Monthly Archives September 2024

Arbor Signs Multi-year Agreement to Deliver Carbon Removal Credits to Microsoft: Agreement will deliver 25,000 tons of permanent CO2 removal while generating over 5 megawatts (MW) of clean baseload electricity through Arbor’s novel, modular power system September 18, 2024 11:35 AM Eastern Daylight Time EL SEGUNDO, Calif.–(BUSINESS WIRE)–Arbor, a carbon-negative power company, today announced an […]

Frontier facilitates fourth round of carbon removal prepurchasesSeptember 18, 2024 Frontier has facilitated $4.5M of carbon removal prepurchases from 9 companies—Alithic, Alt Carbon, Anvil, Capture6, Exterra Carbon Solutions, Flux, NULIFE, Planeteers, and Silica—on behalf of buyers Stripe, Shopify, Alphabet, H&M Group, and Match (via Watershed). Carbon removal and existing industries A significant number of companies […]

BTG Pactual Timberland Investment Group and Meta Announce Long-Term Contract for Delivery of 1.3 Million Nature-Based Carbon Removal Credits, With Options for Delivery of Additional 2.6 Million Credits: September 18, 2024 10:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Today, the BTG Pactual Timberland Investment Group (BTG Pactual TIG) announced a long-term contract with Meta for […]

BlackRock, Global Infrastructure Partners, Microsoft, and MGX Launch New AI Partnership to Invest in Data Centers and Supporting Power Infrastructure $100 billion investment potential will enhance American competitiveness in AI while meeting the growing need for energy infrastructure to power economic growth September 17, 2024 04:24 PM Eastern Daylight Time NEW YORK & REDMOND, Wash. […]

Arevon Secures $351 Million Financing Package for its Gibson Solar Project in Indiana: Arevon closes its sixth transaction in the last year totaling $3 billion in project financings SCOTTSDALE, Ariz. and PRINCETON, Ind., Sept. 17, 2024 /PRNewswire/ — Arevon Energy, Inc., a leading renewable energy developer, owner, and operator, has closed financing on a $351 […]

8 Rivers Secures Investment from JX Nippon for First Commercial Deployment of the Calcite Direct Air Capture Technology: DURHAM, N.C., Sept. 17, 2024 (GLOBE NEWSWIRE) — 8 Rivers Capital, LLC, a world-leading decarbonization technology and project developer, announced an investment from JX Nippon Oil Exploration (U.S.A.) Limited, an affiliate company of JX Nippon Oil & […]

SCF Acquires Newpark Fluids Systems: September 13, 2024 08:40 PM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–SCF Partners, Inc. (“SCF”) is pleased to announce its acquisition of the Newpark Fluids Systems business (“NFS”), a leading global pure-play oil & gas and geothermal fluids solution provider, from Newpark Resources Inc. (NYSE: NR). Newpark Fluids Systems provides a full […]

Ara Partners Launches New Strategy to Decarbonize Conventional Energy Value Chain in Partnership with HF Capital: Ara Energy Decarbonization to be Led by Shameek Konar, Former CEO of Pilot, and Team of Energy and Commodities Experts HF Capital, Investment Arm of Haslam Family, Commits up to $725 Million to Ara’s Strategies Ara to Leverage Proven […]

Apollo Funds Acquire Freedom CNG, a Leading Provider of Renewable Natural Gas Fueling Infrastructure: HOUSTON and NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Apollo-managed funds (the “Apollo Funds”) have acquired a majority interest in Freedom CNG (“Freedom”), an owner and operator of compressed natural gas (CNG) and renewable […]

Navajo Transitional Energy Company Awarded $6.55 Million by the U.S. Department of Energy for Carbon Capture Study at Four Corners Power Plant: September 12, 2024 04:56 PM Eastern Daylight Time FARMINGTON, N.M.–(BUSINESS WIRE)–Navajo Transitional Energy Company (NTEC) is proud to announce that the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) today […]