Home Platform Markets Insights Pricing Contact

TX gas powered datacenters

PLUS: KKR CleanPeak, MPLX buys Northwind, Eaton acquires Resilient Systems, OpenAI Norway, Expand and CRK earnings, Pelican Pipeline expansion, CleanCapital acquisition

July 31, 2025

fundraising

Energy Department Announces $134 Million in Funding to Strengthen Rare Earth Element Supply Chains, Advancing American Energy Independence

nuclear

Energy Department Selects TVA and Holtec to Advance Deployment of U.S. Small Modular Reactors

Mining

Gécamines and Mercuria Launch Copper-Cobalt Joint Venture in DRC with Backing from U.S. International Development Finance Corporation (DFC)

CAPTION

SUNYA INSIGHTS

The latest

SUNYA SCOOP

SUNYA STORIES

SUNYA ENERGY

TX gas powered datacenters

Full Article

July 31, 2025

TX gas powered datacenters

DETAILS

PLUS: KKR CleanPeak, MPLX buys Northwind, Eaton acquires Resilient Systems, OpenAI Norway, Expand and CRK earnings, Pelican Pipeline expansion, CleanCapital acquisition

COMPANIES

TAGS

Baker buys Chart

Full Article

July 29, 2025

Baker buys Chart

DETAILS

PLUS: EnCap's Quantica, Stonepeak's Euro renewables, Ares solar, Macquarie's buy, Google-Energy Dome, Hess joins CVX board

COMPANIES

TAGS

Stargate II

Full Article

July 24, 2025

Stargate II

DETAILS

PLUS: Crusoe-Tallgrass data center, Armada raises $131mm, High River raises $205mm, EQT reports, Producers Delaware plan, Oklo-Liberty, ArcLight's power acquisition, FERC approval for Constellation-Calpine

COMPANIES

TAGS

Chevron wins, finally.

Full Article

July 22, 2025

Chevron wins, finally.

DETAILS

PLUS: Chestnut-JPM $210mm loan, Enbridge 600 MW solar for META, Sol raise, Quaise milestone, Hawaii renewables, BKV CCS, MSFT-Vaulted Deep

COMPANIES

TAGS

Critical minerals

Full Article

July 17, 2025

Critical minerals

DETAILS

PLUS: Tallgrass open season, Cresta re-ups Lapis, Pearl backs Blackjack, 1PointFive Palo Alto networks, Mercuria and S2G partnership, 38 Degrees raises $230mm

COMPANIES

TAGS

AI in PA

Full Article

July 15, 2025

AI in PA

DETAILS

PLUS: BX to invest $25bn in PA, Pontem raises $250mm fund, Brookfield - Google Hydro deal, Constellation nuclear investment, EQT nat gas data center deals, XCF low carbon plan, CF Industries carbon capture

COMPANIES

TAGS

Sumitomo and Masdar bet on the UK

Full Article

July 10, 2025

Sumitomo and Masdar bet on the UK

DETAILS

PLUS: Mach buys $1.3 bn in deals, ArcLight buys power plant, EnergyX smackover buy, Microsoft WtE, Viper notes, Sunnova-Omnidian

COMPANIES

TAGS

FTC loosens up

Full Article

July 8, 2025

FTC loosens up

DETAILS

PLUS: Phlair Norway DAC, Recurrent BESS, Maple Creek AI, Boralex $250mm, $240mm hydro in Alaska, Sinopec offshore PV

COMPANIES

TAGS

Total rotates renewables

Full Article

July 3, 2025

Total rotates renewables

DETAILS

PLUS: Climeworks raises $162mm, JPM blockchain carbon credits, Venture Global's $4Bn notes offering, Delfin nears FID, Vitol - Breakwall mining fund

COMPANIES

TAGS

Google bets on fusion

Full Article

July 1, 2025

Google bets on fusion

DETAILS

PLUS: MSFT carbon removal, Emerald AI launches, Producers Midstream open season, Arevon $600mm, Azimut-Eni fund, Base Power batteries

COMPANIES

TAGS

Meta signs 791 MW w/ BX-backed Invenergy

Full Article

June 26, 2025

Meta signs 791 MW w/ BX-backed Invenergy

DETAILS

PLUS: MSFT & JPM carbon removal, Southern Co RNG, Enfinity $245mm, Frontier BECCS, ET Chevron expansion, Shell says no

COMPANIES

TAGS

$1 bil for energy transition and infra

Full Article

June 24, 2025

$1 bil for energy transition and infra

DETAILS

PLUS: DGO-Carlyle $2bn PDP JV, Cheniere FID, WhiteHawk-PHX acq, 1GT Insight M raise, Gold H2 breakthrough, EPIC crude

COMPANIES

TAGS

TerraPower raises $650 mil

Full Article

June 19, 2025

TerraPower raises $650 mil

DETAILS

PLUS: Neste SAF deal with Amazon, CTP raises $50mm, Post Oak raises $764mm, Carbon Upcycling raises $18mm, Deep Sky - Rubicon Carbon, FERC gives Commonwealth LNG green light, Plains sells Canadian LNG to Keyera

COMPANIES

TAGS

Deals down under

Full Article

June 17, 2025

Deals down under

DETAILS

PLUS: XRG bids on Santos, XGS and Meta partner, Tamboran's new well, KKR buys Zenith, RWE renewables, Commonwealth LNG - PETRONAS, Chevron enters lithium market

COMPANIES

TAGS

Fervo raises $206 mil

Full Article

June 12, 2025

Fervo raises $206 mil

DETAILS

PLUS: Talen and Amazon nuclear deal, Crusoe's $750mm from Brookfield, Enfinity Italy PPA with big tech, Pattern closes equity raise, JERA signs new LNG deals

COMPANIES

TAGS

Amazon commits $20B to PA

Full Article

June 10, 2025

Amazon commits $20B to PA

DETAILS

PLUS: Fervo's new EGS test, NRC accepts Oklo's proposal, HASI/KKR raise, SWEN's new fund, Sunnova files for BK, Soltage's raise, Origis new financing

COMPANIES

TAGS

ONEOK takes down NGP's stake

Full Article

June 5, 2025

ONEOK takes down NGP's stake

DETAILS

PLUS: TAE raises $150mm, TPG buys Aurora, rPlus raises $500mm, PureWest-Gunvor, CarbonQuest, SAF alliance, Vermilion's US asset sale

COMPANIES

TAGS

Meta's GW nuclear deal

Full Article

June 3, 2025

Meta's GW nuclear deal

DETAILS

PLUS: DOE cancels 24 projects, EOG buys Encino, Viper buys Sitio, APG SAF, Energize raises $430mm, LNG continues, Kayne backs Terra again

COMPANIES

TAGS

LNG galore

Full Article

May 29, 2025

LNG galore

DETAILS

PLUS: Radiant raises $165mm Series C, Frontier buys 270MW in gas turbines, Matador starts plant, Civitas raises debt, Cheniere - CNRL, NextDecade-JERA, Energy Transfer LNG offtake, OMV green hydrogen

COMPANIES

TAGS

Eni goes exclusive with GIP

Full Article

May 27, 2025

Eni goes exclusive with GIP

DETAILS

PLUS: Total solar in Spain, Microsoft carbon removal, Oklo looks at Korea, Ormat gets financing from MS, JM sells Catalyst Technologies to Honeywell

COMPANIES

TAGS

Abilene enters phase 2

Full Article

May 22, 2025

Abilene enters phase 2

DETAILS

PLUS: MSFT Exomad carbon removal, Sable prices, TVA Nuclear, Elliott wins two seats in P66 battle, AES-META solar, nat gas to hydrogen

COMPANIES

TAGS

Power buying spree continues

Full Article

May 20, 2025

Power buying spree continues

DETAILS

PLUS: JPM-CO280 offtake deal, Stonepeak-Arab Fund $1bn in digital infra, TXO buys Quantum asset, BSM-Haynesville, Carlyle renewables, Strathcona takeover, Oxy-ADNOC DAC, North Hudson's fundraise

COMPANIES

TAGS

Water -> Land -> Power

Full Article

May 15, 2025

Water -> Land -> Power

DETAILS

PLUS: Apollo buys PowerGrid, Google signs 600 MW solar, Microsoft-Rubicon carbon, Woodside-Aramco LNG, I Squared buys stake in Matterhorn, Tallgrass scores anchor

COMPANIES

TAGS

12 billion dollar power play

Full Article

May 13, 2025

12 billion dollar power play

DETAILS

Kayne raises $2.3bn, Actis raises $1.7bn, ArcLight pipeline purchase, WhiteHawk PHX acquisition, Endolith raise, Glencore Commonwealth LNG deal,

COMPANIES

TAGS

Asian buyers of LNG and ammonia

Full Article

May 8, 2025

Asian buyers of LNG and ammonia

DETAILS

PLUS: Ara raises $800mm, Google nuclear plans, Exxon-Marubeni, Commonwealth LNG, Matterhorn purchase, Greenlake re-ups with NGP, IOG non-op fund, PR buys assets from APA, AlphaGen - PJM

COMPANIES

TAGS

$9 billion fuel merger

Full Article

May 6, 2025

$9 billion fuel merger

DETAILS

PLUS: Diamondback rig reduction, Williams leadership transition, Chestnut-Microsoft, Power Sustainable fund, EXTERRA raise, Orsted sale, ReNew solar raise, Thunderhead power, Coterra lowers activity

COMPANIES

TAGS

Haynesville CCS

Full Article

May 1, 2025

Haynesville CCS

DETAILS

PLUS: South Wind raises $400mm from Kayne, Pioneer raises $1.2 bn for sustainable infra, Sunracyer-Meta solar in TX, MSFT-Clearway wind PPA, Remora's $117mm raise

COMPANIES

TAGS

Woodside's $17.5B Louisiana LNG bet

Full Article

April 29, 2025

Woodside's $17.5B Louisiana LNG bet

DETAILS

PLUS: Stonepeak buys into Repsol's solar, Amplify-Juniper falls apart, Eni FID for CCS, ALTÉRRA invests $100M in Evren, Schneider facilitates $1.7B in tax credit transfer, Doral tax equity raise

COMPANIES

TAGS

EQT climbs Mount Olympus

Full Article

April 24, 2025

EQT climbs Mount Olympus

DETAILS

PLUS: Calpine - Exxon CCS, Apollo community solar, Stonepeak launches $1.5bn data center play, XCL goes for another round, XPRIZE doles out $100mm

COMPANIES

TAGS

Stone Ridge buys Wincoram

Full Article

April 22, 2025

Stone Ridge buys Wincoram

DETAILS

PLUS: Exowatt raises $70mm, MSFT-Living Carbon, Caban raises $50mm, Google APAC wind deal, China-ADNOC LNG, Crescent sells some Permian, DVN's FCF plan

COMPANIES

TAGS

Oxy doubles down on DAC

Full Article

April 17, 2025

Oxy doubles down on DAC

DETAILS

PLUS: MSFT's largest BECCS deal, Crux raises $50mm, NPWR management changes, Technip SAF, USEDC buys $390mm permian asset, Kosmos LNG

COMPANIES

TAGS

Microsoft’s Mega Carbon Bet

Full Article

April 15, 2025

Microsoft’s Mega Carbon Bet

DETAILS

PLUS: Google geothermal in Taiwan, ArcLight's power play, LNG starting up, Mainspring raises $280mm, Mora gets backed, Vaquero's $400mm midstream raise, Apollo's Summit Ridge double down

COMPANIES

TAGS

$4 billion for Louisiana low-carbon ammonia

Full Article

April 10, 2025

$4 billion for Louisiana low-carbon ammonia

DETAILS

JPM Campbell Group's $1.5bn raise, Mubadala-Kimmeridge, Energy Transfer LNG, Base Power raises $200mm, Sandbrook and PSP sell, EGCO-Apex sale

COMPANIES

TAGS

Brookfield buys Colonial

Full Article

April 8, 2025

Brookfield buys Colonial

DETAILS

PLUS: Oxy gets permit, Andros raises $1bn, Stonepeak buys into Woodside LNG, AIP invests in Silicon Ranch, Barrell Smackover Series A, Eagle Point - Energy Vault, NextDecade-Aramco LNG

COMPANIES

TAGS

Let's run it back

Full Article

April 3, 2025

Let's run it back

DETAILS

PLUS: Double Eagle raises $2.5bn, NGP backs Wing, Dandelion-Lennar geothermal, Terradot-MSFT ERW, Frontier Waste-to-Energy, Traverse FID, MUFG and Nomura finance $388mm, Total buys more renewables, Ares forms Sagepoint

COMPANIES

TAGS

EQT raises $23 billion

Full Article

April 1, 2025

EQT raises $23 billion

DETAILS

PLUS: new Sunya Stories w/ Chris Rozzell, XGS raises $13mm, WhiteHawk $118mm royalty buy, EDP Indiana solar, TG buys CVX Haynesville, new open seasons, Stonepeak power play, SCF invests in Phoenix

COMPANIES

TAGS

Billion dollar LNG deal

Full Article

March 27, 2025

Billion dollar LNG deal

DETAILS

Northern Lights CCS moves forward, Pennybacker buys Baseline, Sage goes into hydrogen, GridPoint raises $45mm, PG&E solar + storage microgrid, Equinor wind purchase in Sweden

COMPANIES

TAGS

Elk Range roams into the DJ

Full Article

March 25, 2025

Elk Range roams into the DJ

DETAILS

PLUS: ENGIE-Ares solar + storage, CIP Australia hydrogen, ArcLight buys NGPL share, Frontier - Eion ERW, Mitsubishi-Alt Carbon, Shell plan, green hydrogen in TX

COMPANIES

TAGS

$25 billion says data centers need more juice

Full Article

March 20, 2025

$25 billion says data centers need more juice

DETAILS

PLUS: Aramco Saudi DAC plant, Eni sells $1.6bn in assets to Vitol, MS $4.1bn infra fund, Ørsted Invests $55M, Amazon carbon credit marketplace, Peregrine Energy secures $168M, Nissan & SK On Sign 100 GWh deal, Sixth Street - Caliche

COMPANIES

TAGS

$2.2 billion for California nat gas power

Full Article

March 18, 2025

$2.2 billion for California nat gas power

DETAILS

PLUS: Engine 1 and Crusoe partner, META-RWE 200MW solar, Jupiter Power energy storage, Quinbrook UK solar + storage, Woodside-China LNG, Cheniere progress, DAC in Texas, DLE fundraise

COMPANIES

TAGS

CoreWeave and OpenAI cement $12B compute collaboration

Full Article

March 13, 2025

CoreWeave and OpenAI cement $12B compute collaboration

DETAILS

PLUS: CLR enters Turkey, NRG acquires nat gas power, Northvolt goes BK, Terabase $130mm raise, JetBlue SAF, Archrock acquisition, 8 Rivers-Wood CCS, National Grid Partners $100mm bet, Total-RWE hydrogen

COMPANIES

TAGS

Are you at CERA?

Full Article

March 11, 2025

Are you at CERA?

DETAILS

PLUS: Canadian oil merger, MSFT carbon removal, Summit Midstream acquisition, Pearl Haynesville, Eaton's $1.4bn acquisition, Renaissance Fusion Raises €32M, Orion Lithium $250mm investment, Capture6 investment, Spiritus $30mm raise

COMPANIES

TAGS

LNG expansion

Full Article

March 6, 2025

LNG expansion

DETAILS

PLUS: Baker Hughes - Net Power - Woodside, 1PointFive Liverpool, Google Cloud-SLB-Project Innerspace, Venture Global LNG expansion, Mote Raises $7M, VIE Technologies Raises $15M, Sunraycer Renewables Secures $200M

COMPANIES

TAGS

All-the-above energy for data centers

Full Article

March 4, 2025

All-the-above energy for data centers

DETAILS

PLUS: MPLX-BANGL buy, Frontier-Baker Hughes CCS, Watershed carbon removal RFP, Equinor CCS, OPAL RNG, Wind, Nat Gas and Nuclear in Texas for data centers, US solar manufacturing

COMPANIES

TAGS

Blackstone closes $5.6 bil

Full Article

February 27, 2025

Blackstone closes $5.6 bil

DETAILS

KKR-Enilive, CarbonQuest $20mm raise, bp ditches renewables, Chestnut Carbon, SMT Energy $135mm raise, Civitas $300mm bolt-on, Ring Energy $100mm, Frontier offtake with Phlair, VerAI raises $24mm

COMPANIES

TAGS

Brookfield buys $1.8 billion of renewables

Full Article

February 25, 2025

Brookfield buys $1.8 billion of renewables

DETAILS

United Airlines-Heirloom, New APR Energy gas turbines for data center, Oklo-DOE-Oak Ridge, Diamondback leadership transition, LongPath gets EPA approval, Fidelis & B&W Partner, Mitico Raises $4.3M

COMPANIES

TAGS

Low-carbon cement

Full Article

February 20, 2025

Low-carbon cement

DETAILS

Wood CCUS, POET-Tallgrass deal, EPA approves WV primacy, Mizuho-GenZero for coal carbon credits, Macquarie buys DynaGrid, Terra CO2 raises $82mm, Ignis H2 raises Series A, Valar Atomics raises $19mm, Ashtrom-CPS Solar PPA

COMPANIES

TAGS

Diamondback pulls the trigger

Full Article

February 18, 2025

Diamondback pulls the trigger

DETAILS

PLUS: Twelve raises $83mm, Venture Global live in April, Montana Renewables SAF, KKR's $1bn buy, Ara Partners buys into NWP, MDU $300mm wind, Total-Air Liquide hydrogen, SK recycling, Hull Street nat gas plant buy

COMPANIES

TAGS

Kimmeridge's Chestnut Carbon raises $160mm

Full Article

February 13, 2025

Kimmeridge's Chestnut Carbon raises $160mm

DETAILS

PLUS: BKV CCUS, e2Companies - Nabors SPAC, Ormat tolling agreement, EDF-TAQA Partner, Howard Midship Pipeline, USEDC $165mm refinancing, Elliott P66 activist campaign, Bloom Energy-Chart Industries, Louth Callan Renewables

COMPANIES

TAGS

Nat gas for data centers

Full Article

February 11, 2025

Nat gas for data centers

DETAILS

PLUS: Vantage-Volta Grid, EDP Renewables-MSFT, Meta-Missouri Solar, Captura carbon removal in Hawaii, S2G invests $50mm in ANA, Ormat's Indonesian geothermal, Prarie buys $600mm in DJ, Cordelio Power battery storage, CIP Australia

COMPANIES

TAGS

TPG's $2 billion power play

Full Article

February 6, 2025

TPG's $2 billion power play

DETAILS

Summit and Infinium eFuels, X-energy raises $700mm, Google's $100mm in carbon removal, Pearl closes $1bn, ABB & Sage geothermal, Tyba raises Series A, NY battery storage

COMPANIES

TAGS

Helion raises $425 mil for fusion

Full Article

February 4, 2025

Helion raises $425 mil for fusion

DETAILS

Chris Wright to DOE, INR goes public, 600 MW of solar, LNG pipeline development, USEDC to deploy $1bn in the permian, Viper dropdown, GridStor acquisition, Blastr green steel, some deal closures

COMPANIES

TAGS

Microsoft and Chestnut Carbon

Full Article

January 30, 2025

Microsoft and Chestnut Carbon

DETAILS

Verde gets $50mm from Diamondback, Manulife $480mm fund, Earth AI $20mm raise, VEIR $75mm raise, CNQ-Shell asset swap, Elk Range's buy, National Grid solar, Hull Street-J Power, new Sunya Stories

COMPANIES

TAGS

Chevron joins data center race

Full Article

January 28, 2025

Chevron joins data center race

DETAILS

PLUS: WV CCUS primacy, Blackstone acquires VA data / energy center, Energy Spectrum-UGI midstream buy, Greenbacker $1bn for solar, Venture Global IPO, Diversified drops $1.275bn on Maverick, Atlas buys Moser for $220mm, GridStor AZ battery storage, Meta Texas solar

COMPANIES

TAGS

Stargate’s half-a-trillion dollar vision

Full Article

January 23, 2025

Stargate’s half-a-trillion dollar vision

DETAILS

PLUS: SLB Capturi CCUS, Torch-Morgan Stanley, FlexGen-JP Morgan, Lithium in OK, Ormat geothermal PPA, Bedrock raises $12mm, oil and gas earnings, Tamboran-Santos LNG, Kinder and ONEOk earnings

COMPANIES

TAGS

DOE doles out some dough

Full Article

January 21, 2025

DOE doles out some dough

DETAILS

PLUS: KKR buys Dawsongroup, Kimbell's Midland buy, Oklo-RPower, Waterbridge-BPX, Capstone 537MW wind, Convergent solar, DOE-CCUS, Palmetto's $1.2bn, Michigan Potash, EnerSys lithium, Vecino-DRW

COMPANIES

TAGS

Brookfield and Antin's $1B renewable bet

Full Article

January 16, 2025

Brookfield and Antin's $1B renewable bet

DETAILS

Svante-Tenaska CCS, Infinium raises SeriesC, VoltaGrid data center, Ridgewood raises $1.2bn, Google-Charm carbon removal, Amogy raises $56mm, TXO Mancos, Highwood launch, GridStor-Black Mountain, HASI solar, Standard Lithium-Equinor DOE loan

COMPANIES

TAGS

$20 billion in power deals

Full Article

January 14, 2025

$20 billion in power deals

DETAILS

PLUS: Meta-Engie solar, MS 1GT investment, NZAM suspends, Montana Renewables $1.5bn DOE loan, Kinder buys Outrigger II, KKR,PSP-AEP, Constellation-Calpine, Langford Midland, Westinghouse

COMPANIES

TAGS

EQT buys Scale Microgrids from Warburg

Full Article

January 9, 2025

EQT buys Scale Microgrids from Warburg

DETAILS

PLUS: Origis $415mm for solar, HEP acquires EPIC pipeline, Escape solar, KTG $500mm notes, Gridware Series A, Apollo-GFL $8 billion, Canadian Solar-CIP energy storage, Arcadium Lithium-Rio Tinto

