Chesapeake Energy Corporation and Southwestern Energy Company Announce Merger Completion and Rebranding as Expand Energy
| | |

Chesapeake Energy Corporation and Southwestern Energy Company Announce Merger Completion and Rebranding as Expand Energy

ByAlice Temper

Chesapeake Energy Corporation and Southwestern Energy Company have successfully completed their merger under the HartScottRodino Act, with the waiting period expiring. The combined entity will now operate as Expand Energy Corporation and begin trading on NASDAQ under the ticker symbol EXE following the mergers closure in the first week of October. Expand Energy Corporation will…

OPAL Fuels Inc. Announces Sale of $11.1 Million in Inflation Reduction Act Investment Tax Credits
| | |

OPAL Fuels Inc. Announces Sale of $11.1 Million in Inflation Reduction Act Investment Tax Credits

ByAlice Temper

OPAL Fuels Inc., a leader in the capture and conversion of biogas into low carbon intensity RNG and renewable electricity, has announced the sale of approximately $11.1 million in Inflation Reduction Act investment tax credits to a subsidiary of Apollo Global Management, Inc. The funding will be used to continue funding OPAL Fuels strategic growth…

Combined Company Offers Design, Engineering, Logistics and Procurement Solutions for Growing Sustainable Energy Market
| |

Combined Company Offers Design, Engineering, Logistics and Procurement Solutions for Growing Sustainable Energy Market

ByAlice Temper

AMS Renewable Energy, a leading distributed solar and storage EPC company based in New York City, has announced the strategic acquisition of Collective Solar, a distributed generation solar construction firm in Oswego, NY. The acquisition will enable AMS to expand its EPC work across the northeast and midAtlantic markets to address the growing demand for…

LS Power Closes $2.7 Billion Fund V for Power and Energy Infrastructure Investments
| | |

LS Power Closes $2.7 Billion Fund V for Power and Energy Infrastructure Investments

ByAlice Temper

LS Power Group, a prominent player in the North American power and energy infrastructure industry, has successfully closed its latest fund, LS Power Equity Partners V, L.P. (Fund V), with total commitments exceeding the $2.5 billion target at approximately $2.7 billion. Fund V aims to invest in power and energy infrastructure assets, platforms, and companies…

Pembina Pipeline Corporation Announces Acquisition and Future Infrastructure Development Agreement with Whitecap Resources Inc.
| | | |

Pembina Pipeline Corporation Announces Acquisition and Future Infrastructure Development Agreement with Whitecap Resources Inc.

ByAlice T

Pembina Pipeline Corporation, through its gas processing entity Pembina Gas Infrastructure Inc. (PGI), has entered into a purchase and sale agreement with Whitecap Resources Inc. to acquire a 50 percent working interest in Whitecap’s 1507 Kaybob Complex and support the infrastructure development for Whitecap’s Lator growth area. The Transaction, valued at $420 million gross proceeds,…

Reactive Technologies Secures £25 Million in Series D Funding Round
| | |

Reactive Technologies Secures £25 Million in Series D Funding Round

ByAlice Temper

Reactive Technologies, a UK and Finlandbased leader in grid stability measurements, has successfully completed a £25 million Series D funding round. The funding will support the companys global expansion initiatives and key hiring endeavors to advance the realization of contracted projects worldwide. Reactive Technologies addresses challenges related to grid stability caused by the increasing integration…

NextDecade Corporation Provides Update on Developmental and Strategic Activities
| | | |

NextDecade Corporation Provides Update on Developmental and Strategic Activities

ByAlice Temper

NextDecade Corporation, a leading energy company, is accelerating the path to a netzero future. The company is focused on providing cleaner energy solutions through its subsidiaries Rio Grande LNG and NEXT Carbon Solutions. In the first quarter of 2024, NextDecade updated on the progress of Phase 1 construction at the Rio Grande LNG Facility, which…

Applied Underwriters Announces Sale of Centauri Insurance to Lilypad Insurance
| | | |

Applied Underwriters Announces Sale of Centauri Insurance to Lilypad Insurance

ByAlice Temper

Applied Underwriters has strategically sold its Sarasotabased Centauri Insurance to Lilypad Insurance, a subsidiary of Arbol Inc., a climate risk solutions provider. The transaction is subject to regulatory approval and is expected to close within the next 45 days. Centauri Insurance, with companies domiciled in Florida and Louisiana, will now be consolidated with Lilypad Insurance…

Zevero Acquired by LEVELUP, Securing MultiMillionPound Deal for Global Expansion
| | | | |

Zevero Acquired by LEVELUP, Securing MultiMillionPound Deal for Global Expansion

ByAlice Temper

Zevero, a decarbonisation platform empowering companies to reach a net zero future, has been acquired by Singaporebased climate tech startup, LEVELUP. The multimillionpound deal will see the two companies merge under the Zevero brand and expand operations across Asia, Europe, and the U.S., aiming to tap into the global $15 billion carbon accounting market. Zeveros…

Peabody Completes Acquisition of Wards Well Coal Deposit
| | |

Peabody Completes Acquisition of Wards Well Coal Deposit

ByAlice Temper

Peabody (NYSE: BTU) has successfully finalized the acquisition of the Wards Well coal deposit, enhancing its position in the coal mining industry. The company plans to utilize the acquired asset to extend the mine life of its Centurion Mine Complex. A significant cash consideration of $136 million was paid for the acquisition, with a potential…