A big announcement
The almost headlines
In case you missed
World’s largest private energy-transition fund; ~$23.5B incl. co-invests.
Key LPs: ALTÉRRA $2B, NBIM $1.5B; $5B+ already deployed (e.g., Neoen).
Strategy spans renewables, CCUS, SAF; tailwinds from AI-driven demand/electrification.
Follows $15B Fund I; recent supply deals with Microsoft/Google.
30,000,000 units at $10.00; closed Oct 2, 2025.
Each unit: 1 Class A share + 1/6 warrant (full warrant @ $11.50).
Symbols on separation: KRSP (shares), KRSP.W (warrants); 45-day greenshoe for 4.5M units.
Focus: upstream O&G, power gen, energy infra, critical metals; joint bookrunners Barclays & Jefferies.
Close targeted Q1’26 (approvals).
Serves ~900k customers; supplies ~17% of Ireland’s power and ~20% of wind.
Pipeline to fund renewables growth for Ireland’s digital economy; continuity for customers and staff.
Closes 4Q’25; adds AI safety/compliance to utility stack.
Bolsters outage prevention, asset protection, and worker/public safety amid aging grids/extreme weather.
CEO Tom Deitrich: aligns with resiliency strategy; funded with cash on hand.
Urbint founder Corey Capasso joins, advancing shared mission across energy, water, city services.
Starts with 1 GW of Instinct MI450 in 2H’26; multi-year scale-up.
Joint roadmap + optimization; accelerates OpenAI infra build.
Warrant up to 160M AMD shares vests in tranches tied to GW deployments/performance.
New West Memphis data center + $25M Energy Impact Fund.
Portfolio includes a 600-MW solar project + 350-MW battery to support the facility.
Entergy cites $1.1B+ net benefits and rate relief via large-customer cost sharing; regulatory approvals in progress.
85 plants, ~700 MW hydro across 18 states; close targeted Q1’26.
Terms undisclosed; platform powers ~260k homes and serves rising DC/industrial demand.
Apollo cites strong safety/ops record; $59B committed to energy-transition deals since 2022.
Advisors: BMO Capital Markets (FA) and Vinson & Elkins (legal).
First owned utility-scale projects in Indiana; $400M invested.
Offtakers: IMPA (Ratts 1), Meta (Heirloom); $86M+ local funding over life.
200+ construction FTEs; expansion underway across Midwest (e.g., MO’s Kelso).
Cargo from Donaldsonville, LA to Europe for low-carbon caprolactam.
Enabled by CF’s CCS project (launched July 2025); pathway to ~1.9 Mt/yr VACI-certified output.
Marks CF’s second low-carbon ammonia cargo; builds verified supply chain from producer → trader → end user.
Target grid-constrained markets; H1’27 completion (permits pending).
10-yr fixed-price PPAs with IG counterparty; build multiple ~5× EBITDA.
2025 growth capex raised +$875M to $3.45–$3.75B; leverage midpoint ~3.7×.
Post-Enerplus integration, Williston position strengthened.
Succession + focus on gas transmission & power.
Closes late 2025, pending written order; ~$200M customer benefits.
15.5M shares (+2.325M option); close expected Oct 6, 2025.
Sunya Stories Episode #13 with Dynamix Corporation CEO and CFO - Andrejka Bernatova and Nader Daylami
You can find it on Spotify.
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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.