COMPANIES

TAGS

$80 billion in capex

Full Article

January 7, 2025

$80 billion in capex

DETAILS

PLUS: CRC CCS greenlight, P66-EPIC $2.2 Billion, EDF-Enbridge solar, NextDecade's $175mm loan, OPAL and Nicor RNG, Diversified deals, GFANZ to restructure, Yotta, Deep Fission nuclear

COMPANIES

TAGS

Government goes nuclear

Full Article

January 2, 2025

Government goes nuclear

DETAILS

PLUS: CRC gets Class VI permits, Equinor scores $3bn for wind, Constellation $1bn nuclear contracts, Xcel nuclear extension, Kosmos first gas, Pembina closes, EQT closes non-op, Accenture-IQT group

COMPANIES

TAGS

The slow week

Full Article

December 31, 2024

The slow week

DETAILS

PLUS: Cheniere's first LNG, Aypa Power's $190mm for battery storage, EQT closes $3.5bn BX JV, Woodside LNG, Spain solar farm sale, Texas solar ahead of schedule, Alabama CCUS

COMPANIES

TAGS

$1.8 billion for DAC

Full Article

December 26, 2024

$1.8 billion for DAC

DETAILS

PLUS: QCells scores $1.45bn DOE loan, Freyr Battery's Trina Solar acquisition, Isometric-Pachama, NovoHydrogen PNW hub, BAIYU lithium, BRY recap, Sinopec petrochemicals, Sunairio's $6.4mm raise

COMPANIES

TAGS

LNG for Christmas

Full Article

December 24, 2024

LNG for Christmas

DETAILS

PLUS: Fervo's $255mm raise, EU's $3bn renewable fuels plan, ET-Chevron, Venture Global IPO, Ormat's Utah geothermal, Orsted sells solar+storage, ADNOC LNG, Fortera-Sumitomo cement, Vermilion-Westbrick

COMPANIES

TAGS

Oklo's 12GW nuclear plan

Full Article

December 19, 2024

Oklo's 12GW nuclear plan

DETAILS

PLUS: Google-CIP renewables in Netherlands, Woodside-Chevron asset swap, Verde raises $50mm from FANG, rPlus $300mm, Origis MUFG $1bn, P66 sale, SWEPCO power plants, Brigham buy, Deep Sky - Breakthrough, MN8 solar, CFS plant, X-energy

COMPANIES

TAGS

DOE doles out dough

Full Article

December 17, 2024

DOE doles out dough

DETAILS

PLUS: Crusoe raises $600mm, bp-XRG Egypt gas, Rio Tinto's $2.5bn lithium play, $80mm carbon removal offtake, $100mm for Last Energy, Vitesse-Lucero, DOE's $25 bn in loans, Summit gets ND permit, CleanCapital's solar acquisition

COMPANIES

TAGS

Microsoft's $5B Clean Energy Coalition

Full Article

December 12, 2024

Microsoft's $5B Clean Energy Coalition

DETAILS

PLUS: Total/Equinor CCS, ERW carbon removal Google, INEOS CCS, Aypa Power raise, Exxon's 25 plans, Nabors electrification, WeaveGrid raise, P66 solar fuel complex, Frontier CCS

COMPANIES

TAGS

$10 Billion Data Center

Full Article

December 10, 2024

$10 Billion Data Center

DETAILS

PLUS: Intersect Power-Google data center, Equinor and Shell form UK JV, Dow-Macquarie $2.4bn JV, AMP raises $91mm, bp & JERA wind, Energy Transfer FID, Net Power - CarbonTerravault, JPM timberland, Quaise Nevada, Kinetic-Permian Resources

COMPANIES

TAGS

Carnelian cashes out $1.4 billion

Full Article

December 5, 2024

Carnelian cashes out $1.4 billion

DETAILS

PLUS: Apollo-Total, Invenergy-Meta 760 MW solar deal, Total buys $1.7bn in renewables, BNP Paribas €750M fund, Aramco-Linde-SLB CCS, Woodside-Bechtel, Matador midstream, Heirloom's $150mm raise,

COMPANIES

TAGS

ADNOC’s $80B Bet

Full Article

December 3, 2024

ADNOC’s $80B Bet

DETAILS

PLUS: EQT & GIC buy Calisen, Svante raises, Stegra-Uniper 6 TW PPA, Catalina launches, Mirova-BNPP back Arkolia, Brevik CCS, XRG, Carbmee Raises €20M

COMPANIES

TAGS

$53 billion down, $47 billion to go

Full Article

November 28, 2024

$53 billion down, $47 billion to go

DETAILS

PLUS: bp greenlights $7bn CCS, ArcelorMittal delays green hydrogen plans, $5bn for trasmission, AWS low-carbon streel, CIP-AMPIN India renewables, battery storage in CA

COMPANIES

TAGS

EQT’s $3.5 Billion Blackstone Boost

Full Article

November 26, 2024

EQT’s $3.5 Billion Blackstone Boost

DETAILS

PLUS: ONEOK buys out EnLink, DNV-ADNOC CCS, IAG-Infinium SAF, Northvolt goes BK, Rivian's $6.6bn DOE loan, Total partners with Air Liquide on hydrogen, Orsted launches $500mm solar in Texas, Vast solar raises $30mm, Pivot raises $450mm for solar, TC Energy waste heat to energy, RWE and Peabody

COMPANIES

TAGS

$1.5 billion for energy infra

Full Article

November 21, 2024

$1.5 billion for energy infra

DETAILS

PLUS: DOE drops $2.2B on hydrogen, wind-powered DAC, LandBridge $250mm acquisition, ONEOK sells $1.2bn in pipelines, Dynamix SPAC, Exxon-LG lithium, SRP-Tesla energy storage, Blue Bear's $200mm raise, Austin Energy geothermal

COMPANIES

TAGS

Summit scores

Full Article

November 19, 2024

Summit scores

DETAILS

PLUS: Corteva-bp, BlackRock SAF, Bloom Energy-AEP data centers, EDF-Abraxas Power green hydrogen, Oklo's acquisition, Commonwealth Fusion, Aramaco chemicals, Africa power, DTE grid investment

COMPANIES

TAGS

$8.4 billion in oil deals

Full Article

November 14, 2024

$8.4 billion in oil deals

DETAILS

PLUS: Oklo's 750MW in data center demand, Deep Sky-RBC-MSFT, Helix Earth's raise for AC efficiency, General Galactic's CO2 to fuel, Rio Tinto solar

COMPANIES

TAGS

Li-Cycle's loan

Full Article

November 12, 2024

Li-Cycle's loan

DETAILS

PLUS: Trafigura's $100mm in carbon credits, CARB updates LCFS, Li-Cycles $475mm DOE loan, Primergy raises $225mm, Sora Fuel SAF, NuVista LNG, Eni's deal with Energy Infrastructure Partners, Devvstream goes public

COMPANIES

TAGS

Buzz kill

Full Article

November 7, 2024

Buzz kill

DETAILS

PLUS: Meta's nuclear plans paused by bees, Oklahoma Carbon Hub, H&M buys solar in Texas, Microsoft wood in data centers, Sumitomo CCS, Carbon TerraVault update, $818 million for electric aircrafts, FREYR's solar manufacturing buy

COMPANIES

TAGS

Carbon-to-rock

Full Article

November 5, 2024

Carbon-to-rock

DETAILS

PLUS: Crusoe raising $500mm, bp pauses 18 hydrogen projects, Mizuho invests in Pollination, LuxWall raises $51mm, Talen responds to FERC, Avangrid scores 2 offshore wind leases, Volvo to buyout battery JV, Aviva carbon removal fund, Carbon Clean's latest tech

COMPANIES

TAGS

KKR and ECP strike $50 billion partnership

Full Article

October 31, 2024

KKR and ECP strike $50 billion partnership

DETAILS

PLUS: Ørsted sells stake in four UK wind farms to Brookfield, Equinor buys $1.25bn of non-op from EQT, Hassana-EIG partnership, Verdane's raise, Rio Tinto renewable diesel, Bain-AQ, Green Bridge $500mm, Birch closes $150mm, LanzaTech CCS

COMPANIES

TAGS

Quantum closes $10 billion

Full Article

October 29, 2024

Quantum closes $10 billion

DETAILS

PLUS: Oxy-Enterprise CCS, Standard Lithium-Equinor JV partners with Koch, Urbint raises $35mm, Mitsui, Repsol, Carbonvert JV signs gulf coast leases, DOE invests $474mm in grid resilience,

COMPANIES

TAGS

KKR's Italy bet

Full Article

October 24, 2024

KKR's Italy bet

DETAILS

PLUS: MS CO2 removal, ION-Koch, Blackstone renewables loan, EQT is Net Zero, LongPath's DOE loan, Cool Planet raises, MetOx DOE $80mm, Ebb Carbon-MSFT, Carbon Ridge, 45X

COMPANIES

TAGS

EnCap's epic $6 billion

Full Article

October 22, 2024

EnCap's epic $6 billion

DETAILS

PLUS: $900mm for nuclear, Montana Renewables 1.4 bn DOE loan, Williams invests in ION, Redaptive's $100mm from CPP, SW SAF deal, $100mm in tax equity

COMPANIES

TAGS

Amazon's Prime Power is nuclear

Full Article

October 17, 2024

Amazon's Prime Power is nuclear

DETAILS

PLUS: Crusoe-Blue Owl $3.4bn data center, Gevo scores $1.46bn DOE loan for SAF, Vision RNG gets $207mm from HASI, GM commits $625mm to Lithium Americas, Primergy's $350mm for solar, BrightNight $260mm tax equity from JPM and CapitalOne, S2G and Citi lead REsurety's raise

COMPANIES

TAGS

Google goes nuclear

Full Article

October 15, 2024

Google goes nuclear

DETAILS

PLUS: BHP-JSW-CarbonClean, CCS in Japan, MHI invests in Koloma, Meta pledges $35mm for carbon removal, BrightNight gets $440mm from GS, BNP Paribas raises infra debt fund, Diagram raises ClimateTech fund, Orsted-SRP solar

COMPANIES

TAGS

Rio Tinto's $6.7 billion lithium leap

Full Article

October 10, 2024

Rio Tinto's $6.7 billion lithium leap

DETAILS

PLUS: Exxon's CO2 lease, Total-RWE wind, Form raises $405mm, Zap raises $130mm, Rio Tinto's $6.7bn lithium play, Amazon Climate Pledge Fund, Walmart solar, data center power and more

COMPANIES

TAGS

Equinor snags 10% stake in Ørsted

Full Article

October 8, 2024

Equinor snags 10% stake in Ørsted

DETAILS

PLUS: DOE's $1.5bn grid play, Toyota invests $500mm in Joby, CDPQ-Nuveen $600mm, Chevron sells Canada for $6.5bn, Trafigura wind, newcleo raises and moves, 1PointFive scores DOE funding, Qcells WA solar

COMPANIES

TAGS

GIC's busy week

Full Article

October 3, 2024

GIC's busy week

DETAILS

PLUS: Google-energyRe solar, Summit buys Tall Oak, Sage-Navy geothermal, Avangrid transmission contract, JPM tax equity, CA's largest landfill RNG plant, Powin gets $200mm from KKR

COMPANIES

TAGS

Morgan Stanley's 1GT fund closes $750mm

Full Article

October 1, 2024

Morgan Stanley's 1GT fund closes $750mm

DETAILS

PLUS: DOE's $1.5bn nuclear loan, DCVC raises $700mm, Venture Global's $3bn raise, CHK-SWN closes, Masdar's renewable buy, KKR-BBVA, Sabanci-Advantage tax equity, APA Suriname FID

COMPANIES

TAGS

TPG scores 1.25 bil

Full Article

September 26, 2024

TPG scores 1.25 bil

DETAILS

PLUS: CAM raises $1bn, Sage gets Air Force and CRC deal, BKV goes public, Expand energy, Marubeni-Ozona CCS, Microsoft ERW carbon removal, Dandelion raises $40mm, AIR COMPANY raises $69mm, David Energy raises $23mm, Cyclic Materials raises $53mm, New Frontier Markets

COMPANIES

TAGS

Nuclear is back

Full Article

September 24, 2024

Nuclear is back

DETAILS

PLUS: Brookfield raises $2.4bn, Equinor scraps hydrogen project, Twelve raises $645mm, Ara launches $725mm strategy, Masdar's buy, Total SAF, Crescent CCS, Google's renewable Nebraska, DOE's $3bn for batteries

COMPANIES

TAGS

BlackRock 🤝 Microsoft

Full Article

September 19, 2024

BlackRock 🤝 Microsoft

DETAILS

PLUS: BP to sell onshore wind, 1.3mm carbon credits for Meta, Woodside-JERA LNG, ammonia in India, Arbor's 25 carbon credits, 8 Rivers-JX Nippon, Kimray and Kathairos

COMPANIES

TAGS

Apollo embraces "all of the above"

Full Article

September 17, 2024

Apollo embraces "all of the above"

DETAILS

PLUS: $500mm for Oxy, $1.6bn for Wabash Valley, Gevo buys Red Trail, Total invests in Japanese hydrogen fund, Apollo buys Freedom CNG and stake in BP pipeline, BKV to IPO, Doral closes $400mm

COMPANIES

TAGS

Mitsubishi joins the party

Full Article

September 12, 2024

Mitsubishi joins the party

DETAILS

PLUS: new Sunya Stories pod, MSFT-Toroto, Google-Holocene, SLB lithium, Fervo's geothermal results, Exowatt unveils, X-Elio Google solar

COMPANIES

TAGS

Infinium scores a bil

Full Article

September 10, 2024

Infinium scores a bil

DETAILS

PLUS: OCI's $2bn sale, Five Point raises $1.4bn, DOE invests $430mm in hydro, ECP buys PROENERGY, ECV to lead C-Zero's raise, ENGIE-CarbonX, 6K raises $82mm,

COMPANIES

TAGS

ADNOC comes to Texas

Full Article

September 5, 2024

ADNOC comes to Texas

DETAILS

PLUS: Oxy's Class VI permits, $40mm for Last Energy, $205mm CCS tax equity, Baseload gets $60mm, TPG buys MIRATECH, CCS in Italy, 2 VC funds in Europe,

COMPANIES

TAGS

Total goes green

Full Article

September 3, 2024

Total goes green

DETAILS

Summit snags permit, $444m solar JV, $62mm in hydrogen, solar in Italy, WFT buys Datagration, CLEAResult sells

COMPANIES

TAGS

$5.9 billion in the Permian

Full Article

August 29, 2024

$5.9 billion in the Permian

DETAILS

PLUS: Linde-Dow hydrogen deal, FlexGen-Vitol, battery storage in TX, CIP's waste-to-energy, Power Sustainable-EDF, Mexico Pacific-POSCO LNG, CenterPoint's $5bn plan

COMPANIES

TAGS

Geothermal goes Meta

Full Article

August 27, 2024

Geothermal goes Meta

DETAILS

PLUS: $2.7bn for LS Power, Black Mt's sale, Microsoft's Singapore solar, Sunly raises, CleanCapital-Arena, Deep Fission, green ammonia in India, DOE's $31mm for geothermal

COMPANIES

TAGS

Offshore CCS

Full Article

August 22, 2024

Offshore CCS

DETAILS

PLUS: Enterprise buys Pinon, Ørsted scraps project, Google announces deals in PJM, solar projects greenlit, CGF invests $100mm in Svante

COMPANIES

TAGS

Google invests a billion in Dallas

Full Article

August 20, 2024

Google invests a billion in Dallas

DETAILS

PLUS: DOE $127.5mm CCS, Fortera $85mm raise, Meta solar, Jupiter energy storage, Quantum buys Caerus, China nuclear, Infinium-Borealis, Marsh insurance

COMPANIES

TAGS

Add your other tab content here

No items found.

Energy Department Announces $134 Million in Funding to Strengthen Rare Earth Element Supply Chains, Advancing American Energy Independence

Full Article

December 5, 2025

Energy Department Announces $134 Million in Funding to Strengthen Rare Earth Element Supply Chains, Advancing American Energy Independence

DETAILS

- The U.S. Department of Energy announced up to 134 million dollars in funding to strengthen domestic rare earth element supply chains. - The funding aims to support projects demonstrating the viability of recovering and refining rare earth elements from unconventional sources like mine tailings and e-waste. - These efforts seek to reduce reliance on foreign sources, enhance national security, and promote American energy independence. - The initiative builds on the Rare Earth Demonstration Facility program to develop full-scale integrated rare earth extraction and separation facilities in the U.S. - Key rare earth elements targeted include Praseodymium, Neodymium, Terbium, and Dysprosium, vital for manufacturing, defense, and high-performance magnets. - A webinar detailing the funding opportunity will be held on December 9, 2025, with registration available online. - Non-mandatory letters of intent are due by December 10, 2025, with full applications due by January 5, 2026. - The funding supports efforts to rebuild America’s mining, processing, and manufacturing capabilities for critical minerals.

COMPANIES

Energy Department

TAGS

fundraising

Energy Department Selects TVA and Holtec to Advance Deployment of U.S. Small Modular Reactors

Full Article

December 5, 2025

Energy Department Selects TVA and Holtec to Advance Deployment of U.S. Small Modular Reactors

DETAILS

- The U.S. Department of Energy selected TVA and Holtec to support early deployment of advanced light-water small modular reactors with up to 800 million dollars in funding. - The projects aim to deliver new nuclear capacity in the early 2030s, strengthen domestic supply chains, and promote nuclear energy expansion under Trump’s energy agenda. - TVA plans to deploy a GE Vernova Hitachi BWRX-300 at Clinch River site in Tennessee and accelerate additional units with partners including Indiana Michigan Power and Elementl. - Holtec intends to build two SMR-300 reactors at the Palisades site in Michigan, demonstrating scalability for broader domestic and international markets. - Both teams will leverage existing supply chains and are supported by partnerships with industries, research entities, and construction firms. - DOE's effort aligns with President Trump’s goal to increase affordable, reliable energy to boost manufacturing, AI, and grid stability. - A $900 million solicitation was issued in March 2025 to reduce deployment barriers, with an additional 100 million dollars later allocated for further support. - These initiatives aim to position small modular reactors as a fast, scalable solution for the nation’s energy future.

COMPANIES

Tennessee Valley Authority, Holtec Government Services, GE Vernova, Hitachi, Indiana Michigan Power, Elementl, Scot Forge, North American Forgemasters, BWX Technologies, Aecon, Duke Energy, Oak Ridge Associated Universities, Electric Power Research Institute, Hyundai Engineering & Construction

TAGS

nuclear

Gécamines and Mercuria Launch Copper-Cobalt Joint Venture in DRC with Backing from U.S. International Development Finance Corporation (DFC)

Full Article

December 5, 2025

Gécamines and Mercuria Launch Copper-Cobalt Joint Venture in DRC with Backing from U.S. International Development Finance Corporation (DFC)

DETAILS

- Gécamines and Mercuria have launched a joint venture with support from the U.S. International Development Finance Corporation to enhance the transparency and market access of copper and cobalt from the DRC. - The partnership allows Gécamines to secure competitive international pricing and better control over its resources, boosting its role in global markets. - Mercuria will provide operational support, logistics, market expertise, and capacity-building for Gécamines' staff to improve trade and risk management capabilities. - The U.S. DFC has issued a Letter of Intent for an equity investment, emphasizing the project's alignment with global development, responsible sourcing, and market integrity. - U.S. end-users will have a right of first refusal on critical minerals, ensuring secure access for industries like energy, semiconductors, and defense. - While initially focused on copper and cobalt, the venture will also support the marketing of other strategic minerals such as germanium and gallium used in advanced manufacturing. - Mercuria will also provide financing facilities including pre-financing and off-take funding to enhance Gécamines' operational flexibility and commercialization efforts. - The partnership aims to empower Gécamines to build local trading capabilities, align with its industrial vision, and increase Rwanda's participation in global value chains.

COMPANIES

Gécamines, Mercuria, U.S. International Development Finance Corporation, DFC

TAGS

Mining

Nuclear Company Deep Fission Announces Site for Department of Energy Pilot at Great Plains Industrial Park in Kansas

Full Article

December 4, 2025

Nuclear Company Deep Fission Announces Site for Department of Energy Pilot at Great Plains Industrial Park in Kansas

DETAILS

- Deep Fission has selected Great Plains Industrial Park in Parsons Kansas for its advanced reactor pilot project, aiming to showcase its Gravity Nuclear Reactor technology. - The company plans to complete construction and achieve reactor criticality by July 2026 pending DOE approval, with intentions to develop a full-scale commercial project at the same site. - The project is part of the US Department of Energy’s Reactor Pilot Program to accelerate deployment of innovative nuclear technologies through streamlined regulation. - Deep Fission’s underground design places reactors one mile beneath the surface, leveraging natural geology for passive shielding to boost safety while reducing costs and environmental impact. - The company announced a recent go-public transaction and has letters of intent for roughly 12.5 gigawatts of future nuclear demand. - Local and national officials highlight Kansas’s energy leadership and the project’s role in advancing US energy independence, economic growth, and workforce development. - The Great Plains Industrial Park, formerly a military site, offers extensive infrastructure, rail access, and flexibility to support long-term nuclear and industrial growth. - Deep Fission, founded in 2023 by Elizabeth and Richard Muller, aims to revolutionize low-carbon power with a safer, faster, and more cost-effective nuclear solution, emphasizing scalability and community engagement.

COMPANIES

Deep Fission, Department of Energy, Great Plains Development Authority, Labette Community College

TAGS

nuclear

Oxzo Announces US$25M Strategic Investment from S2G to Fuel International Expansion

Full Article

December 4, 2025

Oxzo Announces US$25M Strategic Investment from S2G to Fuel International Expansion

DETAILS

- Oxzo, a leader in oxygenation for aquaculture, secures a US$25 million investment from S2G Investments to support global growth. - The company develops patented automated systems enhancing productivity, animal welfare, and sustainability in aquaculture operations across Chile, Norway, and Canada. - Oxzo's solutions increase salmon biomass by up to 10%, cut costs by 5%, and reduce fish mortality by over 24% in Chile. - In Norway, its technologies help fight sea lice and improve fish health, working with top salmon producers. - In Canada, Oxzo's systems support sustainable industry adaptation to new regulations, offering alternative solutions to land-based or closed containment farms. - S2G emphasizes aquaculture as vital for sustainable global protein supply, investing in solutions that improve efficiency and environmental health. - The partnership aims to expand Oxzo’s international footprint, leveraging S2G’s extensive experience and networks in ocean-related investments. - Oxzo’s growth aligns with its mission to drive responsible aquaculture innovation, reinforcing its position as a strategic industry partner.

