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Showing posts from October, 2025

West Virginia and Diversified Energy Launch First-Of-Its-Kind Well Plugging Fund

West Virginia and Diversified Energy Launch First-Of-Its-Kind Well Plugging Fund October 16, 2025 The “Mountain State Plugging Fund” is a groundbreaking partnership that provides financial assurance for oil and gas well retirement at no cost to taxpayers CHARLESTON, West Virginia and BIRMINGHAM, Alabama — (October 16, 2025) Governor Patrick Morrisey, in partnership with Diversified Energy (NYSE & LSE: DEC), today announced a groundbreaking agreement to establish the nation’s first financial assurance fund dedicated to retiring oil and gas wells. This public-private collaboration solidifies the Company’s commitment to fiscal responsibility and financial means for future well retirement and provides the public with assurances that West Virginia companies will be good stewards of the environment. Known as the Mountain State Plugging Fund, this innovative initiative further ensures that Diversified’s oil and natural gas wells in West Virginia will be safely retired at no cost to taxpay...

Ameresco Announces 50MW Battery Energy Storage Asset to Enhance Resiliency and Energy Security

Ameresco Announces 50MW Battery Energy Storage Asset to Enhance Resiliency and Energy Security Oct 16, 2025 4:45 PM Eastern Daylight Time The Battery Energy Storage System (BESS) is the largest behind-the-meter (BTM) project in Arizona and ranks as the fourth largest BTM installation in the United States, setting a new benchmark for industrial energy innovation. FRAMINGHAM, Mass. & KINGMAN, Ariz.--( BUSINESS WIRE )-- Ameresco, Inc. , (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced the development and commercial operation of a 50MW/200 MWh battery energy storage system (BESS), the largest behind-the-meter (BTM) project in Arizona. Achieving commercial operation in October 2025, this milestone marks a significant advancement in the state’s energy infrastructure. The BESS was developed in Kingman, Arizona for Nucor, the largest steel producer in North America. Nucor’s bar mill is undergoing a major expan...

California Resources Corporation Breaks Ground on California’s First Carbon Capture and Storage Project

California Resources Corporation Breaks Ground on California’s First Carbon Capture and Storage Project October 16, 2025 Groundbreaking for Carbon TerraVault I Marks Major Milestone in California’s Clean Energy Future KERN COUNTY, Calif., Oct. 16, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today hosted a groundbreaking ceremony for Carbon TerraVault I (CTV I), the Golden State's first carbon capture and storage project , developed to reduce emissions and support the state’s path to carbon neutrality by 2045. CRC President and CEO Francisco Leon and CTV Holdings Managing Director Chris Gould were joined by a diverse group of state and community leaders at the Elk Hills Field in Kern County to celebrate this historic milestone. “Today’s groundbreaking is the result of years of vision, planning and collaboration,” Leon said. “CTV I is just the beginning — we’re proud to lead the way in building California’s carbon management economy and deploying proven clim...

VoltaGrid Collaborates with Oracle to Power Next-Gen AI Data Centers

VoltaGrid Collaborates with Oracle to Power Next-Gen AI Data Centers October 15, 2025 08:09 ET | Source: VoltaGrid LLC HOUSTON, Oct. 15, 2025 (GLOBE NEWSWIRE) -- VoltaGrid LLC will deploy 2,300 megawatts (MW) of cutting-edge, ultra-low-emissions infrastructure, supplied by Energy Transfer’s pipeline network, to support the energy demands of Oracle Cloud Infrastructure’s (OCI) next-generation artificial intelligence (AI) data centers. The VoltaGrid power infrastructure will be delivered through the proprietary VoltaGrid platform — a modular, high-transient-response system developed by VoltaGrid with key suppliers, including INNIO Jenbacher and ABB. “This is more than a power deal, it’s a collaboration with Oracle to engineer scalable solutions that dampen swings in AI power demand,” said Nathan Ough, CEO of VoltaGrid. “Together, we’re delivering grid-grade performance with ultra-fast response, zero reliance on battery storage, and near-zero criteria air emissions.” “AI workloads are un...

AI Infrastructure Partnership (AIP), MGX, and BlackRock’s Global Infrastructure Partners (GIP) to Acquire All Equity in Aligned Data Centers

AI Infrastructure Partnership (AIP), MGX, and BlackRock’s Global Infrastructure Partners (GIP) to Acquire All Equity in Aligned Data Centers Oct 15, 2025 7:30 AM Eastern Daylight Time Aligned Data Centers Is an Industry-Leading Provider of Innovative, Sustainable, and Adaptive Digital Infrastructure Powering the World’s Most Complex and Demanding Cloud and AI Workloads NEW YORK & ABU DHABI, United Arab Emirates & DALLAS--( BUSINESS WIRE )--The Artificial Intelligence Infrastructure Partnership (“AIP”), MGX, and BlackRock’s Global Infrastructure Partners (“GIP”) (collectively, the “Consortium”), today announced they will acquire 100% of the equity in Aligned Data Centers (“Aligned” or the “Company”) from private infrastructure funds managed by Macquarie Asset Management and its co-invest partners. The transaction will fuel the expansion of next-generation cloud and AI infrastructure and implies an Aligned enterprise value of approximately $40 billion. AIP was founded by BlackRo...

