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EFM and Meta Collaborate to Advance Climate-Smart Forestry in Washington State

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EFM and Meta Collaborate to Advance Climate-Smart Forestry in Washington State : Apr 1, 2025 9:00 AM Eastern Daylight Time PORTLAND, Ore.--( BUSINESS WIRE )--Yesterday, EFM, a forest investment and management firm, and Meta announced that they have finalized a groundbreaking long-term contract for the delivery of 676,000 nature-based carbon removal credits through 2035. The deal will support the transition of 68,000 acres of forestland to climate-smart management on Washington’s Olympic Peninsula, with the goal of removing more than one million tonnes of carbon emissions over the next decade. EFM’s climate-smart approach diversifies the revenue streams from forests to include carbon credits and conservation easements alongside revenue from traditional forest products. It allows forest management choices that rebuild timber stocks, produce higher-value logs, and deliver lasting climate, social, and ecological benefits, including salmon habitat restoration, recreational opportunities, n...
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GOODPEAK BEGINS CONSTRUCTION ON ERCOT BATTERY STORAGE PROJECTS AFTER SECURING CONSTRUCTION DEBT FINANCING

GOODPEAK BEGINS CONSTRUCTION ON ERCOT BATTERY STORAGE PROJECTS AFTER SECURING CONSTRUCTION DEBT FINANCING : $22M in Construction Debt Financing Closed with Pathward, N.A. and BridgePeak Growth Equity Investment Secured from Strategic Investor Current Equity Partners HOUSTON, April 3, 2025 /PRNewswire/ -- GoodPeak, a rapidly growing utility-scale battery energy storage and solar platform, announced today the closing of construction credit facilities with Pathward®, N.A. and BridgePeak Energy Capital, enabling commencement of construction of its first two 10-MW (2-hour duration) energy storage projects near Houston, Texas. These projects, which will come online at the end of 2025, will provide critical capacity to enhance grid reliability, support renewable energy integration, and strengthen the Texas energy infrastructure. With the recent backing from Current Equity Partners and other strategic investors, GoodPeak anticipates significant expansion in 2025 and beyond. GoodPeak plans t...
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Double Eagle Energy and Tumbleweed Royalty Announce the Formations of Double Eagle Energy Holdings V & Tumbleweed Royalty V With $2.5 Billion of Equity Committed

Double Eagle Energy and Tumbleweed Royalty Announce the Formations of Double Eagle Energy Holdings V & Tumbleweed Royalty V With $2.5 Billion of Equity Committed Apr 2, 2025 6:00 AM Eastern Daylight Time -- Continued Focus on Permian Basin Opportunities -- FORT WORTH, Texas & HOUSTON--( BUSINESS WIRE )--EnCap Investments L.P. (“EnCap”) and the team behind the Double Eagle family of companies (“Double Eagle”) announced today that they have expanded their strategic partnership with the formation of Double Eagle Energy Holdings V, LLC (“Double Eagle V”) and Tumbleweed Royalty V, LLC (“Tumbleweed V”) with $2.5 billion of equity committed. The new entities also retain their commitment from Double Eagle management, Elda River Capital Management, affiliates of Apollo Global Management, Inc., and other strategic institutional partners. Headquartered in Fort Worth, Texas, Double Eagle V will primarily focus on investing in oil and gas properties across the Permian Basin, and Tumbleweed ...
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NGP and Wing Resources Announce Formation of Wing Resources VIII, LLC with $100 Million in Equity Commitments

NGP and Wing Resources Announce Formation of Wing Resources VIII, LLC with $100 Million in Equity Commitments Apr 2, 2025 7:45 AM Eastern Daylight Time DALLAS--( BUSINESS WIRE )--Wing Resources VIII, LLC (“Wing VIII”) is proud to announce the formation of its newest mineral and royalty acquisition platform, backed by $100 million in equity commitments from NGP Royalty Partners III, L.P., the latest NGP fund focused exclusively on acquiring mineral and royalty interests. Founded and led by President and CEO Nick Varel, Wing VIII builds on the success of its predecessors, continuing the firm’s mission to acquire high-quality mineral and royalty interests across the Permian Basin—the most prolific oil and gas region in North America. Today, Wing Resources manages more than 3,000 horizontal wells across the Midland and Delaware Basins, making it one of the largest private holders of mineral and royalty interests in the basin. “We’re excited to continue our partnership with NGP and launch W...
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Dynamic Renewables, BC Organics, and National Organics Combine to Form Sagepoint Energy, a Leader in Renewable Waste-to-Energy Solutions

Dynamic Renewables, BC Organics, and National Organics Combine to Form Sagepoint Energy, a Leader in Renewable Waste-to-Energy Solutions Mar 5, 2025 10:00 AM Eastern Standard Time Newly formulated company, led by industry veteran Aaron Johnson, to focus on providing waste management and resource efficiency solutions to the organics market CARMEL, Ind.--( BUSINESS WIRE )--Sagepoint Energy, LLC (“Sagepoint” or the “Company”) announced today its launch as a newly combined business focused on the development, operation, and execution of waste-to-energy solutions in the U.S. Sagepoint brings together three existing and established organizations with extensive expertise and market presence collectively aimed at positioning the Company for further growth:Dynamic Renewables (“Dynamic”): a full-service developer, owner, and operator of anaerobic digestion facilities that convert dairy manure into carbon-negative renewable natural gas (“RNG”). Dynamic has led the development and construction of ...
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Integrated Power: TotalEnergies Closes Three International Acquisitions of Renewable Portfolios

Integrated Power: TotalEnergies Closes Three International Acquisitions of Renewable Portfolios Europe: 500 MW installed or under construction and a pipeline of more than 15 GW of solar and wind projects Africa: 255 MW installed in Uganda and 560 MW of hydropower projects Canada: 180 MW installed and more than 600 MW of solar and wind projects Apr 2, 2025 8:33 AM Eastern Daylight Time PARIS--( BUSINESS WIRE )-- Following the agreements signed in 2024, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) confirms the closing of its acquisitions of VSB Group , a European wind and solar developer with extensive operations in Germany, and SN Power , which develops hydropower in Africa, particularly Uganda. TotalEnergies is also announcing new deals with renewables developer RES, with a view to acquiring renewables projects in Alberta, and the closing of a first project acquisition. Europe: TotalEnergies has closed the acquisition of VSB, and is strengthening its integrated electricity business, ...
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TRAVERSE PIPELINE REACHES FINAL INVESTMENT DECISION TO TRANSPORT NATURAL GAS BETWEEN AGUA DULCE AND THE KATY AREA

TRAVERSE PIPELINE REACHES FINAL INVESTMENT DECISION TO TRANSPORT NATURAL GAS BETWEEN AGUA DULCE AND THE KATY AREA : AUSTIN, Texas, April 3, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: MPLX ), and Enbridge Inc. (NYSE: ENB ), through the WPC joint venture ("WPC"), have partnered with an affiliate of Targa Resources Corp. (NYSE: TRGP ) and have reached final investment decision to move forward with the construction of the Traverse Pipeline, having secured sufficient firm transportation agreements with investment grade shippers. The bi-directional Traverse Pipeline is designed to transport up to 1.75 billion cubic feet per day (Bcf/d) of natural gas through approximately 160 miles of 36-inch pipeline along the Gulf Coast between Agua Dulce in South Texas and the Katy area. Supply for the Traverse Pipeline will be sourced from multiple connections, including, but not limited to, the Whistler, Blackcomb, and Matterhorn Express Pipelines. The Tra...
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