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Activities between Nov. 16, 2024, 12:06 a.m. and Nov. 23, 2024, 12:06 a.m.
from: Retail Provider Specializing In Electricity And Natural Gas Commodities.
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Document Date: Nov. 19, 2024, 1:30 p.m. / Source: GlobeNewswire
Activity Class: CorporateFinanceActivity
/ Type: Investment
Target:
- Genie Energy Ltd.
/ Industry: Energy And Technology, Energy Trading And Market Risk Management and 3 more
Document Extract: NEWARK, NJ, Nov. 19, 2024 (GLOBE NEWSWIRE) - Genie Energy Ltd., (NYSE: GNE) , a retail energy and renewable energy solutions provider, today announced that it has closed on a loan financing on a portfolio of operating solar generation assets.
Document Source: https://www.globenewswire.com/news-release/2024/11/19/2983607/0/en/Genie-Energy-Closes-on-Solar-Generation-Project-Financing.html
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Document Date: Nov. 18, 2024, 6 a.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity
/ Region: Newfoundland and Labrador
Partnership:
- Abraxas Power Corp.
/ Industry: Energy Transition Investment Firm, Renewable Energy Technology
- Abraxas Power Corp
/ Industry: Energy Transition Investment Firm, Renewable Energy Technology
- EDF
/ Industry: Critical- Power Service, Electric Utility Business and 8 more
- EDF
/ Industry: Critical- Power Service, Electric Utility Business and 7 more
Document Extract: Through these agreements, Abraxas and EDF, as equity partners, will develop the project with the objective to reach a final investment decision (FID) in 2026. Construction is expected to take place from 2026 through 2030. Colter Eadie, CEO of Abraxas and EVREC said, "We are thrilled to announce this transaction with EDF as we continue to advance the development of the EVREC project. The arrangements with EDF further support our commitment to advancing the energy transition and supporting Newfoundland and Labrador's green future. With the global experience of one of the world's largest energy companies, we are well-positioned to move forward with a project that is not only expected to drive economic growth in the region but is also expected to make a significant impact on reducing carbon emissions.
Document Source: https://www.globenewswire.com/news-release/2024/11/18/2982426/0/en/EDF-Group-and-Abraxas-Power-Corp-Announce-Strategic-Partnership-for-the-Exploits-Valley-Renewable-Energy-Corporation-Green-Hydrogen-and-Ammonia-Project-in-Newfoundland.html
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Document Date: Nov. 18, 2024, 6 a.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity
/ Region: Newfoundland and Labrador
Partnership:
- EDF
/ Industry: Critical- Power Service, Electric Utility Business and 8 more
- EDF
/ Industry: Critical- Power Service, Electric Utility Business and 7 more
- Abraxas and EVREC
/ Industry: Energy And Technology
Document Extract: Through these agreements, Abraxas and EDF, as equity partners, will develop the project with the objective to reach a final investment decision (FID) in 2026. Construction is expected to take place from 2026 through 2030. Colter Eadie, CEO of Abraxas and EVREC said, "We are thrilled to announce this transaction with EDF as we continue to advance the development of the EVREC project. The arrangements with EDF further support our commitment to advancing the energy transition and supporting Newfoundland and Labrador's green future. With the global experience of one of the world's largest energy companies, we are well-positioned to move forward with a project that is not only expected to drive economic growth in the region but is also expected to make a significant impact on reducing carbon emissions.
Document Source: https://www.globenewswire.com/news-release/2024/11/18/2982426/0/en/EDF-Group-and-Abraxas-Power-Corp-Announce-Strategic-Partnership-for-the-Exploits-Valley-Renewable-Energy-Corporation-Green-Hydrogen-and-Ammonia-Project-in-Newfoundland.html
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Document Date: Nov. 18, 2024, 6 a.m. / Source: GlobeNewswire
Activity Class: PartnershipActivity
/ Region: Newfoundland and Labrador
Partnership:
- Abraxas Power Corp
/ Industry: Energy Transition Investment Firm, Renewable Energy Technology
- EDF
/ Industry: Critical- Power Service, Electric Utility Business and 7 more
- EDF
/ Industry: Critical- Power Service, Electric Utility Business and 8 more
- Abraxas and EVREC
/ Industry: Energy And Technology
- Abraxas Power Corp.
/ Industry: Energy Transition Investment Firm, Renewable Energy Technology
Document Extract: Colter Eadie, CEO of Abraxas and EVREC said, "We are thrilled to announce this transaction with EDF as we continue to advance the development of the EVREC project. The arrangements with EDF further support our commitment to advancing the energy transition and supporting Newfoundland and Labrador's green future. With the global experience of one of the world's largest energy companies, we are well-positioned to move forward with a project that is not only expected to drive economic growth in the region but is also expected to make a significant impact on reducing carbon emissions. EVREC represents a transformative step towards a sustainable energy economy, and we are excited to lead the way in delivering green hydrogen and ammonia to global markets, creating lasting benefits for Newfoundlanders and the environment ." Beatrice Buffon, Group Senior Executive Vice-President, EDF International Division, CEO of EDF Renewables commented, "We are proud to join our partner Abraxas within the EVREC Project which demonstrates strong competitive advantages in the global green hydrogen and ammonia market.