Partners Group to acquire Life Cycle Power, a leading provider of mobile generation solutions in the US

Partners Group to acquire Life Cycle Power, a leading provider of mobile generation solutions in the US Denver, US; 15 October 2025 Life Cycle Power operates a 897 MW fleet of mobile generation units, representing one of the largest and most efficient mobile fleets in the country LCP provides mission-critical services to a broad range of end users, supporting grid resiliency, covering emergency needs, and bridging transitional periods The Company benefits from thematic tailwinds including the growth of AI data center demand and the expansion of domestic industrial facilities Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, has agreed to acquire Life Cycle Power ("LCP" or "the Company"), a leading provider of bespoke, turn-key mobile power generation solutions in the US, from an investment partnership controlled by Arroyo Investors, a Houston-based private equity firm. Headquartered in Houston, TX, LCP ...

CapturePoint’s CENLA Hub Project Advances on Louisiana’s Short List for Carbon Storage Permitting

CapturePoint’s CENLA Hub Project Advances on Louisiana’s Short List for Carbon Storage Permitting Company praises Governor Jeff Landry’s leadership as central Louisiana deep underground project moves forward under state’s new framework for safe, transparent carbon storage October 15, 2025 14:31 ET | Source: CapturePoint Solutions LLC ALLEN, Texas, Oct. 15, 2025 (GLOBE NEWSWIRE) -- CapturePoint Solutions LLC (“CapturePoint”) announced today that its Central Louisiana Regional Carbon Storage Hub – known as the CENLA Hub – has been selected for the Louisiana Department of Conservation and Energy (C&E) short list of carbon capture and storage (CCS) projects advancing to final Class VI permit evaluations. “This is a major step forward for the CENLA Hub and for Louisiana’s carbon management future,” said CapturePoint President and CEO Greg Harper. “We’re pleased that Louisiana recognizes the CENLA Hub as an industry leader – designed for safety, environmental protection, economic develo...

Meta - Breaking Ground on Our New AI-Optimized Data Center in El Paso

Breaking Ground on Our New AI-Optimized Data Center in El Paso October 15, 2025 Takeaways El Paso, Texas, will be home to our newest AI-focused data center, which can scale to 1GW and will support our growing AI workload. This data center will contribute to El Paso’s economic growth by supporting 1,800 construction jobs at its peak and creating around 100 operational jobs for the initial phase. (Updated on October 15, 2025 at 2:00PM PT to clarify these figures represent an initial phase) We design and build our data centers with efficiency, flexibility, and sustainability in mind, and will work with local partners to support our environmental stewardship efforts, including water restoration projects and more. We’re breaking ground on a new, cutting-edge AI-focused data center that can scale to a 1GW data center site. Located in El Paso, Texas, this will be our 29th data center, and will help us to deliver top-tier AI models as we work to fulfill the possibilities of AI and build toward...

Green Plains Announces Startup of Carbon Capture System at York Facility

Green Plains Announces Startup of Carbon Capture System at York Facility Oct 14, 2025 4:15 PM Eastern Daylight Time OMAHA, Neb.--( BUSINESS WIRE )--Green Plains Inc. (NASDAQ:GPRE) today announced the successful startup of its carbon capture and storage (CCS) equipment in York, Nebraska, marking a key milestone in the expansion of its carbon capture capabilities. The CCS equipment is now fully operational and is delivering significant volumes of biogenic carbon dioxide to the Tallgrass Trailblazer pipeline for permanent sequestration. The company remains on track to bring additional CCS systems online at its Central City and Wood River, Nebraska facilities during the fourth quarter of 2025. “Bringing carbon capture online at York reflects the continued progress we’re making in executing our carbon strategy,” said Chris Osowski, Chief Executive Officer of Green Plains. “It’s the result of strong planning, disciplined execution, and a team-wide focus on optimizing every part of the platf...

