Industry News

Williams Announces Strong First-Quarter 2025 Results and Raises Full-Year 2025 Guidance May 5, 2025 4:15 PM Eastern Daylight Time TULSA, Okla.–(BUSINESS WIRE)–Williams (NYSE: WMB) today announced its unaudited financial results for the three months ended March 31, 2025. Performance of base business drives results across key financial metricsGAAP net income: $690 million, or $0.56 per […]

Williams Announces Executive Management Changes May 5, 2025 4:15 PM Eastern Daylight Time President and CEO Alan Armstrong to become Executive Chairman, effective July 1, 2025Executive Vice President Chad Zamarin named President and CEO, effective July 1, 2025 Williams President and CEO Alan Armstrong will become executive chairman of the Williams Board of Directors effective […]

Sunoco LP to Acquire Parkland Corporation in Transaction Valued at $9.1 BillionNews provided by Sunoco LP; Parkland Corporation May 05, 2025, 07:00 ET DALLAS, May 5, 2025 /PRNewswire/ — Sunoco LP (NYSE: SUN) (“Sunoco” or the “Partnership”) and Parkland Corporation (TSX: PKI) (“Parkland”) announced today that the parties have entered into a definitive agreement whereby Sunoco […]

Omnidian Raises More Than $87 Million to Revolutionize Renewable Energy Services and Ignite a Global Transformation in Clean Power Investment SecurityOversubscribed Round Underscores Confidence in Company’s Long-Term Vision and Transformative Technology-Driven Experience for Enterprise Clients SEATTLE–(BUSINESS WIRE)–Omnidian (the “Company”), provider of comprehensive protection and performance plans for residential and commercial solar and energy storage systems, […]

VEERUM Secures $12M in Series B Funding to Solidify the Standard for Industrial Visual OperationsMay 1, 2025 – 3 Min Read CALGARY, ALBERTA – VEERUM, a global leader in visual operations for industrial assets, announced today that it has successfully closed its Series B funding round, raising a total of $12 million CAD. The round […]

Chestnut Carbon Announces 17M Trees Planted on 30K Acres in U.S. Sustainable Restoration ProjectNews provided byChestnut Carbon May 01, 2025, 09:00 ET Announcement solidifies Chestnut as the largest U.S.-based afforestation project developer on the Gold Standard® registry NEW YORK, May 1, 2025 /PRNewswire/ — Chestnut Carbon (“Chestnut”), a nature-based carbon removal developer, today announced that […]

Expand Energy Corporation Reports First Quarter 2025 ResultsApril 29, 2025 OKLAHOMA CITY, April 29, 2025 (GLOBE NEWSWIRE) — Expand Energy Corporation (NASDAQ: EXE) (“Expand Energy” or the “Company”) today reported first quarter 2025 financial and operating results. Net cash provided by operating activities of $1,096 millionNet loss of $249 million, or $1.06 per fully diluted […]

Clearway Signs 335 MW Power Purchase Agreement with Microsoft Clearway’s Mount Storm project to support Microsoft’s carbon reduction goals April 28, 2025 16:05 ET | Source: Clearway Energy, Inc SAN FRANCISCO, April 28, 2025 (GLOBE NEWSWIRE) — Clearway Energy Group (“Clearway”) has signed a long-term power purchase agreement (PPA) with Microsoft for the 335 megawatt […]

Doral Renewables Secures Additional $100 Million Letter of Credit Facility: PHILADELPHIA, May 1, 2025 /PRNewswire/ — Doral Renewables LLC (“Doral”) has successfully closed a $100 million corporate Letter of Credit facility. The Letters of Credit are expected to primarily be used for new interconnection and power purchase agreement obligations incurred during development of the Company’s […]

Pioneer holds oversubscribed €1.1 billion final close of second sustainable infrastructure fund April 30, 2025 Pioneer Point Partners LLP, the specialist sustainable infrastructure investment firm, is pleased to announce the final close of its second sustainable institutional fund, Pioneer Infrastructure Partners II SCSp (“Fund II”). Fund II was materially oversubscribed, exceeding its initial €800 million […]