Industry News

Pennybacker Expands Critical Infrastructure Portfolio with Acquisition of Baseline Energy ServicesNews provided by Pennybacker Mar 26, 2025, 11:38 ET AUSTIN, Texas, March 26, 2025 /PRNewswire/ — Pennybacker Capital Management, LLC (“Pennybacker”), a real assets investment manager, today announced the acquisition of Baseline Energy Services, LP (“Baseline”), a provider of low-carbon, mobile distributed power generation solutions, to […]

Northern Lights is expanding capacity through commercial agreementMarch 27, 2025 The expansion of Northern Lights will increase the transport and storage capacity from 1.5 million to a minimum of 5 million tonnes of CO2 per year, enabling further reduction and removal of European industrial CO2 emissions. The investment decision to expand capacity follows a commercial […]

TotalEnergies Publishes its Sustainability & Climate 2025 Progress Report and Further Strengthens Its Emissions Reduction Targets Mar 27, 2025 10:06 AM Eastern Daylight Time PARIS–(BUSINESS WIRE)–TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) publishes today its Sustainability & Climate – 2025 Progress Report, which presents the progress of its transition strategy. This report completes the sustainability report that will […]

Captura Announces Sale of Carbon Removal Credits and Strategic Partnership With Mitsui O.S.K. LinesCaptura is now selling carbon credits from its first commercial Direct Ocean Capture facilities, with Mitsui O.S.K. Lines signing the first large-volume offtake agreement for 30,000 tonsMitsui O.S.K. Lines has also invested in Captura through its venture capital arm, MOL Switch LLC, […]

GridPoint Raises $45M in Strategic Funding as it Plans International Expansion The climate tech fund managed by Marunouchi Innovation Partners caps GridPoint’s fundraising with a $20M strategic investment. RESTON, VA. – March 26, 2025 – GridPoint, a recognized leader in energy management technology that decarbonizes commercial buildings and unlocks excess grid capacity, announced the completion […]

Bayswater Completes Sale of DJ Basin Assets: DENVER, March 27, 2025 /PRNewswire/ — Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company closed the sale of certain Denver Julesburg (DJ) Basin assets to Prairie Operating Co. (Nasdaq: PROP) in a cash and stock transaction valued at approximately $603 million. “We are […]

New Fortress Energy Announces Sale of Jamaica Assets & Operations to Excelerate Energy Mar 27, 2025 6:45 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today that it has finalized a transaction with Excelerate Energy, Inc. (NYSE: EE) (“Excelerate”) to sell its assets and operations in Jamaica for $1.055 […]

PG&E Advancing $43 Million for Nine New Community Microgrids in Northern California: Application Window for Second Wave of PG&E Microgrid Incentive Program Grants Opens April 3 OAKLAND, Calif., March 26, 2025 /PRNewswire/ — Pacific Gas and Electric Company (PG&E) today announced its intent to award up to $43 million in Microgrid Incentive Program (MIP) grant […]

Frontier buyers sign $33M in offtake agreements with EionMarch 25, 2025 Frontier buyers will pay Eion $33 million to remove 78,707 tons of CO₂ between 2027 and 2030.Eion offers farmers a cheaper alternative to lime for managing soil pH.Olivine-based deployments can help accelerate the scale-up of enhanced rock weathering more broadly. Frontier has facilitated offtakes […]

Mesa Minerals Partners, LLC Announces New Equity Commitment from NGP Royalty Partners III Mar 20, 2025 9:00 AM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Mesa Minerals Partners, LLC (“Mesa”) is pleased to announce it has raised a new equity commitment from NGP Royalty Partners III, L.P. to form Mesa Royalties IV Holdings, LLC (“Mesa IV”). Darin Zanovich, […]