PHINIA Unveils Plan for $400 Million Senior Notes Offering, Maturing in 2032
PHINIA Inc. (NYSE: PHIN) announced plans to offer $400 million in aggregate principal of unsecured senior notes, due 2032, through a private offering, pending market conditions and customary requirements. This offering will be exempt from registration under the Securities Act…
Discover Energy Systems Renames Itself Bloom Power
Discover Energy Systems, a leader in energy storage for solar, mobile, and motive applications, is excited to announce its rebranding, marking a significant milestone in the company’s evolution. Effective immediately, the company will operate under the name Bloom Power. This…
Kodiak Gas Services Announces Pricing of Common Stock Offering by Selling Stockholder
Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) has announced the pricing of an underwritten public offering of 6,086,957 shares of its common stock by an affiliate of EQT Infrastructure III and EQT Infrastructure IV (the “selling stockholder”)…
Xcel Energy Appoints Todd Wehner as Treasurer
Xcel Energy has announced the appointment of Todd Wehner as the company’s new treasurer and vice president. Paul Johnson will continue his role as vice president of treasury and investor relations. “Todd is a proven financial leader who has demonstrated…
Nodal Exchange Partners with IncubEx to Introduce New Carbon and REC Contracts
Nodal Exchange and IncubEx have announced plans to launch several new environmental futures contracts, pending regulatory approval. These contracts are set to be listed on September 17, 2024, and include the following: The Alberta Technology Innovation and Emissions Reduction (TIER)…
GoldenPeaks Capital Secures Financing from AB CarVal-Managed Funds
GoldenPeaks Capital, a leading independent power producer in Eastern Europe, has partnered with AB CarVal, a global credit fund within AllianceBernstein’s Private Alternatives business, to establish a unique junior financing facility. This collaboration will support GoldenPeaks Capital in acquiring and…
BroadRange Logistics Boosts Solar Industry Expansion with New Warehousing Solutions at RE+ 2024
BroadRange Logistics, a leading 3PL provider for the solar industry, is set to showcase its expanded warehousing solutions at RE+ 2024 in Anaheim, California next week. The company will highlight its significant growth over the past year, including partnerships with…
Avangrid’s New England Wind 1 Project Chosen in Massachusetts’ Offshore Wind Solicitation
Avangrid, Inc. (NYSE: AGR), a prominent sustainable energy company and part of the Iberdrola Group, has been awarded 791 megawatts (MW) for its New England Wind 1 project by the Commonwealth of Massachusetts. This offshore wind development, located in federal…
LABC Study: Government and Industry Must Coordinate to Meet 2035 Zero-Emission Truck Deadline at San Pedro Bay Ports
A new study commissioned by the Los Angeles Business Council reveals that trucking companies servicing the Ports of Los Angeles and Long Beach face major challenges in transitioning to zero-emission drayage fleets by 2035, as mandated by California’s Advanced Clean…
Kosmos Energy Unveils Senior Notes Offering
Kosmos Energy Ltd. (NYSE/LSE: KOS) has announced its intention to offer $500 million in senior notes due in 2031, subject to market conditions. The proceeds from this offering, along with available cash, will be used to fund tender offers for…
Innovex and Dril-Quip Finalize Merger, Forming Unified Industrial Energy Platform
Dril-Quip, Inc. (NYSE: DRQ), a leading provider of highly engineered equipment and services for the international oil and gas industry, has completed its merger with Innovex Downhole Solutions, Inc., a company specializing in products for onshore and offshore exploration and…
Cognite Launches Atlas AI™ Definitive Guide: The Premier Manual for Industrial AI Agents
Cognite, a global leader in industrial AI, has launched The Cognite Atlas AI™ Definitive Guide to Industrial Agents, a comprehensive manual aimed at helping companies accelerate the development and scaling of AI solutions, while reducing the time to value. “The…