COMPANIES

Oxzo,S2G Investments,Fiordo Austral,Altis

TAGS

Aquaculture

Addis Energy Secures $8.3M to Scale its Transformative Approach to Low-Cost Ammonia Production

Full Article

December 4, 2025

Addis Energy Secures $8.3M to Scale its Transformative Approach to Low-Cost Ammonia Production

DETAILS

- Addis Energy raised 8.3 million dollars in an oversubscribed seed round to scale its innovative low-cost ammonia production technology. - The company leverages a net energy-positive process that uses underground heat and pressure to synthesize ammonia from ferrous rocks, water, and nitrogen. - This approach significantly reduces energy consumption compared to traditional Haber-Bosch methods which rely heavily on natural gas, consuming about 2% of global energy. - The funding will enhance its AI-driven laboratory to simulate subsurface conditions, expand operational teams, and prepare for its first field pilot. - Addis has partnered with the Pacific Northwest National Laboratory for reactive transport modeling and has sourced over 600 rock samples across the US to demonstrate location-specific production viability. - The company aims to replace traditional extreme-pressure, high-temperature processes by exploiting underground Earth'schemical potential, effectively turning the Earth into a reactor. - The technology presents a timely opportunity as ammonia demand is expected to grow 25% over the next five years, with over 12% of domestic ammonia currently imported. - Addis Energy is targeting a shift toward geologic ammonia production, promising lower costs and zero emissions, and plans to complete nationwide geological mapping before the pilot demonstration.

COMPANIES

Addis Energy, At One Ventures, Engine Ventures, Pillar VC, Pacific Northwest National Laboratory, ARPA-E

TAGS

Ammonia

Glenfarne, POSCO International Corporation Finalize Alaska LNG Strategic Alaska LNG Partnership and Project’s First HOA

Full Article

December 4, 2025

Glenfarne, POSCO International Corporation Finalize Alaska LNG Strategic Alaska LNG Partnership and Project’s First HOA

DETAILS

- Glenfarne and POSCO International finalized a strategic partnership for the Alaska LNG Project, the only federally authorized LNG export project on the U.S. Pacific Coast. - The partnership includes POSCO supplying steel for the 807-mile pipeline and a 20-year agreement for 1 million tonnes of LNG annually on a free-on-board basis. - POSCO has also made a pre-FID capital investment in Alaska LNG, demonstrating strong industry support. - The agreement was commemorated by CEOs at the Department of Energy with key government officials, highlighting federal backing. - Glenfarne, now majority owner, has secured preliminary commitments totaling 11 MPTA of LNG from buyers in Japan, Korea, Taiwan, and Thailand, including signing major agreements with Tokyo Gas, JERA, CPC, and PTT. - Alaska LNG development is phased, with Phase One focusing on pipeline infrastructure for domestic Alaskan needs, and Phase Two expanding to export 20 MTPA of LNG. - Glenfarne, a global energy infrastructure developer, owns 32.8 MTPA of permitted North American LNG capacity, with operations across the U.S. - POSCO International, Korea’s largest steel producer and LNG importer, is diversifying into renewable energy and sustainable growth initiatives to sustain long-term value.

COMPANIES

Glenfarne, POSCO International Corporation, Alaska Gasline Development Corporation, Baker Hughes, Tokyo Gas, JERA, CPC, PTT

TAGS

lng

Louisiana Community Development Authority Authorizes up to $402 Million in Revenue Bonds for Southern Energy Renewables’ Louisiana Fuel Project

Full Article

December 4, 2025

Louisiana Community Development Authority Authorizes up to $402 Million in Revenue Bonds for Southern Energy Renewables’ Louisiana Fuel Project

DETAILS

- Louisiana Community Development Authority approves up to 402 million in revenue bonds for Southern Energy Renewables' biomass-to-fuel project in Louisiana. - The facility will convert regional wood waste into green methanol and carbon-negative sustainable aviation fuel using proven tech and carbon capture. - This project aims to reinforce U.S. energy leadership with domestically produced advanced fuels for both markets, supporting local jobs and industry. - The LCDA approval advances project finance efforts, allowing Southern to seek an additional volume cap from Louisiana's Bond Commission in December 2025. - Final bond terms depend on subsequent approvals and market conditions, with bonds expected to be limited obligations payable solely from project revenues. - This milestone complements the planned business combination between DevvStream and Southern, forming a Nasdaq-listed firm focused on low-cost, carbon-negative fuels. - The project aligns with federal goals for energy security, industrial growth, and decarbonization, leveraging Louisiana’s feedstock, infrastructure, and workforce. - The companies emphasize that the approval is a critical step toward securing non-recourse financing and scalable project development, pending further approvals and bond issuance.

COMPANIES

DevvStream, Southern Energy Renewables

TAGS

Low carbon fuels

Pantheon Regeneration Announces Investment from Microsoft’s Climate Innovation Fund to Scale High-Integrity Nature-Based Carbon Removal

Full Article

December 4, 2025

Pantheon Regeneration Announces Investment from Microsoft’s Climate Innovation Fund to Scale High-Integrity Nature-Based Carbon Removal

DETAILS

- Pantheon Regeneration received a strategic investment from Microsoft’s Climate Innovation Fund to expand its ecological restoration projects. - Its first project, Pocosin Ecological Reserve I, is among the first commercial peatland restorations in the U.S, targeting high-impact climate benefits. - Peatlands store significant amounts of carbon, and restoring them rapidly removes CO2 while supporting biodiversity and water health. - Pantheon employs a science-led approach in developing, owning, and operating peatland projects, collaborating with Duke University for high-quality carbon credits. - Microsoft’s investment aims to accelerate Pantheon’s project pipeline and reinforce the market for high-integrity nature-based carbon credits. - Erika Basham of Microsoft will join Pantheon’s board as an observer, emphasizing support for scalable science-based climate solutions. - The investment aligns with Microsoft’s broader carbon removal strategy, combining natural and engineered solutions to meet global climate goals. - Pantheon’s CEO highlights the funding’s role in enabling large-scale ecosystem restoration and significant market impact for climate solutions.

COMPANIES

Microsoft, Pantheon Regeneration

TAGS

Carbon markets

Riley Permian Announces Sale of New Mexico Midstream Project

Full Article

December 4, 2025

Riley Permian Announces Sale of New Mexico Midstream Project

DETAILS

- Riley Permian sold its interest in Dovetail Midstream to Targa Northern Delaware for 111 million dollars, with a potential earn-in of up to 60 million dollars based on performance. - The assets sold include natural gas gathering infrastructure in Eddy County, New Mexico, and compressor station assets are targeted for sale in early 2026 for around 10 million dollars. - Proceeds from the sale will be used to reduce debt, pay taxes, and cover transaction costs, aligning with the company's strategic focus. - The transaction enhances partnership with Targa, aiming to secure flow assurance for natural gas production and facilitate broader asset development in New Mexico. - This sale removes future capital obligations for expanding midstream infrastructure, allowing Riley Permian to concentrate on upstream exploration and recent acquisitions. - Riley Permian is a growth-focused upstream oil and gas firm operating in Texas and New Mexico, with infrastructure that supports its operational goals. - The company emphasizes forward-looking statements that involve risks and uncertainties, noting that actual results may differ from expectations. - Closing of the compressor station assets sale is expected by early 2026, with the transaction reflecting Riley Permian's strategic shift toward upstream development.

COMPANIES

Riley Exploration Permian, Inc., Riley Exploration - Permian, LLC, Dovetail Midstream, LLC, Targa Northern Delaware LLC, Silverback Exploration II, LLC

TAGS

oil and gas

Advantage Capital and Origis Energy Announce $265 Million Tax Equity Commitment Supporting Renewable Energy Projects Across the Southeast

Full Article

December 4, 2025

Advantage Capital and Origis Energy Announce $265 Million Tax Equity Commitment Supporting Renewable Energy Projects Across the Southeast

DETAILS

- Advantage Capital and Origis Energy have secured a $265 million tax equity commitment to support three utility-scale solar projects in Florida and Alabama. - The projects include the 96 MW Whistling Duck solar plant in Levy County, Florida, which is nearing completion and will soon be operational. - In Alabama, the $200 million commitment funds the Walker Springs I and II projects, delivering 209 MW of capacity and expected to power thousands of homes. - All projects will utilize domestically sourced equipment, bolstering U.S. manufacturing and strengthening the energy supply chain. - These investments aim to enhance regional energy infrastructure, support rural economic growth, and promote renewable energy transition. - The combined projects add 305 MW of high-quality solar capacity in the Southeast, extending Origis Energy’s regional presence. - Since 1992, Advantage Capital has invested over $4.4 billion supporting more than 77,000 jobs, focusing on underserved communities and sustainable solutions. - The deals exemplify ongoing strategic partnerships to expand renewable energy infrastructure and economic benefits across the U.S.

COMPANIES

Advantage Capital, Origis Energy

TAGS

solar

Zanskar Reveals ‘Big Blind’ - The Discovery of the First Blind Geothermal System in the U.S. by Industry in Over 30 Years

Full Article

December 4, 2025

Zanskar Reveals ‘Big Blind’ - The Discovery of the First Blind Geothermal System in the U.S. by Industry in Over 30 Years

DETAILS

- Zanskar, the largest geothermal exploration company in the U.S., announced the discovery of Big Blind, the first blind geothermal system identified and confirmed as commercial in over 30 years. - Located in western Nevada, Big Blind has no surface geothermal signs or prior exploration history, relying solely on Zanskar’s advanced prospecting tools. - Using AI prediction, Zanskar drilled two wells and encountered a 250°F permeable reservoir at about 2,700 feet, surpassing typical geotherm thresholds for utility use. - The site’s natural conditions suggest potential for over 100 MW of power, with further exploration needed to confirm capacity and thermal resources at greater depths. - The discovery reinforces Zanskar’s technological prowess and positions it for rapid growth amid increasing demand for domestic geothermal energy. - Zanskar’s recent successes at Lightning Dock in New Mexico and Pumpernickel in Nevada strengthen its status among global geothermal leaders. - The company’s AI-driven approach makes hidden geothermal resources economically viable, transforming overlooked sites into power solutions. - Zanskar’s model of scalable geothermal development aims to support large energy consumers and governments in expanding clean, reliable energy infrastructure.

COMPANIES

Zanskar

TAGS

Geothermal

Nucor Announces Promotion of Steve Laxton to President and Chief Operating Officer; Dave Sumoski to Retire

Full Article

December 4, 2025

Nucor Announces Promotion of Steve Laxton to President and Chief Operating Officer; Dave Sumoski to Retire

DETAILS

- Nucor promotes Stephen D. Laxton to President and COO effective January 1, 2026, as part of its leadership succession plan. - David A. Sumoski, serving as COO since 2021, will retire on June 13, 2026, after over 30 years of service. - Laxton, who began with Nucor in 2003, has been CFO and EVP since 2022, with a search underway for his replacement as CFO. - The promotion reflects Nucor’s ongoing focus on strategic leadership development and succession planning. - Sumoski will transition responsibilities starting January 1, 2026, remaining as an EVP and advisor until retirement. - Sumoski’s career at Nucor spans over 25 years, including roles in operations and executive leadership, emphasizing safety and operational excellence. - CEO Leon Topalian praised Sumoski’s long-standing impact and strategic contributions, wishing him well in retirement. - Nucor is a major steel manufacturer and recycler with operations across the US, Canada, and Mexico, producing diverse steel products.

COMPANIES

Nucor

TAGS

Industrial decarbonization

Carbonova secures financing to accelerate C$13.6M Commercial Demonstration project in Alberta

Full Article

December 4, 2025

Carbonova secures financing to accelerate C$13.6M Commercial Demonstration project in Alberta

DETAILS

- Carbonova closed an oversubscribed C5.1 million equity funding round from strategic and private investors. - The financing supports the C13.6 million Commercial Demonstration Unit in Alberta, funded through grants, strategic investments, and prior capital, enabling project progress. - The funds will accelerate construction of the CDU-25 in Calgary, which will produce 25 tonnes of carbon nanofibers annually using captured CO₂ and natural gas. - Front-End Engineering Design is advancing rapidly with commissioning targeted for mid-2027. - Carbonova’s patented process produces carbon nanofibers outperforming traditional materials in quality, cost, and sustainability, with markets including plastics, batteries, and construction. - The technology offers a scalable export opportunity for Alberta using existing infrastructure for quick market access to high-value, lightweight products. - After completing the CDU, Carbonova plans to deploy modular units globally, meeting rising demand for sustainable advanced materials for batteries and composites. - The company is committed to providing scalable, low-carbon alternatives to conventional carbon materials and promoting a circular economy through CO₂ utilization.

COMPANIES

Carbonova, Emissions Reduction Alberta

TAGS

Carbon Capture Utalization and Storage

Halliburton Appoints Shannon Slocum as Executive Vice President and Chief Operating Officer

Full Article

December 4, 2025

Halliburton Appoints Shannon Slocum as Executive Vice President and Chief Operating Officer

DETAILS

- Halliburton appoints Shannon Slocum as executive vice president and chief operating officer effective January 1, 2026. - Slocum will oversee global operations, business development, health, safety, environment, and technology. - He reports directly to CEO Jeff Miller, who emphasizes Slocum's leadership to enhance asset value for customers. - Slocum has a proven track record at Halliburton, having held roles from president of Eastern Hemisphere to senior vice president in global business development. - He joined Halliburton in 2005 and has served in diverse technology, operations, and business leadership roles worldwide. - Rami Yassine will succeed Slocum as president of Eastern Hemisphere, bringing extensive experience from previous senior roles within Halliburton. - Yassine joined Halliburton in 2002, holds a Bachelor in industrial engineering, and an MBA from Texas Tech University. - Halliburton, established in 1919, is a leading energy industry service provider focused on innovative solutions and sustainable energy development.

COMPANIES

Halliburton

TAGS

oil and gas

Chevron Announces 2026 Capex Budget of $18 to $19 Billion

Full Article

December 4, 2025

Chevron Announces 2026 Capex Budget of $18 to $19 Billion

DETAILS

- Chevron announced a 2026 organic capital expenditure budget of 18 to 19 billion dollars, aligning with its long-term guidance range. - Total U.S. capex is expected to be over half of the total, with upstream investments targeted at around 17 billion dollars primarily in the Permian, DJ, and Bakken regions. - Global offshore capex is planned for approximately 7 billion dollars, supporting growth in Guyana, Eastern Mediterranean, and Gulf of Mexico. - Downstream spending is estimated at around 1 billion dollars, mainly allocated in the U.S., with about 1 billion dollars dedicated to reducing carbon intensity and expanding new energies. - Affiliate capex will be roughly 1.3 to 1.7 billion dollars, with Chevron Phillips Chemical supporting two new facilities expected to start in 2027. - Chevron emphasizes focusing on high-return opportunities, operational efficiency, and investments that drive long-term value and shareholder returns. - The company plans to invest in lowering operational carbon footprints and growing its new energies businesses, while managing risks related to market, geopolitical, and environmental factors. - Chevron's forward-looking statements reflect strategic plans amid global energy market uncertainties, with an emphasis on maintaining discipline and sustainable growth.

COMPANIES

Chevron, Chevron Phillips Chemical Company LLC, Tengizchevroil LLP

TAGS

oil and gas

BKV Corporation Announces Closing of Public Offering of Common Stock

Full Article

December 4, 2025

BKV Corporation Announces Closing of Public Offering of Common Stock

DETAILS

- BKV Corporation closed a public offering of 6.9 million shares at 26 dollars per share, netting approximately 170.3 million dollars. - Proceeds will fund the company's acquisition of a controlling interest in BKV-BPP Power and related costs or for general corporate purposes if the transaction does not close. - The offering was managed by Citigroup, Barclays, Mizuho, and other co-managers, with a registered SEC prospectus and free informational materials available online. - BKV, based in Denver, is a leading natural gas producer in the US, organized into four core business lines including natural gas production, gathering, power generation, and carbon capture. - The company emphasizes its growth strategy, including potential future acquisitions and power project opportunities, but warns about risks and uncertainties in relying on forward-looking statements. - The announcement clarifies that the offering does not constitute an offer to sell securities in jurisdictions where such activity is unlawful without registration. - Additional information regarding the BKV-BPP Power Joint Venture and related documents will be filed with the SEC, with details available on SEC and BKV websites. - BKV's leadership and management may participate in related solicitations as part of the transaction process, with further disclosures available in regulatory filings.

COMPANIES

BKV Corporation, BKV, BKV-BPP Power, Bedrock Production, LLC, Banpu Power US Corporation

TAGS

oil and gas

MERCURIA ANNOUNCES SUCCESSFUL CLOSING OF OVERSUBSCRIBED USD 4.0 BILLION REVOLVING CREDIT FACILITY IN NORTH AMERICA

Full Article

December 4, 2025

MERCURIA ANNOUNCES SUCCESSFUL CLOSING OF OVERSUBSCRIBED USD 4.0 BILLION REVOLVING CREDIT FACILITY IN NORTH AMERICA

DETAILS

- Mercuria Energy America closed a USD 4 billion one-year Secured Borrowing Base Facility in North America, marking a key milestone. - Societe Generale served as Administrative and Collateral Agent, with MUFG Bank, Natixis, Rabobank, Sumitomo Mitsui, ING, Mizuho, Credit Agricole, and Wells Fargo as joint arrangers and book-runners. - Launched on August 25 and syndicated by September 16, the deal attracted strong lender interest, leading to oversubscription with 23 participating banks. - The facility was downsized to USD 4 billion, with proceeds allocated for general corporate purposes and working capital. - The syndication reflects Mercuria's solid credit profile, disciplined financial strategy, and focus on liquidity and growth in North America. - Mercuria's CFO emphasized the refinancing enhances liquidity and flexibility for energy transition efforts amid expanding operations. - North America CFO highlighted the facility’s role in supporting regional growth and maintaining strong banking relationships. - Established in 2004, Mercuria is a leading independent energy and commodity group investing heavily in renewables, energy storage, critical minerals, and low-carbon solutions.

COMPANIES

Societe Generale, MUFG Bank Ltd., Natixis New York Branch, Cooperatieve Rabobank U.A., New York Branch, Sumitomo Mitsui Banking Corporation, ING Capital LLC, Mizuho Bank, Ltd., Credit Agricole Corporate and Investment Bank, Wells Fargo Bank N.A.

TAGS

fundraising

U.S. Department of Energy Selects TVA to Advance Next-Gen Nuclear Energy

Full Article

December 2, 2025

U.S. Department of Energy Selects TVA to Advance Next-Gen Nuclear Energy

DETAILS

- The U.S. Department of Energy awarded TVA a 400 million dollar grant to accelerate the deployment of the first Generation III+ Small Modular Reactor at Clinch River in East Tennessee. - This initiative aims to establish a national model demonstrating how advanced nuclear can provide reliable, affordable energy at scale. - TVA's project will serve as a blueprint for safe, efficient, and cost-effective SMR deployment across the United States. - The grant, part of a broader effort to strengthen America's nuclear industry, will help develop a domestic supply chain and workforce for next-generation reactors. - TVA is the first U.S. utility with a construction permit accepted for a BWRX-300 SMR by the Nuclear Regulatory Commission. - The project is targeted to reach commercial operation in the early 2030s and aims to reduce financial risks for consumers while enhancing energy security. - TVA plans to protect consumers, train nuclear professionals, stimulate manufacturing, and reduce dependence on foreign nuclear technologies through this initiative. - This effort is part of TVA’s broader strategy to diversify energy sources, support digital infrastructure growth, and advance American nuclear energy leadership.

COMPANIES

U.S. Department of Energy, TVA

TAGS

nuclear

TotalEnergies, TES, Osaka Gas, Toho Gas and ITOCHU Partner Up to Develop the Live Oak Project for e-NG Production in Nebraska

Full Article

December 2, 2025

TotalEnergies, TES, Osaka Gas, Toho Gas and ITOCHU Partner Up to Develop the Live Oak Project for e-NG Production in Nebraska

DETAILS

- TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU signed a joint agreement to develop the Live Oak project for e-NG production in Nebraska with a 33.3% combined stake for Japanese companies. - The project aims for a capacity of 250 MW electrolysis and 75 ktpa methanation, targeting commercial startup by 2030 pending a final investment decision in 2027. - The e-NG produced will be exported to Japan, with Osaka Gas and Toho Gas serving as primary offtakers, supporting Japan's goal to introduce 1% carbon-neutral gas into its grid by 2030. - The initiative builds on a strategic partnership between TotalEnergies and TES to scale up e-NG production utilizing Nebraska’s renewable energy and bioethanol-derived CO₂ resources. - e-NG, chemically identical to natural gas, can seamlessly integrate into existing LNG infrastructure without consumer equipment modifications. - The project positions itself as a leader in carbon-neutral gas development, leveraging US renewable power and bioethanol CO₂, contributing to decarbonization efforts. - The collaboration advances Japanese efforts toward sustainable, low-carbon energy sources, aligning with global decarbonization and energy transition goals. - For more details, visit TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU Partner Up to Develop the Live Oak Project for e-NG Production in Nebraska.