JPMorganChase Launches $1.5 Trillion Security and Resiliency Initiative to Boost Critical Industries

JPMorganChase Launches $1.5 Trillion Security and Resiliency Initiative to Boost Critical Industries The firm will make direct equity investments of up to $10 billion as part of the $1.5 trillion initiative to address pressing needs in key sectors from critical minerals to frontier technologies October 13, 2025 JPMorganChase today announced the Security and Resiliency Initiative, a $1.5 trillion, 10-year plan to facilitate, finance and invest in industries critical to national economic security and resiliency. As part of this new initiative, JPMorganChase will make direct equity and venture capital investments of up to $10 billion to help select companies primarily in the United States enhance their growth, spur innovation, and accelerate strategic manufacturing. “It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing – all of which are essential for our national security,” sai...

Smackover Lithium Files Definitive Feasibility Study for Its South West Arkansas Project, North America’s Highest-Grade Reported Lithium Brine Reserve

Smackover Lithium Files Definitive Feasibility Study for Its South West Arkansas Project, North America’s Highest-Grade Reported Lithium Brine Reserve October 14, 2025 08:30 ET | Source: Standard Lithium LEWISVILLE, Ark., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Smackover Lithium, a 55:45 owned Joint Venture (“JV”) between Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE.A: SLI) and Equinor (“Equinor”), announced today that the Definitive Feasibility Study (“DFS” or the “Report”) for its South West Arkansas (“SWA”) project (the “Project” or “SWA Project”) has been filed. All figures are in US dollars unless otherwise stated. All terms not otherwise defined have the meaning given to them under the CIM Definition Standards for mineral resources and mineral reserves. The DFS contemplates production capacity of 22,500 tonnes per annum of battery-quality lithium carbonate over a 20-year modeled operating life, producing 447,000 tonnes (Proven Reserves) of lithium carb...

FourPoint Resources and Energy Transfer Announce Agreement to Facilitate the Expansion of the Price River Terminal - Doubling its Export Capacity

FourPoint Resources and Energy Transfer Announce Agreement to Facilitate the Expansion of the Price River Terminal - Doubling its Export Capacity News provided by  FourPoint Resources, LLC Oct 09, 2025, 07:00 ET DENVER, Oct. 9, 2025 /PRNewswire/ -- FourPoint Resources, LLC ("FourPoint") today announced a strategic agreement with Energy Transfer LP (NYSE: ET ) to significantly expand the Price River Terminal in Wellington, Utah, doubling the terminal's export capacity and enhancing deliverability of American Premium Uinta (APU) crude to refineries throughout the Lower 48. This expansion further strengthens the transportation infrastructure and takeaway capacity out of the Uinta Basin and unlocks greater market access for FourPoint to meet the growing demand for this high-quality American crude. The terminal expansion will feature a newly constructed continuous loop track to streamline rail logistics and a railcar load rack capable of loading 140,000 barrels of oil per day....

Brookfield and Bloom Energy Announce $5 Billion Strategic AI Infrastructure Partnership

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Brookfield and Bloom Energy Announce $5 Billion Strategic AI Infrastructure Partnership October 13, 2025 $5 billion partnership launches first phase of joint AI infrastructure vision Bloom Energy to become preferred onsite power provider for Brookfield’s global AI factories The partnership marks Brookfield’s first investment through its dedicated AI Infrastructure strategy SAN JOSE, Calif.--(BUSINESS WIRE)-- Bloom Energy (NYSE: BE), a global leader in power solutions, and Brookfield today announced a $5 billion strategic partnership to implement a reimagined future for AI infrastructure. This partnership marks the first phase of a joint vision to build AI factories capable of meeting the growing compute and power demands of artificial intelligence. AI factories require infrastructure that tightly integrates compute, power, data center architecture, and capital. Bloom Energy’s fuel cells deliver reliable, scalable and clean onsite power that can be rapidly deployed without legacy grids....

OpenAI and Broadcom announce strategic collaboration to deploy 10 gigawatts of OpenAI-designed AI accelerators

OpenAI and Broadcom announce strategic collaboration to deploy 10 gigawatts of OpenAI-designed AI accelerators October 13, 2025 Multi-year partnership enables OpenAI and Broadcom to deliver accelerator and network systems for next-generation AI clusters. News: OpenAI and Broadcom will co-develop systems that include accelerators and Ethernet solutions from Broadcom for scale-up and scale-out Broadcom to deploy racks of AI accelerator and network systems targeted to start in the second half of 2026, to complete by end of 2029 San Francisco and Palo Alto—October 13, 2025—OpenAI and Broadcom today announced a collaboration for 10 gigawatts of custom AI accelerators. OpenAI will design the accelerators and systems, which will be developed and deployed in partnership with Broadcom. By designing its own chips and systems, OpenAI can embed what it’s learned from developing frontier models and products directly into the hardware, unlocking new levels of capability and intelligence. The racks, ...