Browsing Tag
Pennsylvania
133 posts
Why Chord Energy is selling 32,000 Marcellus acres to POSCO for $550m
Chord Energy Corporation is selling its entire non-operated Marcellus position to POSCO International Corporation for $550 million, leaving the producer focused exclusively on the Williston Basin.
Shell sells RISEC power plant for $715m and buys Pennsylvania gas generation
Shell is selling its 609 MW RISEC gas plant interests for $715 million while acquiring 169 MW at Hunlock Creek, replacing raw generation scale with a smaller asset positioned inside the PJM power market.
KDP has nearly $29bn of pro forma net debt, so the $925m Chobani deal has a clear purpose
KDP is selling its Chobani stake and Pennsylvania facility for $925m, using the cash to reduce debt while preserving La Colombe distribution economics.
Federal voter fraud investigations expand across nine states weeks before November midterm elections
DHS launches voter fraud investigations across nine states ahead of the 2026 midterms, intensifying disputes over federal authority and election security.
250 Eos Energy workers are affected by a factory move. Here’s what happens to their jobs
Eos Energy Enterprises is moving battery manufacturing from Turtle Creek to its larger Thorn Hill facility, affecting about 250 employees, including 205 union-represented workers, while committing to offer every affected employee continued work within the company.
US records first measles deaths of 2026 as Pennsylvania outbreak reaches 393 cases
Two unvaccinated Lancaster County residents have died as Pennsylvania battles 393 measles cases and the United States experiences its largest outbreak in more than three decades.
Pennsylvania plane-helicopter crash investigation deepens after NTSB recovers crucial flight data
NTSB recovers crucial flight data after a Cessna hits a Pennsylvania police helicopter, killing one pilot and leaving investigators searching for answers.
Equinor to pay $940m for Lackawanna as Appalachian gas strategy moves into PJM power
Equinor is paying $940 million for preferential economic rights in Pennsylvania’s 1,483MW Lackawanna Energy Center, adding gas-fired generation beside a 1.7 Bcf/d Appalachian gas position as PJM prepares for sharply higher electricity demand.
Alpha Compute (Nasdaq: ALP) enters US data center development with Pennsylvania term sheet
Alpha Compute's $55m Pennsylvania land and gas rights term sheet targets a 200MW AI campus, but a $4.5m market cap and $500m total build define the risk.
Vistra Q2 EBITDA jumps 31% as Cogentrix and Meta nuclear deals set up the next earnings test
Vistra delivered $1.77 billion of second-quarter adjusted EBITDA as higher power prices, capacity revenue and acquired gas generation lifted earnings. Cogentrix and Meta could add another layer from 2027, but a sharp VST share-price pullback shows investors are demanding proof that scarce dispatchable power can translate into durable per-share growth.