Vitesse Energy, Inc. and Lucero Energy Corp. have announced a definitive agreement for Vitesse to acquire Lucero in an all-stock transaction valued at approximately $222 million on a fully diluted equity basis. This strategic move will bolster Vitesse’s presence in…
Apex Clean Energy has announced the successful financing of its 300 MW Prosperity Wind facility, marking a significant milestone in the company’s renewable energy portfolio. The financing was secured through tax equity commitments from lead investor J.P. Morgan and another…
Following the stock exchange announcement made on 15 August 2024 regarding the acquisition of 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd (OSE ticker: “AGAS”), BW LPG Limited (“BW LPG” or the “Company,” OSE ticker: “BWLPG.OL,”…
Constellation, the leading U.S. producer of reliable, emissions-free energy, has announced changes to its board of directors. Peter Oppenheimer and Eileen Paterson will join the board on December 16, 2024, while Laurie Brlas, an independent director with a long tenure,…
Factorial Inc., a leader in solid-state battery technology, announced today the successful scaling of its Solstice™ all-solid-state battery cells to a 40Ah capacity. These A-sample cells, designed for automotive applications, are produced using an innovative dry cathode coating process, showcasing…
IDE Technologies, a global leader in water treatment solutions, announced today that it has been awarded the prestigious IDRA Industry and Sustainability Award for the Lowest Carbon Footprint in Desalination. The award recognizes the company’s pioneering work on the Sorek…
Global energy technology leader SLB has announced that its OneSubsea™ joint venture has been awarded a significant contract by Petrobras. This award, secured through a competitive tender process, involves the provision of two subsea raw seawater injection (RWI) systems to…
Bloom Energy, a global leader in stationary fuel cell power generation, has announced a project financing partnership with HPS Investment Partners (HPS) and Industrial Development Funding (IDF), two prominent infrastructure capital providers. The partnership will involve the acquisition of 19…
Convergent Energy and Power (Convergent), a leading provider of distributed energy storage solutions, has announced the closure of a significant financing deal with Mitsubishi UFJ Financial Group (MUFG). The funding includes a construction-to-term loan, tax equity bridge loan, and a…
Avangrid, Inc., a leading sustainable energy company and member of the Iberdrola Group, has announced plans to purchase more than 130 new hybrid bucket trucks over the next three years as part of its ongoing efforts to electrify its fleet…
STEP Energy Services Ltd. has announced its 2025 capital budget, provided updates on operations and financial performance, and addressed the impact of recent market conditions. 2025 Capital Budget STEP’s 2025 capital budget is set at $78.9 million, including $46.7 million…
Clarum Advisors, a leader in energy transition strategy, has launched its Energy Transition Advisory Practice to accelerate the shift toward a low-carbon economy. Supported by ClearSky, a venture capital and growth equity firm specializing in cybersecurity and energy transition, this…