Monthly Archives October 2024

Equinor acquires a 9.8% minority stake in Ørsted07 October 202405:04(GMT-5) Equinor ASA has acquired 41,197,344 shares in Ørsted A/S (“Ørsted”), corresponding to 9.8% of the shares and votes in the company. The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. “Equinor […]

BrightNight Closes $440 Million Strategic Investment from Goldman Sachs Alternatives, Upsizes Corporate Credit Facility to $400 Million: Strategic investment from Goldman Sachs Alternatives and additional credit facility commitments fortify BrightNight’s standing as a leading U.S. renewable power platform. NEW YORK, Oct. 7, 2024 /PRNewswire/ — BrightNight, the next-generation renewable power producer built to deliver clean […]

Emvolon and Montauk Renewables, Inc. Announce Collaboration to Transform Methane Emissions into High-Value, Carbon-Negative Fuel: October 07, 2024 09:00 AM Eastern Daylight Time WOBURN, Mass.–(BUSINESS WIRE)–Emvolon, an MIT spin-off that converts greenhouse gas emissions into carbon-negative fuels and chemicals, today announced an agreement with Montauk Renewables, Inc. (NASDAQ:MNTK), a renewable energy company specializing in the […]

Secretary John Kerry Joins Galvanize Climate Solutions As Co-Executive ChairThe 68th U.S. Secretary of State and former U.S. Special Presidential Envoy for Climate joins investment firm to scale commercially competitive climate solutions October 07, 2024 12:00 AM Eastern Daylight Time SAN FRANCISCO–(BUSINESS WIRE)–Galvanize Climate Solutions (“Galvanize”), an investment firm focused on generating long-term value from […]

Chevron Announces US$6.5 bn Sale of Its Interests in the Athabasca Oil Sands Project and Duvernay Shale: October 07, 2024 05:05 AM Eastern Daylight Time SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron Canada Limited, an indirect subsidiary of Chevron Corporation (“Chevron”), announced today that it and a related entity have entered into a definitive agreement to sell their […]

Qcells and Puget Sound Energy Announce Washington’s Largest Co-Located Solar Project October 1, 2024 Qcells and Puget Sound Energy bring a unique 142 MW solar PV project designed to leverage existing interconnection from an active wind project to deliver renewables to the grid. IRVINE, Calif.– October 1st, 2024 – Qcells, a complete energy solution provider, […]

Xpansiv Acquires PineSpire’s LCFS and REC Businesses Posted By: XpansivDate: October 3, 2024 Xpansiv Acquires PineSpire’s LCFS and REC BusinessesAcquisition includes key staff, commercial accounts, technology, and Intellectual Property Provides a path for LCFS, Electric Vehicle charging stations, and solar operators to achieve scale NEW YORK, LONDON, SYDNEY — October 3, 2024 — Xpansiv, the […]

Arcadium Lithium Confirms Approach by Rio Tinto: PHILADELPHIA and PERTH, Australia, Oct. 6, 2024 /PRNewswire/ — Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, “Arcadium Lithium”) today confirmed that it has been approached by Rio Tinto regarding a potential acquisition of Arcadium Lithium by Rio Tinto. The approach is non-binding and there is no certainty that […]

1PointFive Sequestration Hubs Awarded Department of Energy Funding: HOUSTON, Oct. 03, 2024 (GLOBE NEWSWIRE) — 1PointFive, a wholly owned subsidiary of Occidental, announced today that its Bluebonnet and Magnolia Sequestration Hubs were awarded a total of $36 million in funding from the U.S. Department of Energy (DOE) under Phase III of the Carbon Storage Assurance […]

Toyota To Invest $500 Million in Joby Aviation:  Investment to be made in two equal tranches, with the first targeted to close later this year and the second in 2025 Funds will support certification and commercial production of Joby’s electric air taxi Investment terms to include plans to establish a manufacturing alliance for the first […]