Industry News

Energy Capital Partners (ECP) Completes $6.7 Billion Fundraise: Surpasses Fund V Fundraising Target by 10% and Raises Additional $2.3 Billion of Co-Investment Capital May 28, 2024 08:45 AM Eastern Daylight Time SUMMIT, N.J.–(BUSINESS WIRE)–Energy Capital Partners (“ECP”), a leading investor across energy transition, electrification and decarbonization infrastructure assets, today announced the successful final closing of […]

Energy Transfer to Acquire WTG Midstream in a $3.25 Billion Transaction: WTG Midstream Owns and Operates the Largest Private Permian Gas Gathering and Processing Business with Assets Located in the Core of the Midland Basin Expands Energy Transfer’s natural gas pipeline and processing network in the Permian Basin Includes eight gas processing plants (~1.3 Bcf/d) […]

Google signs first solar PPAs in Japan, 60MW capacity Our clean energy progress in Japan May 23, 2024Shinji Okuyama VP, Google Japan Today, we’re announcing two new solar power purchase agreements in Japan that bring us closer to our goal to run on 24/7 carbon-free energy on every grid where we operate by 2030. These […]

Microsoft and G42 announce $1 billion comprehensive digital ecosystem initiative for Kenya May 22, 2024 | Microsoft Source Largest single private-sector digital investment in Kenya’s history will support economic development across East Africa WASHINGTON — May 22, 2024 — Microsoft Corp. and G42 on Wednesday announced a comprehensive package of digital investments in Kenya, as […]

Ørsted enters into new major agreement on carbon removal with Microsoft 22.05.2024 04:50 Avedøre Power Station In a landmark deal, Ørsted will sell a further one million tonnes of carbon removal over a ten-year period to Microsoft from Avedøre Power Station, which is part of the bioenergy carbon capture and storage (BECCS) project ‘Ørsted Kalundborg […]

RWE signs two 15-year Power Purchase Agreements with Microsoft – RWE: RWE’s onshore wind farms to support Microsoft’s goal of achieving 100% coverage of electricity consumption with renewable energy by 2025 RWE broke ground on the Peyton Creek II onshore wind farm in Texas and made the investment decision to build the Lane City project […]

Diamondback Energy, Inc. Announces Sale of WTG Midstream: MIDLAND, Texas, May 28, 2024 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) today announced the sale of WTG Midstream Holdings LLC to Energy Transfer LP (NYSE: ET) (“ET”) resulting in total pre-tax consideration net to Diamondback of approximately $375 million, subject to customary closing conditions […]

Reconciliation Energy Transition Inc. and Sumitomo Corporation Group sign Joint Development Agreement for RETI East Calgary Region CTS Hub Project: CALGARY, AB and NEW YORK, May 23, 2024 /PRNewswire/ — Reconciliation Energy Transition Inc. (“RETI”), and Sumitomo Corporation, through its subsidiary Ammolite Carbon Sequestration (Collectively “Sumitomo Corporation Group”), have announced today that they have entered […]

Oklo Partners with Wyoming Hyperscale to Deliver 100 Megawatts to its Data Centers: Oklo and Wyoming Hyperscale signed a non-binding letter of intent to collaborate on a 20-year Power Purchase Agreement. Wyoming Hyperscale will aim to use Oklo’s Aurora powerhouses to power a state-of-the-art data center campus. May 23, 2024 05:18 PM Eastern Daylight Time […]

Kyoto Fusioneering and Canadian Nuclear Laboratories Launch Joint Venture, Fusion Fuel Cycles Inc.: CHALK RIVER, Ontario, May 22, 2024 (GLOBE NEWSWIRE) — Kyoto Fusioneering Ltd. (KF), a pioneer in designing and developing fusion power plant systems, and Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, are thrilled to announce the formation of […]