Nuclear power’s role on the path to net zero by Drew Campbell | Sep 17, 2021 As prelude to the COP26 U.N. Climate Change Conference beginning Oct. 31 in Glasgow, mother nature and market machinations are complicating what already is a complex discussion — the recent lack of wind in the North Sea, increasing natural gas prices and the ramp-up of coal-fired power plants to meet demand for price-conscious consumers provide additional examples of the complicated path to creating a net-zero world.
East Point Energy sells 20MW energy storage project to Dominion Energy by Released | Sep 17, 2021 East Point Energy, a Virginia-based energy storage developer, has sold the Dry Bridge Energy Storage project to Dominion Energy Virginia, one of the nation’s largest utilities.
CIP secures $2.3b in financing for first large-scale U.S. offshore wind project by Kali Persall | Sep 17, 2021 Copenhagen Infrastructure Partners (CIP) has reached financial close on its 800-megawatt offshore wind project, Vineyard Wind 1.
Warwick Investment Group buys Rosewood Eagle Ford assets for $450m by Andrea Zander | Sep 15, 2021 Warwick Investment Group has closed an agreement to acquire operated oil and gas assets in Texas’s Eagle Ford Shale from Rosewood Resources for $450 million.
NYSE and Intrinsic Exchange Group partner to launch Natural Asset Companies by Released | Sep 15, 2021 The New York Stock Exchange (NYSE), which is part of Intercontinental Exchange, and Intrinsic Exchange Group (IEG) are jointly developing a new class of publicly traded assets called Natural Asset Companies, or NACs.
EDF Renewables partners with European firm for two U.S. renewable energy projects by Released | Sep 14, 2021 EDF Renewables North America (EDFR) and MEAG announced a strategic investment.
Kinder Morgan and Neste establish hub for raw material storage, logistics by Released | Sep 14, 2021 Kinder Morgan, Inc. has partnered with Neste to create a premier domestic raw material storage and logistics hub in the United States.
Chevron, Mercuria announce CNG fueling network JV by Released | Sep 10, 2021 Chevron U.S.A. Inc., a subsidiary of Chevron Corp., has agreed to form a joint venture with Mercuria Energy Trading.
Solar getting more expensive because of rising commodity, transport prices by Mike Consol | Sep 9, 2021 The rise of the U.S. solar industry in recent years was based largely on the plunging cost of its equipment. The price of a solar panel alone declined by 70 percent from 2015 to 2020.
Apollo backs FlexGen Power Systems with $150m investment by Kali Persall | Sep 9, 2021 Apollo Global Management has joined Altira Group.
Greenbacker Renewable Energy Co. acquires largest project in Michigan by Released | Sep 8, 2021 Greenbacker Renewable Energy Co., through a wholly owned subsidiary, has purchased Heathlands, a 41-megawatt (MW) utility-scale solar project, from Prism Power Partners (Prism).
Total signs four energy projects in Iraq by Kali Persall | Sep 7, 2021 Total has signed a $27 billion deal with the Iraqi government to construct four giant energy projects in southern Iraq, according to Reuters.
Enbridge to acquire Moda Midstream assets for $3b by Kali Persall | Sep 7, 2021 Canadian pipeline operator Enbridge is planning to pay $3 billion in cash for liquids terminaling and logistics company Moda Midstream assets.
Shell to develop 1.4GW floating wind project in South Korea by Andrea Zander | Sep 3, 2021 Shell Overseas Investment B.V. and CoensHexicon Co. have established a joint venture to develop and operate a 1.4-gigawatt floating wind project off the southeast coast of South Korea.
Chevron, Bunge form $600m renewable-fuel JV by Released | Sep 2, 2021 Chevron U.S.A. and Bunge North America announced a memorandum of understanding (MOU) of a proposed 50-50 joint venture.
24% increase in pipeline of offshore wind energy by Andrea Zander | Aug 30, 2021 The U.S. Department of Energy has released three reports showing record growth in land-based wind energy, significant expansion of the pipeline for offshore wind projects and continued decline in the cost of wind energy generation.
Esperanza Capital Partners and Cockrell Interests form energy investment platform by Kali Persall | Aug 27, 2021 Esperanza Capital Partners (ECP) has formed its inaugural energy investment platform alongside Cockrell Interests, targeting the acquisition of high-quality energy and infrastructure assets located in the U.S. Gulf of Mexico (GOM).
Battery company backed by Bill Gates, Jeff Bezos raises $240m by Andrea Zander | Aug 26, 2021 Form Energy, a technology rising to the challenge of climate change by developing a new class of cost-effective, multi-day energy storage systems, has closed a $240 million series D financing round.
Clearway Energy takes full ownership stake in Utah Solar Portfolio by Kali Persall | Aug 26, 2021 Clearway Energy has agreed to acquire the remaining 50 percent equity interest in the Utah Solar Portfolio, bringing its total ownership to 100 percent.
Andros Capital Partners closes $150m Permian Basin Drilling JV by Andrea Zander | Aug 25, 2021 Andros Capital Partners has closed a joint venture with Midland-Petro D.C. Partners.
Greenbacker Capital Management increases investment in hydro generation firm by Released | Aug 25, 2021 Greenbacker Capital Management has increased its investment in Clear Energy Renewables, an owner-operator of hydroelectric power generation facilities in New York.
Kinder Morgan pays $310m for Kinetrex Energy by Kali Persall | Aug 24, 2021 Kinder Morgan has acquired Indiana renewable natural gas developer Kinetrex Energy for $310 million.
Principal Financial Group boosts ESG efforts with $600m sustainability bond by Kali Persall | Aug 18, 2021 Principal Financial Group has issued its first sustainability bond as part of an effort to advance the company’s ESG initiatives.
BlackRock Real Assets acquires National Renewable Solutions by Released | Aug 18, 2021 BlackRock Real Assets has acquired National Renewable Solutions.
Starwood Energy and Slate Refining to deliver renewable fuels facility in Wyoming by Released | Aug 17, 2021 Starwood Energy Group Global, Inc. and Slate Refining have entered into an exclusive agreement to reconfigure Slate's refinery located in Douglas, Wy. into a state-of-the-art renewable fuels production facility.