The Western Haynesville got a midstream mark-to-market — and the buyer’s thesis is load growth.

• Comstock sold a 27% non-controlling stake in Pinnacle Gas Services to Sixth Street for $600M, valuing the platform at $2.2B EV. Comstock keeps the remaining 73% (~$1.6B).

• Proceeds retire $445M of Pinnacle preferred plus all Pinnacle debt, cutting Comstock’s fixed charges ~$40M/yr. Pinnacle gathers gas across Comstock’s ~540,000 net Western Haynesville acres.

• Equinor doubled its 2026 buyback to $3B (from $1.5B), guided to $2–4B/yr from 2027 and 5%+ annual dividend growth, and targets 2.3 MMboe/d of oil and gas by 2030 — up 150,000 boe/d, with international output up ~30%.

• It scrapped the old 10–12 GW 2030 renewables target and now expects ~10% of capex to go to its Power segment, while still guiding to 20+ TWh of power production by 2030.

• Google will spend $1.5B across 2026–2027 to expand its Jackson County, Alabama campus — on TVA’s retired Widows Creek coal site since 2019 — and says it will pay 100% of its power and directly driven infrastructure costs, backed by 300+ MW of newly contracted Tennessee Valley generation.

• Google also committed a $2M Energy Impact Fund for local weatherization and efficiency, a $550K STEM-kit donation, and demand-response participation during peak demand and extreme weather.

• Videberg Kraft selected Rolls-Royce SMR for three reactors on Sweden’s Värö peninsula near Ringhals — ~1,500 MWe (three 470 MW units, ~12 TWh/yr, ~6% of Swedish demand).

• The selection followed a review of 70+ alternatives over three years; the first unit is expected mid-2030s at the earliest. It would be Sweden’s first new nuclear plant in 40+ years.

• SRP and Aypa Power brought the 250 MW / 1,000 MWh Pediment battery online in Mesa’s Elliot Road Technology Corridor, enough to serve ~56,250 homes for four hours; SRP plans to more than double system capacity over the next decade.

• Aypa acquired Pediment from Eolian in 2024; it’s the first of two SRP-contracted projects, with a second 250 MW / 2,000 MWh system due online December 2028.

Know someone who should be reading this?

Forward this email. It takes 2 seconds. They’ll thank you.