A big announcement
The almost headlines
In case you missed
Reeves County site near Waha; in-service target YE 2029 (subject to PPA).
Air permit + interconnection filed; grid-connected NG with DC anchor envisioned.
LandBridge controls ~277k surface acres across TX/NM.
Pacific Northwest PPA adds to Amazon’s clean-energy stack.
~100k panels; ~200 construction jobs; $6M in PILOTs & property taxes.
Output ≈ power for ~10k U.S. homes; Avangrid OR footprint ~2.5 GW.
171.7 MWac solar + 237 MWh storage; COD Q4 ’25.
Goldman Sachs provides pref equity/structured financing; complements $300M HPS facility + $100M carbon JV.
Long-term offtake to Meta for DCs; hundreds of construction jobs + local tax lift.
ERCOT siting; design targets fast interconnection + merchant/hedge optionality.
Fortune 500 buyer commits through 2026; funds ~260 MW incremental build.
Supports >2 GW pipeline; follows $260M debt raise (June ’25).
Developer/operator with 125+ projects and >500 MW DG built to date.
Millions of GPUs; 1 GW online 2H ’26; NVDA to invest up to $100B as GW scale rolls out.
Joint roadmap co-optimizes models, infra software, and NVIDIA HW stack.
Taps partnerships with Microsoft, Oracle, SoftBank, Stargate for siting/power.
Aims to underwrite next-gen model training + global AI factory buildout.
OpenAI cites 700M weekly users; demand signal for capacity ramp.
Up to 680,000 t/yr biogenic CO₂ from BECCS to permanent storage.
Integrated CCS: existing pipes + Class VI wells + advanced monitoring.
Supplies CDR credits to Microsoft and others; permanence and MRV central.
Supports industrial jobs/investment; scalable hub-and-spoke model.
Aligns with Louisiana’s emerging CCUS corridor and low-carbon fuels push.
Rail + sequestration + digital MRV targeting ~70 Mt/yr CO₂ across ~200 plants.
Sweetwater CCS hub (WY) anchors sequestration; Granger terminal Phase 1 in 2027 (up to 500k t/yr).
Solves “>50-mile” pipeline-gap sites with rail; accelerates decision-to-execution in <24 months.
Verity provides digital tracking to enhance credit integrity and auditability.
Improves LCFS/IRA positioning and offtake competitiveness for ethanol producers.
Offtake from ~400 MW ARC plant in Virginia, early-2030s.
Extends equity/tech collaboration (Eni a shareholder since 2018).
Validates path from SPARC demo to grid-connected ARC commercialization.
Leans on HTS magnet breakthroughs; multi-year construction + licensing ahead.
Positions Eni for early fusion offtake as part of net-zero strategy.
21 reactors ran 98.8% Jun–Aug; $7B decade investment.
Output supported ~16M homes/businesses; fleet ~90% carbon-free generation.
Uprates/modernization under review; exploring restart of Crane (PA).
Claims 4% higher capacity factor vs. industry average; heat-wave stress test passed.
Emphasizes nuclear’s role for data economy + transport electrification reliability.
Refocus on U.S. utilities; no equity needs for 2025–29 capex plan.
45% stake in Sempra Infrastructure Partners sold to a KKR-led consortium including CPP Investments; post-deal ownership: KKR/CPP group 65%, Sempra 25%, ADIA 10%.
$10B cash; implies $22.2B equity / $31.7B EV for SIP; staged cash receipts (47% at close; remainder over ~7 years). Close targeted Q2–Q3 2026.
Port Arthur LNG Phase 2 investors (49.9% minority stake): Blackstone Credit & Insurance (lead), joined by KKR, Apollo-managed funds, and Goldman Sachs Alternatives (private credit); SIP retains 50.1%.
Deal removes planned equity needs for 2025–29 utility capex and tightens Sempra’s utility focus; PALNG Ph2 targets COD 2030–31.
Adds ~150 kb/d from 2029; installed capacity to ~1.5 Mmb/d.
$6.8B project; 18 wells; FPSO-based; >$60B now committed across 7 projects.
Current output ~650 kb/d; guiding >900 kb/d by year-end; local spend $2.9B+.
Long-term High-Impact REC purchase; ~50,000 MWh/yr (≈3,000 homes).
Current President & CFO succeeds Nick Deiuliis (stays on the board).
Portfolio totals 3,005 MW (VA, OK, TX).
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.