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Showing posts from September, 2025

Fortera Secures Microsoft Funding for Low-Carbon Cement Production

Fortera Secures Microsoft Funding for Low-Carbon Cement Production Sep 23, 2025 6:00 AM Eastern Daylight Time Strategic investment supports construction of Fortera's full-scale 400,000 ton-per-year commercial facility Microsoft secures procurement rights for Fortera's ReAct™ low-carbon cement and environmental attribute certificates to reduce Scope 3 emissions Fortera's bolt-on technology integrates with existing cement infrastructure for rapid deployment SAN JOSE, Calif.--( BUSINESS WIRE )--To accelerate the adoption of low-carbon building materials across its datacenter footprint, through its Climate Innovation Fund (CIF), Microsoft has made an investment in green cement manufacturer Fortera . The investment secures Microsoft’s rights to procure Fortera’s ReAct™ low-carbon cement and environmental attribute certificates (EACs). Our team was attracted to Fortera’s approach due to its potential for deep emission reductions, competitive cost targets, and its expected compa...

Norges Bank Investment Management has entered into an agreement with Brookfield Asset Management to commit 1.5 billion US dollars to their latest energy transition fund.

New investment in unlisted renewable energy infrastructure Norges Bank Investment Management has entered into an agreement with Brookfield Asset Management to commit 1.5 billion US dollars to their latest energy transition fund. 26 September 2025 Since receiving the management mandate from the Ministry of Finance in 2019 to invest in unlisted renewable energy infrastructure, we have completed eight direct investments in European solar, onshore and offshore wind, and electricity transmission systems, as well as one indirect investment through a global renewable energy fund. We continue to build this portfolio and have now entered into an agreement for a second indirect investment through a fund, in line with our strategy for this period. On 25 September, we agreed to commit 1.5 billion US dollars to Brookfield Asset Management’s Global Transition Fund II (BGTF II). "This agreement marks our first investment in an energy transition fund. BGTF II will enable us to invest in projects ...

TotalEnergies Divests 50% of 1.4 GW Solar Portfolio in North America

Renewables: TotalEnergies Divests 50% of 1.4 GW Solar Portfolio in North America Sep 29, 2025 9:25 AM Eastern Daylight Time PARIS--( BUSINESS WIRE )--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement with insurance vehicles and accounts managed by KKR, a leading global investment firm, for the sale of 50% of a 1.4 GW solar portfolio in North America. This transaction – which aligns with TotalEnergies’ renewables business model – values the portfolio at an enterprise value of $1.25 billion. Thanks to these transactions and the bank refinancing currently being finalized, TotalEnergies will receive a total of $950 million at closing. The transaction covers six utility-scale solar assets with a combined capacity of 1.3 GW, and 41 distributed generation assets totalling 140 MW, primarily situated in the United States. The electricity production of these projects has either been sold to third parties or will be commercialized by TotalEnergies. TotalEnergies will keep a ...

Qatar Investment Authority and Blue Owl Capital Enter Agreement to Establish Digital Infrastructure Partnership

Qatar Investment Authority and Blue Owl Capital Enter Agreement to Establish Digital Infrastructure Partnership News provided by  Blue Owl Capital Sep 25, 2025, 07:00 ET QIA and Blue Owl to collaborate to anchor a new permanent capital platform, further expanding Blue Owl's leading digital infrastructure business. DOHA, Qatar and NEW YORK, Sept. 25, 2025 /PRNewswire/ -- Qatar Investment Authority ("QIA") and Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL ) have entered into a Strategic Partnership Agreement with the objective of creating a digital infrastructure platform intended to accelerate global compute available to leading hyperscalers amid surging cloud and AI transformation. QIA's contribution to the partnership is expected to help launch a digital infrastructure platform with more than $3 billion of initial data center assets and is expected to grow over time. In addition, QIA brings to the partnership a global investment perspective, a long-term ca...

Groq Raises $750 Million as Inference Demand Surges

Groq Raises $750 Million as Inference Demand Surges News provided by  Groq Sep 17, 2025, 07:30 ET The investment strengthens Groq's role in the American AI Stack, delivering fast, affordable compute worldwide. MOUNTAIN VIEW, Calif., Sept. 17, 2025 /PRNewswire/ -- Groq, the pioneer in AI inference, today announced $750 million in new financing at a post-money valuation of $6.9 billion. The round was led by Disruptive with significant investment from Blackrock, Neuberger Berman, Deutsche Telekom Capital Partners and a large US-based West Coast mutual fund manager. The raise also included continued support from Samsung, Cisco, D1, Altimeter, 1789 Capital and Infinitum. Groq powers more than two million developers and Fortune 500 companies with fast, affordable compute and is growing its presence globally, building on existing data centers in North America, Europe, and the Middle East. Groq raises $750M, strengthening Groq's role in the American AI Stack and delivering fast, afford...

