Sunya

BKV Corp. and Comstock Resources Announce Collaboration Agreement to Accelerate Deployment of Carbon Capture Projects April 30, 2025 16:15 ET | Source: Comstock Resources, Inc. DENVER, CO AND FRISCO, TX, April 30, 2025 (GLOBE NEWSWIRE) -- BKV Corporation (NYSE: BKV) (“BKV”) and Comstock Resources, Inc. (NYSE: CRK) ("Comstock") today announced an exclusive, non-binding agreement for BKV to develop carbon capture, utilization and sequestration (“CCUS”) projects at two of Comstock’s natural gas processing facilities in its Western Haynesville operating area. As part of the agreement, the companies plan to develop CCUS injection wells to permanently sequester carbon dioxide waste produced at Comstock’s Bethel and Marquez natural gas processing and production facilities in Texas, as well as other locations. The terms of the prospective projects are subject to further negotiation and execution of one or more definitive agreements. The agreement seeks to combine BKV’s proven and inn...

South Wind Exploration & Production, LLC Announces Equity Commitment from Kayne Anderson Apr 29, 2025 7:06 PM Eastern Daylight Time OKLAHOMA CITY--( BUSINESS WIRE )--South Wind Exploration & Production, LLC (“South Wind” or the “Company”), a newly formed independent oil and natural gas company, has received over $400 million of equity commitments from Kayne Private Energy Income Fund III, L.P., a fund managed by Kayne Anderson Capital Advisors, L.P. (“Kayne Anderson”), and members of the Company’s management team. Headquartered in Oklahoma City, South Wind aims to acquire and operate large, producing onshore U.S. oil and gas assets. The Company is led by an experienced team of industry veterans, including Co-CEOs Tyler Bolton and Greg Boxer, EVP & General Counsel Jeremy Fitzpatrick, COO Zack Laird, CFO Son Hoang, and CTO Andy Broussard. South Wind's leadership team brings deep industry expertise, having previously held executive roles at Flywheel Energy, LLC (“Flywheel”...

ALTÉRRA invests in Indian clean energy platform Evren to accelerate the growth and buildout of its 11GW renewable energy pipeline 29th Apr 2025 $100 million investment alongside Brookfield Global Transition Fund II (“Brookfield”) and other investors delivers on ALTÉRRA’s mandate to steer climate investment into the Global South. Evren is one of India’s fastest growing renewable energy development platforms focused on wind, solar and battery storage Investment accelerates India’s push toward 500GW of installed renewable capacity by 2030, fast-tracking the deployment of green energy. Abu Dhabi, 29 April 2025 – ALTÉRRA, the world’s largest private climate investment vehicle, today announced its inaugural co-investment, injecting $100 million into Indian renewable energy company, Evren, to accelerate the expansion of clean energy alongside Brookfield Asset Management (“Brookfield”) and other investors. The investment is being made via the ALTÉRRA Acceleration Fund, and it is ALTÉRRA’s fir...

Woodside Approves Louisiana LNG Development Apr 28, 2025 7:04 PM Eastern Daylight Time HOUSTON--( BUSINESS WIRE )--Woodside has made a final investment decision to develop the three-train, 16.5 million tonne per annum (Mtpa) Louisiana LNG development. Woodside is targeting first LNG in 2029. Development of Louisiana LNG will position Woodside as a global LNG powerhouse, enabling the company to deliver approximately 24 Mtpa from its global LNG portfolio in the 2030s, and operating over 5% of global LNG supply.1 The development has expansion capacity for two additional LNG trains and is fully permitted for a total capacity of 27.6 Mtpa. Louisiana LNG represents a compelling investment that will deliver significant cash flow and create long-term value for Woodside shareholders. It exceeds Woodside’s capital allocation targets, delivering an internal rate of return (IRR) above 13% and a payback period of seven years. At full capacity, the foundation project is expected to generate approxim...

Viridi Energy Brings First Company-Operated RNG Facility Online in Baldwin County, Alabama Apr 29, 2025 6:00 AM Eastern Daylight Time The landfill gas-to-RNG project marks a key milestone in Viridi’s strategy to scale US renewable energy infrastructure NEW YORK--( BUSINESS WIRE )-- Viridi Energy (“Viridi” or “the firm”), a leading renewable natural gas (RNG) platform, today announced it has begun operations at its new RNG facility in Summerdale, Alabama. Developed in partnership with the Solid Waste Disposal Authority of Baldwin County, the facility captures landfill gas from the county’s Magnolia Landfill and converts it into pipeline-quality RNG, delivering environmental and economic benefits to the local community. The facility is expected to produce more than 160,000 MMBtu of RNG annually, supplied via a multiyear offtake agreement to ACT Group. In addition to transforming waste gases into a reliable, renewable energy resource, the project will generate long-term revenue for Baldw...

