A big announcement
The almost headlines
Video of the week
In case you missed
PJM CCGT to support rising data-center demand in PA-NJ-MD.
Purchase from Ardian; advisers: Santander/Houlihan; legal: Kirkland & Ellis.
Part of Blackstone’s >$25B PA digital/energy infra push.
Among newest, most efficient U.S. combined-cycle plants.
Recip engines (Jenbacher J620) via AB Energy to staged-deliver through mid-2028.
400 MW online by Q4’27; remainder by mid-’28.
Up to 202 Ecomax 33 modules; thermal + renewables + storage campus model.
Part of Titus’s 7.8-GW portfolio; PEI Global Partners advising.
Private Plan Review + AI to cut permit timelines by ~75%.
Led by Insight Partners with Energize Capital; founded 2022.
Nearly 100 Fortune 500 users; expanding into lodging, logistics, multifamily.
LiteTable flags code issues using a large rule/comment library.
Live 2025 trial: NVIDIA-powered workloads modulate demand in real time.
Emerald Conductor mediates grid ↔ DC to unlock capacity & stability.
Aims to set technical standards; backed by National Grid Partners investment.
Supports faster connections and a more flexible electricity system.
CPP Investments backs U.S. afforestation + project finance scale.
$210M non-recourse project finance for removal credits (Gold Standard).
Proceeds for land and tech; >60k acres across 8 southern states.
Focus: high-quality, verifiable carbon removal to meet corporate net-zero goals.
Energy-first SPAC targeting upstream, power, infrastructure & critical minerals.
Plans NYSE listing as KRSP.U; Barclays & Jefferies as joint bookrunners.
S-1 filed; offer subject to SEC effectiveness and market conditions.
Backed by Rice Investment Group and Mercuria.
SPP-connected; long-term offtake with Meta; COD 2026.
Tax equity: Morgan Stanley; debt lead: Société Générale/CIBC (+ others).
Tech: First Solar Series 7, Nextracker; EPC: SOLV; 400+ peak jobs.
Est. ~475k tCO₂e/yr avoided; >$18M lifetime local taxes.
Exchange: 0.0718 CRC/BRY; CRC holders to own ~94% post-close.
$80–90M annual synergies within 12 months; Q1’26 close target.
15% premium to BRY; CRC retains low-leverage balance sheet.
Berry’s Uinta position adds optionality/upside.
Accretive, long-lateral inventory with $40s WTI breakevens.
48k net acres, 86% WI; 90 net 10k-ft-eq locations (3–4 mi laterals).
Near-term output ~9 Mboe/d (78% oil), ~23% base decline.
Funded with cash + borrowings; post-deal leverage ~0.5–0.6×; close YE’25 (effective 9/1/25).
Oil, gas, solar, and water projects all underway; scale + decarbonization.
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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.