Voltus Launches “Bring Your Own Capacity” Product to Support Data Center Growth and Grid Resiliency

Voltus Launches “Bring Your Own Capacity” Product to Support Data Center Growth and Grid Resiliency New solution builds virtual power plants to enable hyperscalers and developers to secure additional, local, sustainable capacity - accelerating timelines for data centers. September 30, 2025 08:00 ET | Source: Voltus, Inc. SAN FRANCISCO, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Voltus, Inc. ("Voltus"), the leading virtual power plant (VPP) operator and distributed energy resource (DER) platform, today announced the launch of its Bring Your Own Capacity™ (BYOC) product — a first-of-its-kind solution designed to accelerate data center development by leveraging existing flexibility on the grid. With demand for AI-driven data centers surging and interconnection queues delaying gigawatts of new generation, BYOC offers developers and hyperscalers an alternative path forward: bring their own capacity stack to utilities, enabling approvals and build-outs years ahead of schedule. Voltus’s BY...

XGS Energy Announces 3000-Hour Operations Milestone for Water-Independent Geothermal System

XGS Energy Announces 3000-Hour Operations Milestone for Water-Independent Geothermal System Sep 30, 2025 8:03 AM Eastern Daylight Time XGS Energy’s latest milestone demonstrates record performance for water-independent geothermal system, as company advances multi-gigawatt global pipeline led by recent Meta partnership HOUSTON--( BUSINESS WIRE )-- XGS Energy , a developer of next-generation geothermal power projects leveraging a proprietary water-independent technology system, today announced the successful operation of its geothermal system at commercial scale for over 3000 hours, proving commercial economics. XGS is the first company to demonstrate a water-independent geothermal system at commercial conditions and scale. Operations were completed at the Coso geothermal field owned by Atlantica Sustainable Infrastructure and operated by Coso Operating Company , located in the Western Mojave Desert region of California. XGS designed and executed a workover program on a well that had be...

Crusoe Announces Flagship Abilene Data Center is Live

Crusoe Announces Flagship Abilene Data Center is Live September 30, 2025 09:00 ET | Source: Crusoe ABILENE, Texas, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Crusoe, the industry’s first vertically integrated AI infrastructure provider, today announced that the first phase of Stargate’s flagship data center campus in Abilene, Texas, is now up and running on Oracle Cloud Infrastructure (OCI) and continues to progress rapidly. The Abilene campus is a purpose-built AI data center that will help advance America’s leadership in AI. “One of the defining challenges of our generation is to energize AI infrastructure at the scale needed to power the ambitions of our world's greatest innovators,” said Chase Lochmiller, co-founder and CEO of Crusoe. “Crusoe is tackling this challenge head-on by building the AI factories of the future – vertically integrated infrastructure delivered with the velocity required to help America win the AI race. What you see in Abilene is the new blueprint for large-sca...

Conestoga Energy Submits Class VI Carbon Capture & Sequestration Permit Application to EPA Region 7

Conestoga Energy Submits Class VI Carbon Capture & Sequestration Permit Application to EPA Region 7 Sep 30, 2025 8:00 AM Eastern Daylight Time Milestone submission positions company to lead regional CCUS expansion while unlocking commercial carbon storage opportunities LIBERAL, Kan.--( BUSINESS WIRE )--Conestoga Energy (“Conestoga” or the “Company”), the leading provider of low carbon intensity biofuel, today announced the submission of its full Class VI permit application to the U.S. Environmental Protection Agency (EPA) for its carbon capture, utilization and sequestration (CCUS) project. This submission marks the first Class VI permit application filed in EPA Region 7 in conjunction with a successfully completed well site. The strategic location in EPA Region 7 which encompasses Iowa, Kansas, Missouri, and Nebraska, positions Conestoga as a regional pioneer in permanent carbon storage technology. The application follows the successful completion of drilling operations of its f...

Nuveen Private Equity Impact Acquires Majority Interest in Ally Energy Solutions

Nuveen Private Equity Impact Acquires Majority Interest in Ally Energy Solutions News provided by  Nuveen Sep 30, 2025, 07:30 ET NEW YORK, Sept. 30, 2025 /PRNewswire/ -- Nuveen, a global investment manager, has acquired a majority interest in Ally Energy Solutions, LLC, a comprehensive energy solutions provider serving commercial and industrial (C&I) customers across the United States. The acquisition, made by Nuveen's Private Equity Impact team, marks the sixth investment in Nuveen Climate Inclusion Fund II (NCIF II) and reinforces Nuveen's commitment to promoting climate resilience through the decarbonization and modernization of the U.S. energy landscape. Nuveen's Climate Inclusion strategy seeks to address two of the greatest sustainable development challenges: climate change and inequality. By investing in businesses that drive an inclusive transition to a low-carbon economy, the strategy aims to generate strong financial returns while delivering measurable social ...

