Description about the company receiving the funding: Alchemyca is a company that utilizes enzymes, sensors, and AI to improve the conversion of organic waste into renewable natural gas. They focus on enhancing the efficiency of biogas production, aiming to make organic waste a viable, lowcost feedstock for versatile chemicals and fuels. Led by renewable energy…
Northwest Natural Holding Company (NW Natural Holdings) announced its agreement to acquire SiEnergy Operating, LLC for $273 million in cash. SiEnergy is a rapidly growing natural gas distribution utility serving around 70,000 residential and commercial customers in Houston, Dallas, and Austin. The funding will facilitate NW Natural Holdings expansion into the Texas market, leveraging SiEnergy’s…
Piedmont Lithium Inc. and Sayona Mining Limited have signed a definitive agreement to merge their businesses, resulting in a top lithium producer in North America, referred to as MergeCo. This merger will create an equal equity holding for shareholders of both companies, estimated at 50% each, immediately after the closing of the transaction in the…
Ion Storage Systems (ION), an innovator in advanced solidstate battery technology, has secured a $10 million debt investment from Leonid Capital Partners. This funding aims to accelerate ION’s mission to deliver safer and more efficient energy solutions via their groundbreaking bilayer ceramic electrolyte technology. ION is making strides in energy storage by addressing key safety…
Lyten, a supermaterial applications company renowned for its lithiumsulfur batteries, is acquiring Cubergs San Leandro lithiummetal battery manufacturing facility and related cellmaking equipment. Lyten plans to convert this facility to support lithiumsulfur production and expand its capacity, aiming to produce up to 200 MWh of batteries in the Bay Area once fully operational. This strategic…
Waterous Energy Fund Management Corp. (the WEF Manager) has successfully closed its previously announced acquisition of 29,988,854 common shares of Greenfire Resources Ltd. (Greenfire). This acquisition represents approximately 43.3% of the issued and outstanding common shares of Greenfire. The transaction was completed for a cash consideration of USD $8.05 per purchased share, amounting to a…
New Era Helium Corp. (NEH) is an exploration and production company specializing in helium sourced from natural gas reserves in North America. The company currently owns and operates over 137,000 acres in Southeast New Mexico and has over 1.5 billion cubic feet of proved and probable helium reserves. The proposed business combination with Roth CH…
Nexans, a global leader in the energy transition, has announced the execution of an agreement to sell AmerCable to Mattr for an Enterprise Value of $280 million, subject to regulatory clearance. AmerCable is a U.S.based manufacturer specializing in electrical power, control, and instrumentation cables for harsh environments, serving primarily the mining and oil & gas…
Company Receiving the Funding: JERA Ventures is the corporate venture capital arm of JERA, Japans largest power generation company. What the Funding Will Be Used For: The collaboration between Plug and Play and JERA Ventures aims to leverage emerging technologies and business models in Silicon Valley and beyond, focusing on developing solutions that ensure universal…
Pure Lithium Corporation, a Bostonbased verticallyintegrated lithium metal battery technology company, is set to conduct a roadshow in New York during the week of November 18, 2024. The roadshow aims to promote the companys upcoming Series B fundraise, expected to raise between $75 million and $100 million in Q1 2025. The funds will support the…