EJ Group Acquires State Electric Corporation to Expand Northeast Presence
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EJ Group Acquires State Electric Corporation to Expand Northeast Presence

ByAlice Temper

Description about the company receiving the funding: State Electric Corporation is a leading fullservice electrical contractor headquartered in Bedford, Massachusetts. Since its inception in 1988, it has become one of the most respected and trusted contractors in New England, specializing in healthcare, life science, commercial, sports & entertainment, transportation, power and renewable energy, transmission, distribution,…

Empire Petroleum Corporation Increases Revolver Loan to $20 Million
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Empire Petroleum Corporation Increases Revolver Loan to $20 Million

ByAlice Temper

Empire Petroleum Corporation, a publicly traded company based in Tulsa, Oklahoma, focuses on oil and gas production. Empire is enhancing its financial resources by expanding its Revolver Loan Agreement with Equity Bank. The agreement increases the total principal commitment to $20.0 million, up from an initial $10.0 million, through December 29, 2026. Currently, Empire has…

Pivot Energy Secures $450 Million to Support 300 Megawatts of Community Solar Projects
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Pivot Energy Secures $450 Million to Support 300 Megawatts of Community Solar Projects

ByAlice Temper

Pivot Energy, a leading national renewable energy provider and independent power producer, has secured a $450 million debt warehouse facility to finance the construction of 300 Megawatts DC of distributed generation projects across the U.S. This facility, led by First Citizens Bank with strategic participation from ATLAS SP Partners and additional support from Bank United,…

Oklo Inc. Announces Collaboration Between Atomic Alchemy Inc. and Zeno Power Systems, Inc.
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Oklo Inc. Announces Collaboration Between Atomic Alchemy Inc. and Zeno Power Systems, Inc.

ByAlice Temper

Description about the company receiving the funding: Oklo Inc. is an advanced nuclear technology company that is developing fast fission power plants to provide clean, reliable, and affordable energy at scale. The company has received a site use permit from the U.S. Department of Energy, fuel material from Idaho National Laboratory, and is working on…

Silfab Solar Secures $100 Million in Financing to Enhance Solar Manufacturing Operations
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Silfab Solar Secures $100 Million in Financing to Enhance Solar Manufacturing Operations

ByAlice Temper

Silfab Solar Inc. (“Silfab”) is North America’s leading photovoltaic (“PV”) module manufacturer. The company has secured 0 million in new financing to expand its advanced solar cell manufacturing plant in Fort Mill, South Carolina. This funding will be dedicated to enhancing Silfab’s cell production and PV module manufacturing capabilities, catering to the increasing demand for…

Pennsylvania American Water Acquires Farmington Township and Corner Water Systems in Clarion County
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Pennsylvania American Water Acquires Farmington Township and Corner Water Systems in Clarion County

ByAlice Temper

Pennsylvania American Water, a subsidiary of American Water, completed the acquisition of the Farmington Township water and wastewater system located in Clarion County, Pennsylvania. Additionally, an agreement to purchase the water system assets of the Corner Water Supply and Service Corporation in the same county has been finalized. The combined acquisition of these systems amounts…

Valveworks USA Acquires Lancaster Flow Automation to Enhance Choke Technology Offerings
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Valveworks USA Acquires Lancaster Flow Automation to Enhance Choke Technology Offerings

ByAlice Temper

Valveworks USA has announced the acquisition of Lancaster Flow Automation effective October 31, 2024. Lancaster Flow Automation, based in Houston, Texas, is known for its highend and innovative choke products, having served its market for over 30 years with patented technology and advanced applications. Recognized for its expertise and innovation in choke technology, Lancaster manufactures…

Iontra Inc Secures $45M Series C Funding to Advance NextGeneration Battery Charging Technology
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Iontra Inc Secures $45M Series C Funding to Advance NextGeneration Battery Charging Technology

ByAlice Temper

Iontra Inc, a Coloradobased leader in nextgeneration battery charging technology, has successfully completed its $45M Series C funding round, bringing its total raised to $120.3 million. The funding will support the companys growth and development of their technology, which maximizes performance and efficiency across various consumer and industrial products. The funding round was led by…

Australian Concerns Over Korea Zinc Ownership Battle Highlight National Security and Economic Implications
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Australian Concerns Over Korea Zinc Ownership Battle Highlight National Security and Economic Implications

ByAlice Temper

The ongoing ownership battle for Korea Zinc (KRX:010130), the world’s largest zinc smelter, has stirred concerns among Australian lawmakers. The conflict involves Korea Zincs Chairman Yun B. Choi and an alliance led by MBK Partners and Young Poong. The dispute has raised fears about potential disruptions in clean energy projects and the global zinc supply…