Industry News

Constellation To Acquire Calpine; Creates America’s Leading Producer of Clean and Reliable Energy to Meet Growing Demand for Customers and Communities: Constellation to Acquire Calpine in Stock and CashJoins Best-in-Class Customer Platforms, Providing Opportunities to Better Serve Customers with a Broader Array of Energy and Sustainability ProductsCombines Nation’s Premier Nuclear, Natural Gas and Geothermal Fleets […]

AEP Secures Minority Equity Interest Investment in Ohio and Indiana & Michigan Transmission Companies: A 50/50 strategic partnership between KKR and PSP Investments agrees to acquire 19.9% non-controlling equity interest in two AEP Transcos for $2.82 billion Transaction provides highly efficient financing to support AEP’s five-year, $54 billion capital investment plan, enhance reliability for customers […]

Morgan Stanley Investment Management’s 1GT Participates in €115 Million Investment in XOCEAN: Funding to help accelerate growth of its ocean data services platform January 09, 2025 02:32 PM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–Morgan Stanley Investment Management (MSIM) announced today that the 1GT private climate equity strategy (1GT) participated in a €115 million fundraise for […]

Hull Street Energy Sells Montana Natural Gas-Fired Plant: BETHESDA, Md., Jan. 9, 2025 /PRNewswire/ — Hull Street Energy (“HSE”) has sold Basin Creek HoldCo, LLC (“Basin Creek”), formerly part of the HSE Milepost Power portfolio, to Basin Creek Acquisition LLC, a power generation entity formed by Platform Partners LLC and William Pate. Located in Butte, […]

Pioneer Energy Partners with Diversified Energy, Selected by the Department of Energy for a $5 Million Grant to Eliminate Emissions at Marginal Conventional Wells: January 09, 2025 08:00 AM Eastern Standard Time LAKEWOOD, Colo.–(BUSINESS WIRE)–Pioneer Energy announced today that in partnership with Diversified Energy (LSE:DEC)(NYSE:DEC), it has been selected by the U.S. Department of Energy […]

Cemvita Expands to Brazil: Leading the Charge in the Circular Bioeconomy: January 09, 2025 08:03 AM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Cemvita, a pioneer in circular bioeconomy, is proud to announce its expansion into Brazil, marking a bold step forward in transforming the global energy landscape. To solidify its presence in the region, Cemvita has officially […]

EQT to acquire distributed energy company Scale Microgrids: Transaction marks the EQT Transition Infrastructure strategy’s second highly thematic investment over the past month, to be acquired with capital from EQT’s balance sheet Scale Microgrids is a vertically integrated energy company that designs, builds, finances, owns, and operates microgrids and distributed energy assets in North America, […]

Runway Growth Capital and BC Partners Credit Announce $131 Million Financing Commitment to VertexOne to Accelerate Growth and Execute a Strategic Acquisition: Funding will enable VertexOne to optimize its platform, expand market presence, and support the acquisition of Accelerated Innovations. MENLO PARK, Calif., Jan. 9, 2025 /PRNewswire/ — Runway Growth Capital LLC (“Runway”), a leading […]

Advanced Power Closes $100M Corporate Credit Facility:  Financing will support development of an 8GW energy project pipeline BOSTON, Jan. 9, 2025 /PRNewswire/ — Advanced Power announces the closing of a $100 million corporate credit facility to further its corporate goals and company vision of advancing a sustainable, reliable energy future. Advanced Power is an industry-leading developer, […]

Dispatch Energy Secures Over $209 Million in Capital Commitments to Advance Distributed Generation Strategy: Firm Completes Fundraise Initiated in 2024 NEW YORK, Jan. 9, 2025 /PRNewswire/ — Dispatch Energy, LLC (“Dispatch Energy” or the “Company”), a new provider of distributed energy solutions led by the sector’s experienced team, today announced it has closed on capital […]