COMPANIES

TotalEnergies, TES, Osaka Gas, Toho Gas, ITOCHU

TAGS

Low carbon fuels

Recurrent Energy Secures Development Consent Order for the Tillbridge Solar and Battery Storage Project in the UK

Full Article

December 2, 2025

Recurrent Energy Secures Development Consent Order for the Tillbridge Solar and Battery Storage Project in the UK

DETAILS

- Recurrent Energy has received a Development Consent Order for its Tillbridge solar and battery storage project in Lincolnshire, UK. - The project will feature 800 MW of solar PV and 500 MW / 1,000 MWh of battery energy storage, marking a key growth milestone. - Located east of Gainsborough, it is a joint venture between Tribus Clean Energy and Recurrent Energy, planned to be one of the UK’s largest hybrid facilities. - The facility will generate approximately 857.6 GWh annually, powering nearly 300,000 homes and reducing over 15 million tonnes of CO₂ emissions over its lifetime. - It is expected to create about 1,250 jobs during construction and provide environmental and community benefits including biodiversity gains and green infrastructure. - The project supports the UK’s energy reliability, security, and low-carbon transition, aligning with national Net Zero goals. - Recurrent Energy, a Canadian Solar subsidiary, has developed over 12 GW of solar projects globally and manages extensive energy storage assets. - Canadian Solar, founded in 2001, is a leading renewable energy company with a diversified project pipeline of 25 GWp solar and 81 GWh storage capacity.

COMPANIES

Recurrent Energy, Canadian Solar Inc., Tribus Clean Energy

TAGS

solar

Entergy Louisiana breaks ground on new, state-of-the-art generation facilities to power reliability, growth and innovation

Full Article

December 2, 2025

Entergy Louisiana breaks ground on new, state-of-the-art generation facilities to power reliability, growth and innovation

DETAILS

- Entergy Louisiana has begun construction on two new highly efficient combined-cycle combustion turbine power plants in Richland Parish to enhance reliability, support economic growth, and promote digital infrastructure. - The Franklin Farms Power Station will add approximately 1,500 megawatts of natural gas capacity, utilizing advanced technology to reduce emissions and increase system flexibility. - These projects are part of a broader strategy to modernize Louisiana's energy infrastructure, ensuring affordability, resilience, and sustainable growth for communities and industries. - The facilities will support Louisiana’s digital economy, including powering Meta's new state-of-the-art data center expected to generate thousands of jobs and bolster long-term economic development. - The projects are projected to save customers over 650 million dollars in total over 15 years through contributions from Meta, notably lowering storm-related charges and resilience costs. - Construction will commence immediately after groundbreaking, with completion and operation anticipated by late 2028, delivering sustained economic and community benefits. - The collaboration exemplifies a commitment to innovation, sustainability, and community enhancement, aligning energy infrastructure with digital and industrial growth. - Entergy Louisiana aims to keep energy rates affordable and promote long-term prosperity, part of its broader Louisiana 100 Plan supporting community resilience and economic development.

COMPANIES

Entergy Louisiana

TAGS

Power

Hydron Energy Secures Funding from NGIF Accelerator to Demonstrate Cost-Effective RNG Production from Landfill Gas

Full Article

December 1, 2025

Hydron Energy Secures Funding from NGIF Accelerator to Demonstrate Cost-Effective RNG Production from Landfill Gas

DETAILS

- Hydron Energy received funding from NGIF Accelerator to demonstrate its INTRUPTor system for low-cost landfill biogas upgrading at Bailey Landfill in Chilliwack. - The project, conducted with FortisBC and the City of Chilliwack, aims to showcase the system's ability to efficiently upgrade biogas to renewable natural gas. - INTRUPTor can remove nitrogen, carbon dioxide, and upgrade biogas in a single stage, significantly reducing costs and achieving price parity with fossil fuels. - Hydron’s technology is the only landfill biogas system capable of producing RNG at competitive costs while lowering greenhouse emissions dramatically. - The INTRUPTor system utilizes a biomimicry-based metal organic framework to operate under ambient conditions, simplifying plant design and cutting costs. - It delivers up to 50% cost reduction and 80% lower greenhouse gas emissions compared to traditional biogas upgrading methods. - The funding from NGIF Accelerator supports Hydron's commercialization efforts and the development of Canadian clean energy solutions. - Hydron Energy is a BC-based company founded in 2020, focused on providing innovative, sustainable energy technologies to reduce costs and emissions.

COMPANIES

NGIF Accelerator, FortisBC, City of Chilliwack

TAGS

RNG

247Solar launches $25 million Series B round to scale around-the-clock industrial heat and electricity for C&I sector

Full Article

December 1, 2025

247Solar launches $25 million Series B round to scale around-the-clock industrial heat and electricity for C&I sector

DETAILS

- 247Solar announced a $25 million Series B funding round to accelerate the deployment of its clean, always-on industrial heat and electricity solution. - The funding has already secured 3.5 million from existing investors, with additional commitments under due diligence, aiming to expand globally. - The company plans to leverage the funds to scale its energy-as-a-service model, develop a larger 3.5 MW system, and reduce costs through mass production. - 247Solar’s technology addresses the critical industrial decarbonization challenge by providing reliable high-temperature heat and round-the-clock electric power from renewable sources. - Its modular platform can cut energy bills by over 25% and reduce carbon emissions by up to 95% while enhancing reliability and performance. - The pipeline spans six continents including Africa, India, Europe, Australia, South America, and North America, targeting markets from mining to data centers and desalination. - The company’s next-gen solutions, originating at MIT with over 40 patents, aim to become industry standards for decarbonizing demanding energy loads. - CEO Bruce Anderson emphasizes scaling the technology to fill the gap left by solar PV and wind, promising a significant shift in industrial clean energy capacity.

COMPANIES

247Solar

TAGS

Industrial decarbonization

TotalEnergies Strengthens its Global Collaboration with Chevron

Full Article

December 1, 2025

TotalEnergies Strengthens its Global Collaboration with Chevron

DETAILS

- TotalEnergies has expanded its offshore exploration collaboration with Chevron by signing a farmout agreement to sell a 40% stake in offshore Nigerian licenses to Chevron. - The licenses, PPL 2000 and PPL 2001 in the West Delta basin, cover roughly 2,000 square kilometers and were awarded after Nigeria's 2024 Exploration Round. - TotalEnergies will remain the operator with a 40% interest, sharing the venture with Chevron and South Atlantic Petroleum. - This move follows a June deal in the US offshore exploration sector, where TotalEnergies acquired a 25% interest in Chevron-led blocks. - The partnership aims to de-risk and develop new resources in Nigeria, aligning with the country's hydrocarbon recovery objectives. - TotalEnergies has operated in Nigeria for over 60 years, producing 209,000 barrels of oil equivalent daily in 2024 and maintaining a significant local presence. - The transaction's completion depends on regulatory approvals and standard conditions. - The collaboration underscores TotalEnergies’ broader strategy of enhancing global offshore exploration with Chevron.

COMPANIES

TotalEnergies,Chevron,Star Deep Water Petroleum Limited,South Atlantic Petroleum

TAGS

oil and gas

Trane Technologies and AWS Collaborate to Accelerate Energy Efficiency and Building Decarbonization across Amazon Grocery Fulfillment Centers in North America

Full Article

December 1, 2025

Trane Technologies and AWS Collaborate to Accelerate Energy Efficiency and Building Decarbonization across Amazon Grocery Fulfillment Centers in North America

DETAILS

- Trane Technologies and AWS collaborated to leverage advanced AI for improving energy efficiency and decarbonization in Amazon Grocery fulfillment centers across North America. - The initial deployment at three pilot facilities achieved nearly 15% energy use reduction, more than doubling initial targets, through BrainBox AI's autonomous HVAC optimization. - Following success, expansion plans include over 30 sites across the US and pilots in grocery stores starting in 2026. - BrainBox AI, acquired by Trane in January 2025, uses AWS solutions to enhance building management and reduce operational costs without sacrificing comfort. - The project supports Amazon’s goal to reach net-zero carbon emissions by 2040 by decarbonizing existing buildings and employing low-carbon materials in new constructions. - Amazon’s digital adaptation aligns with its sustainability commitments, turning buildings into intelligent systems that learn and optimize in real time. - The initiative is part of Amazon’s broader strategy to utilize innovative climate tech startups like BrainBox through programs like the Amazon Sustainability Accelerator Climate Tech Pilot. - Trane Technologies emphasizes that these solutions demonstrate how sustainable technology can generate strong returns while helping combat climate change.

COMPANIES

Trane Technologies, Amazon, BrainBox AI, AWS

TAGS

ESG

DigitalBridge Announces Total Commitments of $11.7 Billion in Fund and Related Fund LP Co-Investment Commitments for DigitalBridge Partners III

Full Article

December 1, 2025

DigitalBridge Announces Total Commitments of $11.7 Billion in Fund and Related Fund LP Co-Investment Commitments for DigitalBridge Partners III

DETAILS

- DigitalBridge announced over 11.7 billion in total commitments for its third digital infrastructure fund, DBP III, including 7.2 billion in fund commitments and 4.5 billion in LP co-investments. - The strong investor support, including new global LPs, underscores confidence in DigitalBridge's proven strategy and operational expertise across market cycles. - DBP III is positioned to expand into AI-related infrastructure opportunities such as hyperscale data centers, fiber, towers, and connectivity assets. - The fund’s early deployment includes investments in data centers, fiber, and tower infrastructure, reflecting disciplined execution aligned with high-conviction themes. - DigitalBridge leverages proprietary sourcing, operator-driven growth, and active ownership to unlock value and achieve strategic scale. - The portfolio features diversified assets like Vantage Data Centers North America, Yondr Group, Orange Barrel Media, FiberNow, and JTOWER. - The firm’s extensive 30-year experience in digital infrastructure management supports its focus on high-growth, high-value sectors driven by AI and connectivity needs. - This milestone signifies DigitalBridge’s evolution as a leading digital infrastructure investment platform aimed at capitalizing on AI-era infrastructure developments.

COMPANIES

DigitalBridge, Vantage Data Centers, Yondr Group, Orange Barrel Media, FiberNow, JTOWER

TAGS

fundraising

AltCrest Energy, DevEngine, and Spring Lane Capital Launch $100M Canadian Energy Investment Strategy

Full Article

December 1, 2025

AltCrest Energy, DevEngine, and Spring Lane Capital Launch $100M Canadian Energy Investment Strategy

DETAILS

- AltCrest Energy, DevEngine, and Spring Lane Capital launched a partnership to invest 100 million CAD in Canada's distributed energy resource sector. - The joint venture will develop and own systems including rooftop solar, geothermal, microgrids, and battery storage, under an Energy-as-a-Service model. - The model funds full project development and construction with no upfront capital burden on land or building owners, delivering immediate savings and energy price hedging. - The pipeline already includes assets and agreements with leading institutional real estate owners and major corporations. - Growing electricity demand driven by AI data centers, manufacturing onshoring, and electric vehicle adoption increases energy scarcity and costs. - The partnership combines capital and expertise from energy and real estate sectors to swiftly deliver value. - Canada's strong market fundamentals and government support make renewable energy investments attractive amid the energy transition. - AltCrest specializes in renewable solutions for commercial real estate to achieve cost savings and energy objectives.

COMPANIES

AltCrest Energy, DevEngine, Spring Lane Capital

TAGS

Power

Stonepeak and Energy Equation Partners Complete Acquisition of Majority Interest in JET

Full Article

December 1, 2025

Stonepeak and Energy Equation Partners Complete Acquisition of Majority Interest in JET

DETAILS

- Stonepeak and Energy Equation Partners completed a majority acquisition of 65 percent in JET Tankstellen Deutschland GmbH, a leading fuel retailer in Germany and Austria. - The deal valued the company at approximately 2.5 billion euros and involved a strategic partnership with Phillips 66. - The investment emphasizes energy sector consolidation and supports JET's growth in the energy transition. - Stakeholders aim to leverage JET’s extensive network of service stations and trusted brand for enhanced service delivery across Germany and Austria. - The deal was facilitated by legal counsel from Akin Gump Strauss Hauer & Feld LLP and Hengeler Mueller, with financing support from Paul Weiss Rifkind Wharton & Garrison LLP. - Stonepeak, with around 80 billion dollars in assets under management, focuses on infrastructure and real assets globally, aiming for value creation and risk-adjusted returns. - Energy Equation Partners brings extensive experience in fuel retail and energy investment, with over 10 billion dollars deployed worldwide in energy projects. - The transaction marks a significant step for JET, positioning it for expanded operations and commitment to energy transition initiatives.

COMPANIES

Stonepeak, Energy Equation Partners, JET, Phillips 66

TAGS

Oil and gas

Scott Bores appointed president of Florida Power & Light; Armando Pimentel remains as CEO

Full Article

December 1, 2025

Scott Bores appointed president of Florida Power & Light; Armando Pimentel remains as CEO

DETAILS

- Scott Bores is promoted to president of Florida Power & Light effective immediately, reporting to CEO Armando Pimentel. - Bores has been with FPL since 2011, holding key finance roles including vice president of finance, with expertise in financial planning and stakeholder relations. - He holds degrees in accounting from the University of Connecticut and an MBA from Emory University, and is a licensed CPA in Georgia. - Bores’s leadership will focus on guiding FPL’s growth, enhancing reliability, and delivering affordable electricity amid Florida’s expanding customer base. - Armando Pimentel remains CEO of FPL and has no immediate plans to retire, expected to stay in his role through at least 2026. - NextEra Energy, headquartered in Juno Beach, Florida, is a Fortune 200 company and a leading provider of energy infrastructure in North America. - The company owns Florida Power & Light, serving about 12 million customers, and NextEra Energy Resources, specializing in diverse energy sources like renewables, natural gas, and nuclear. - NextEra continues to transform America’s energy landscape, emphasizing technology, sustainable sources, and infrastructure development.

COMPANIES

NextEra Energy, Florida Power & Light

TAGS

Power

Targa Resources Corp. to Acquire Permian Basin Gathering & Processing System for $1.25 Billion

Full Article

December 1, 2025

Targa Resources Corp. to Acquire Permian Basin Gathering & Processing System for $1.25 Billion

DETAILS

- Targa Resources is acquiring Stakeholder Midstream for 1.25 billion dollars, roughly six times its estimated 2026 unlevered free cash flow. - The deal is supported by long-term fee-based contracts over approximately 170,000 acres with low decline rates and additional drilling opportunities. - Stakeholder provides significant natural gas gathering, processing, sour gas treating, CCUS activities, and crude storage assets in the Permian Basin. - The acquisition will enhance Targa’s sour gas treatment capacity, expand its Permian footprint, and boost cash flow with minimal impact on leverage. - Stakeholder is expected to generate about 200 million dollars annually in unlevered adjusted free cash flow with low capital needs. - The transaction is set to close in the first quarter of 2026, funded by Targa’s existing liquidity and revolving credit facility, with limited impact on leverage. - This bolt-on acquisition aligns with Targa’s strategy to strengthen its infrastructure and growth profile in North America’s energy sector. - Regulatory approvals are required before closing, and advisors involved include RBC Capital Markets and Jefferies.

COMPANIES

Targa Resources Corp, Stakeholder Midstream, LLC, EnCap Flatrock Midstream, RBC Capital Markets, Latham & Watkins LLP, Jefferies, Willkie Farr & Gallagher, Clifford Chance

TAGS

oil and gas

MGE to Add More Solar, Battery Storage and Wind

Full Article

November 27, 2025

MGE to Add More Solar, Battery Storage and Wind

DETAILS

- Regulators approved MGE's purchase of shares in four renewable projects to advance its net-zero carbon electricity goal. - MGE will own 35 MW of solar, 5 MW of battery storage, and nearly 18 MW of wind capacity from these projects. - Since 2015, MGE plans to add over 40 renewable and storage projects totaling more than 750 MW by 2030. - Key projects include Saratoga Solar Energy Center with 15 MW solar and 5 MW storage, and Ursa Solar Park with 20 MW solar. - Wind projects include Badger Hollow Wind Farm with 11.2 MW and Whitetail Wind Farm with 6.7 MW, both expected to start serving customers in 2027. - MGE's investments enhance reliability, reduce costs, and accelerate the transition to a low-carbon future through diverse renewable sources. - These efforts align with broader strategies of expanding renewables, boosting energy efficiency, and supporting transportation electrification. - The goal is to significantly cut carbon emissions and promote a sustainable Wisconsin by leveraging geographically diverse renewable assets.

COMPANIES

MGE, We Energies, Wisconsin Public Service, WEC Energy Group

TAGS

Renewables

Veolia to build a major hazardous waste US player with the acquisition of Clean Earth and unlock further international growth

Full Article

November 27, 2025

Veolia to build a major hazardous waste US player with the acquisition of Clean Earth and unlock further international growth

DETAILS

- Veolia plans to acquire Clean Earth, a leading US hazardous waste company with 700 permits and key assets, to become the second largest player in the US sector. - The $3 billion deal, valued at 9.8 times 2026 EBITDA, will significantly double Veolia’s US hazardous waste footprint and improve market coverage. - This strategic purchase will boost Veolia's hazardous waste revenue to €5.2 billion and raise the EBITDA margin to 17%, supporting growth in fast-moving industries like retail and healthcare. - The acquisition aligns with Veolia’s GreenUp strategy, offering a pathway to at least 10% EBITDA growth in hazardous waste from 2024 to 2027. - It enhances Veolia’s international presence and accelerates its asset rotation strategy, with over €8.5 billion in asset disposals since GreenUp’s launch. - The deal will be financed through existing resources and debt, maintaining the firm's BBB/Baa1 investment grade and targeting leverage below 3x within two years. - The integration is expected to close in mid-2026, contingent on regulatory approval and shareholder consent. - Overall, this move solidifies Veolia’s position as a global leader in environmental services, especially in the resilient hazardous waste sector driven by industry transformation and regional demand. Veolia to build a major hazardous waste US player with the acquisition of Clean Earth and unlock further international growth

COMPANIES

Veolia, Clean Earth, Enviri

TAGS

ESG

Lazard Sustainable Private Infrastructure Fund Completes Sale of Shawton Energy

Full Article

November 27, 2025

Lazard Sustainable Private Infrastructure Fund Completes Sale of Shawton Energy

DETAILS

- Lazard Asset Management announced the sale of its interest in Shawton Energy to Ampyr Distributed Energy, marking the first exit of the Lazard SPI Fund. - The transaction achieved an approximately 20% internal rate of return for the fund. - Shawton Energy provides fully-funded solar solutions to UK businesses and has expanded its pipeline significantly since 2023. - Since investment, Shawton completed multiple rooftop PPA projects, developed a 8.6 MW solar farm, and secured long-term purchase agreements and financing. - Lazard highlighted Shawton’s strong operational progress and its positioning for future growth with large clients. - Shawton’s CEO credited Lazard for helping expand the portfolio and strengthen its market standing, with an optimistic outlook on the partnership with ADE. - ADE’s CEO expressed confidence in Shawton’s growth trajectory and looks forward to accelerating onsite renewable deployment across the UK. - Lazard Asset Management manages approximately $267 billion across diverse asset classes, and Lazard itself is a historic firm operating globally since 1848.

COMPANIES

Lazard Asset Management, Shawton Energy, AMPYR Distributed Energy

TAGS

Renewables

Amazon plans to invest $15 billion in Northern Indiana to build new data center campuses and advance AI innovation

Full Article

November 27, 2025

Amazon plans to invest $15 billion in Northern Indiana to build new data center campuses and advance AI innovation

DETAILS

- Amazon plans to invest 15 billion dollars in Northern Indiana for new data center campuses and AI innovation. - The investment will create 1,100 high-skilled jobs and support thousands more in the local data center supply chain. - It will add 2.4 gigawatts of data center capacity, supporting AI, cloud computing, and next-generation applications. - Amazon's energy agreement with NIPSCO is projected to save local residents and businesses about 1 billion dollars over 15 years while improving energy reliability. - Since 2010, Amazon has invested over 31.3 billion dollars in Indiana, contributing nearly 30 billion dollars to the state's GDP and supporting over 24,500 jobs. - The company will implement workforce training programs including data center technician courses, fiber optic workshops, STEM initiatives, and cloud support training. - Amazon's infrastructure expansion complements its ongoing investments in renewable energy and community development within Indiana. - The initiative aims to generate economic growth, drive innovation, and strengthen community resources across the region.

COMPANIES

Amazon, NIPSCO, AWS, Ivy Tech

TAGS

Power

CleanArc Data Centers Breaks Ground on 900MW Flagship Hyperscale Campus in Virginia

Full Article

November 27, 2025

CleanArc Data Centers Breaks Ground on 900MW Flagship Hyperscale Campus in Virginia

DETAILS

- CleanArc Data Centers broke ground on its 900MW flagship hyperscale campus in Caroline County Virginia to boost scalable and sustainable digital infrastructure. - The VA1 campus will feature nearly 1GW of grid power with phased capacity additions planned for 2027, 2030, and 2033-2035, ensuring future growth and resilience. - Designed with sustainability in mind, the project incorporates land conservation, minimal water use, noise and light pollution reduction, and promotes True Additionality clean energy initiatives. - Advanced modular design and off-site manufacturing will enable faster deployment and flexibility, supporting high-speed market responsiveness. - The project is backed by Snowhawk as the majority investor, with Nuveen and Townsend Group as minority investors committed to responsible growth. - It will generate approximately $13 million annually for Caroline County and create at least 50 permanent jobs plus hundreds during construction, fostering local economic growth. - CleanArc's leadership emphasizes reliable, efficient, and environmentally sustainable solutions, leveraging decades of experience in data center and energy sectors. - The development underscores a commitment to innovation, community impact, and meeting the rising demand for hyperscale digital infrastructure in North Virginia.

COMPANIES

CleanArc Data Centers, Snowhawk, Nuveen, Townsend Group

TAGS

Power

Amazon plans to invest at least $3 billion in Warren County, Mississippi, for next-generation data center campus

Full Article

November 27, 2025

Amazon plans to invest at least $3 billion in Warren County, Mississippi, for next-generation data center campus

DETAILS

- Amazon plans to invest at least 3 billion dollars in Warren County Mississippi to build a new data center campus supporting AI and cloud technologies. - The project will create at least 200 jobs directly at the data center and support over 300 additional community jobs in construction, supply chain, and operations. - This investment is the largest private development in Warren County's history, building on Amazon's previous 10 billion dollar Mississippi investments. - The new infrastructure will include advanced, energy-efficient data centers with custom-designed chips and servers, powering Amazon’s AI and cloud computing capabilities. - Amazon is committed to workforce development through programs training thousands of Mississippians and launching a 150,000 dollar community fund for local projects focused on STEM education and community needs. - The investment will generate significant regional tax revenue, boosting local services, infrastructure, and supporting small businesses in Warren County and Vicksburg. - Mississippi has become a leader in AI workforce initiatives with state-backed programs, investments, and partnerships that align well with Amazon’s innovative infrastructure and economic goals. - Amazon emphasizes responsible growth, creating lasting community benefits, fostering local talent, and cementing Mississippi’s role in the future of American technology and innovation.