Document Source: https://www.globenewswire.com/news-release/2024/11/18/2982426/0/en/EDF-Group-and-Abraxas-Power-Corp-Announce-Strategic-Partnership-for-the-Exploits-Valley-Renewable-Energy-Corporation-Green-Hydrogen-and-Ammonia-Project-in-Newfoundland.html
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Document Date: Nov. 18, 2024, 1:15 p.m. / Source: PR Newswire
Activity Class: PartnershipActivity
Partnership:
- Corteva
/ Industry: Agricultural Technology, Biotech And Technology and 2 more
- BP
/ Industry: Chemical And Technology, Cold Pressing Oil Plant and 14 more
- Corteva
/ Industry: Agricultural Technology, Biotech And Technology and 2 more
- BP
/ Industry: Chemical And Technology, Cold Pressing Oil Plant and 14 more
Document Extract: We are excited at the prospect of partnering with bp to help the European airline industry become more sustainable while giving farmers a new source of income ," said Corteva Chief Strategy Officer, Brook Cunningham. " We see great potential in a partnership with Corteva - together, we are well positioned to deliver value through leveraging Corteva's technology and grower relationships and bp's refining and trading capabilities ," said Emma Delaney, executive vice president, customers & products, bp. The two companies anticipate finalizing definitive agreements in 2025 with the target operational date for the JV later in the year. About Corteva Agriscience. Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world's most pressing agriculture challenges.
Document Source: https://www.prnewswire.com/news-releases/corteva-announces-intent-to-partner-with-bp-to-develop-low-carbon-intensity-bio-feedstock-for-aviation-fuel-production-302307748.html
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Document Date: Nov. 20, 2024, 12:03 p.m. / Source: GlobeNewswire
Activity Class: CorporateFinanceActivity
/ Type: Acquisition
Vendor:
- Scatec
/ Industry: Energy And Technology, Hydroelectric Power Generation and 4 more
Buyer:
Participant:
Target:
- Kalkbult
/ Industry: Renewable Energy Technology
Document Extract: Oslo, 20 November 2024: Scatec ASA, a leading renewable energy provider, has closed the second and final phase of the previously announced sale of parts of its ownership in the Kalkbult, Linde and Dreunberg solar power plants to Greenstreet 1 Proprietary Limited, a subsidiary of STANLIB Infrastructure Fund II, managed by STANLIB Asset Management Proprietary Limited ("STANLIB") .
Document Source: https://www.globenewswire.com/news-release/2024/11/20/2984308/0/en/Scatec-completes-the-Kalkbult-Linde-and-Dreunberg-transaction-in-South-Africa.html
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Document Date: Nov. 21, 2024, 12:45 p.m. / Source: PR Newswire
Activity Class: CorporateFinanceActivity
/ Type: Joint Venture
/ Region: Texas
Protagonist:
- RWE
/ Industry: Electric Utility Business, Electricity Supplier and 3 more
- Peabody
/ Industry: Coal Business, Energy And Technology and 2 more
Document Extract: AUSTIN, Texas and ST. LOUIS, Nov. 21, 2024 /PRNewswire/ - RWE, a leading renewable energy company, and Peabody (NYSE: BTU) today announced a new partnership to strategically advance renewable energy projects by repurposing reclaimed land previously used for mining.
Document Source: https://www.prnewswire.com/news-releases/rwe-and-peabody-partner-to-develop-solar-and-energy-storage-pipeline-on-repurposed-reclaimed-mine-lands-302312305.html
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Document Date: Nov. 21, 2024, 9 a.m. / Source: Business Wire
Activity Class: PartnershipActivity
Provided_By:
Awarded:
Document Extract: RWE to Harness AI-driven Weather Modelling With HPE Private Cloud AI. Hewlett Packard Enterprise (HPE) today announced that RWE, a leading company in the field of renewable energy, has selected HPE Private Cloud AI to unlock new intelligence from weather data. Researchers at RWE's Artificial Intelligence (AI) Research Laboratory will utilize the AI-optimized, turnkey private cloud to evaluate, fine tune and inference weather models, harnessing cutting-edge AI to enhance operational decision-making and their global renewable energy leadership. " As a leading provider of renewable energy, RWE is at the forefront of balancing the increasing power demands of the modern world with the societal challenge of protecting the climate ," said Simon Tarplee, Head of Commercial AI at RWE Supply & Trading. " We see AI as a key enabler that allows us to optimize our processes and create new, sustainable solutions, and set the ambitious goal to have a production training capable solution in-place by the end of 2024.
Document Source: https://www.businesswire.com/news/home/20241121555594/en/RWE-to-Harness-AI-driven-Weather-Modelling-With-HPE-Private-Cloud-AI
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Document Date: Nov. 20, 2024, 1 p.m. / Source: PR Newswire
Activity Class: RoleActivity
/ Type: Starting
/ Region: New York City
Role:
Person:
Organization:
Document Extract: NEW YORK, Nov. 20, 2024 /PRNewswire/ - D. E. Shaw Renewable Investments (DESRI) today announced two recent additions to the company's senior management team.
Document Source: https://www.prnewswire.com/news-releases/d-e-shaw-renewable-investments-announces-additions-to-senior-management-team-302310749.html
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Document Date: Nov. 20, 2024, 1 p.m. / Source: PR Newswire
Activity Class: RoleActivity
/ Type: Starting
/ Region: New York City
Role:
Person:
Organization:
Document Extract: NEW YORK, Nov. 20, 2024 /PRNewswire/ - D. E. Shaw Renewable Investments (DESRI) today announced two recent additions to the company's senior management team.
Document Source: https://www.prnewswire.com/news-releases/d-e-shaw-renewable-investments-announces-additions-to-senior-management-team-302310749.html
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