Industry News

rPlus Energies Announces Two Major Financing Milestones: Latest financing for rPlus Energies pushes annual total to nearly $2 billion across multiple transactions December 18, 2024 09:00 AM Eastern Standard Time SALT LAKE CITY–(BUSINESS WIRE)–rPlus Energies today announced the successful closing of $304 million in new financing facilities, including a $179 million construction debt facility for […]

ZENRG Services, Inc. Secures Series A Funding to Accelerate Growth and Reduce Emissions for the Energy Industry: HOUSTON, Dec. 18, 2024 (GLOBE NEWSWIRE) — ZENRG Services Inc., a leading provider of emission reduction services for energy industry operations, has secured Series A funding to accelerate its market expansion and product innovation. The investment, led by EIC Rose […]

X-energy Selects Geiger Brothers for $40.8 Million Site Development Phase of TRISO-X Fuel Fabrication Plant in Oak Ridge, Tennessee: December 18, 2024 11:50 AM Eastern Standard Time OAK RIDGE, Tenn.–(BUSINESS WIRE)–X-energy Reactor Company, LLC (“X-energy” or the “Company”), and its wholly-owned subsidiary, TRISO-X LLC (“TRISO-X”), today announced the selection of Geiger Brothers, Inc. to develop […]

SWEPCO Expands Generation Capacity with New Power PlantsNews provided by American Electric Power Dec 18, 2024, 10:16 ET SHREVEPORT, La., Dec. 18, 2024 /PRNewswire/ — Southwestern Electric Power Co. (SWEPCO), a subsidiary of American Electric Power (Nasdaq: AEP), is excited to announce the ongoing development of several new generation projects, pending regulatory approval. These initiatives are […]

MHI Hydrogen Infrastructure Formalizes Agreement with Pacific Northwest Hydrogen Association to Further Advance the Region’s Clean Energy and Economic Objectives: Mitsubishi Power Americas, through its subsidiary MHI Hydrogen Infrastructure, is set to provide industry-leading hydrogen technology and expertise as part of the development of the Pacific Northwest Hydrogen Hub (PNWH2 Hub). The PNWH2 Hub will […]

Deep Sky Secures $40M Grant from Breakthrough Energy Catalyst to Scale Direct Air Capture: The grant represents Catalyst’s first-ever support of both a Canadian and Direct Air Capture (DAC) project MONTRÉAL, Dec. 18, 2024 /PRNewswire/ — Deep Sky, the Quebec-based carbon removal project developer, today announced that it has secured a USD $40 million grant […]

Riley Permian Announces Credit Facility Extension and Increase in Borrowing Base: OKLAHOMA CITY, Dec. 18, 2024 /PRNewswire/ — Riley Exploration Permian, Inc. (NYSE American: REPX) (“Riley Permian” or the “Company”) today announced that it recently completed an amendment to its senior secured revolving credit facility (“Credit Facility”). Credit Facility Amendment Highlights: Extended the facility maturity from […]

Origis Energy and MUFG Bring Renewable Energy Project Financing to Over $1 Billion in Last 12 Months: The new financing round supports 350 MWac of solar capacity and 50 MW of energy storage American grid infrastructure MIAMI, Dec. 18, 2024 /PRNewswire/ — Origis Energy, one of America’s leading renewable energy and decarbonization solution platforms, today […]

Rice partners with Greentown Labs to accelerate innovation in Houston’s Ion District: HOUSTON, Dec. 18, 2024 /PRNewswire/ — Rice University is partnering with key stakeholders to bolster Houston’s role as a leader in innovation and entrepreneurship, with a focus on addressing the dual challenge of an energy-abundant and low-carbon future. The university is joining a […]

MN8 Energy to Own, Build and Operate Solar Project Supporting City of Cambridge’s Historic VPPA: 135MWac solar facility will include dedicated 50MW capacity supporting first-of-its-kind municipal renewable energy agreement December 17, 2024 09:10 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–MN8 Energy (MN8), a leading renewable energy company, today announced it will own and operate the […]