COMPANIES

Amazon

TAGS

Power

Schneider Electric Debuts One Digital Grid Platform to Help Utilities Modernize and Address Energy Costs

Full Article

November 27, 2025

Schneider Electric Debuts One Digital Grid Platform to Help Utilities Modernize and Address Energy Costs

DETAILS

- Schneider Electric launched the One Digital Grid Platform, an AI-enabled software suite designed to accelerate utility modernization without infrastructure upgrades. - The platform integrates planning, operations, and asset management, offering real-time outage estimates and improving transparency during storms and power shutoffs. - Built on Schneider's EcoStruxure architecture, it enhances grid resilience, reliability, and efficiency through modular, cloud, and on-premise deployment options. - Key AI features include outage restoration time estimates, grid troubleshooting assistance, and network model tuning to increase accuracy and reduce costs. - The platform leverages Microsoft Azure for secure hybrid-cloud scalability, integrating AI tools and cybersecurity solutions for dynamic grid management. - Proven benefits include up to 184% ROI, faster outage response, fewer penalties, and operational time savings, with a 16-month payback period reported by early adopters. - It aims to help the US meet rising energy demands, integrate renewable energy, and modernize aging infrastructure essential for decarbonization and economic growth. - The platform was showcased at Enlit Europe and the Innovation Summit in Las Vegas, signaling its global rollout and industry-wide significance in energy transition efforts.

COMPANIES

Schneider Electric

TAGS

Power

Powertrust collaborates with Microsoft to Deliver 270MW of Distributed Solar in Mexico and Brazil, Advancing Clean Energy and Community Impact

Full Article

November 27, 2025

Powertrust collaborates with Microsoft to Deliver 270MW of Distributed Solar in Mexico and Brazil, Advancing Clean Energy and Community Impact

DETAILS

- Powertrust and Microsoft announce a partnership to deploy 270MW of distributed solar energy in Mexico and Brazil over four years. - The initiative aims to accelerate Latin America's clean energy transition and deliver community benefits in underserved regions. - Microsoft will buy Renewable Energy Certificates from Powertrust projects to support its goal of becoming carbon negative by 2030. - Projects will focus on providing affordable energy, creating local jobs, and fostering workforce development through training programs. - Collaboration emphasizes partnerships with NGOs and community leaders to ensure inclusive project development and long-term engagement. - Benefits extend to improving education, healthcare, and infrastructure in local communities, amplifying social impact. - Powertrust CEO highlights the model as a combination of corporate climate leadership and community empowerment. - Microsoft’s Director emphasizes the importance of fairly developed sustainability infrastructure that enhances community health and well-being.

COMPANIES

Powertrust, Microsoft

TAGS

Renewables

Venture Global and Tokyo Gas Announce 20-Year LNG Sales and Purchase Agreement

Full Article

November 26, 2025

Venture Global and Tokyo Gas Announce 20-Year LNG Sales and Purchase Agreement

DETAILS

- Venture Global and Tokyo Gas signed a 20-year LNG sales and purchase agreement for 1 million tonnes per annum starting in 2030. - This deal marks Venture Global's seventh long-term contract with a Japanese company in 2025, totaling 7.75 million tonnes. - Venture Global has rapidly expanded its LNG portfolio with over 100 million tonnes per annum capacity across production, transport, and export assets. - The company's projects, including Calcasieu Pass and Plaquemines LNG, are based in Louisiana, with ongoing efforts to develop carbon capture solutions. - Tokyo Gas, Japan's largest city gas supplier, serves 13 million customers and has a diversified energy portfolio that includes LNG procurement and renewable investments. - Venture Global aims to strengthen US-Japan energy trade, offering Japan affordable, reliable American LNG amidst global trade uncertainties. - Forward-looking statements in the release highlight risks like project financing, regulatory delays, construction costs, and geopolitical factors affecting LNG development. - The partnership underscores Venture Global’s momentum in growing its global LNG market presence and deepening ties with key Asian energy players.

COMPANIES

Venture Global, Tokyo Gas

TAGS

lng

Amazon to invest up to $50 billion to expand AI and supercomputing infrastructure for US government agencies

Full Article

November 25, 2025

Amazon to invest up to $50 billion to expand AI and supercomputing infrastructure for US government agencies

DETAILS

- Amazon Web Services will develop the first purpose-built AI and high-performance computing infrastructure for the US government, investing up to 50 billion dollars. - The expansion will add nearly 1.3 gigawatts of AI and supercomputing capacity across AWS classified regions, supporting all government data classifications. - Federal agencies will access advanced AI services including SageMaker AI, Bedrock, Nova, Anthropic Claude, AWS Trainium chips, and NVIDIA infrastructure for tailored AI solutions. - This investment will accelerate government missions by enabling real-time data processing, complex pattern analysis, threat detection, and rapid decision-making. - AI integration with modeling and simulation will transform workflows in security, supply chain, infrastructure, energy, healthcare, and scientific research. - Amazon’s history in government cloud innovation includes launching AWS GovCloud, Top Secret, and multiple accredited regions supporting classified workloads for over a decade. - The initiative aligns with the Biden Administration’s AI Action Plan, positioning America for leadership in AI-driven discovery and national security. - AWS CEO Matt Garman emphasized that this infrastructure will remove technological barriers, ensuring the US maintains a competitive edge in AI and supercomputing.

COMPANIES

Amazon,Amazon Web Services,Amazon SageMaker AI,Amazon Bedrock,Amazon Nova,NVIDIA

TAGS

None of the listed sectors directly match the content of the article.

Constellation Announces Key Senior Leadership Changes Ahead of Calpine Deal Closing

Full Article

November 25, 2025

Constellation Announces Key Senior Leadership Changes Ahead of Calpine Deal Closing

DETAILS

- Constellation is implementing senior leadership changes in preparation for its acquisition of Calpine, expected to close in the fourth quarter of 2025. - Kathleen Barrón, EVP and Chief Strategy and Growth Officer, will retire after 30 years in energy, with her duties redistributed and she remaining as an advisor until mid-2026. - Dan Eggers is promoted to Senior Executive Vice President leading Finance and Data Economy, while Shane Smith becomes EVP and CFO reporting to Eggers. - David Dardis is promoted to Senior EVP and Chief External Affairs and Growth Officer, overseeing legal, policy, sustainability, and corporate strategy. - Bryan Hanson and Jim McHugh receive promotions to Senior EVP roles with expanded responsibilities in generation and commercial operations. - Andrew Novotny from Calpine joins as Senior EVP and CEO of Calpine, leading operations and reporting to CEO Joe Dominguez, with other Calpine executives also joining Constellation. - These leadership moves aim to integrate Calpine’s assets into Constellation’s portfolio, enhancing growth, policy influence, and renewable energy capabilities. - Constellation is the nation's largest emissions-free energy producer, with nearly 90% carbon-free output powering around 16 million homes, emphasizing innovation and sustainable growth.

COMPANIES

Constellation, Calpine

TAGS

nuclear

CPV Basin Ranch Energy Center Breaks Ground in Ward County, Texas

Full Article

November 25, 2025

CPV Basin Ranch Energy Center Breaks Ground in Ward County, Texas

DETAILS

- CPV broke ground on a 1,350 MW natural gas power plant in Ward County Texas, addressing urgent needs for reliable dispatchable energy in ERCOT. - The project involves a $2 billion investment and is expected to generate over $400 million in local tax revenue over its lifespan. - Construction is led by Gemma Power Systems, utilizing state-of-the-art GE turbines, with future plans to incorporate a carbon capture system. - Texas Governor Greg Abbott announced a $1.1 billion Texas Energy Fund loan supporting the project, which accounts for more than 10% of the state's targeted 10 GW of new capacity. - CPV emphasizes strong community engagement, creating jobs and supporting local nonprofits like Monahans Kids Zone with donations. - Local officials highlight the project’s long-term benefits including economic growth, job creation, and community partnership. - The facility is planned to be operational by 2029, capable of powering 850,000 West Texas homes, with potential future phases including carbon capture. - As part of its broader portfolio, CPV has developed over 6.8 GW of energy projects since 2010, including natural gas, wind, solar, and emerging carbon capture technologies. CPV Basin Ranch Energy Center Breaks Ground in Ward County Texas

COMPANIES

CPV, Gemma Power Systems, GE Vernova, OPC Energy

TAGS

Power

First Solar Inaugurates New $1.1 Billion AI-Enabled Louisiana Manufacturing Facility

Full Article

November 25, 2025

First Solar Inaugurates New $1.1 Billion AI-Enabled Louisiana Manufacturing Facility

DETAILS

- First Solar inaugurated a $1.1 billion fully AI-enabled manufacturing facility in Iberia Parish Louisiana, spanning 2.4 million square feet. - The facility employs over 700 workers, expected to reach 826 by year-end, and will add 3.5 GW of annual capacity, boosting US production to 17.7 GW by 2027. - Production began in July 2025, accelerated by supportive legislation and trade policies, with no reliance on Chinese crystalline silicon supply chains. - The factory produces Series 7 modules using American materials including Illinois and Ohio glass and Mississippi steel, emphasizing domestic supply. - Economic impact analysis forecasts a 4.4% rise in Iberia Parish’s GDP in the first full year of operation at capacity, with manufacturing roles offering an average salary of 90,000 dollars. - The facility leverages AI for defect detection and process optimization, exemplifying American manufacturing innovation and high-tech integration. - First Solar’s US footprint includes three manufacturing facilities in Ohio, one in Alabama, and a new line in South Carolina, supporting over 5,500 US jobs by 2026 with a total investment of approximately 4.5 billion dollars since 2019. - The company aims to create over 30,000 jobs nationwide, reinforcing its leadership in American PV solar technology and manufacturing.

COMPANIES

First Solar

TAGS

solar

Nigeria: TotalEnergies Completes the Divestment of its Non-Operated Interest in the Bonga Field

Full Article

November 25, 2025

Nigeria: TotalEnergies Completes the Divestment of its Non-Operated Interest in the Bonga Field

DETAILS

- TotalEnergies has completed divesting its 12.5% non-operated interest in Nigeria's Bonga Field to Shell Nigeria Exploration and Nigerian Agip Exploration for 510 million USD. - The divestment involved transferring a 10% stake to Shell and a 2.5% stake to Nigerian Agip Exploration. - TotalEnergies has been active in Nigeria for over 60 years, employing more than 1,800 people across various sectors. - Nigeria contributed significantly to its production, with 209,000 barrels of oil equivalent per day in 2024. - The company operates around 540 service stations in Nigeria and emphasizes local community engagement and socio-economic development. - TotalEnergies is a globally integrated energy company producing oil, natural gas, renewables, low-carbon hydrogen, and biofuels, with operations in about 120 countries. - The company prioritizes sustainability, reliability, and affordability across its energy offerings, with over 100,000 employees worldwide. - The divestment aligns with TotalEnergies' strategy to focus on core assets and transition toward more sustainable energy solutions.

COMPANIES

TotalEnergies, Shell Nigeria Exploration and Production Company Ltd, Nigerian Agip Exploration

TAGS

oil and gas

Mercuria Successfully Closes USD 2.3 Billion Equivalent Asian Revolving Credit Facilities

Full Article

November 25, 2025

Mercuria Successfully Closes USD 2.3 Billion Equivalent Asian Revolving Credit Facilities

DETAILS

- Mercuria successfully closed USD 2.3 billion equivalent Asian Syndicated Revolving Credit Facilities marking a 35% increase from 2024. - The facilities include USD and CNH tranches, reflecting strong regional confidence and Mercuria's expanding footprint across Asia. - The financing was supported by leading banks with 41 lenders, including new participants and Chinese institutions playing a prominent role. - The facilities consist of a USD 1,193 million 1-year Revolving Credit Facility, a CNH 3,683 million 1-year tranche, a USD 283 million Swingline Facility, and a USD 315 million 3-year facility. - The transaction underscores Mercuria’s disciplined liquidity management and strategic growth ambitions in Asia. - The support from Chinese banks highlights Mercuria’s deepening relationships and long-standing presence in the region. - Guillaume Vermersch, Group CFO, emphasized the upsized facility and diversified banking partners as a testament to Mercuria’s financial strength and regional confidence. - Asia remains a core component of Mercuria’s global strategy, with ongoing expansion in China, Japan, Southeast Asia, and Australasia.

COMPANIES

Mercuria Energy Group Ltd., Abu Dhabi Commercial Bank PJSC, Bank of China Limited Singapore Branch, China CITIC Bank Corporation Limited London Branch, China CITIC Bank Corporation Limited Shanghai Branch, China CITIC Bank International Limited Singapore Branch, China Merchants Bank Co. Ltd. Singapore Branch, CMB Wing Lung Bank Limited, DBS Bank Ltd., Industrial and Commercial Bank of China Limited London Branch, Mizuho Bank Ltd., MUFG Bank Ltd., Oversea-Chinese Banking Corporation Limited, Sumitomo Mitsui Banking Corporation Singapore Branch, The Export-Import Bank of China Fujian Branch

TAGS

oil and gas

NextDecade Initiates Pre-Filing Process with FERC for Train 6 at Rio Grande LNG

Full Article

November 25, 2025

NextDecade Initiates Pre-Filing Process with FERC for Train 6 at Rio Grande LNG

DETAILS

- NextDecade has begun the pre-filing process with FERC for a sixth liquefaction train and an additional marine berth at Rio Grande LNG. - The company plans to submit a full expansion application to FERC in 2026. - Currently constructing five trains at Rio Grande LNG with space to potentially double capacity to up to ten trains. - The expansion aims to increase liquefaction capacity to deliver reliable, cost-effective, and lower-carbon energy globally. - NextDecade emphasizes its commitment to cleaner energy through safe, efficient development of natural gas liquefaction capacity. - The project will undergo permitting, commercial agreements, financing, and approval processes before final investment decisions. - The expansion aligns with NextDecade’s goals of increasing natural gas exports and possibly integrating carbon capture and storage. - Forward-looking statements depend on regulatory approvals, commercial negotiations, and other contingencies; actual outcomes may differ.

COMPANIES

NextDecade

TAGS

lng

Eiger Express Pipeline Capacity Expansion

Full Article

November 25, 2025

Eiger Express Pipeline Capacity Expansion

DETAILS

- WhiteWater announced an expansion of the Eiger Express Pipeline's capacity from 2.5 to 3.7 billion cubic feet per day by upsizing the pipeline from 42 inches to 48 inches and adding incremental compression. - The project is expected to remain on schedule to be in service by mid-2028, pending regulatory approvals. - The Eiger Express Pipeline transports natural gas from the Permian Basin in West Texas to the Katy area, with ownership shared among Matterhorn JV, ONEOK, and MPLX. - WhiteWater holds a 65% stake in the Matterhorn joint venture, which owns long-haul pipelines linking the Permian Basin to Gulf Coast LNG export markets. - The expansion secured additional firm transportation agreements, reflecting growing demand for natural gas infrastructure in the region. - WhiteWater is an Austin-based infrastructure company operating multiple gas transmission assets, partnering with private equity firms including FIC and I Squared Capital. - The joint venture's ownership also involves ENBRIDGE, ONEOK, and MPLX, with each holding incremental interests. - The project underscores ongoing investments in North American energy infrastructure to meet increasing global energy needs while supporting decarbonization initiatives.

COMPANIES

WhiteWater, Matterhorn JV, ONEOK, MPLX, Enbridge

TAGS

oil and gas

Diversified Energy Completes Canvas Energy Acquisition

Full Article

November 25, 2025

Diversified Energy Completes Canvas Energy Acquisition

DETAILS

- Diversified Energy completed its acquisition of Canvas Energy, adding operated production assets and acreage in Oklahoma. - The acquisition was funded through a $400 million asset-backed securitization off a purchase price of approximately $550 million. - Current production stands at around 147 MMcfepd, reflecting a 13% increase for Diversified alone with significant operational overlap in Central Oklahoma. - The deal includes about 1.6 million net acres, with estimated next-twelve-month EBITDA of roughly $155 million and proven PV-10 value of $690 million. - The acquisition features undeveloped acreage offering development potential and strategic flexibility for portfolio optimization. - Diversified issued 3.72 million new shares of stock in connection with the deal, which will be listed on the NYSE, with admission expected on November 25, 2025. - The total shares outstanding are 80.45 million, each with voting rights, and the shares of the acquired company will rank pari passu. - The company emphasizes its focus on acquiring long-life assets, improving environmental and operational performance, and generating sustainable shareholder value. Diversified Energy Completes Canvas Energy Acquisition

COMPANIES

Diversified Energy, Canvas Energy

TAGS

oil and gas

Reverion and Frontier advance new biogas carbon removal pathway

Full Article

November 25, 2025

Reverion and Frontier advance new biogas carbon removal pathway

DETAILS

- Reverion’s fuel cells convert biogas into clean electricity at 74% efficiency while capturing all carbon from methane and CO₂, doubling removal compared to conventional methods. - The technology enables decentralized power generation at biogas sites, reducing costs and allowing farmers to generate revenue from both electricity and hydrogen production. - Reverion's approach captures the entire carbon content of biogas, potentially removing over 2 gigatons of CO₂ annually by 2040, considering global biogas capacity. - With over 120,000 biogas sites globally, mainly run by farmers, the system transforms organic waste into energy, cutting fuel costs and emissions while promoting permanent carbon storage. - The process involves capturing CO₂ from biomass waste, converting methane to electricity, and liquefying and storing CO₂ in geological formations for permanent removal. - Reverion’s technology minimizes methane leaks, addressing a significant climate concern, and provides economic incentives through high efficiency and flexible operation modes. - Frontier has secured deals for $41 million to remove 96,000 tons of CO₂ between 2027 and 2030, with major corporate partners supporting the initiative. - The approach offers a scalable, economically viable solution for global carbon removal, leveraging existing biogas infrastructure and advancing climate goals.

COMPANIES

Reverion, Frontier

TAGS

Carbon Capture Utilization and Storage

Just Climate’s Natural Climate Solutions strategy secures $375M from global institutional investors to accelerate natural climate solutions

Full Article

November 25, 2025

Just Climate’s Natural Climate Solutions strategy secures $375M from global institutional investors to accelerate natural climate solutions

DETAILS

- Just Climate has secured 375 million dollars from global institutional investors to accelerate investments in natural climate solutions. - Its strategy focuses on transforming land use, water management, and waste reduction to achieve net-zero and nature-positive goals. - The firm’s recent investment includes a stake in AgroStar, an Indian agritech platform promoting climate-resilient farming practices. - AgroStar engages over ten million farmers with products and advice to increase yields, reduce chemical use, and improve soil health. - Just Climate’s investors include pension funds, asset managers, and major institutions like Achmea, the Environment Agency Pension Fund, and the Royal Bank of Canada. - The strategy aims to unlock scalable opportunities such as biological fertilizers, restoration financing, and technology for verified environmental outcomes. - Previous investments include biodiversity monitoring company NatureMetrics and biosolutions leader GreenLight Biosciences. - Leadership emphasizes that investing in natural climate solutions is essential for systemic change, climate resilience, and sustainable economic growth.

COMPANIES

Just Climate, AgroStar, Generation Investment Management, Achmea Investment Management, Environment Agency Pension Fund, California State Teachers’ Retirement System, Microsoft’s Climate Innovation Fund, NatureMetrics, GreenLight Biosciences, Aavishkaar Capital, Accel, Bertelsmann India Investments, British International Investment, Chiratae Ventures, Evolvence India, Hero Enterprise, International Finance Corporation, Rabo Frontier Ventures, Schroders Capital

TAGS

ESG

X-energy Closes Oversubscribed $700 Million Series D Financing Round to Continue Expansion to Meet Global Energy Demand

Full Article

November 24, 2025

X-energy Closes Oversubscribed $700 Million Series D Financing Round to Continue Expansion to Meet Global Energy Demand

DETAILS

- X-energy closed an oversubscribed Series D round raising approximately 700 million dollars, led by Jane Street with new investors including ARK Invest and Galvanize. - The funding confirms strong investor confidence in X-energy’s mission to revolutionize accessible, affordable advanced nuclear energy. - Proceeds will expand supply chain and commercial pipeline supporting over 11 gigawatts of industry-leading orders for 144 advanced small modular reactors. - The company aims to accelerate commercialization of its Xe-100 reactor and TRISO-X fuel, strengthening partnerships and optimizing supply chains. - X-energy’s projects include a four-unit Xe-100 plant supported by the US Department of Energy, under review by the Nuclear Regulatory Commission. - Amazon and X-energy plan deployment of more than 5GW of Xe-100 projects across the US, beginning at the Cascade facility in Washington, with additional projects in the UK with Centrica. - X-energy is constructing a US-based advanced fuel fabrication plant for its proprietary TRISO-X fuel, a first of its kind in America. - The company is focused on delivering scalable, safer, and reliable nuclear power to meet global energy demands and reshape the nuclear industry.