Doral Renewables Secures Tax Equity Financing for Great Bend Solar Project : The Great Bend project is located in Meigs County, Ohio, approximately 100 miles southeast of Columbus, and near the southwestern border between Ohio and West Virginia. The project will be a ground-mounted single-axis PV system and once completed it will have 48 MWac of solar power generating capacity. Doral expects that the facility will power approximately 9,000 homes once in operation. The project will generate revenue both from energy and renewable energy certificates via a long-term Power Purchase Agreement (PPA) with one of the largest investor-owned utilities in the U.S. Furthermore, the Great Bend project will provide a major economic uplift for the Meigs County, with over $400,000 per year of new annual tax revenue. Doral Renewables expects that the Great Bend project will reach commercial operations during the fourth quarter of 2025. "We are proud to support Doral as lead on the tax equity fina...

Schneider Electric Facilitates $1.7 Billion in Tax Credit Transfers for Customers to Drive Clean Energy Adoption : 18 deals supported since late 2023 underscore Schneider Electric's role in enabling businesses to capitalize on clean energy incentives BOSTON , April 29, 2025 /PRNewswire/ -- Schneider Electric , the leader in the digital transformation of energy management and automation, today announced it has facilitated $1.7 billion in tax credit transfer transactions since late 2023. In total, 18 deals have been supported across diverse sectors, helping companies invest in renewable energy projects, battery storage, and other clean energy technologies. "Navigating the complexities of federal tax credits can be challenging, but tax credit transfers have proven to be a powerful solution for securing funding and driving progress," said Steve Wilhite , President, Schneider Electric Sustainability Business. "By unlocking these incentives, we're helpin...

Nuvve Expands IP, Revenue, and Market Reach with Strategic Assets Acquisition of Fermata Energy Apr 29, 2025 9:00 AM Eastern Daylight Time Acquisition unites two of the most advanced V2G innovators, enhancing IP, expanding customer reach, and accelerating revenue growth. SAN DIEGO--( BUSINESS WIRE )-- Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in vehicle-to-grid (V2G) technology and grid modernization, today announced the acquisition of substantially all of the net assets of Fermata Energy LLC (“Fermata”), a leading V2G platform provider in the U.S. The assets acquisition was completed through Nuvve’s newly formed subsidiary, Fermata Energy II LLC (“Fermata 2.0”), focused on scaling intelligent, bidirectional energy solutions. Fermata 2.0 acquired substantially all of the assets of Fermata and assumed certain specified liabilities. As part of the transaction, Fermata 2.0 issued 4,900,000 shares of convertible preferred stock to former Fermata debt holders. The total purchas...

Repsol allies with Stonepeak on solar and storage portfolio for its first US renewables partnership Tuesday 29 April 2025 Stonepeak has agreed to acquire a 46.3% stake in Repsol’s 777 MW portfolio across New Mexico and Texas for $340 million. The transaction values the solar and battery energy storage portfolio at $735 million. Repsol previously raised $60 million in tax equity proceeds for this portfolio, bringing the total value to approximately $795 million. Repsol announced that it will be joining forces with Stonepeak as its first partner in a portfolio of renewable assets in the United States. Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, has agreed to invest $340 million to acquire a 46.3 percent stake from Repsol in a 777 MW operating solar and storage portfolio located in New Mexico and Texas. Together with the $60 million in tax equity previously raised (through Investment Tax Credits, ITC), this transaction values the portfo...

Henkel and Synthomer partner to cut carbon emissions in adhesives : Driving sustainability in the consumer goods market DÜSSELDORF, Germany, April 29, 2025 /PRNewswire/ -- Henkel, a global leader in adhesives, sealants and functional coatings, and Synthomer, a world-leading supplier of high-performance, highly-specialized polymers and ingredients, today announced a strategic partnership and supply agreement focused on enabling carbon emission reductions in Henkel's TECHNOMELT® hot melt adhesive product portfolio for the European, Indian, Middle Eastern and African markets. This collaboration highlights both companies' leadership in advancing sustainable adhesives through innovative collaborations along the value chain. Henkel and Synthomer partner to cut carbon emissions in adhesives. Henkel AG & Co. KGaA This partnership follows Synthomer's recent launch of CLIMA-branded products. Products with this designation, like their REGALITE™ line, deliver at least a 20% reduct...

