industrynews

MN8 Energy LLC Announces Closing of Private Placement: Investment round led by Mercuria Energy Group with participation from Ridgewood Infrastructure and supported by existing investors April 01, 2024 08:29 AM Eastern Daylight TimeNEW YORK–(BUSINESS WIRE)–MN8 Energy LLC (“MN8” or “The Company”), one of the largest and most sophisticated independent renewable energy companies in the U.S., […]

Nucor to Acquire Manufacturer of Data Center Infrastructure: News provided by Nucor Corporation 01 Apr, 2024, 08:45 ET CHARLOTTE, N.C., April 1, 2024 /PRNewswire/ — Nucor Corporation (NYSE: NUE) announced today that it has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and installer of data center infrastructure for $115 million. SWDP’s offices and manufacturing facility […]

Ridgewood Infrastructure Announces Structured Equity Investment in MN8 Energy, One of America’s Largest Privately Owned Solar Energy Companies: NEW YORK, April 1, 2024 /PRNewswire/ — Ridgewood Infrastructure LLC (“Ridgewood“), a leading investor in essential infrastructure in the U.S., today announced a strategic investment in MN8 Energy, LLC (“MN8”), one of America’s largest independent U.S. solar […]

Kimmeridge Issues Open Letter to SilverBow Shareholders: Remains ready to engage in good faith negotiations with SilverBow towards value-enhancing combination Publishes comprehensive financial and operational data on KTG to support shareholders in analyzing Kimmeridge’s proposal SilverBow made no contact with Kimmeridge before rejecting the March 13 proposal, and then claimed SilverBow needs more information to […]

Aker Carbon Capture awarded pre-FEED from Statkraft in Norway: OSLO, Norway, April 1, 2024 /PRNewswire/ — Aker Carbon Capture has been awarded a pre-FEED for Statkraft’s Heimdal waste-to-energy plant for capturing 220.000 tonnes of CO2 per year. By capturing and permanently storing these emissions, it is possible to reduce up to 25% of Trondheim municipality’s […]

Citi, JPMorgan First Adopters of Energy Finance Ratio: Citigroup Inc. has joined JPMorgan Chase & Co. in agreeing to disclose to investors their clean energy financing ratios, or the proportions of their low-carbon to fossil-fuel financing activity. The post Citi, JPMorgan First Adopters of Energy Finance Ratio appeared first on BloombergNEF.

United Airlines Is Betting Big on a Pricey Green Aviation Fuel: Green jet fuel, also known as sustainable aviation fuel or SAF, is priced two or three times higher than conventional fuel. The post United Airlines Is Betting Big on a Pricey Green Aviation Fuel appeared first on BloombergNEF.

Why the renewables market does not work: In a provocative new book, British academic Brett Christophers argues that free enterprise cannot deliver renewables at the rapid pace required to tackle climate change. Read more on Financial Times…

SOUTHWEST AIRLINES ACQUIRES SAFFiRE RENEWABLES AND STRENGTHENS FOCUS ON SUSTAINABILITY: DALLAS, March 28, 2024 /PRNewswire/ — Southwest Airlines Co. (NYSE: LUV) announces the acquisition of SAFFiRE Renewables, LLC (SAFFiRE) as part of the investment portfolio of its wholly owned subsidiary Southwest Airlines Renewable Ventures, LLC (SARV). SARV is dedicated to creating more opportunities for Southwest® […]

Leeward Renewable Energy Signs Power Purchase Agreement with Microsoft for Morrow Lake Solar and Cradle Solar Facilities: March 27, 2024 09:00 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. (“Microsoft”). […]