industrynews

Arevon Secures $351 Million Financing Package for its Gibson Solar Project in Indiana: Arevon closes its sixth transaction in the last year totaling $3 billion in project financings SCOTTSDALE, Ariz. and PRINCETON, Ind., Sept. 17, 2024 /PRNewswire/ — Arevon Energy, Inc., a leading renewable energy developer, owner, and operator, has closed financing on a $351 […]

8 Rivers Secures Investment from JX Nippon for First Commercial Deployment of the Calcite Direct Air Capture Technology: DURHAM, N.C., Sept. 17, 2024 (GLOBE NEWSWIRE) — 8 Rivers Capital, LLC, a world-leading decarbonization technology and project developer, announced an investment from JX Nippon Oil Exploration (U.S.A.) Limited, an affiliate company of JX Nippon Oil & […]

SCF Acquires Newpark Fluids Systems: September 13, 2024 08:40 PM Eastern Daylight Time HOUSTON–(BUSINESS WIRE)–SCF Partners, Inc. (“SCF”) is pleased to announce its acquisition of the Newpark Fluids Systems business (“NFS”), a leading global pure-play oil & gas and geothermal fluids solution provider, from Newpark Resources Inc. (NYSE: NR). Newpark Fluids Systems provides a full […]

Ara Partners Launches New Strategy to Decarbonize Conventional Energy Value Chain in Partnership with HF Capital: Ara Energy Decarbonization to be Led by Shameek Konar, Former CEO of Pilot, and Team of Energy and Commodities Experts HF Capital, Investment Arm of Haslam Family, Commits up to $725 Million to Ara’s Strategies Ara to Leverage Proven […]

Apollo Funds Acquire Freedom CNG, a Leading Provider of Renewable Natural Gas Fueling Infrastructure: HOUSTON and NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Apollo-managed funds (the “Apollo Funds”) have acquired a majority interest in Freedom CNG (“Freedom”), an owner and operator of compressed natural gas (CNG) and renewable […]

Navajo Transitional Energy Company Awarded $6.55 Million by the U.S. Department of Energy for Carbon Capture Study at Four Corners Power Plant: September 12, 2024 04:56 PM Eastern Daylight Time FARMINGTON, N.M.–(BUSINESS WIRE)–Navajo Transitional Energy Company (NTEC) is proud to announce that the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) today […]

Apollo partners with bp in Trans Adriatic Pipeline 16 September 2024 Apollo Funds to become a non-controlling shareholder in bp Pipelines TAP Limited, an entity which holds a 20% stake in Trans Adriatic Pipeline AG Provides Apollo exposure to a world-class energy asset; allows bp to unlock near-term value and capital for efficient reallocation Separately, […]

BKV Corporation Announces Launch of Initial Public Offering: September 16, 2024 06:15 AM Eastern Daylight Time DENVER–(BUSINESS WIRE)–BKV Corporation (“BKV”) today announced that it has launched the initial public offering of 15,000,000 shares of its common stock. The underwriters will have a 30-day option to purchase an additional 2,250,000 shares from BKV at the initial […]

Doe Announces Loan Conditional Commitment Toward $2.4B Wabash Valley Resources Project To Produce Low-Carbon Fertilizer And Revitalize Coal Community: News provided by Wabash Valley Resources Sep 16, 2024, 10:45 ET WEST TERRE HAUTE, Ind., Sept. 16, 2024 /PRNewswire/ — In a groundbreaking move to bolster American agriculture and improve air quality, the Department of Energy’s Loan Programs […]

Gevo to Acquire Red Trail Energy Assets in North Dakota, Including Operating Low-Carbon Ethanol Production and Carbon Sequestration Facilities, Expanding Platform for Sustainable Aviation Fuel, Hydrocarbons, and Chemicals: ENGLEWOOD, Colo., Sept. 12, 2024 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), a leading developer of net-zero hydrocarbon fuels and chemicals, is pleased to announce that it […]