Eni and the UK Government reach Financial Close for the Liverpool Bay CCS project 24 April 2025 - 12:59 PM CEST The UK Secretary of State for Energy Security and Net Zero, Ed Miliband, and Eni CEO, Claudio Descalzi, celebrate this milestone during the "Summit on the Future of Energy Security", co-organised by the UK Government and the International Energy Agency, at Lancaster House in London Liverpool Bay CCS project is the backbone of HyNet, one of the world’s most advanced CCS clusters Liverpool Bay CCS now enters into construction phase Eni is a key player in Carbon Capture & Storage, reinforcing the Company’s global CCS portfolio London, 24 April 2025 – Eni is pleased to announce that it has reached financial close with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS project, where Eni is the operator of the CO2 transport and storage system (T&S) of the HyNet industrial Cluster. The financial close allows the Liverp...

Amplify Energy and Juniper Capital Announce Termination of Merger Agreement April 25, 2025 16:15 ET | Source: Amplify Energy Corp. HOUSTON, April 25, 2025 (GLOBE NEWSWIRE) -- Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today that the Company and Juniper Capital Advisors, L.P. (“Juniper”) have entered into a mutual termination agreement (“Termination Agreement”) to terminate (the “Termination”) the previously announced Agreement and Plan of Merger (the “Merger Agreement”) in light of the extraordinary volatility in the market. In accordance with the terms of the Termination Agreement, Juniper is receiving a cash payment of $800,000 in lieu of any termination fee which might have been otherwise payable pursuant to the Merger Agreement. In view of the Termination, Amplify also announced its decision to cancel its special meeting of stockholders (the “Special Meeting”) and the withdrawal from consideration by the Company’s stockholders of the proposals set fort...

APA Corporation and Partners Lagniappe Alaska and Santos Announce Successful Flow Test in Alaska’s North Slope at Sockeye-2 Exploration Well : HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) and its partners Lagniappe Alaska, LLC, an Armstrong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, today announced the results of the successful flow testing of the Sockeye-2 exploratory well. Apache holds a 50% working interest, operator Lagniappe and partner Santos each hold 25% working interests in the 325,411-acre exploratory block located on state lands of the eastern North Slope. As previously announced, the Sockeye-2 well was successfully drilled to a depth of approximately 10,500 feet and encountered a high-quality Paleocene-aged clastic reservoir with an average porosity of 20%. The vertical Sockeye-2 well was completed in a single 25-foot interval at approximately 9,200 feet TVD, without stimulation. The well performed in line w...

Ardabelle Capital Announces Strategic Partnership with TPG NEXT Apr 24, 2025 2:00 AM Eastern Daylight Time PARIS & SAN FRANCISCO & FORT WORTH, Texas--( BUSINESS WIRE )--Ardabelle Capital (“Ardabelle”), a private equity firm focused on accelerating the transition to a sustainable, resilient economy, today announced a strategic partnership and anchor fund commitment from TPG NEXT, TPG’s strategy focused on seeding and scaling the next generation of investment firms. Founded in 2024 by experienced investor and executive Virginie Morgon, Ardabelle seeks to partner with profitable mid-market industrial, services, and technology businesses that enable the shift towards more resilient, efficient, and sustainable value chains. The firm is built to address the opportunities presented by Europe’s industrial transformation and sustainable transition, helping corporations develop stronger supply chains capable of navigating resource scarcity and an evolving regulatory landscape. “The Ardab...

Turning Invasive Plants Into Climate Action: Carbonfuture MRV+ to Track Australia’s Landmark Biochar Carbon Removal Project at Half a Million Tonnes Annually April 21, 2025 Key Takeaways: ‍Biomass Projects is developing one of the largest biochar carbon removal projects, expected to reach an annual removal volume of 500,000 tonnes of CO2 by 2028. Carbonfuture MRV+ provides rigorous due diligence, precise tracking, and seamless facilitation of third-party verification and certification at scale. The project delivers environmental and cultural benefits by removing invasive mesquite to restore ecosystems and raise the water table, enabling Traditional Owners in Western Australia to access and care for culturally significant sites. Carbonfuture connects Biomass Projects Australia with buyers, facilitating sales of high-quality carbon removal credits. ‍ San Francisco, CA, April 21, 2025 – Carbonfuture , a leader in digital monitoring, reporting, and verification (dMRV) for durable carbon r...

Matador Resources Company Reports First Quarter 2025 Results and Announces $400 Million Share Repurchase Program and Adjustment in Drilling Activity Apr 23, 2025 4:15 PM Eastern Daylight Time DALLAS--( BUSINESS WIRE )--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today reported financial and operating results for the first quarter of 2025 and announced the approval of a $400 million share repurchase program and adjustments to its drilling activity for 2025. A slide presentation summarizing the highlights of Matador’s first quarter 2025 earnings release is also included on the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab. Management Summary Comments Joseph Wm. Foran, Matador’s Founder, Chairman and CEO, commented, “Matador is pleased to report another profitable quarter that exceeded our expectations. During Matador’s 40-year history, we have faced a number of turbulent times with regards to o...