Browsing Tag
PJM Interconnection
32 posts
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.
Google turns to Eos Energy for long-duration storage as West Virginia data-center power demand grows
Eos Energy stock surged after Google backed a $350 million West Virginia power project using its zinc batteries. See why the deal matters.
Hecate Energy’s $1.2bn public listing moves forward after lender issues are resolved
Hecate Energy clears a major hurdle to its $1.2 billion Nasdaq deal as its 47 GW power pipeline targets surging U.S. data-center demand.
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.
Fusion just pulled in another $1bn, and Commonwealth Fusion Systems is the market test
Commonwealth Fusion Systems’ latest $1 billion equity raise brings its total capital to $4 billion, but the real test is whether SPARC can unlock a financeable path to the ARC fusion power plant in Virginia.
Capital Power AFFO rises 40% as Meta data centre deal secures 250 MW
Capital Power secured a 250 MW Meta agreement as acquisitions lifted earnings, but tax credits and financing costs complicate the outlook.
Strategic Value Partners to buy South Field Energy stake as PJM capacity squeeze deepens
Strategic Value Partners is buying into South Field Energy as PJM capacity tightens. The deal tests whether scarce gas power can deliver durable returns.
Blue Energy secures Constellation investment to push shipyard-built nuclear toward project finance
Constellation Technology Ventures backs Blue Energy's shipyard-built nuclear model, with Texas site works targeted for 2026 and a final decision in 2027.
US heat wave puts 185 million under alerts as July 4 events are cancelled
A dangerous US heat wave has put 185 million people under alerts, cancelled July 4 events and strained power grids across major cities.
Elementl Power plans 1.5 GW Ohio nuclear project using five BWRX-300 reactors
Elementl Power plans a 1.5 GW Ohio nuclear plant using GE Vernova’s BWRX-300 reactors. Discover the financing, timeline and risks shaping the project.