COMPANIES

X-energy, Jane Street, ARK Invest, Galvanize, Hood River Capital Management, Point72, Reaves Asset Management, XTX Ventures, Ares Management, Corner Capital, Emerson Collective, NGP, Segra Capital Management, Dow, Amazon, Centrica, Energy Northwest

TAGS

nuclear

Microsoft, NVIDIA, and Anthropic announce strategic partnerships

Full Article

November 20, 2025

Microsoft, NVIDIA, and Anthropic announce strategic partnerships

DETAILS

- Microsoft, NVIDIA, and Anthropic announced strategic partnerships to enhance AI development and deployment. - Anthropic will scale its Claude AI model on Microsoft Azure, powered by NVIDIA's architecture, increasing access and capabilities for enterprise users. - Anthropic plans to purchase 30 billion dollars of Azure compute capacity and secure up to one gigawatt of additional compute resources with NVIDIA systems. - NVIDIA and Anthropic will collaborate on model design, engineering, and architecture optimization to improve performance and efficiency. - Microsoft and Anthropic are expanding their partnership to provide broader access to Claude models including Claude Sonnet 4.5, Opus 4.1, and Haiku 4.5 through Microsoft Foundry. - Claude will become the only frontier AI model available across all three leading cloud service providers, offering increased model choice to Azure users. - Microsoft will continue supporting Claude across its Copilot ecosystem including GitHub Copilot, Microsoft 365 Copilot, and Copilot Studio. - NVIDIA and Microsoft commit investments of up to 10 billion and 5 billion dollars respectively in Anthropic, with Amazon remaining the primary cloud provider for Anthropic.

COMPANIES

Microsoft, NVIDIA, Anthropic

TAGS

Power

Spiritus Hires Executives from LanzaTech and Chevron to Accelerate Commercial Deployment with Strategic Engineering Leadership Appointments

Full Article

November 20, 2025

Spiritus Hires Executives from LanzaTech and Chevron to Accelerate Commercial Deployment with Strategic Engineering Leadership Appointments

DETAILS

- Spiritus announced strategic hires of Mayur Sathe from LanzaTech and Matt Arcy from Chevron to enhance its leadership for commercial deployment. - These experts bring extensive infrastructure, energy optimization, and carbon capture experience to advance Spiritus’ first large-scale Wyoming project. - Dr. Sathe will focus on process engineering, improving efficiency and reducing power demand for scaled industrial systems. - Arcy will oversee project development, leveraging his experience in managing billion-dollar LNG projects to accelerate site timelines and deployment. - Their arrival signals Spiritus’ move from pilot to full-scale production, emphasizing system performance and cost reduction. - Spiritus develops integrated energy infrastructure with built-in carbon management for power-intensive customers, emphasizing modular, reliable, and verifiable carbon removal. - The company aims to deliver cost-effective, dispatchable power supporting customers’ short-term growth and long-term carbon-negative objectives. - Backed by major investors like Khosla Ventures and Aramco Ventures, Spiritus is building sustainable energy solutions that combine innovation and proven industrial expertise.

COMPANIES

LanzaTech,Chevron

TAGS

Carbon Capture Utilization and Storage

Eaton Announces the Planned Transition of Executive Vice President and Chief Financial Officer, Olivier Leonetti, Effective April 1, 2026

Full Article

November 20, 2025

Eaton Announces the Planned Transition of Executive Vice President and Chief Financial Officer, Olivier Leonetti, Effective April 1, 2026

DETAILS

- Eaton announced that Olivier Leonetti will leave his role as executive vice president and chief financial officer effective April 1, 2026, as part of a planned transition. - Leonetti will continue his responsibilities until a successor is appointed to ensure a smooth leadership change. - A comprehensive search will be conducted with the help of a third-party executive search firm to identify internal and external talent for the CFO position. - Eaton reaffirmed its full-year 2025 guidance during the announcement. - Leonetti, who joined Eaton in January 2024 and previously served five years on its board, expressed gratitude for his tenure and contributions. - CEO Paulo Ruiz praised Leonetti’s significant impact on Eaton’s growth and agility, emphasizing ongoing partnership during the transition. - Eaton remains committed to sustainability, innovation in power management, and operational excellence across diverse markets worldwide. - The company’s 2024 revenues approached 25 billion dollars, serving customers in over 160 countries. Eaton Announces the Planned Transition of Executive Vice President and Chief Financial Officer, Olivier Leonetti, Effective April 1, 2026

COMPANIES

Eaton

TAGS

Power

Enterprise Announces Expansion and Extension of Bahia NGL Pipeline; ExxonMobil to Acquire Joint Interest

Full Article

November 20, 2025

Enterprise Announces Expansion and Extension of Bahia NGL Pipeline; ExxonMobil to Acquire Joint Interest

DETAILS

- Enterprise Products Partners has agreed with ExxonMobil for Exxon to acquire a 40 percent joint interest in the Bahia NGL pipeline. - The 550-mile Bahia pipeline is beginning commissioning and will initially transport 600,000 barrels per day of NGLs from West Texas to Mont Belvieu. - The partners plan to expand capacity to 1 million barrels per day by adding pumps and constructing a 92-mile extension to Exxon’s Cowboy plant in Eddy County New Mexico. - The extension will connect to multiple Enterprise facilities in the Delaware Basin and is expected to be completed by late 2027, with ExxonMobil’s interest called the Cowboy Connector. - Enterprise will operate the combined system after the expansion, which aims to support over 30 percent growth in Permian Basin NGL production from 2024 to 2030. - The partnership highlights Enterprise’s critical role in transporting natural gas liquids and oils across North America, with extensive pipeline and storage assets. - The expansion underscores the growing importance of NGLs in the Permian Basin as production ratios of natural gas and NGLs increase relative to crude oil. - The transaction is pending regulatory approval, expected to close in early 2026, with expansion nearing completion by the end of 2027.

COMPANIES

Enterprise Products Partners L.P., ExxonMobil

TAGS

oil and gas

Castleton Commodities International LLC Completes Renewal of Credit Facilities Totaling Over $2.1 Billion

Full Article

November 20, 2025

Castleton Commodities International LLC Completes Renewal of Credit Facilities Totaling Over $2.1 Billion

DETAILS

- Castleton Commodities International LLC renewed over 2.1 billion in credit facilities, including a 1.9 billion secured borrowing base and a 210 million unsecured revolving credit line. - The secured facility comprises an 800 million one-year tranche, a 1.1 billion two-year tranche, and an accordion option of up to 1 billion for additional liquidity. - Both facilities were oversubscribed, receiving commitments exceeding 2.5 billion from 17 banks across nine countries. - The renewal highlights the strong confidence of global banking partners in CCI’s business and platform. - MUFG Bank, Société Générale, Citibank, Rabobank, Credit Agricole, ING, Natixis, and Wells Fargo served as joint lead arrangers; MUFG was global coordinator and administrative agent. - Legal counsel for lenders was provided by Cadwalader Wickersham & Taft LLP, with Hogan Lovells representing CCI. - CCI is a global energy commodities merchant involved in trading, marketing, infrastructure, and ownership of commodity assets. - The company’s focus is on energy commodities, with more info available at www.cci.com.

COMPANIES

Castleton Commodities International LLC, MUFG Bank Ltd., Société Générale, Citibank N.A., Coöperatieve Rabobank U.A., Credit Agricole Corporate and Investment Bank, ING Capital LLC, Natixis, New York branch, Wells Fargo Bank N.A., Cadwalader, Wickersham & Taft LLP, Hogan Lovells

TAGS

fundraising

Schneider Electric and Switch Expand Partnership with $1.9 Billion Supply Capacity Agreement to Power AI Factories

Full Article

November 20, 2025

Schneider Electric and Switch Expand Partnership with $1.9 Billion Supply Capacity Agreement to Power AI Factories

DETAILS

- Schneider Electric and Switch announced a $1.9 billion supply capacity agreement to expand their partnership supporting AI data centers. - The deal includes prefabricated power modules and the first North American deployment of Uniflair chillers, marking their largest cooling services engagement. - This partnership aims to support hyperscale AI growth, projected to generate over 35% of global data center workloads by 2030 and a 160% increase in power demand. - Advanced cooling systems use oil-free, variable-speed compressors and free cooling to match real-time IT loads, reducing energy consumption and overcooling. - The agreement guarantees capacity, offers integrated cooling solutions, and provides a three-year support contract for Switch’s highly dense AI and hyperscale data centers. - Switch operates multiple exascale data centers across the US that support extreme density AI workloads up to 2MW per rack. - The collaboration emphasizes scalable, energy-efficient infrastructure, positioning Switch as a leader in AI-ready data center design. - Schneider Electric’s sustainable technologies and innovative modular systems are driving resilient, adaptable infrastructure to meet the future demands of AI computing.

COMPANIES

Schneider Electric, Switch

TAGS

Power

Schneider Electric and Digital Realty Announce $373M Supply Capacity Agreement to Meet Rising Data Center Demand

Full Article

November 20, 2025

Schneider Electric and Digital Realty Announce $373M Supply Capacity Agreement to Meet Rising Data Center Demand

DETAILS

- Schneider Electric and Digital Realty have announced a $373 million supply capacity agreement to accelerate the delivery of critical infrastructure for rising data center demands driven by AI. - The partnership builds on years of collaboration, focusing on enhancing energy technology, supply chain resilience, and capacity for data center growth. - The agreement guarantees capacity for UPS, low voltage switchgear, and prefabricated skids, providing economies of scale and dedicated production lines while maintaining flexibility in a multi-vendor environment. - Digital Realty emphasizes the importance of reliable capacity to meet fast-ramping demand from AI workloads and reindustrialization efforts. - The collaboration aims to create a more agile, resilient, and future-ready supply chain, supporting the expansion of digital infrastructure across the U.S. - Schneider Electric leverages its energy technology expertise across power solutions, prefabrication, and switchgear to add capacity closer to demand centers and mitigate supply risks. - The partnership reflects a strategic shift to extend supply chain capabilities, ensuring Digital Realty can scale confidently while maintaining flexibility and resilience. - This agreement was announced at Schneider Electric's Innovation Summit in Las Vegas, highlighting their ongoing commitment to sustainable, intelligent energy solutions. < https://www.prnewswire.com/news-releases/schneider-electric-and-digital-realty-announce-373m-supply-capacity-agreement-to-meet-rising-data-center-demand-302620427.html >

COMPANIES

Schneider Electric,Digital Realty

TAGS

Power

CPS ENERGY LAUNCHES REQUEST FOR PROPOSAL FOR UP TO 600 MW OF SOLAR ENERGY

Full Article

November 20, 2025

CPS ENERGY LAUNCHES REQUEST FOR PROPOSAL FOR UP TO 600 MW OF SOLAR ENERGY

DETAILS

- CPS Energy has issued a request for proposals to acquire up to 600 MW of solar energy through one or more power purchase agreements. - This initiative aligns with the Vision 2027 plan to provide affordable, reliable, and sustainable energy to San Antonio. - The utility aims to reach over 1,600 MW of solar capacity, with more than 1,000 MW already operational, making it Texas's leading solar purchaser. - CPS Energy plans to announce a battery storage RFP by year's end, adding to the 470 MW of contracted future battery capacity. - The company's strategy supports the City of San Antonio's Climate Action and Adaptation Plan and aims for carbon neutrality by 2050. - Proposal submissions are due by January 8, 2026, via the Power Advocate Portal; solicitation documents were issued on November 13, 2025. - CPS Energy, established in 1860, is the largest public power, natural gas, and electric provider in the U.S., serving over 970,000 electric and 390,000 gas customers. - The utility emphasizes low energy bills, community investment, and economic development as core to its service and growth strategy.

COMPANIES

CPS Energy

TAGS

solar

Galvanize Leadership Update

Full Article

November 20, 2025

Galvanize Leadership Update

DETAILS

- Galvanize announced a leadership update on November 19, 2025, emphasizing its growth and strengthened foundation. - Tom Steyer has taken a formal leave of absence from his role as Co-Chair but remains a significant investor. - The company's growth is now led by CEO and Co-Chair Katie Hall along with Co-Chair Secretary John Kerry. - The leadership team includes experienced professionals with extensive expertise across various asset classes and sectors. - The update highlights Galvanize's long-term strategy built for sustained growth. - Tom Steyer's ongoing financial commitment, alongside his partner Kat Taylor, remains unchanged despite his leave of absence. - The company emphasizes its focus on platform and investment strategies with seasoned leadership. - This leadership transition aims to support Galvanize’s continued scaling and long-term success.

COMPANIES

Galvanize, Tom Steyer, Katie Hall, John Kerry

TAGS

fundraising

Brookfield Launches $100 Billion AI Infrastructure Program

Full Article

November 20, 2025

Brookfield Launches $100 Billion AI Infrastructure Program

DETAILS

- Brookfield has launched a $100 billion global AI infrastructure program partnering with NVIDIA and KIA to invest across the entire AI value chain. - The program’s flagship fund, BAIIF, aims to raise $10 billion in equity commitments and has already secured $5 billion from key institutional partners. - BAIIF plans to acquire up to $100 billion worth of AI infrastructure assets spanning energy, land, data centers, and compute resources. - Brookfield emphasizes the unprecedented scale of AI infrastructure buildout required, estimating a need for $7 trillion over the next decade. - NVIDIA’s CEO highlights the importance of land, power, and supercomputers in powering AI, with the partnership building a scalable AI cloud solution. - The fund will focus on investments in AI factories based on NVIDIA’s Vera Rubin reference design, power solutions, compute infrastructure for governments and enterprise, and strategic capital partnerships. - Brookfield recently secured a $5 billion seed investment in behind-the-meter power solutions and launched Radiant, an NVIDIA cloud partner providing full-stack AI services. - The initiative is backed by partnerships in France and Sweden supporting national AI strategies, aiming to accelerate global AI infrastructure development.

COMPANIES

Brookfield, NVIDIA, KIA, Brookfield Asset Management, Bloom Energy

TAGS

Power

New Fortress Energy Signs Forbearance Agreement

Full Article

November 18, 2025

New Fortress Energy Signs Forbearance Agreement

DETAILS

- New Fortress Energy Signs Forbearance Agreement indicates the company extended its interest payment deadline from November 17 to December 15, 2025. - The forbearance agreement involves holders of New Fortress Energy's senior secured notes due 2029, allowing the company to work constructively with stakeholders during this period. - New Fortress Energy is a global energy infrastructure firm aiming to combat energy poverty and promote the transition to affordable and clean energy. - The company specializes in natural gas and LNG infrastructure, operability of a fleet of ships, and logistics to deliver energy solutions worldwide. - NFE’s operations bolster global energy security, support economic growth, and promote environmental sustainability across local industries. - The company’s forward-looking statements acknowledge risks including operational challenges, third-party performance, permitting delays, and regulatory approvals, which could impact future results. - NFE emphasizes that actual outcomes may differ from projections due to unpredictable factors, and it does not undertake a duty to update forecasts. - Risk factors and additional disclosures are detailed in NFE’s SEC filings, with contact information provided for investors and media inquiries.

COMPANIES

New Fortress Energy

TAGS

lng

Cordelio Power Achieves Commercial Operations at 135 MW Crossover Wind Project, the First Operating Wind Project in Arkansas

Full Article

November 18, 2025

Cordelio Power Achieves Commercial Operations at 135 MW Crossover Wind Project, the First Operating Wind Project in Arkansas

DETAILS

- Cordelio Power's 135 MW Crossover Wind project in Arkansas has started commercial operations, becoming the state's first utility-scale wind facility. - The project will generate approximately 950,000 annually for Cross County and over 50 million throughout its lifetime for local landowners. - All power is sold to Microsoft under a 20-year agreement, supporting renewable energy commitments. - The project was built by M.A. Mortenson with turbines supplied and maintained by Vestas, marking Cordelio's third U.S. wind project with the manufacturer. - Project financing includes a 375 million construction loan, 173 million term loan, and 263 million tax equity investment from U.S. Bank and other lenders. - Cordelio acquired the project from Steelhead Americas in late 2023, with development starting in 2020, facilitated by legal advisement from Latham & Watkins. - The project exemplifies Cordelio’s commitment to local economic growth, renewable energy expansion, and community collaboration in Arkansas. - As an independent power producer wholly owned by Canada Pension Plan Investment Board, Cordelio manages a 1,860 MW portfolio across North America.

COMPANIES

Cordelio Power, M.A. Mortenson, Vestas, SMBC, Credit Agricole Corporate and Investment Bank, National Bank of Canada, Royal Bank of Canada, BMO, U.S. Bank, Steelhead Americas, Latham & Watkins

TAGS

Wind

Venture Global Files FERC Application for Plaquemines Expansion Project

Full Article

November 18, 2025

Venture Global Files FERC Application for Plaquemines Expansion Project

DETAILS

- Venture Global filed a FERC application and DOE export authorizations for the Plaquemines LNG expansion project, aiming to boost capacity. - The expansion was announced earlier this year and now includes an increase of nearly 40% in planned output due to market demand. - The project will add 32 modular liquefaction trains across three phases, increasing peak capacity by over 30 million metric tons per annum to surpass 58 MTPA. - The commercial timelines for phases I and II remain unchanged, while the project’s scalability offers flexibility to meet evolving market needs. - Venture Global is a leading US LNG producer with over 100 MTPA capacity, with key projects in Louisiana and a focus on low-cost LNG exports and carbon capture initiatives. - CEO Mike Sabel highlighted the project’s strategic importance and its role in maintaining infrastructure relevance amid strong demand. - The expansion supports Venture Global’s broader goal of developing scalable, efficient LNG infrastructure and advancing environmental goals through sequestration. - The company acknowledged potential risks including project financing, regulatory hurdles, construction delays, and political or environmental opposition.

COMPANIES

Venture Global, U.S. Department of Energy, Secretary of Energy Chris Wright, Secretary of the Interior Doug Burgum, Louisiana Governor Jeff Landry

TAGS

lng

Hawk Line Construction, Leading Midwest Electric Utility Infrastructure Services Provider, Announces Growth Investment from Lime Rock New Energy

Full Article

November 18, 2025

Hawk Line Construction, Leading Midwest Electric Utility Infrastructure Services Provider, Announces Growth Investment from Lime Rock New Energy

DETAILS

- Hawk Line Construction, a key Midwest utility contractor, received a growth investment from Lime Rock New Energy to support expansion of its grid modernization and reliability services. - The investment will provide capital and strategic resources for Hawk to enhance service capabilities and broaden its geographic reach across the US. - Hawk's leadership, including President and CEO Kayle Scott and co-owner Blake Mertens, will retain significant ownership and continue guiding the company's growth. - The company delivers essential services including distribution maintenance, repair, upgrade, new construction, and emergency storm response to electric utilities in the Midwest and nationwide. - The investment aligns with the rising demand for infrastructure upgrades driven by aging grids and increasing electricity needs, positioning Hawk for long-term growth benefits. - Lime Rock New Energy highlights Hawk's experienced team, safety culture, and customer relationships as foundations for sustainable expansion amidst record investments in utility infrastructure. - Financial details of the deal remain undisclosed, with Hawk advised by Piper Sandler & Co. and Koley Jessen, and Lime Rock New Energy advised by FMI Capital Advisors and Gibson Dunn. - The partnership aims to accelerate Hawk’s capacity to meet evolving utility demands and enhance grid resilience across regions. Hawk Line Construction, Leading Midwest Electric Utility Infrastructure Services Provider, Announces Growth Investment from Lime Rock New Energy

COMPANIES

Hawk Line Construction, Lime Rock New Energy

TAGS

Power

Tiger Infrastructure Partners Completes Transformational Growth Investment in ELM Utility Services, a Trusted Leader in Public Utility Locating

Full Article

November 18, 2025

Tiger Infrastructure Partners Completes Transformational Growth Investment in ELM Utility Services, a Trusted Leader in Public Utility Locating

DETAILS

- Tiger Infrastructure Partners has completed a growth investment in ELM Utility Services, a leader in utility locating services in the US. - ELM provides essential underground utility locating services required by law to prevent damage during excavations. - The company boasts a fleet of over 1,400 vehicles serving more than 60 utilities across 13 states. - Tiger will provide capital to support ELM's expansion efforts on a nationwide scale. - ELM has grown significantly over 25 years, cementing its reputation for operational excellence and service quality. - Founders and key executives will continue managing ELM with the same focus on culture and high standards, with Mr. Graves retaining a substantial equity stake. - Tiger Infrastructure aims to accelerate ELM’s growth by leveraging its business-building expertise and resources. - The investment aligns with Tiger's focus on infrastructure sectors driven by strong demand across North America and Europe.

COMPANIES

ELM Utility Services, Tiger Infrastructure Partners

TAGS

Power

Infinitum Appoints Kevin Paprzycki as Chief Financial Officer

Full Article

November 18, 2025

Infinitum Appoints Kevin Paprzycki as Chief Financial Officer

DETAILS

- Infinitum appoints Kevin Paprycki as Chief Financial Officer to lead financial strategy amidst rapid market expansion. - Kevin brings over 25 years of experience in financial leadership, specializing in scaling cleantech manufacturing firms through growth, M&A, and IPOs. - Previously CFO at Powin and Solid Power, Kevin has successfully guided companies through start-up phases and public listings. - His background includes CFO roles at Scott’s Liquid Gold and Westmoreland Coal, where he orchestrated acquisitions that tripled revenue. - CEO Ben Schuler highlights Kevin’s proven ability to boost operational and financial performance during key growth stages. - Kevin emphasizes his enthusiasm for Infinitum’s innovative, energy-efficient air-core motors that significantly reduce size, weight, and carbon footprint. - Infinitum's patented motors are three times more efficient, lighter, and environmentally friendly, opening new sustainable design possibilities. - Based in Austin, Texas, Infinitum is driven by industry pioneers intent on redefining motor technology for a greener future.

COMPANIES

Infinitum, Powin, Solid Power, Scott's Liquid Gold, Westmoreland Coal Company

TAGS

Power

California Resources Corporation Achieves MiQ ‘Grade A’ Certification for its Ventura Basin Assets

Full Article

November 18, 2025

California Resources Corporation Achieves MiQ ‘Grade A’ Certification for its Ventura Basin Assets

DETAILS

- California Resources Corporation receives a Grade A methane emissions certification for its Ventura Basin assets through MiQ, joining its Los Angeles Basin assets as certified. - CRC remains the only California and Rocky Mountain Region oil and gas producer to earn MiQ certification for its methane performance. - The certification verifies CRC's commitment to lower emissions and high standards in methane emissions management. - MiQ's certification process assesses practices, monitoring technology deployment, and methane intensity to ensure reliable, third-party verified emissions data. - CRC CEO Francisco Leon emphasizes the certification as a testament to their environmental dedication and contribution to California’s climate goals. - MiQ, a nonprofit global leader in methane certification, promotes rapid reductions in methane emissions across the oil and gas supply chain. - The recognition highlights CRC's ongoing efforts in sustainability and decarbonization, including developing carbon capture and storage projects. - CRC plans to expand MiQ certification efforts across more assets in California to reinforce transparency and accountability in emissions reductions.

