The almost headlines
In case you missed
Funding pushes world’s largest enhanced geothermal project closer to reality.
Fervo raised $206M to scale its Cape Station geothermal project in Utah — targeting 500 MW of carbon-free power by 2028.
The raise includes $100M from Breakthrough Energy Catalyst, $60M from Mercuria, and $45.6M from XRL-ALC.
Cape Station is permitted for up to 2 GW of capacity and aims for 100 MW by 2026 in Phase I.
Amazon locks in massive carbon-free power to support data center and AI growth.
Amazon signs PPA for 1,920 MW from Talen’s Susquehanna nuclear plant, scaling through 2032.
Supports Amazon's Pennsylvania operations and opens door for SMR exploration.
Shift to “front-of-the-meter” setup expected after 2026 grid upgrades.
Reduces Talen’s reliance on federal subsidies; praised by state officials for economic impact.
Brookfield backs Crusoe’s clean-powered AI data centers with $750M in debt financing.
Crusoe secures $750M from Brookfield to expand energy-first AI factories.
Funds will scale Crusoe’s AI cloud platform and specialized data centers.
Deal follows $600M Series D and $225M credit from Upper90.
Part of a $15B JV for 1.2 GW AI data center in Abilene, TX.
New solar deals strengthen Enfinity’s lead in Italy’s corporate PPA market.
Enfinity signs PPAs for 420 MW of solar PV with a major U.S. tech firm.
Brings Italy-contracted PPA total to 805 MW over past two years.
Company manages 35.5 GW globally, with 37 GW more under negotiation.
Enfinity is now Italy’s top permitted independent power producer, per Elemens.
APG and ART back Pattern to meet surging clean energy demand in North America.
APG, ART, CPP Investments, and management close equity deal in Pattern.
Strengthens Pattern’s position to scale its 10 GW clean energy portfolio.
Investment aligns with Net Zero 2050 targets for APG and ART members.
Riverstone remains involved.
Japan’s energy giant signs historic U.S. LNG deals projected to inject $200B into the U.S. economy.
JERA signed 20-year LNG deals totaling up to 5.5 mtpa with NextDecade, Commonwealth LNG, Sempra, and Cheniere.
All cargoes will be FOB, allowing flexible global routing for JERA’s supply needs.
The contracts support $200B in U.S. GDP and 50,000 jobs annually over two decades.
Agreements aim to stabilize pricing and support Japan’s 2040s energy transition goals.
JERA now holds over 9 mtpa in U.S. long-term LNG contracts.
TotalEnergies partners with Mistral to scale AI across low-carbon and industrial energy systems.
Bryan Erman named Co-President and Head of M&A; Bill Lambert becomes CFO.
San Mateo promotes Brian Willey and Robert Macalik to EVP roles.
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