-of-a-kind projects,” David Ulrey, CFO of Fervo Energy, said in a news release. “Cape Station disrupts that narrative. With proven oil and gas technology paired with AI-enabled drilling and exploration, robust commercial offtake, operational consistency, and an unrelenting focus on health and safety, we have shown that EGS is a highly bankable asset class.”

Fervo continues to be one of the top-funded startups in the Houston area. The company has raised about $1.5 billion prior to the latest $421 million. It also closed a $462 million Series E in December.

According to Axios Pro, Fervo filed for an IPO that would value the company between $2 billion and $3 billion in January.

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This article first appeared on EnergyCapitalHTX.com.

Houston food giant Sysco to acquire competitor in $29 billion deal

Mergers & Acquisitions

Sysco, the nation's largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion.

The acquisition would create a closer link between Sysco and its customers that right now turn to Restaurant Depot for supplies needed quickly in an industry segment known as “cash-and-carry wholesale.”

Sysco, based in Houston, serves more than 700,000 restaurants, hospitals, schools, and hotels, supplying them with everything from butter and eggs to napkins. Those goods are typically acquired ahead of time based on how much traffic that restaurants typically see.

Restaurant Depot offers memberships to mom-and-pop restaurants and other businesses, giving them access to warehouses stocked with supplies for when they run short of what they've purchased from suppliers like Sysco.

It is a fast growing and high-margin segment that will likely mean thousands of restaurants will rely increasingly on Sysco for day-to-day needs.

Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares. Based on Sysco’s closing share price of $81.80 as of March 27, 2026, the deal has an enterprise value of about $29.1 billion.

Restaurant Depot was founded in Brooklyn in 1976. The family-run business then known as Jetro Restaurant Depot, has become the nation's largest cash-and-carry wholesaler.

The boards of both companies have approved the acquisition, but it would still need regulatory approval.

Shares of Sysco Corp. tumbled 13% Monday to $71.26, an initial decline some industry analysts expected given the cost of the deal.

Houston researcher builds radar to make self-driving cars safer

eyes on the road

A Rice University researcher is giving autonomous vehicles an “extra set of eyes.”

Current autonomous vehicles (AVs) can have an incomplete view of their surroundings, and challenges like pedestrian movement, low-light conditions and adverse weather only compound these visibility limitations.

Kun Woo Cho, a postdoctoral researcher in the lab of Rice professor of electrical and computer engineering Ashutosh Sabharwal, has developed EyeDAR to help address such issues and enhance the vehicles’ sensing accuracy. Her research was supported in part by the National Science Foundation.

The EyeDAR is an orange-sized, low-power, millimeter-wave radar that could be placed at streetlights and intersections. Its design was inspired by that of the human eye. Researchers envision that the low-cost sensors could help ensure that AVs always pick up on emergent obstacles, even when the vehicles are not within proper range for their onboard sensors and when visibility is limited.

“Current automotive sensor systems like cameras and lidar struggle with poor visibility such as you would encounter due to rain or fog or in low-lighting conditions,” Cho said in a news release. “Radar, on the other hand, operates reliably in all weather and lighting conditions and can even see through obstacles.”

Signals from a typical radar system scatter when they encounter an obstacle. Some of the signal is reflected back to the source, but most of it is often lost. In the case of AVs, this means that "pedestrians emerging from behind large vehicles, cars creeping forward at intersections or cyclists approaching at odd angles can easily go unnoticed," according to Rice.

EyeDAR, however, works to capture lost radar reflections, determine their direction and report them back to the AV in a sequence of 0s and 1s.

“Like blinking Morse code,” Cho added. “EyeDAR is a talking sensor⎯it is a first instance of integrating radar sensing and communication functionality in a single design.”

After testing, EyeDAR was able to resolve target directions 200 times faster than conventional radar designs.

While EyeDAR currently targets risks associated with AVs, particularly in high-traffic urban areas, researchers also believe the technology behind it could complement artificial intelligence efforts and be integrated into robots, drones and wearable platforms.

“EyeDAR is an example of what I like to call ‘analog computing,’” Cho added in the release. “Over the past two decades, people have been focusing on the digital and software side of computation, and the analog, hardware side has been lagging behind. I want to explore this overlooked analog design space.”

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