$13.6B deal expands Baker Hughes’ technology footprint across LNG, data centers, and clean energy.

  • Baker Hughes will acquire Chart Industries for $210/share, enhancing its energy tech platform and expanding its addressable market.

  • The merger is expected to yield $325M in cost synergies and be accretive to earnings and free cash flow.

  • Backed by bridge financing from Goldman Sachs and Morgan Stanley, the deal is slated to close mid-2026.

Quantica aims to streamline AI and hyperscale data center development with power, land, and fiber under one roof.

  • EnCap-backed Quantica Infrastructure will deliver integrated sites with grid, renewables, and fiber connectivity to accelerate deployment.

  • The platform targets the growing shortfall of ready-to-build data center sites across North America.

  • Leadership team brings deep power, fiber, and development expertise; EnCap sees it as key to enabling U.S. AI infrastructure expansion.

New platform to aggregate and lease land for solar, wind, and storage projects across the continent.

  • JouleTerra’s debut includes Electric Land and Solaria’s Generia Land; it will offer long-term land leases to renewable developers.

  • Stonepeak sees land bottlenecks as a key barrier to meeting Europe’s clean energy targets.

  • Strategy includes platform M&A and greenfield aggregation to scale grid-connected, project-ready sites.

  • Erova manages trading and risk services for wind, solar, WtE, and battery assets and recently expanded into B2B energy supply.

  • Erova’s founders and Mitsui & Co. will retain involvement; operations will continue from Dublin and London.

  • Macquarie plans to scale Erova’s platform into new geographies as clean energy generation ramps up.

New JV to back solar projects in Ohio, Kentucky, Indiana, and Oklahoma.

  • Ares (80%) and Savion (20%) launched Tango Holdings to co-own solar assets including Martin County and Kiowa County projects.

  • The platform will manage 496 MW of solar with Shell Renewable Asset Management as operator.

  • Ares has added 4 GW of power generation assets across nine states in the past year.

Financing will accelerate development of Treaty Oak’s 17.3 GW clean energy pipeline.

  • ING, Nomura, and SMBC led a $300M senior secured credit facility for Treaty Oak to fund solar, wind, and BESS development.

  • Proceeds support project interconnection, equipment procurement, and letters of credit for offtake agreements.

  • Treaty Oak, backed by Macquarie, has 485 MW under contract and began building its 100 MW Redfield Solar Project in Arkansas.

Lyten to restart Gdansk battery production and scale lithium-sulfur tech to meet AI-era energy storage demand.

  • Funding brings total capital raised to $625M; supports European expansion and restart of Northvolt Dwa facility in Poland.

  • Lyten acquires Northvolt’s Voltpack Mobile Systems and Voltrack IP, planning Q4 2025 product deliveries.

  • With over 540 patents and U.S. manufacturing in San Jose, Lyten positions lithium-sulfur as a cleaner, denser alternative for AI and grid storage markets.

Google backs Energy Dome’s long-duration storage tech to advance 24/7 carbon-free goals.

  • Google entered a global commercial agreement and made a strategic investment in Energy Dome’s CO₂ Battery technology.

  • The battery offers 8–24 hours of dispatchable storage without lithium or rare earths and supports Google’s 2030 clean energy goals.

  • Projects will be deployed in Europe, the U.S., and Asia-Pacific; design is modular and uses off-the-shelf components.

San Antonio utility to test distributed pyrolysis for hydrogen and solid carbon co-production.

  • CPS Energy will pilot Modern Hydrogen’s gas-to-hydrogen pyrolysis tech to support grid reliability and decarbonization.

  • The process generates hydrogen and reusable solid carbon without CO₂ emissions.

Ethereum infrastructure firm plans to go public via SPAC with $1.6B+ in capital.

  • The Ether Machine will go public through a merger with Dynamix Corp., trading as ETHM on NASDAQ.

  • The deal includes $800M from institutional investors and ~$645M from Andrew Keys, totaling $1.5B+ in capital.

  • ETHM will manage 400K+ ETH, targeting institutional staking, ETH yield, and infrastructure support.

Sunya Stories episode #12 with David Heikkinen of WhiteHawk Energy.

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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.

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