COMPANIES

California Resources Corporation, CRC, MiQ

TAGS

Methane reduction

NRG Energy Receives FERC & NYSPSC Approval for LS Power Portfolio Acquisition

Full Article

November 18, 2025

NRG Energy Receives FERC & NYSPSC Approval for LS Power Portfolio Acquisition

DETAILS

- NRG Energy has received approval from FERC and NYSPSC for its acquisition of a natural gas generation portfolio from LS Power. - This approval is a key milestone in doubling NRG’s generation capacity and expanding its commercial and industrial virtual power plant platform. - The acquisition aims to enhance NRG’s ability to deliver innovative, customized energy solutions to large customers and families. - The deal is expected to close in early 2026, pending regulatory approval under the Hart-Scott-Rodino Act. - The portfolio expansion aligns with NRG’s mission to power a smarter, brighter future through reliable natural gas, electricity, and smart home solutions across North America. - The company emphasizes the importance of regulatory approvals and faces usual closing conditions and potential risks in the transaction process. - NRG remains committed to offering sustainable and flexible energy options as part of its growth strategy. - For more details, visit the provided links to NRG’s website and official announcements.

COMPANIES

NRG Energy, LS Power

TAGS

Power

Hunt Energy Company Selects Amazon Leo for Secure Satellite Connectivity to Transform Energy Operations; Announces New Division, Skyward

Full Article

November 18, 2025

Hunt Energy Company Selects Amazon Leo for Secure Satellite Connectivity to Transform Energy Operations; Announces New Division, Skyward

DETAILS

- Hunt Energy partnered with Amazon Leo to deploy secure satellite connectivity for enhanced energy operations in remote environments. - The collaboration aims to digitize workflows, improve efficiency, and bolster security across Hunt’s global infrastructure. - Amazon Leo’s satellite technology provides private, reliable, and real-time data access, enabling advanced monitoring and analytics. - Hunt launched Skyward as a new division to deliver integrated connectivity solutions, security tools, and remote power solutions. - Skyward offers managed network services, field support, security guidance, telecommunication solutions, and data center integration. - The division’s edge solutions include power options, network hardware, video management, and integrated security systems. - Skyward focuses on automating and simplifying connectivity, supporting industries with 24/7 support and enterprise-grade security. - Hunt’s move signifies a strategic push towards AI-driven infrastructure, leveraging satellite tech for seamless digital transformation.

COMPANIES

Hunt Energy Company, Amazon Leo, Skyward

TAGS

Oil and gas

Vulcan Elements Selects Benson, North Carolina, for $1 Billion Magnet Facility

Full Article

November 18, 2025

Vulcan Elements Selects Benson, North Carolina, for $1 Billion Magnet Facility

DETAILS

- Vulcan Elements will invest 1 billion dollars to build a magnet manufacturing facility in Benson North Carolina, creating 1000 new American jobs. - The Benson site was chosen after a multistate search due to its suitable size, power, transportation access, and proximity to universities, military communities, and workforce training programs. - The company aims for a 10,000 tonne production capacity of neodymium magnets vital for advanced technology and defense applications. - Vulcan Elements emphasizes workforce development by partnering with local colleges and training programs, including Johnston Community College. - This project follows a 1.4 billion dollar partnership with the U S government to develop a fully domestic vertically integrated rare earth magnet supply chain. - U S Secretary of Commerce and local officials highlight North Carolina’s strategic role in building a future-driven manufacturing hub focused on semiconductors, batteries, and magnets. - United States Senator Ted Budd praises the investment for boosting U S manufacturing, reducing reliance on Chinese supply chains, and enhancing national security. - Vulcan Elements produces high-performance NdFeB magnets critical for defense, electronics, satellites, electric motors, and next-generation technologies, aiming to reinforce America's technological independence.

COMPANIES

Vulcan Elements, ReElement Technologies

TAGS

Battery Technology

Rice Acquisition Corporation 3 Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing November 21, 2025

Full Article

November 18, 2025

Rice Acquisition Corporation 3 Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing November 21, 2025

DETAILS

- Rice Acquisition Corporation 3 will enable the separate trading of its Class A ordinary shares and warrants starting November 21, 2025, on the NYSE under KRSP and KRSP WS respectively. - Unseparated units will continue trading on the NYSE under KRSP U, with holders needing to contact the transfer agent to split their units. - The company is a blank check entity formed in the Cayman Islands by Rice Investment Group and Mercuria to pursue a business combination in the energy sector. - Its target industries broadly include upstream oil and gas, power generation, energy infrastructure, and critical metals and minerals. - Rice Investment Group is a multi-strategy energy-focused fund with investments across exploration, midstream, technology, renewable natural gas, LNG, data centers, and lithium extraction. - Mercuria is a leading global commodity trader with revenues over 100 billion dollars, active in energy, metals, shipping, biofuels, and associated investments. - The press release emphasizes that statements about future plans are forward-looking and involve risks that may prevent completion of a business merger or acquisition. - For more information, visit the provided links and contact Charles Burrus via email.

COMPANIES

Rice Investment Group, Mercuria

TAGS

oil and gas

Vertiv and Caterpillar announce energy optimization collaboration to expand end-to-end power and cooling offerings for AI data centers

Full Article

November 18, 2025

Vertiv and Caterpillar announce energy optimization collaboration to expand end-to-end power and cooling offerings for AI data centers

DETAILS

- Vertiv and Caterpillar have partnered to develop integrated energy optimization solutions for data centers, focusing on improving efficiency, resilience, and deployment speed. - The collaboration combines Vertiv’s power distribution and cooling technologies with Caterpillar’s power generation systems including turbines and engines. - The joint offering features pre-designed modular architectures that accelerate design, installation, and deployment processes for data centers. - Customers will benefit from reduced power usage effectiveness, lowering energy costs and carbon footprints through end-to-end system optimization. - The integrated solutions support on-site power and cooling, helping data centers meet the growing demand for reliable, scalable infrastructure driven by AI workloads. - Vertiv’s global support network ensures lifecycle management and maintenance, reinforcing system reliability and customer confidence. - The initiative aligns with Vertiv’s Bring Your Own Power & Cooling strategy, enabling customers to reduce dependence on the grid. - This partnership marks a significant step toward developing end-to-end energy solutions that address the unique needs of AI data centers worldwide.

COMPANIES

Vertiv, Caterpillar, Solar Turbines

TAGS

Power

Los Alamos National Laboratory and Valar Atomics Announce Project NOVA Criticality Milestone in Nevada

Full Article

November 18, 2025

Los Alamos National Laboratory and Valar Atomics Announce Project NOVA Criticality Milestone in Nevada

DETAILS

- Valar Atomics' NOVA Core achieved zero-power criticality at LANL’s NCERC in Nevada, marking a key milestone for nuclear startup. - Zero-power criticality demonstrates a self-sustaining chain reaction without active heat removal, crucial for validating nuclear core physics. - Project NOVA tests a HALEU TRISO-fueled core, modeling Valar’s Ward250 reactor scheduled to start power operations next year. - The experiments confirm Valar’s reactor design, fuel performance, and validate proprietary physics models ahead of high-temperature testing. - This milestone supports the push for commercial-scale reactors powering industry, hydrogen production, and AI infrastructure with carbon-free energy. - The collaboration underscores the importance of federal partnerships, with NCERC providing critical safety and experimental expertise under DOE oversight. - Valar’s CEO emphasizes the breakthrough as the first criticality achieved by a venture-backed company, advancing American nuclear innovation. - The project aligns with DOE goals to reach full criticality by July 2026 and accelerate private-sector nuclear capabilities.

COMPANIES

Los Alamos National Laboratory, Valar Atomics, NCERC, DOE, NNSS

TAGS

nuclear

Pike Corporation to Accelerate Growth through Partnership with TPG, La Caisse and Management

Full Article

November 17, 2025

Pike Corporation to Accelerate Growth through Partnership with TPG, La Caisse and Management

DETAILS

- Pike Corporation is receiving a majority investment from TPG and La Caisse to support grid modernization and climate resilience in the US. - TPG will invest through its Rise Climate platform, with La Caisse taking a significant minority stake, while existing management, including CEO James Wyche, remains in leadership. - The company aims to leverage the partnership to become a leading provider of energy infrastructure solutions across electric distribution, transmission, renewables, and telecommunications. - Founded in 1945, Pike employs around 12,000 staff and serves over 400 utility companies, playing a vital role in maintaining and upgrading critical electrical infrastructure. - The investment addresses escalating demands on the US power grid driven by aging assets, climate stress, and load growth, emphasizing grid resilience and modernization. - TPG and La Caisse highlight Pike’s strategic importance in ensuring reliable, affordable energy and its potential for long-term growth in the evolving energy landscape. - Pike’s leadership team, with over 200 years of combined experience, will continue to direct the company, with Pike maintaining a board role for founder J. Eric Pike. - The collaboration aligns with broader investment trends in climate and infrastructure essential for accelerating energy transition and climate adaptation efforts.

COMPANIES

Pike Corporation, TPG, La Caisse

TAGS

Power

chevron outlines plan for sustained cash flow growth at investor day

Full Article

November 17, 2025

chevron outlines plan for sustained cash flow growth at investor day

DETAILS

- Chevron's investor day outlines a five-year plan to 2030 focused on delivering sustained cash flow growth, portfolio strength, and expanding into new energy solutions. - The company projects annual free cash flow growth exceeding 10 percent at a $70 Brent oil price, with EPS growth also surpassing 10 percent. - Capex guidance is reduced to 18 to 21 billion dollars annually, maintaining a breakeven below $50 Brent through 2030 and targeting a 3 percent+ increase in return on capital employed. - Oil and gas production is expected to grow 2 to 3 percent annually through 2030, with strategic projects including a power initiative supporting AI data centers in West Texas by 2027. - Chevron has built a resilient, diversified portfolio with high-quality upstream assets and expanding downstream and chemicals operations, including two major chemicals projects set to launch in 2027. - Shareholder returns remain a priority, with a history of 7 percent annual dividend growth over 25 years, and plans to repurchase 10 to 20 billion dollars worth of shares annually at current oil prices. - The company adopts a pragmatic, returns-driven approach to new energies, developing renewable fuels, hydrogen, CCUS, lithium, and advanced power projects aligned with core strengths. - A webcast of the investor day presentation is available online, providing further insights into Chevron’s strategic priorities and growth outlook.

COMPANIES

Chevron, Hess

TAGS

oil and gas

TotalEnergies accelerates its gas-to-power integration strategy in Europe by acquiring 50% of a portfolio of flexible power generation assets from EPH

Full Article

November 17, 2025

TotalEnergies accelerates its gas-to-power integration strategy in Europe by acquiring 50% of a portfolio of flexible power generation assets from EPH

DETAILS

- TotalEnergies accelerates its gas-to-power strategy in Europe by acquiring 50 percent of a flexible power generation portfolio from EPH, creating a 50/50 joint venture. - The €5.1 billion all-stock deal makes EPH a significant shareholder, with the transaction immediately boosting TotalEnergies' free cash flow per share. - The portfolio includes over 14 GW of gas-fired, biomass, and battery assets across Europe, with a pipeline of 5 GW under development, producing approximately 15 TWh annually. - The acquisition enhances TotalEnergies' ability to integrate renewable power with flexible generation, expanding its power trading and Clean Firm Power offerings in Europe. - It amplifies the company's ability to capitalize on gas-to-power integration and its LNG supply chain, with additional net electricity production estimated at 15 TWh per year. - The deal positions TotalEnergies as a key player in European electricity markets, particularly in Italy, the UK, Ireland, the Netherlands, and France. - The transaction is expected to contribute to a rise in free cash flow and improve return on average capital employed, enabling earlier positive cash flow generation in the power segment by 2027. - It also supports the company's goal to lower annual net Capex guidance and strengthens its strategy for building an integrated, reliable, and low-carbon energy portfolio in Europe.

COMPANIES

TotalEnergies, EPH

TAGS

Power

Google’s investments run deep in the heart of Texas.

Full Article

November 17, 2025

Google’s investments run deep in the heart of Texas.

DETAILS

- Google is making a $40 billion investment in Texas through 2027 to expand cloud and AI infrastructure. - New data center campuses will be built in Armstrong and Haskell Counties, with a focus on sustainable energy. - The company is committed to responsible growth by integrating new energy resources and funding community energy efficiency initiatives. - A $30 million Energy Impact Fund will support Texas energy projects, while firm commitments include over 6,200 megawatts of new energy generation. - One of the new Haskell County data centers will be paired with solar and battery storage facilities. - Google is partnering with electrical training ALLIANCE to train over 1,700 apprentices and double the electrical workforce in Texas by 2030. - This investment aims to bolster Texas’ economy, workforce, and infrastructure while maintaining U.S. leadership in AI technology. - Google’s investments run deep in the heart of Texas.

COMPANIES

Google

TAGS

Power

Enbridge Adding Canadian Egress to Key U.S. Refining Markets, Enhancing North American Energy Security

Full Article

November 17, 2025

Enbridge Adding Canadian Egress to Key U.S. Refining Markets, Enhancing North American Energy Security

DETAILS

- Enbridge has announced the final investment decision on the Mainline Optimization Phase 1 project to boost capacity and meet rising demand for Canadian heavy oil exports to US Midwest and Gulf Coast refineries. - The project will cost approximately US$1.4 billion and is expected to increase mainline capacity by 150 thousand barrels per day and Flanagan South Pipeline capacity by 100 thousand barrels per day, with completion targeted for 2027. - MLO1 will enhance throughput through upstream optimizations, terminal upgrades, and new pump stations, leveraging existing infrastructure including the Seaway Pipeline. - Long-term take-or-pay contracts underpin the Flanagan South Pipeline expansion, with most customers extending their contracts for another decade, ensuring attractive, stable returns. - Enbridge emphasizes that the project supports Canadian energy production, improves North American energy security, and utilizes existing networks to meet future demand efficiently. - The company highlights the importance of infrastructure investments for secure, affordable energy and ongoing developments in renewable energy technologies. - Forward-looking statements note potential risks including commodity prices, regulatory approvals, supply chain stability, and geopolitical factors, with no obligation to update projections. - Enbridge's operations focus on connecting millions to energy through natural gas, oil, renewable power, and emerging technologies such as hydrogen and carbon capture.

COMPANIES

Enbridge Inc, Enterprise Products Partners L.P

TAGS

oil and gas

Net Power Reports Third Quarter 2025 Results and Provides Business Update

Full Article

November 15, 2025

Net Power Reports Third Quarter 2025 Results and Provides Business Update

DETAILS

- Net Power reported its third quarter 2025 financial and operational results, emphasizing continued focus on low-carbon power solutions fueled by natural gas. - The company has expanded its strategy to develop clean power projects using gas turbines with post-combustion carbon capture technology. - A strategic partnership with Entropy aims to deploy Entropy’s PCC technology nationwide, with projects progressing in Permian Basin and northern MISO. - The Permian project plans to generate up to 1GW of clean power, with a final investment decision expected in early 2026 and commercial operation targeted for 2028. - The MISO hub includes a 300MW site with plans for Phase I deployment by 2027 and commercial operations as early as 2029, pending site and permit approvals. - Technological advancements include high-pressure testing at La Porte and a non-cash impairment on oxy-combustion assets due to slower market acceptance; Phase I testing is near completion. - Net Power maintains a strong cash position of approximately 424 million dollars, prioritizing near-term power projects while investing in long-term oxy-combustion tech. - Leadership emphasizes leveraging strategic partnerships and site development to meet rising demand for clean, reliable gas power amid regulatory and market shifts.

COMPANIES

Net Power, Entropy, Baker Hughes, Occidental

TAGS

Power

Caprock Midstream II Expands Asset Footprint in South Texas and Welcomes New CEO Steve Jones

Full Article

November 13, 2025

Caprock Midstream II Expands Asset Footprint in South Texas and Welcomes New CEO Steve Jones

DETAILS

- Caprock Midstream II expanded its South Texas operations by acquiring over 90 miles of 16 and 20-inch residue gas pipelines across key counties. - The pipelines run through Webb, La Salle, McMullen, and Live Oak Counties, delivering to the Transco market to support regional production growth. - The expansion enhances connectivity and bolsters the company's ability to meet increasing demand from dry-gas producers. - It demonstrates Caprock's ongoing commitment to operational excellence, reliability, and strategic regional investments. - Steve Jones was appointed CEO, bringing over 25 years of experience in energy and midstream leadership, with a focus on growth and performance. - Jones emphasizes strengthening service capabilities and leveraging opportunities stemming from activity in the Eagle Ford and Austin Chalk formations. - Caprock prioritizes safety, environmental stewardship, and innovative solutions to generate long-term value for stakeholders. - The company is backed by Energy Spectrum Partners VIII, LP, a private equity fund focused on infrastructure investments in Texas.

COMPANIES

Caprock Midstream II, Energy Spectrum Capital

TAGS

oil and gas

Oklo Expands Collaboration with Idaho National Laboratory on Advanced Fuels and Materials

Full Article

November 13, 2025

Oklo Expands Collaboration with Idaho National Laboratory on Advanced Fuels and Materials

DETAILS

- Oklo signed a memorandum of understanding with Idaho National Laboratory to enhance collaboration on advanced fuel and materials research supporting commercial deployment. - The partnership leverages Oklo’s Aurora-INL power plant to generate valuable fast neutron irradiation data in-reactor, which is critical for modern fast reactor development. - Data from Aurora-INL will improve reactor fuel manufacturing, reduce costs, and advance Oklo’s recycling initiatives through analysis at INL’s Materials and Fuels Complex. - Oklo aims to accelerate fuel and material refinement by utilizing real-world irradiation data under commercial conditions, reinforcing U.S. leadership in advanced nuclear energy. - The collaboration was driven by DOE-supported projects including the Advanced Fuels Campaign and GAIN, facilitating testing strategies for Aurora-INL’s operations. - Oklo’s Aurora-INL plant, groundbroken in September 2025, is part of the DOE’s Reactor Pilot Program aimed at fast-tracking advanced nuclear deployment. - INL, managed by Battelle Energy Alliance for the DOE, is a national hub for nuclear energy innovation, supporting both commercial and strategic national interests. - Oklo is pioneering fast fission plants, developing nuclear fuel recycling, and working with U.S. labs to modernize nuclear technology and supply chain resilience.

COMPANIES

Oklo Inc., Battelle Energy Alliance, Idaho National Laboratory

TAGS

nuclear

Enphase Energy Announces Partnership with Green Mountain Power to Launch Innovations in Vermont including the Home Battery Lease Program

Full Article

November 13, 2025

Enphase Energy Announces Partnership with Green Mountain Power to Launch Innovations in Vermont including the Home Battery Lease Program

DETAILS

- Enphase Energy partners with Green Mountain Power in Vermont to launch grid innovations including a home battery lease program. - GMP's battery lease scheme offers a ten-year lease of two IQ Battery 10C units at 55 dollars monthly or a one-time 5500 dollar payment, with a 15-year warranty. - The program is central to GMP's 75 MW virtual power plant, Vermont's largest dispatchable energy source, reducing costs and enhancing grid resilience. - The partnership plans to introduce the IQ Bidirectional Electric Vehicle Charger in 2026, enabling EVs to power homes and support the grid during peak and contingency events. - GMP's initiatives aim to improve reliability, allow more energy independence, and transform the grid into a flexible, two-way, interconnected system. - Enphase’s advanced energy systems, now with U.S.-manufactured IQ Battery 10C units meeting domestic content rules, bolster utility and homeowner energy management. - GMP customers can access detailed program info and enroll via Enphase’s website, reinforcing a shift toward sustainable, resilient energy solutions. - Enphase emphasizes its role in creating a cleaner, more reliable grid with innovative, utility-grade tech deployed worldwide.

COMPANIES

Enphase Energy, Green Mountain Power

TAGS

solar

Amogy and Samsung Heavy Industries Sign Strategic Partnership for Manufacturing of Amogy's Ammonia-to-Power Systems

Full Article

November 13, 2025

Amogy and Samsung Heavy Industries Sign Strategic Partnership for Manufacturing of Amogy's Ammonia-to-Power Systems

DETAILS

- Amogy and Samsung Heavy Industries have announced a strategic multi-year partnership to manufacture ammonia-to-power systems, starting with units for a project in Pohang in 2026. - SHI will establish a dedicated manufacturing facility in South Korea to produce, test, and optimize Amogy’s systems, enhancing scalability and reliability. - The partnership builds on prior collaboration to develop ammonia-based power systems for ships and aims to extend these solutions to land-based distributed power generation. - Amogy’s proprietary technology efficiently cracks ammonia into hydrogen on-site for use in fuel cells or engines, producing zero carbon emissions and scalable, modular power solutions. - SHI will develop testing standards, establish protocols, and expand its ammonia demonstration facility at Geoje Shipyard through 2025 to support production and testing efforts. - The collaboration emphasizes South Korea’s leadership in clean energy innovation, focusing on decarbonization for maritime and industrial sectors across Asia. - Amogy aims to accelerate commercialization with SHI’s manufacturing expertise, advancing decarbonization and enabling scalable clean energy solutions. - Investors in Amogy include Amazon’s Climate Pledge Fund, SK Innovation, Aramco Ventures, Mitsubishi, Samsung Heavy Industries, and others, reflecting strong industry backing. More details here.

