industrynews

Blackstone Announces Agreement to Acquire Shermco for Approximately $1.6 Billion Aug 21, 2025 10:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Shermco, a leading provider of full life-cycle electrical equipment services, from Gryphon Investors, a […]

Enstor to Acquire Black Bear Transmission From Basalt Infrastructure Partners Aug 19, 2025 8:52 PM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–Enstor Pipeline Holdings, LLC, an affiliate of Enstor Gas, LLC (together “Enstor”), today announced it has signed a purchase and sale agreement with funds advised by Basalt Infrastructure Partners (“Basalt”) to acquire Black Bear Transmission Opco, […]

Sempra and ConocoPhillips Extend Partnership with Offtake Agreement for Port Arthur LNG Phase 2News provided by Sempra Aug 21, 2025, 08:30 ET SAN DIEGO, Aug. 21, 2025 /PRNewswire/ — Sempra (NYSE: SRE) today announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips (NYSE: COP) have signed a definitive 20-year sale and purchase agreement (SPA) for 4 million […]

Entergy Louisiana receives LPSC approval for major infrastructure investments to support Meta’s data center and improve reliability: New generation and transmission projects to provide benefits for all customers in Louisiana BATON ROUGE, La., Aug. 20, 2025 /PRNewswire/ — The Louisiana Public Service Commission, or LPSC, has approved a landmark agreement that paves the way for Entergy […]

WattBuy Acquired by Schneider Electric to Accelerate Residential Electrification in the U.S.: WattBuy to Collaborate with EnergySage and Qmerit to Deliver Unmatched Electrification Experiences for Homeowners BOSTON, Aug. 21, 2025 /PRNewswire/ — WattBuy, a software company providing personalized energy insights and electrification solutions for residential customers, today announced that it has been acquired by Schneider […]

Caterpillar and Hunt Energy Company, L.P. Sign Long-Term Strategic Agreement to Deliver Power Solutions for Data Centers: IRVING, Texas, Aug. 21, 2025 /PRNewswire/ — Caterpillar Inc. (NYSE: CAT) and Hunt Energy Company, L.P. (Hunt Energy) today announced a long-term strategic collaboration agreement focused on delivering highly efficient, independent energy production. With customer success at the core […]

Aalo Closes $100M Series B We are excited to announce that Aalo has closed a $100M Series B financing round, led by Valor Equity Partners. Matt Loszak August 19, 2025 We are excited to announce that Aalo has closed a $100M Series B financing led by Valor Equity Partners, with participation from new and existing […]

OCI Energy and Sabanci Renewables Expand Partnership with Back-to-Back Texas Solar Transactions Totaling 286 MWdc: SAN ANTONIO, Aug. 15, 2025 (GLOBE NEWSWIRE) — OCI Energy and Sabanci Renewables today announced the successful closing of the sale of Project Lucky 7 Solar, a 100 MWac / 130MWdc project located in Hopkins County, Texas, within the ERCOT-North […]

Diamondback Energy, Inc.’s Subsidiary Viper Energy, Inc. Closes Acquisition of Sitio Royalties: MIDLAND, Texas, Aug. 19, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced that its publicly traded subsidiary, Viper Energy, Inc. (NASDAQ: VNOM) (“Viper”), has closed its previously announced acquisition of Sitio Royalties Corp. (“Sitio”). Additionally, the […]

ELLIPSIS U.S. ONSHORE HOLDINGS ANNOUNCES STRATEGIC ACQUISITIONS AND FARMOUT AGREEMENT TO EXPAND NON-OPERATED PORTFOLIONews provided by Westlawn Group Aug 19, 2025, 15:08 ET DALLAS, Aug. 19, 2025 /PRNewswire/ — Ellipsis U.S. Onshore Holdings LLC (“Ellipsis”), a portfolio company of the Westlawn Group (“Westlawn”), is pleased to announce it has completed two transactions that further expand its […]