Sunya

Aethon Energy to Acquire Tellurian Integrated Upstream Assets : Enters into Heads of Agreement for Two mtpa of LNG from Driftwood LNG May 29, 2024 07:00 AM Eastern Daylight Time HOUSTON & DALLAS--( BUSINESS WIRE )--Tellurian Inc. (NYSE American: TELL) and Aethon Energy Management LLC (Aethon) announced an agreement for Aethon to acquire Tellurian’s integrated upstream assets for $260 million, alongside a Heads of Agreement for Aethon to purchase two million tons per annum (mtpa) of liquified natural gas (LNG) from Tellurian’s Driftwood LNG plant. The assets will expand Aethon’s footprint in the Louisiana Haynesville and Bossier shale basins with approximately 31,000 net acres, including gathering and treating systems that have capacity for up to 100 million cubic feet per day (MMcf/d) that will bring Aethon’s pro forma gathering and treating capacity to over 3 Bcf/d across its assets. The Heads of Agreement contemplates the parties negotiating a 20-year offtake agreement which woul...

ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update : Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share. ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings within the first full year following the closing of the transaction. Independent of the transaction, ConocoPhillips expects to increase its ordinary base dividend by 34% to 78 cents per share starting in the fourth quarter of 2024. Upon closing of the transaction, ConocoPhillips expects share buybacks to be over $20 billion in the first three years, with over $7 billion in the first full year, at recent commodity prices. May 29, 2024 07:00 AM Eastern Daylight Time HOUSTON--( BUSINESS WIRE )--ConocoPhillips (NYSE: COP) and Marathon Oil Corporation (NYSE: MRO) announced today that they have entered into a definitive agreement pursuant to which ...

€8 million Series A funding round for shipzero 27.05.2024  €8 million Series A for shipzero – Sustainable logistics pioneer expands its innovative emissions cloud Hamburg-based green logistics startup advances its industry-leading emissions management platform with new funding round led by ETF Partners. Funding will allow for accelerated international expansion and new emissions management features, including a Book & Claim solution that enables active emission reduction alongside emission accounting for all modes of transport. Leading companies such as Hellmann, BSH Home Appliances and the Nagel-Group rely on shipzero for emissions data and logistics compliance. Hamburg, May 27, 2024 – Green logistics enabler shipzero today announces the successful completion of its Series A funding round, raising €8 million with investors ETF Partners, Rethink Ventures, zu na mi and Raspberry Ventures. Funds will be used to grow and accelerate its industry-leading emissions management cloud p...

Redaptive Expands Financing to Deploy Energy-as-a-Service Solutions for Sustainability Programs; Deutsche Bank, Rabobank and Mitsubishi HC Capital America Contribute $250 Million : Added funds in this securitization style warehouse facility allows further opportunities for Redaptive to install metering, energy-saving and energy-generating projects for customers DENVER , May 22, 2024 /PRNewswire/ -- Today Redaptive, Inc., the Energy-as-a-Service (EaaS) leader, announced the expansion of its warehouse facility with Deutsche Bank's US Private Credit & Infrastructure group to help accelerate their HVAC, LED, solar and other projects. Deutsche Bank, acting as Sole Lead Arranger, is now joined by Rabobank, a premier global food and agribusiness bank and a leading financier of the energy transition, and Mitsubishi HC Capital America, the largest non-captive, non-bank commercial finance company in North America , which have extended funding to this round to $250 million...

FACT SHEET: Biden-⁠Harris Administration Announces New Principles for High-Integrity Voluntary Carbon Markets BRIEFING ROOM STATEMENTS AND RELEASES Since Day One, President Biden has led and delivered on the most ambitious climate agenda in history, including by securing the Inflation Reduction Act, the largest-ever climate investment, and taking executive action to cut greenhouse gas emissions across every sector of the economy. The President’s Investing in America agenda has already catalyzed more than $860 billion in business investments through smart, public incentives in industries of the future like electric vehicles (EVs), clean energy, and semiconductors. With support from the Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction Act, these investments are creating new American jobs in manufacturing and clean energy and helping communities that have been left behind make a comeback. The Biden-Harris Administration is committed to taking ambitious action ...

Energy Capital Partners (ECP) Completes $6.7 Billion Fundraise : Surpasses Fund V Fundraising Target by 10% and Raises Additional $2.3 Billion of Co-Investment Capital May 28, 2024 08:45 AM Eastern Daylight Time SUMMIT, N.J.--( BUSINESS WIRE )--Energy Capital Partners (“ECP”), a leading investor across energy transition, electrification and decarbonization infrastructure assets, today announced the successful final closing of its fifth flagship equity strategy, ECP V (“Fund V”), with total capital commitments of $4.4 billion. ECP exceeded its initial $4.0 billion target for Fund V by 10 percent and also raised an additional $2.3 billion of co-investment capital, reflecting the strong and continued support for ECP’s flagship equity strategy. Fund V will continue ECP’s cycle-tested investment strategy of transforming attractive and growing companies in power generation, renewable and storage assets and critical sustainability and decarbonization infrastructure. Earlier today, ECP announ...

Energy Transfer to Acquire WTG Midstream in a $3.25 Billion Transaction : WTG Midstream Owns and Operates the Largest Private Permian Gas Gathering and Processing Business with Assets Located in the Core of the Midland Basin Expands Energy Transfer’s natural gas pipeline and processing network in the Permian Basin Includes eight gas processing plants (~1.3 Bcf/d) and two more under construction (~0.4 Bcf/d) Adds more than 6,000 miles of complementary gas gathering pipelines Includes a 20% ownership interest in the BANGL NGL Pipeline* Supported by high-quality customers with an average contract life of more than eight years Structured mix of cash and equity consideration expected to provide strong equity returns while maintaining leverage target Estimated DCF accretion of ~$0.04 per common unit in 2025, increasing to ~$0.07/unit in 2027 (Graphic: Business Wire) May 28, 2024 08:10 AM Eastern Daylight Time DALLAS & MIDLAND, Texas--( BUSINESS WIRE )--Energy Transfer LP (NYSE: ET) and ...