Browsing Tag
Texas
438 posts
Hypercharge Networks plans US$4.75m REVS deal to build first US EV charging platform
Hypercharge Networks Corp. plans to acquire Texas-based REVS Charging LLC for an enterprise value of about US$4.75 million, using mostly shares and performance-linked consideration as it seeks its first operating platform in the United States.
Comstock plans $1.65bn SOCAR deal that could cut net debt from $3.1bn to $1.5bn
Comstock Resources has outlined a $1.65 billion partnership with SOCAR and a separate $450 million Jerry Jones drilling venture designed to cut leverage while accelerating Haynesville development.
SB Energy heads for IPO with $439bn backlog and Nvidia committing $3bn
SoftBank-backed SB Energy has filed for a Nasdaq IPO with about $439 billion of contracted backlog and 8.8 GW of data-centre capacity contracted or under construction. Yet none of its data centres is operating today, first-half revenue was only $138.7 million and the company reported a $3.21 billion net loss distorted heavily by OpenAI warrant revaluation. The listing will test how much public investors are prepared to pay today for AI infrastructure cash flows stretching decades into the future.
Bamboo Insurance has $879m of managed premium, but its IPO comes with a $548m debt question
CVC-backed Bamboo Insurance Services has filed for a New York Stock Exchange listing after managed premium approached $879 million and first-half revenue grew 40%. The capital-light insurance model is producing strong adjusted margins, but a $548 million term loan, declining GAAP profit and catastrophe exposure will make the eventual IPO price critical.
Gatik’s autonomous trucks have completed 85,000 driverless orders, so why is the next stage much harder?
Gatik has secured $200 million after completing 85,000 fully driverless orders and building more than $600 million in contracted revenue. With PepsiCo, Loblaw and other major customers moving beyond pilots, the next test is whether dozens of autonomous trucks can become thousands without weakening safety, service levels or fleet economics.
Why SCHEELS thinks a Ferris wheel and aquarium belong inside a sporting goods store
SCHEELS opens a 300,000-square-foot Texas store, testing whether costly experiential retail can turn destination traffic into durable store economics.
USA Rare Earth lands $750m U.S. government backing for Serra Verde rare earth supply
USA Rare Earth secured $1.55B of backing for Serra Verde, including $750M from the U.S. government and a $300M purchase contract.
nVent to acquire Maverick Power for $1.75bn as AI data-center infrastructure push accelerates
nVent is buying Maverick Power for $1.75B to expand its AI data-center power platform, with another $550M tied to future performance.
Sage Geosystems puts Texas geothermal facility in service as 120-day test clears key commercial hurdle
Sage Geosystems has completed more than 120 days of operations at its 3 MW Texas facility, supplying reservoir data for a larger geothermal project with Ormat in Nevada.
Vantage Data Centers explores $100bn IPO as AI infrastructure boom puts mega-valuation to the test
Vantage Data Centers is reportedly evaluating an IPO that could value the hyperscale infrastructure company at about $100 billion, alongside possible sale options. The potential valuation would put Vantage close to Equinix in public-market scale, making contracted AI demand, debt, power availability and returns on billions of dollars of new capacity the critical tests.