Encavis AG, a leading German wind and solar park operator listed on the Prime Standard segment of the Frankfurt Stock Exchange under the symbol ECV and part of the MDAX index, has announced a significant partnership with Blitz 21-823 AG (soon to be Elbe BidCo AG, “BidCo”), a holding company influenced by investment funds and […]
Excelsior Energy Capital, a forefront investor in renewable energy infrastructure, has marked a significant milestone by announcing the sale of its portfolio of 38 solar energy and solar plus storage projects to BlackRock’s Evergreen Infrastructure Partners Fund. This strategic divestiture encompasses Excelsior’s entire stake within its Fund I portfolio, showcasing the fund’s successful exit strategy […]
In a significant move towards bolstering the renewable energy sector, NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, India’s largest integrated power utility, has entered into a Joint Venture Agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO). This partnership aims to develop GW-scale renewable energy parks in Maharashtra, marking a […]
Iberdrola, a global energy giant, has successfully finalized the sale of a significant portion of its operations in Mexico, marking a pivotal shift in its business strategy within the country. This transaction, valued at approximately $6.2 billion (€5.8 billion), entails the transfer of a 55% stake in Iberdrola’s Mexican business to a new entity, underscoring […]
In a significant stride towards energy transition and carbon capture initiatives, Santos has successfully secured financing for its share of the US$220 million Moomba Carbon Capture and Storage (CCS) project located in South Australia. The financing, amounting to US$150 million with a tenure of five years, aims to cover the incurred project costs to date […]
Braya Renewable Fuels has announced the commencement of its commercial operations, marking a significant milestone in the renewable energy sector. This achievement is the culmination of the refinery conversion project, positioning Braya as a key player in providing renewable fuel solutions essential for the energy transition. The company’s journey towards this accomplishment has been fueled […]
In a significant development within the UK’s energy sector, Kistos plc, known for its commitment to low carbon intensity hydrocarbon production, has announced the acquisition of EDF Energy (Gas Storage) Limited from EDF Energy (Thermal Generation) Limited for a total consideration of £25 million. This strategic transaction includes two key gas storage facilities, Hill Top […]
California Resources Corporation (CRC), a leading independent energy and carbon management company, has announced a definitive merger agreement with Aera Energy, LLC, marking a significant step in the energy sector’s transition towards more sustainable practices. This all-stock transaction, valued at approximately $2.1 billion, including Aera Energy’s net debt and certain obligations, is poised to reshape […]
Sempra Infrastructure, a key player in the energy sector and a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), has announced a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC). This strategic move aims to cooperate on opportunities that advance the energy transition, focusing on enhancing the global energy supply chain through […]
Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has joined forces with Macquarie University to launch the TCS GoZero Hub. This research and innovation center is set to guide Australian organizations on their path towards net zero carbon emissions, aligning with the ambitious goals of COP28. Focus on Core […]