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Ormat Technologies Announces Strategic Commercial Agreement With Sage Geosystems Inc.

Ormat Technologies Announces Strategic Commercial Agreement With Sage Geosystems Inc. : RENO, Nev., Aug. 28, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today has announced the signing of a strategic commercial agreement with Sage Geosystems Inc. (“Sage”), a pioneer in next-generation geothermal and energy storage technology. The agreement marks a significant milestone in Ormat’s pursuit of innovative and sustainable energy solutions. Under the terms of the agreement, Sage will pilot its advanced Pressure Geothermal technology to extract geothermal heat energy from hot dry rock at an existing Ormat power plant. This collaboration aims to significantly reduce the time needed to bring geothermal energy to market and is expected to enhance Ormat’s operational efficiency while accelerating the implementation of next-generation geothermal solutions. Following the successful completion of the pilot project, Orma...

Group14 Closes US$463M Series D Funding Round and Acquires 100% Ownership of BAM Factory in South Korea from SK, Inc.

Group14 Closes US$463M Series D Funding Round and Acquires 100% Ownership of BAM Factory in South Korea from SK, Inc. News provided by  Group14 Technologies 20 Aug, 2025, 19:02 CST SK leads Series D to accelerate the scale and global delivery of SCC55®. Group14 also acquires the 75% balance of the South Korea joint venture with SK, taking direct control over the manufacture of the company's silicon battery material in Asia. WOODINVILLE, Wash., Aug. 20, 2025 /PRNewswire/ -- Group14 Technologies today announced that it has closed a US$463M round led by SK, Inc., with strong participation of other existing investors, including Porsche Investments, ATL, OMERS, Decarbonization Partners, Lightrock Climate Impact Fund, Microsoft Climate Innovation Fund, and others. The funds will be used to continue scaling the manufacture of Group14's silicon battery material, SCC55, in the U.S. and South Korea, and help meet overwhelming demand amid surging requirements for energy storage worldwide...

GDEV Management Announces Over $200MM of Fund II Capital Commitments to Scale Distributed Energy Platforms Across North America

GDEV Management Announces Over $200MM of Fund II Capital Commitments to Scale Distributed Energy Platforms Across North America : NEW YORK, Aug. 27, 2025 (GLOBE NEWSWIRE) -- GDEV Management, LLC (“GDEV”), a leading middle-market specialist in distributed energy resources, today announced it has secured more than $200 million in capital commitments to its second flagship fund (“Fund II”). Limited Partners include a large Canadian pension plan and multiple U.S. insurance companies. GDEV’s Fund II represents a continued focus on the firm’s strategy of building and scaling distributed energy resource (DER) platforms into mature infrastructure businesses that, in turn, deploy and operate long-term, high-value assets. Its portfolio, which has brought over 330 MW of new energy generation and 260 MWh of energy storage capacity online across North America, has largely been deployed behind the meter. Often linked to retail prices, these assets circumvent the need for lengthy permittin...

Green Plains Enters into Agreement to Sell Obion, Tennessee Plant to POET

Green Plains Enters into Agreement to Sell Obion, Tennessee Plant to POET Aug 27, 2025 4:15 PM Eastern Daylight Time Strategic Review Concluded; Proceeds from Sale to Fully Retire Junior Mezzanine Notes OMAHA, Neb.--( BUSINESS WIRE )--Green Plains Inc. (NASDAQ:GPRE) today announced that it has entered into an asset purchase agreement with POET to sell its Rives, Tennessee based ethanol plant for $190 million in cash, inclusive of an estimated $20 million of working capital, to be adjusted at closing. Proceeds from the sale will be utilized to retire the junior mezzanine debt due in 2026 and enhance liquidity. The transaction is anticipated to close during the third quarter of 2025, subject to customary closing conditions, regulatory approvals and contains standard representations, warranties, and indemnification obligations. “The sale of our Obion facility reflects our continued commitment to unlocking value for shareholders and strengthening our balance sheet,” said Chris Osowski, Ch...

Commonwealth Fusion Systems Raises $863 Million Series B2 Round to Accelerate the Commercialization of Fusion Energy

Commonwealth Fusion Systems Raises $863 Million Series B2 Round to Accelerate the Commercialization of Fusion Energy News provided by  Commonwealth Fusion Systems Aug 28, 2025, 06:00 ET This round of capital is the largest raised among deep tech and energy companies since CFS' $1.8 billion Series B round in 2021. The almost $3 billion that CFS has raised to date is about one-third of the total capital invested in private fusion companies worldwide, solidifying its leadership of the fusion industry. In recognition of the new category of energy technology that the company is creating, CFS expanded its global footprint by adding international investors from a widening range of sectors — from long-established fundamental investors, technology and industrial companies such as Counterpoint Global (Morgan Stanley) and Google, to hedge funds and leading individual investors such as Stanley Druckenmiller. DEVENS, Mass., Aug. 28, 2025 /PRNewswire/ -- Commonwealth Fusion Systems (CFS), the la...

Terraton Raises $11.5M to Scale Biochar Carbon Removal in Emerging Markets

Terraton Raises $11.5M to Scale Biochar Carbon Removal in Emerging Markets Integrated software, hardware and financing solution building two biochar facilities in Ghana and Kenya, turning agricultural waste into carbon revenue for thousands of farmers August 27, 2025 10:30 AM EDT SAN FRANCISCO, CA -- Terraton , a full-stack biochar platform scaling carbon dioxide removal (CDR) in emerging markets, today announced it has raised $11.5 million in seed funding. The round was co-led by Lowercarbon Capital and Gigascale Capital. Participation from leading angel investors included Jeff Dean, Bret Taylor, Pete Koomen, Lars Rasmussen, John Lilly, Tom Stocky, Tim Rann, Ryan Aytay, Matt Portman and Stephanie Hannon. Additional strategic investment came from ANA HOLDINGS INC.'s ANA Future Frontier Fund L.P. and East Japan Railway Company's TAKANAWA GATEWAY Global Co-Benefits Fund L.P. (the general partner of both funds is Global Brain Corporation, a Japanese venture capital firm). The fund...

Prairie Operating Co. Announces Closing of Two Strategic Bolt-On Acquisitions

Prairie Operating Co. Announces Closing of Two Strategic Bolt-On Acquisitions Off-market, non-dilutive transactions add approximately 16,000 net acres and significant inventory August 28, 2025 08:00 ET | Source: Prairie Operating Co. Houston, TX, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our,” or “us”) – an independent energy company engaged in the development and acquisition of oil, natural gas, and natural gas liquids (“NGL”) resources in the Denver-Julesburg (DJ) Basin – today announced the closing of two previously announced bolt-on acquisitions, further strengthening the Company’s high-quality, oil-weighted asset base. The acquisitions together add approximately 16,000 net acres and significant new inventory, including permitted locations. They were sourced off-market, funded with existing working capital and are expected to be immediately accretive. “When we outlined our strategy earlier this year, we emphasized disci...