COMPANIES

Amogy, Samsung Heavy Industries

TAGS

Ammonia

EV Realty Secures Additional Investment from Outpost, a GreenPoint Portfolio Company, Adds to Real Estate Portfolio with Stockton Property Acquisition

Full Article

November 13, 2025

EV Realty Secures Additional Investment from Outpost, a GreenPoint Portfolio Company, Adds to Real Estate Portfolio with Stockton Property Acquisition

DETAILS

- EV Realty received an additional investment from Outpost, a GreenPoint portfolio company, to expand its Powered Properties portfolio for trucking electrification. - The company acquired a 4-acre logistics property in Stockton California for truck parking and future high-power charging hub development. - The Stockton site is strategically located near major freight routes, Stockton Airport, and the Port of Stockton, facilitating freight and logistics operations. - EV Realty plans to operate the site initially for truck and trailer parking while developing a large-scale, grid-connected charging infrastructure for medium and heavy-duty trucks. - The investment deepens GreenPoint’s focus on transport infrastructure and electrification, complementing previous investments in other regions and sectors. - The company’s strategy leverages real estate acquisitions to quickly advance fleet electrification in power-constrained markets while reducing costs. - EV Realty's network of fleet charging hubs is expanding through shared infrastructure and strategic locations, supported by strong investor backing including NGPs recent 75 million dollar commitment. - EV Realty, Outpost, and joint partners aim to create a robust, scalable network to meet the logistical and charging needs of an evolving electrified freight industry.

COMPANIES

EV Realty, Outpost, GreenPoint, Lysara, Dayton Street Partners, Prologis

TAGS

Power

EV Realty Secures Additional Investment from Outpost, a GreenPoint Portfolio Company, Adds to Real Estate Portfolio with Stockton Property Acquisition

Full Article

November 13, 2025

EV Realty Secures Additional Investment from Outpost, a GreenPoint Portfolio Company, Adds to Real Estate Portfolio with Stockton Property Acquisition

DETAILS

- EV Realty received additional assets from Outpost, a GreenPoint portfolio company, to support its fleet electrification and logistics efforts. - The company acquired a 4-acre logistics property in Stockton California to serve freight and trailer parking needs. - The Stockton site is strategically located near major transportation hubs including Stockton Airport and key highways, with plans to develop a large-scale EV charging hub. - EV Realty's Powered Properties strategy focuses on creating reliable, low-cost EV charging infrastructure along critical freight corridors. - The GreenPoint investment complements prior commitments including a recent 75 million dollars from NGP, strengthening EV Realty’s network of charging hubs in California. - The Stockton asset builds on existing infrastructure like the San Bernardino charging hub, forming part of a statewide shared fleet charging network. - EV Realty’s approach reduces costs by aggregating fleet demands onto private, scalable grid power, promoting faster and more affordable electrification. - Supported by strong investor backing and strategic partnerships, EV Realty aims to expand its portfolio and serve more fleets across evolving markets.

COMPANIES

EV Realty, Outpost, GreenPoint, Lysara, Dayton Street Partners, Prologis

TAGS

Power

ENGIE to Supply Planet-Friendly Power to AstraZeneca Texas Manufacturing Site

Full Article

November 13, 2025

ENGIE to Supply Planet-Friendly Power to AstraZeneca Texas Manufacturing Site

DETAILS

- ENGIE Resources signed a nine-year renewable energy supply agreement with AstraZeneca to support its Texas manufacturing site through 2034. - The deal involves sourcing solar power and Renewable Energy Credits from the 114MW Tyson Nick Solar Project in Lamar County, Texas. - The partnership aims to reduce AstraZeneca’s carbon dioxide emissions by approximately 94,447 metric tons, equivalent to burning 105 million pounds of coal. - This initiative highlights AstraZeneca's commitment to sustainability and decarbonization, aligning with its verified climate goals by the Science-Based Targets Initiative. - ENGIE will deliver renewable energy that advances AstraZeneca’s efforts to lower emissions and build a resilient, environmentally responsible supply chain. - AstraZeneca’s strategic relationship with ENGIE demonstrates a focus on global health and environmental sustainability as it expands U.S. manufacturing capacity. - ENGIE North America, based in Houston, is a leader in low-carbon energy solutions, committed to accelerating the transition to a carbon-neutral world through renewable projects and efficiency initiatives. - The partnership underscores the role of corporate climate leadership and innovative energy solutions in advancing responsible growth for both organizations.

COMPANIES

ENGIE, AstraZeneca, Tyson Nick Solar Project

TAGS

Renewables

rPlus Energies Acquires 900 MW of Solar and Storage Projects in Ada County, Idaho

Full Article

November 13, 2025

rPlus Energies Acquires 900 MW of Solar and Storage Projects in Ada County, Idaho

DETAILS

- rPlus Energies acquired two solar and storage projects in Ada County Idaho, totaling 900 MW of capacity, making it the state's largest solar and storage developer. - The Blacks Creek Energy Center includes 400 MW of solar and a 200 MW storage phase, while Bluebird Solar adds 200 MW of solar and 100 MW of storage, with operations expected in 2027 and 2028. - These projects expand rPlus’s existing presence in Ada County, complementing their downtown Boise office and other regional solar developments. - The four projects, including Pleasant Valley Solar 1 and 2, represent over 1.4 billion dollars in planned investment and more than 1.2 GW of combined capacity. - rPlus CEO Luigi Resta emphasized Idaho’s growth potential and the company's commitment to delivering reliable, homegrown energy to the region. - The Boise Metro Chamber’s CEO highlighted the importance of these investments for local economic growth and regional competitiveness. - Legal advisors for the acquisitions were Latham & Watkins LLP for Blacks Creek and Dorsey & Whitney LLP for Bluebird Solar. - rPlus Energies specializes in large-scale renewable projects across the US, with a diverse portfolio and backing from Sandbrook Capital and Gardner Group.

COMPANIES

rPlus Energies, Qcells, Mission Clean Energy, Pleasant Valley Solar 1, Pleasant Valley Solar 2

TAGS

Renewables

World’s First Commercial Ethanol-to-Jet Fuel Plant Operational

Full Article

November 13, 2025

World’s First Commercial Ethanol-to-Jet Fuel Plant Operational

DETAILS

- LanzaJet has operationalized the world’s first commercial-scale plant converting ethanol into jet fuel, demonstrating viability for renewable aviation fuel. - The plant in Soperton, Georgia, produces jet fuels compatible with current aircraft without relying on lipids or oils, using ethanol derived from diverse domestic and recycled feedstocks. - Ethanol, as a versatile platform molecule, can be produced from waste gases, agricultural residues, and captured CO₂, enhancing local energy security and utilizing distributed carbon sources. - The breakthrough validates ethanol's role in expanding sustainable aviation fuels, unlocking a vast market worth hundreds of billions globally and enabling community-driven fuel production. - LanzaTech’s decade-long ecosystem pioneered ethanol-to-sustainable aviation fuel technology, with early successes including ASTM approval and commercial flights with airlines like Virgin Atlantic and All Nippon Airways. - The project’s strategic spin-out of LanzaJet aimed to accelerate commercialization, supported by major investors including Airbus, British Airways, Shell, Mitsui, and government agencies. - The technology not only advances cleaner energy but also builds resilient local economies by transforming waste into valuable fuels, contributing to the circular carbon economy. - This milestone cements ethanol’s critical role in future fuel landscapes and demonstrates scalable solutions for reducing aviation’s carbon footprint globally.

COMPANIES

LanzaTech, LanzaJet, Virgin Atlantic, All Nippon Airways, Mitsui, British Airways, Groupe ADP, Microsoft’s Climate Innovation Fund, MUFG, Southwest Airlines

TAGS

Low carbon fuels

Blackstone Energy Transition Partners Announces $1.2 Billion Investment to Build First-ever Natural Gas Power Generation Facility in West Virginia

Full Article

November 13, 2025

Blackstone Energy Transition Partners Announces $1.2 Billion Investment to Build First-ever Natural Gas Power Generation Facility in West Virginia

DETAILS

- Blackstone Energy Transition Partners announced a $1.2 billion investment to develop Wolf Summit Energy, a 600-megawatt natural gas power plant in West Virginia. - The project will be the first-ever combined-cycle natural gas plant in West Virginia, designed to provide efficient and reliable power for local needs including AI-driven data centers. - Construction will generate 500 jobs and stimulate local economic growth, supporting West Virginia's emerging status as an energy hub. - The plant will utilize GE Vernova's advanced 7HA.02 turbine, capable of meeting rising demand from industries like AI and data centers in the PJM grid. - Blackstone has invested heavily in energy infrastructure, including recent projects like Hill Top Energy Center and Potomac Energy Center, totaling thousands of megawatts of new power capacity. - The initiative aligns with Blackstone’s focus on investing in energy solutions that deliver affordable, cleaner, and more dependable power worldwide. - West Virginia's governor highlighted the investment as a sign of the state's growing leadership in the energy sector and economic development. - Blackstone is the world's largest alternative asset manager, managing over 1.2 trillion dollars across various sectors including infrastructure, real estate, and private equity.

COMPANIES

Blackstone, Wolf Summit Energy, GE Vernova, Old Dominion Electric Cooperative, Hill Top Energy Center, Potomac Energy Center

TAGS

Power

Cenovus announces closing of MEG Energy acquisition

Full Article

November 13, 2025

Cenovus announces closing of MEG Energy acquisition

DETAILS

- Cenovus Energy completed its acquisition of MEG Energy strengthening its oil sands portfolio with top-tier, low-cost assets adjacent to Christina Lake. - The total deal involved paying 752 million dollars for 25 million MEG shares, plus 3.44 billion dollars to MEG shareholders other than Cenovus and issuing 143.9 million Cenovus shares. - Approximately 800 million dollars of net debt was assumed upon closing the deal. - The acquisition adds about 110,000 barrels per day of long-life, low-cost oil sands production to Cenovus. - Cenovus’s CEO highlighted the strategic fit, asset quality, and expected short and long-term value creation from synergies. - MEG shares are expected to be delisted from the Toronto Stock Exchange on November 14 2025. - Updated guidance reflecting this acquisition will be provided with Cenovus’s 2026 budget on December 11 2025. - The deal’s completion involves forward-looking statements subject to risks and uncertainties, including economic conditions, regulatory changes, and integration challenges. - More details available at Cenovus announces closing of MEG Energy acquisition.

COMPANIES

Cenovus Energy Inc., MEG Energy Corp

TAGS

oil and gas

Exowatt Raises Additional $50 Million to Accelerate U.S. Rollout of Dispatchable Solar for the AI Era

Full Article

November 13, 2025

Exowatt Raises Additional $50 Million to Accelerate U.S. Rollout of Dispatchable Solar for the AI Era

DETAILS

- Exowatt has secured an additional 50 million dollars to accelerate the deployment of dispatchable solar energy systems across the U.S. for AI data centers and industrial sites. - The company has raised 140 million dollars in less than two years, reflecting strong investor confidence and growing market demand. - Exowatt’s P3 system is modular and can store solar heat for 24/7 power, reducing reliance on grid constraints and enabling rapid siting near load centers. - The new funding, led by MVP Ventures and 8090 Industries, extends from a previous 70 million dollar Series A round, with notable investors including Felicis and early angel investors like Sam Altman and Leonardo DiCaprio. - Market demand for power from data centers is expected to increase by 150 percent by 2030, driving the need for reliable, clean energy solutions like Exowatt’s technology. - Industry leaders emphasize that Exowatt’s dispatchable, domestically produced solar can provide immediate, firm power essential for the AI-driven energy transition. - Exowatt aims to scale quickly to meet surging energy needs, supporting American-made technology that advances U.S. energy dominance at the edge of load. - The company’s mission is to make sustainable renewable energy almost free, tailored for energy-heavy applications, with a focus on fast, reliable power delivery.

COMPANIES

Exowatt, MVP Ventures, 8090 Industries, Felicis, The Florida Opportunity Fund, DeepWork Capital, Dragon Global, Massive VC, New Atlas Capital, BAM, Overmatch, Protagonist, StepStone, Atomic, Bay Bridge Ventures, a16z, Atomic, Felicis, Sam Altman

TAGS

Renewables

Harbinger Raises $160 Million in Series C Funding Co-Led by FedEx, Capricorn and THOR Industries; FedEx Places Order for Delivery Beginning in 2025

Full Article

November 13, 2025

Harbinger Raises $160 Million in Series C Funding Co-Led by FedEx, Capricorn and THOR Industries; FedEx Places Order for Delivery Beginning in 2025

DETAILS

- Harbinger raised 160 million dollars in a Series C funding round co-led by FedEx Capricorn and THOR Industries, raising the company's total to 358 million dollars. - FedEx placed an initial order for 53 Harbinger electric medium-duty trucks to support its network transformation and sustainability goals, with deliveries starting in 2025. - Harbinger’s proprietary all-electric chassis includes in-house designed major vehicle systems, enabling cost-effective, high-performance, durable vehicles tailored for commercial use. - The trucks, designed for last-mile delivery, feature advanced safety tech, driver comfort enhancements, and modular batteries with ranges from 140 to over 200 miles. - Harbinger manufactures all vehicles domestically in the US, emphasizing onshore production and resilience amidst global trade challenges. - THOR Industries' Entegra Coach unveiled the Embark, the world’s first range-extended electric Class A motorhome, integrating Harbinger’s EV chassis with a low-emissions gasoline range extender. - The company's innovative EV platform supports the broader shift toward electric fleet adoption, with a focus on operational cost savings and environmental impact. - This strategic investment and product rollout showcase Harbinger’s role in electrifying and modernizing medium-duty commercial and recreational vehicle markets.

COMPANIES

Harbinger, FedEx, Capricorn, THOR Industries, Entegra Coach, Ridgeline, Tiger Global, Leitmotif, Maniv Mobility, Schematic Ventures, Overture Climate, Ironspring Ventures, ArcTern Ventures, Litquidity Ventures, The Coca-Cola System Sustainability Fund, Greycroft

TAGS

fundraising

HARVEST MIDSTREAM CLOSES $1 BILLION ROCKIES ACQUISITION FROM MPLX

Full Article

November 13, 2025

HARVEST MIDSTREAM CLOSES $1 BILLION ROCKIES ACQUISITION FROM MPLX

DETAILS

- Harvest Midstream completes a $1 billion acquisition from MPLX, expanding its natural gas gathering and processing network in the Uinta and Green River basins. - The acquisition enhances Harvest's presence in Wyoming, Utah, and Colorado, making it one of the largest privately held midstream companies in the U.S. - The assets include approximately 700 miles of gas gathering pipelines in the Uinta Basin with 345 million cubic feet per day of processing capacity. - The Green River Basin assets comprise about 800 miles of pipelines, 500 million cubic feet per day of processing capacity, and 10,000 barrels per day of fractionation capacity. - Harvest will operate these assets, ensuring continued reliable service while pursuing growth in key U.S. energy basins. - CEO Jason C. Rebrook emphasizes the deal supports growth through strategic action, focusing on high-demand energy production regions. - Harvest has expanded rapidly through acquisitions, solidifying its role across multiple U.S. basins including Bakken and Alaska. - The company focuses on gathering, storage, transportation, treatment, and terminalling of crude oil and natural gas, positioning as a key infrastructure provider.

COMPANIES

Harvest Midstream, MPLX

TAGS

oil and gas

Anthropic invests $50 billion in American AI infrastructure

Full Article

November 12, 2025

Anthropic invests $50 billion in American AI infrastructure

DETAILS

- Anthropic announces a $50 billion investment in American AI infrastructure, building custom data centers in Texas and New York to support advanced workloads. - The project will create around 800 permanent jobs and 2,400 construction roles, with facilities opening throughout 2026. - This initiative aims to bolster American AI leadership and enhance domestic technology infrastructure in line with the AI Action Plan. - CEO Dario Amodei emphasizes that improved infrastructure is crucial for developing capable AI systems that can accelerate scientific discovery. - Anthropic's work focuses on safety, alignment, interpretability, and serving over 300,000 business customers, with large accounts growing sevenfold in a year. - Fluidstack is chosen for its agility and ability to deliver gigawatts of power quickly, essential for supporting rapid AI development. - The investment addresses the rising demand for Anthropic’s AI model Claude from hundreds of thousands of businesses worldwide. - The company remains committed to cost-effective, capital-efficient growth to maintain research at the frontier and meet expanding global needs.

COMPANIES

Anthropic, Fluidstack

TAGS

Power

TotalEnergies to Supply Renewable Power to Google’s Data Centers for 15 Years

Full Article

November 12, 2025

TotalEnergies to Supply Renewable Power to Google’s Data Centers for 15 Years

DETAILS

- TotalEnergies and Google signed a 15-year PPA to supply 1.5 TWh of renewable electricity from TotalEnergies' Montpelier solar farm in Ohio. - The solar farm, connected to the PJM grid, will power Google's Ohio data centers and is nearing completion. - The deal aligns with Google's strategy to increase carbon-free energy and supports TotalEnergies' goal to meet rising energy demands with renewable assets. - TotalEnergies is deploying a 10 GW renewable portfolio in the U.S. including solar, wind, and storage projects across PJM and ERCOT markets. - Google's digital infrastructure reliance emphasizes the importance of reliable clean energy, with collaboration supporting broader economic growth in Ohio. - TotalEnergies has an extensive portfolio of renewable and flexible assets with aims to reach 35 GW of capacity and 100 TWh of net electricity production by 2030. - The agreement follows deals with other major corporations like Amazon, Microsoft, and LyondellBasell, demonstrating its expanding corporate renewable supply footprint. - TotalEnergies remains committed to integrating sustainability into its global energy strategy, actively investing in renewable projects across multiple markets.

COMPANIES

TotalEnergies, Google, Data4, STMicroelectronics, Saint-Gobain, Air Liquide, Amazon, LyondellBasell, Merck, Microsoft, Orange, Sasol

TAGS

Power

Voya Energy Launches to Develop Metal Fuels Technology, Accelerating Universal Energy Availability

Full Article

November 12, 2025

Voya Energy Launches to Develop Metal Fuels Technology, Accelerating Universal Energy Availability

DETAILS

- Voya Energy announced its public launch and closed a $13 million seed funding round led by Energy Impact Partners to develop a new energy delivery system. - The company focuses on metal fuels which are abundant, energy-dense, recyclable materials capable of storing and releasing large amounts of clean energy. - Voya’s proprietary technology converts recycled metals into safe, durable fuels enabling fast, flexible power deployment independent of traditional grid infrastructure. - The approach aims to create a reliable, portable energy solution that addresses global demand for clean, resilient power especially in underserved regions. - The funding will accelerate the commercialization of Voya’s metal fuel technology and its potential to transform distributed energy generation. - The founding team comprises experienced entrepreneurs and researchers with a strong background in energy, technology, and national security. - Investors including Founders Fund and several venture firms support Voya’s mission to deliver an affordable, reliable, and clean electric future. - The company envisions a radical shift towards decentralized, grid-independent energy systems powered by recyclable metal fuels.

COMPANIES

Voya Energy, Energy Impact Partners, Founders Fund, 8090 Industries, Overmatch, IQT, Trust Ventures, Seven Stars, Liquid 2 Ventures, SV Angel

TAGS

Low carbon fuels

Treaty Oak Clean Energy and Google Enter into a Long-Term Power Purchase Agreement of 100 MW of Solar Energy in Grant County, Arkansas

Full Article

November 12, 2025

Treaty Oak Clean Energy and Google Enter into a Long-Term Power Purchase Agreement of 100 MW of Solar Energy in Grant County, Arkansas

DETAILS

- Treaty Oak Clean Energy signed a 15-year PPA with Google for 100 MW of solar power from the Redfield Solar Project in Arkansas. - The project spans 1,033 acres, with expected operational start in Q2 2026 and $123 million in financial closing achieved in December 2024. - The project created 275 peak construction jobs and will generate $9 million in local and state tax revenue over its lifetime. - Google will solely offtake the clean energy, supporting data centers across the Midcontinent Independent System Operator region. - Treaty Oak emphasizes its ability to deliver scalable, profitable, and community-beneficial clean energy solutions to major corporate buyers. - The project’s donation of $100,000 will aid the county’s library expansion, underscoring local community investment. - Google's collaboration with Treaty Oak aligns with a trend of large-scale buyers shifting towards decarbonized, resilient energy sourcing. - This partnership enhances Arkansas’s energy infrastructure and exemplifies corporate commitments to sustainability and clean energy.

COMPANIES

Treaty Oak Clean Energy, Google

TAGS

Renewables

Baytex to Divest of U.S. Eagle Ford Assets to Advance Higher-Return Canadian Core Portfolio

Full Article

November 12, 2025

Baytex to Divest of U.S. Eagle Ford Assets to Advance Higher-Return Canadian Core Portfolio

DETAILS

- Baytex announced the sale of its U.S. Eagle Ford assets for approximately 3.25 billion dollars to strengthen its Canadian focus. - The transaction enhances Baytex's financial position, allowing debt repayment and supporting shareholder returns including potential share buybacks and dividend maintenance. - Proceeds from the sale will be used to pay off credit facilities and 2030 Senior Notes, with a net cash position expected post-transaction. - The company will intensify its Canadian heavy oil operations and develop the Pembina Duvernay, targeting 3-5% annual production growth at current oil prices. - Baytex’s Canadian assets delivered 65,000 barrels of oil equivalent per day in early 2025, with a large inventory supporting 10 years of drilling. - The Eagle Ford assets had proved plus probable reserves of 401 million boe and produced around 82,765 boe/d as of Q3 2025, representing the entire U.S. business. - The transaction, expected to close in late 2025 or early 2026, is subject to customary approvals including regulatory and antitrust clearances. - Post-transaction, Baytex aims to leverage its streamlined portfolio for disciplined growth, value creation, and strong shareholder returns.

COMPANIES

Baytex Energy Corp., RBC Capital Markets, Scotiabank, Goldman Sachs Canada Inc., Vinson & Elkins LLP, Burnet, Duckworth & Palmer LLP

TAGS

oil and gas

CAPTION

The archive

SUNYA SCOOP NEWSLETTER

SUNYA STORIES PODCAST

SUNYA ENERGY NEWS

SUNYA SCOOP

Join thousands of energy pros

Thank you! Your submission has been received!

Ooops! Something went wrong.

100% FREE

UNSUBSCRIBE ANYTIME

Linkedin Spotify Twitter