Tamboran to Acquire Falcon Oil & Gas Ltd. to Create ~2.9-million-acre Beetaloo Basin Leader

Tamboran to Acquire Falcon Oil & Gas Ltd. to Create ~2.9-million-acre Beetaloo Basin Leader Sep 30, 2025 6:29 AM Eastern Daylight Time Highlights Tamboran Resources and Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) (Falcon) have entered into a definitive agreement to create a ~2.9 million net prospective acre Beetaloo Basin leader across the majority of the Beetaloo depocenter. The combination of Tamboran and Falcon is a logical consolidation of two leading Beetaloo Basin businesses and creates a company with a pro forma market capitalization of >US$500 million. Under the transaction, Tamboran will acquire Falcon via the acquisition of all its subsidiaries in exchange for 6,537,503 shares of Tamboran NYSE Common Stock and a cash consideration of US$23.7 million. On completion, Falcon will distribute Tamboran shares to eligible shareholders of Falcon at an exchange ratio of 0.00687 shares of Tamboran NYSE Common Stock for each Falcon Common Stock. Falcon shareholders will own ~2...

BKV Corporation Successfully Closes $370 Million Acquisition of Bedrock Energy Partners' Barnett Shale Assets

BKV Corporation Successfully Closes $370 Million Acquisition of Bedrock Energy Partners' Barnett Shale Assets   Sep 29, 2025 4:15 PM Eastern Daylight Time Strategic acquisition adds 97,000 net acres and 108 million cubic feet equivalent per day of production, strengthening BKV's leadership position as largest natural gas producer in the Barnett Shale DENVER--( BUSINESS WIRE )--BKV Corporation ("BKV" or the "Company") (NYSE: BKV) today announced the successful completion of the acquisition of all of the issued and outstanding equity interests of Bedrock Production, LLC, resulting in the acquisition of Bedrock Energy Partners’ Barnett Shale assets, for approximately $370 million. The transaction significantly expands BKV's operational footprint and production capacity in the prolific Barnett Shale formation. The acquisition includes approximately 97,000 net acres that will directly offset BKV's existing acreage, along with critical midstream infrastruc...

TotalEnergies Pursues its Gas Value Chain Integration by Acquiring Producing Assets in the Anadarko Basin

United States: TotalEnergies Pursues its Gas Value Chain Integration by Acquiring Producing Assets in the Anadarko Basin 09/29/2025 Paris, September 29, 2025 – TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in natural gas producing assets, owned and operated by Continental Resources in the Anadarko Basin, Oklahoma. This acquisition of low-cost and long-plateau assets, well connected to Henry Hub through existing midstream infrastructure, further strengthens TotalEnergies’ integration across the liquefied natural gas (LNG) value chain in the US. TotalEnergies further expands its natural gas production in the U.S. These assets have the potential to reach a gross production of around 350 MMscfd by 2030 and to sustain this production level over the long term. They will enable TotalEnergies to secure a net gas production of around 150 MMscfd. This acquisition of non-operated shale gas assets complements the Dorado and Constellation acquisitions co...

Niron Magnetics Changes Game by Breaking Ground on Rare-Earth-Free Magnet Facility

Niron Magnetics Changes Game by Breaking Ground on Rare-Earth-Free Magnet Facility Sep 29, 2025 9:01 AM Eastern Daylight Time SARTELL, Minn.--( BUSINESS WIRE )-- Niron Magnetics has broken ground on a new state-of-the-art 1,500-ton-per-year permanent magnet manufacturing facility in Sartell, Minnesota. After nearly a decade of research and development in partnership with the U.S. Department of Energy and the University of Minnesota, Niron Magnetics has successfully created one of the first commercially viable new magnet materials in decades, capable of producing superior permanent magnets. The groundbreaking marks a major milestone in Niron Magnetics' ability to scale manufacturing of permanent magnets made from Iron Nitride, which exhibits exceptionally high magnetization and removes the need for rare-earth elements. “This is a great day for the City of Sartell, Minnesota’s Sixth Congressional District, and our nation as we celebrate this exciting investment in American manufact...

OXCCU Raises $28m in Series B Funding to Scale Sustainable Aviation Fuel from Waste Carbon

OXCCU Raises $28m in Series B Funding to Scale Sustainable Aviation Fuel from Waste Carbon Backed by global leaders in aviation, energy, and climate investing, OXCCU strengthens its position as a critical player in the global push for commercially viable sustainable aviation fuel (SAF). Series B investors include IAGiVentures (the dedicated corporate venturing arm of the International Airlines Group), Safran Corporate Ventures, and Orlen VC alongside re-investment from world-class Series A participants. OXFORD, England, September 29th 9 AM BST – OXCCU, the Oxford University spin-out developing a one-step process to convert waste carbon into SAF, has raised £20.75 million ($28 million) in an oversubscribed Series B funding round. The round includes new investors Orlen VC, Safran Corporate Ventures, International Airlines Group (IAG), Hostplus, and TCVC, alongside continued support from existing backers Clean Energy Ventures, IP Group/Kiko Ventures, Aramco Ventures, Eni Next, Braavos Cap...