Sunya

Brookfield Infrastructure Announces the Acquisition of Colonial Enterprises Apr 03 2025 BROOKFIELD, News, April 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) and its institutional partners (collectively, “Brookfield Infrastructure”) reached a definitive agreement to acquire 100% of the world-class midstream asset portfolio Colonial Enterprises (“Colonial”), which includes the Colonial Pipeline, for an enterprise value of approximately $9 billion or 9x EBITDA. Colonial is comprised of the largest refined products system in the U.S., spanning approximately 5,500 miles between Texas and New York. The business has a multi-decade track record of strong performance and high utilization serving a high-quality customer base along the U.S. East Coast. At closing, BIP’s equity investment is expected to be $500 million, which represents approximately 15% of the total equity investment, funded entirely by proceeds from recently announced capi...

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...

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...

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 ...

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...

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 ...

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, ...

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...

Diversified Energy Demonstrates Innovation, Collaboration, and Responsibility in 2024 Sustainability Report : Methane intensity improves by ~13%, a 56% reduction since 2020 Improved personal safety performance across the Company, including a 30% reduction in TRIR from 2023 Activities contributed $1 Billion to state GDPs for a third consecutive year BIRMINGHAM, Ala., April 03, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) ("Diversified," "DEC," or the "Company") is proud to release its sixth annual Sustainability Report, Winning Through Collaboration, highlighting the Company's sustainability actions and achievements in 2024. As the champion of the strategy of managing proved, developed, producing (PDP) assets, Diversified is the only publicly traded company dedicated to this approach, leveraging operational scale, vertical integration, and a proprietary technology platform to drive efficiency and long-term value. With ...

BKV Appoints Dilanka Seimon as Company’s First Chief Commercial Officer : Apr 3, 2025 7:00 AM Eastern Daylight Time DENVER--( BUSINESS WIRE )--BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today announced it has appointed Dilanka Seimon as Chief Commercial Officer, effective immediately. In this newly created role, Seimon will be responsible for strengthening the Company’s commercial midstream, gas marketing and new products teams, leveraging its carbon capture, utilization and sequestration (“CCUS”) portfolio and strong tailwinds in power demand. A seasoned global energy executive with over 20 years of expertise across the energy value chain, Seimon has held strategy and commercial leadership roles across the upstream and midstream energy industries, driving strategic transformation and growth at companies spanning production, consumption, trading, and transportation of diverse energy commodities. He brings a proven track record in developing midstream assets, marketing upstrea...

Terradot Signs 12,000T CDR Deal with Microsoft to Advance Critical Scientific Foundations for Enhanced Rock Weathering : Apr 3, 2025 8:00 AM Eastern Daylight Time Deal with Microsoft enables science research at Terradot project site in Brazil SAN FRANCISCO--( BUSINESS WIRE )-- Terradot , a leader in Enhanced Rock Weathering (ERW) technology, today announced an agreement with Microsoft to remove 12,000 tonnes of CO2 from Earth’s atmosphere between 2026 and 2029. The deal is notable in that it will provide funding for Terradot to conduct the most comprehensive scientific monitoring ever implemented at a commercial ERW site – above and beyond what is currently required by registries for the crediting of ERW removals. With Microsoft’s offtake, Terradot has already begun implementing this research protocol in Brazil, where the company is expanding its commercial operations and expects to generate its first carbon removal credits later this year. The deal with Microsoft follows Terradot’s $5...

MUFG and Nomura Announce $388M Financing for Greenalia's Texas Solar Park : NEW YORK, April 3, 2025 /PRNewswire/ -- Mitsubishi UFJ Financial Group ( MUFG ) and Nomura Securities International, Inc. (Nomura), proudly announce an agreement with Greenalia S.A. (Greenalia) to provide a $295 million construction-to-term loan and $93 million letter of credit (LC) facility for Misae Solar Park II (Misae II). Misae II is the first US development from Greenalia, a top Spanish developer of renewable power projects. MUFG and Nomura both acted as CLA and Bookrunner, with MUFG additionally acting as Administrative Agent. "We're thrilled to support Greenalia by leading this complex and successful transaction," said Louise Pesce, Managing Director, Project Finance at MUFG. "Greenalia's innovation and MUFG's expertise will help the state of Texas increase energy capacity with renewable solar power." Global Head of Nomura's Infrastructure & Power Business (...

ENEOS, A.P. Moller Holding and A.P. Moller – Maersk agree to Invest $100 Million in C2X to Advance Green Methanol Portfolio Press release / 2 April 2025 ENEOS, Japan’s leading energy company, has signed an investment with C2X to advance the development of the Beaver Lake Renewable Energy (“BLRE”) project in Louisiana to FID and further develop its global green methanol project portfolio. London, Tokyo and Copenhagen, April 2, 2025 – C2X, a leading developer of green methanol projects, and ENEOS, Japan’s leading energy company jointly announced a combined investment of $100 million from ENEOS and existing shareholders A.P. Moller Holding and A.P. Moller – Maersk (“Maersk”). The transaction is subject to the satisfaction of customary closing conditions including applicable regulatory clearances. The proceeds from the investment will primarily be used to fund the final development phase of the BLRE project which C2X is developing together with SunGas Renewables in Alexandria in the State ...

Frontier and Hafslund Celsio pave the way for first waste-to-energy carbon removal retrofit April 1, 2025 Hafslund Celsio is building the first-ever retrofit of a waste-to-energy facility to deliver carbon removal—a model that could serve as a roadmap to “switch on” ~500 other waste-to-energy facilities across Europe. This approach could remove 400 million tons of CO₂ per year by 2050. Retrofitting existing infrastructure positions Hafslund Celsio to deliver carbon removal cheaply at scale. Frontier facilitated offtake agreements with Hafslund Celsio, Norway’s largest supplier of district heating and owner/operator of Norway’s largest waste incineration plant in the outskirts of the capital, Oslo. This offtake enables the first-ever carbon removal retrofit of a waste-to-energy facility. Frontier buyers will pay $31.6 million to remove 100,000 tons of CO₂ between 2029 and 2030. Hafslund Celsio’s facility in Oslo processes around 350,000 metric tons of sorted residual waste each year. T...

Dandelion Energy and Lennar Announce One of the Largest Residential Geothermal Deployments in US History April 2, 2025 The partnership establishes a framework for making geothermal heating and cooling the standard in new home construction. ARLINGTON, Virginia—April 2, 2025— Dandelion Energy , the nation’s leading home geothermal heating and cooling company, today announced they are partnering with Lennar Corporation (NYSE: LEN and LEN. B), one of the nation’s leading homebuilders, on one of the most significant residential geothermal heat pump deployments in US history. Over the next two years, Dandelion’s innovative geothermal systems will be integrated into over 1,500 new Lennar homes built in Colorado. Geothermal offers the lowest monthly energy bills for homeowners who are expected to save approximately $30 million over 20 years compared to heating with air-source heat pumps. Dandelion Energy, a leader in residential geothermal systems, has developed a streamlined installation proc...