Monthly Archives March 2025

Archrock to Acquire Natural Gas Compression Systems, Inc.March 10, 2025 17:53 ET | Source: Archrock Business includes approximately 351,000 horsepower, comprised of 316,000 operating horsepower and a 35,000 horsepower backlog of contracted new equipment Aligns with Archrock’s focus on large horsepower compression with blue-chip customers Complements and deepens Archrock’s existing operations in the Permian Basin […]

Eaton signs agreement to acquire Fibrebond Corporation, expanding reach into multi-tenant data center market March 11, 2025 06:45 AM Eastern Daylight Time DUBLIN–(BUSINESS WIRE)–Intelligent power management company Eaton (NYSE:ETN) today announced it has signed an agreement to acquire Fibrebond Corporation, a designer and builder of pre-integrated modular power enclosures for data center, industrial, utility and […]

Renaissance Fusion raises €32 million ($33.2 million) in equity for the first closing of its Series A to accelerate the development of its nuclear fusion reactor and commercialize High Temperature Superconductors (HTS) The fund “Révolution Environnementale et Solidaire,” funded by Crédit Mutuel Alliance Fédérale’s societal dividend and managed by Crédit Mutuel Impact, led this round […]

Heidelberg Materials North America Announces Funding Commitment from Government of Canada in Support of its Groundbreaking Edmonton CCUS Project 03.07.2025 Heidelberg Materials North America is pleased to announce that the Government of Canada’s Innovation, Science and Economic Development Canada (ISED) department has committed to finalizing negotiations on a Contribution Agreement for the groundbreaking Carbon Capture, […]

NextDecade, Baker Hughes Enter Framework Agreement for Rio Grande LNG Expansion TrainsMarch 11, 2025 08:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) and Baker Hughes (NASDAQ: BKR) announced today that they have entered into a framework agreement whereby NextDecade plans to utilize Baker Hughes’ gas turbine and refrigerant compressor […]

Summit Midstream Corporation Announces the Acquisition of Moonrise Midstream and Provides DJ Basin Operational Update: HOUSTON, March 10, 2025 /PRNewswire/ — Summit Midstream Corporation (NYSE: SMC) (“Summit”, “SMC” or the “Company”)  announced today that its wholly owned subsidiary, Summit Midstream Holdings, LLC (“SMP Holdings”), has acquired Moonrise Midstream, LLC (“Moonrise” or “Moonrise Midstream”) from Fundare […]

WHITECAP RESOURCES AND VEREN TO COMBINE IN A $15 BILLION TRANSACTION TO CREATE A LEADING CANADIAN LIGHT OIL AND CONDENSATE PRODUCER March 10, 2025 CALGARY, ALBERTA – Whitecap Resources Inc. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and […]

Wild Basin Energy Receives Commitment from Pearl Energy Investments To Bring Total to $100 million of Equity March 10, 2025 01:00 PM Eastern Daylight Time AUSTIN, Texas–(BUSINESS WIRE)–Wild Basin Energy (“Wild Basin”) is pleased to announce it has secured an equity commitment from Pearl Energy Investments (“Pearl”) for an initial $60 million to continue acquiring […]

Telescope raises €3.7M to help real estate unlock the upside of sustainabilityAfter a year of significant growth and securing top-tier real estate customers in its home market, Norwegian PropTech startup Telescope has raised a €3.7 million seed round to help the European real estate industry move sustainability risk from a compliance checkbox to a strategic […]

Energy leaders push back net-zero expectations amid rising costs and investment challenges, finds Bain & Company survey: Despite record clean energy investments, executives cite financial constraints, shareholder hesitancy, and policy uncertainty as key obstacles—while optimism grows around AI and emerging technologies NEW YORK, March 7, 2025 /PRNewswire/ — Despite record-breaking global investments in clean energy […]