Industry News

Kinetik Announces Bolt-On Acquisition of Gas and Crude Gathering Systems in Texas Delaware Basin from Permian Resources: December 10, 2024 06:30 AM Eastern Standard Time HOUSTON & MIDLAND, Texas–(BUSINESS WIRE)–Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) today announced it has entered into a definitive agreement with Permian Resources Corporation (NYSE: PR) (“Permian Resources”) […]

Intersect Power Forms Strategic Partnership with Google and TPG Rise Climate to Co-Locate Data Center Load and Clean Power Generation: Collaboration accelerates the evolution of data center development and power provision, reducing costs, increasing reliability, and supporting local economic developmentNew ~$800M funding round led by TPG and Google will accelerate partnership’s developmentDecember 10, 2024 09:00 […]

Concentro announces $3m fundraise to unlock clean energy financing, starting with tax credits: Concentro unlocks tax credit transfers for mid-sized clean energy projects, enabling developers to easily monetize transferable tax credits without high transaction costs and complexity. They take a differentiated high-touch approach, managing the entire end-to-end process from running diligence to providing full-wrap insurance, […]

Nostromo Energy Secures $305 Million Conditional Commitment from US Department of Energy to Cut Climate Impact and Costs of Cooling in Large California Buildings: Nostromo will use funds to deploy its IceBrick® thermal energy storage systems in 193 commercial buildings across California IRVINE, Calif., Dec. 9, 2024 /PRNewswire/ — Nostromo Energy, provider of the IceBrick® system, a […]

Kinder Morgan Announces 2025 Financial Expectations:  $1.27 Adjusted EPS (up 8% from 2024); $8.3 billion Adjusted EBITDA; 3.8x leverage at year-end 2025; and $1.17 dividend per share December 09, 2024 04:05 PM Eastern Standard Time HOUSTON–(BUSINESS WIRE)–Kinder Morgan, Inc. (NYSE: KMI) today announced its preliminary 2025 financial projections. “We expect 4% growth from 2024 in […]

Vision RNG Completes Sale of Voluntary Carbon Credits from Lunenburg Landfill: December 09, 2024 03:14 PM Eastern Standard Time CANONSBURG, Pa.–(BUSINESS WIRE)–Vision RNG (VisionRNG.com) has completed an agreement with NRG Business Marketing LLC for the sale of over 47,000 Landfill Gas (LFG) voluntary carbon credits. Each credit represents one ton of CO2 equivalent not emitted […]

Canadian Nuclear Laboratories and Canadian Commercial Corporation Sign Letter of Understanding to Cooperate on Global Expansion of Nuclear Energy: CHALK RIVER, Ontario, Dec. 09, 2024 (GLOBE NEWSWIRE) — Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology laboratory, and the Canadian Commercial Corporation (CCC), Canada’s government-to-government contracting agency, are pleased to announce that they […]

Entergy Louisiana to power Meta’s data center in Richland Parish12/05/2024 Entergy Louisiana is pleased to announce plans to invest in modern, efficient generation facilities and robust transmission infrastructure to support the region and Meta’s data center representing a $10 billion in investment in Richland Parish. Once completed, it will be Meta’s largest data center at […]

Energy Transfer Announces Pipeline Project Connecting Permian Basin Production Supplies to Multiple MarketsWill Provide Additional Natural Gas Capacity to Serve Growing Market Needs December 06, 2024 01:30 PM Eastern Standard Time DALLAS–(BUSINESS WIRE)–Energy Transfer LP (NYSE: ET) today announced that it has reached a positive final investment decision (FID) for the construction of an intrastate […]

Dow announces partnership with Macquarie Asset Management to launch Diamond Infrastructure Solutions A fund managed by Macquarie Asset Management to acquire an initial 40% stake in select Dow U.S. Gulf Coast infrastructure assets with an option to increase its equity stake to 49% within six months of closing Dow is expected to receive initial cash […]