.svg)
Stone Ridge acquires Wincoram to scale $7B+ energy asset strategy
Microsoft signs 1.4M tonne reforestation carbon removal deal with Living Carbon
Exowatt closes $70M Series A to scale 24/7 solar heat-to-power system
Google signs first offshore wind deal in APAC, expanding Taiwan energy portfolio
China’s CNOOC inks LNG deal with UAE’s ADNOC amid U.S. tariff standoff
Crescent Energy sells Permian non-op assets for $83M to cut debt
Devon Energy launches plan to unlock $1B in annual FCF by 2026
The almost headlines
In case you missed
Check out the latest episode of Sunya Stories with Andrew Schaper
Andrew Schaper is Founder of Schaper Energy Consulting.
You can find it on Spotify.
Deal adds 10+ GW of experience to a portfolio targeting energy efficiency and gas monetization.
Stone Ridge and Wincoram have jointly deployed $7B into 10+ GW of energy assets
Acquisition strengthens Stone Ridge’s financial and operational capabilities
Follows NYDIG’s recent buy of Crusoe’s bitcoin mining business with a focus on flare mitigation
Combined strategy aims to monetize stranded gas and cut energy waste
Move positions Stone Ridge to reshape U.S. energy efficiency and digital infrastructure
Restoring 25,000 acres of Appalachian mine lands into climate-positive forests.
1.4M tonnes of CDR credits from U.S. reforestation projects
Targets degraded former coal mine lands in Appalachia
Verified by Isometric’s science-led Reforestation Protocol
Project brings biodiversity, water, and job benefits to rural communities
Living Carbon backed by Temasek, Toyota Ventures; aims to scale nationwide
Modular P3 tech draws 90 GWh backlog as AI data center demand surges.
$35M equity (led by Felicis) + $35M debt (HSBC); total funding now $90M
Additional investors include Andreessen Horowitz, 8090 Industries, Starwood Capital, Thrive Capital and others.
P3 captures and stores solar heat, then converts to electricity
Tailored for 24/7 commercial energy loads—especially data centers
U.S. deployments begin in 2025; data center power demand expected to 2.5x by 2030
Backed by Ember Infrastructure, Caban scales sustainable power for telecoms and infra clients.
$50M equity round supports deployment across 12+ countries
Targets fossil-fuel dependent industries in LATAM, the Caribbean, and U.S.
Offers turnkey clean energy systems with zero upfront capex for clients
Combining hardware, software, service, and financing for reliable clean power
New PPA with CIP’s Fengmiao I wind project boosts regional 24/7 carbon-free energy goal.
First corporate buyer from Taiwan’s Round 3.1 auction
Project to power Google’s data centers and cloud ops by 2027
Builds on solar and geothermal purchases in Taiwan
Accelerates Google's push toward global 24/7 clean energy coverage
New 5-year agreement bypasses U.S. gas as trade tensions reshape global LNG flows.
CNOOC signs 5-year LNG deal for 500K tonnes/year from ADNOC starting in 2026
Joins ENN (15-year, 1M tonnes/year starting 2028) and Zhenhua Oil in sourcing UAE LNG
China imported zero U.S. LNG in March, per Kpler and LSEG data
Trade war pushes Chinese firms to offload U.S. cargoes and avoid new U.S. contracts
U.S. accounted for 5% of China’s LNG imports in 2024
Part of $250M divestiture strategy to streamline and deleverage portfolio.
3 Mboe/d (35% oil) asset sold in Reeves County, TX
Proceeds used to pay down revolving credit facility
Sale effective Dec. 31, 2024; full 2025 guidance to follow Q1 earnings
CEO Rockecharlie says deal boosts capital efficiency and core focus
New optimization plan focuses on production uplift, capital discipline, and cost cuts.
Targets $1B pre-tax FCF uplift by year-end 2026
~$300M expected by end of 2025
Strategy includes base production gains, better midstream terms, and leaner operations
CEO Clay Gaspar frames it as a return-focused strategy in a volatile market
More details expected during Q1 2025 earnings call on May 7
Chevron starts up deepwater Ballymore oil project in Gulf of America
New tieback adds up to 75K barrels/day, with 150M BOE expected over life of field.
Intensity Infrastructure opens season for 208-mile Bakken gas pipeline extension
Phase II targets 2030 in-service date, expanding total system to 344 miles and 1.1 Bcf/d.
Smackover Lithium project gets federal priority status under Trump’s EO 14241
Standard Lithium–Equinor JV named one of only 3 U.S. lithium projects to receive critical designation.
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
