The almost headlines
In case you missed
AI-driven demand shifting aims to prevent grid strain and new plant builds.
Partnering with TVA and Indiana Michigan Power to deploy flexible ML workloads.
Demonstrated success in reducing load with Omaha Public Power; ongoing pilots with Centrica and Taiwan Power.
Flexible data center demand seen as key to grid stability amid rising AI power consumption.
TRG plans to expand its Houston campus by 24 MW and enter new U.S. markets, backed by Tallvine’s infrastructure capital.
TRG operates a fault-tolerant Houston facility with 100% uptime since 2018 and over 150 customers.
The acquisition supports TRG’s growth in AI and enterprise workloads across Texas and beyond.
Tallvine aims to scale TRG into a leading digital infra platform; expansion targets include high-density, AI-optimized builds.
First buildings in South Carolina, Wyoming, and Alabama cut embodied carbon by ~41%.
Mass timber reduces reliance on high-carbon steel/concrete and shortens build timelines.
Meta prioritizes climate-smart forestry, biophilic design, and third-party sourcing audits.
Pilot projects aim to prove scalability of low-carbon, bio-based construction for hyperscale builds.
The capital supports Greenvolt’s push into utility-scale battery storage across Europe.
€150M capital injection comes in two tranches, strengthening Greenvolt’s BESS pipeline (4.3 GW across 9 countries).
First phase (€100M) closes in August; second (€50M) by September 30.
KKR backs Greenvolt’s leadership in biomass, solar, and distributed generation across 20 markets.
Venture Global’s first LNG facility now permitted for 12.4 mtpa peak capacity.
Calcasieu Pass began LNG production in 2022 and commercial ops in April 2025.
Plaquemines and CP2 projects progressing; CP2 site work underway after DOE & FERC approvals.
Venture Global is developing over 100 mtpa of LNG export capacity with CCS integration at each site.
Presidio aims to offer a 13.5% dividend yield and $1.35/share payout post-merger.
Transaction implies ~$660M enterprise value; public ticker will be “FTW.”
Production: 26 Mboe/d with 78% hedged through 2027 and 8% base decline.
$970M in committed capital supports dividend-focused model targeting mature assets.
Production, buybacks, and dividend payments drive $691M shareholder return for the quarter.
Oil production averaged 495.7 MBO/d; net income was $699M ($2.38/share), adj. EPS at $2.67.
Repurchased 3M shares for $398M and increased buyback authorization to $8B.
Cut 2025 capex guidance by $500M to $3.4–$3.6B; lowered LOE to $5.26/BOE.
Adjusted EBITDA reached $4.6B (+7% YoY); Guidance and $30B+ project backlog reaffirmed.
Reported GAAP earnings of $2.2B ($1.00/share), with DCF steady at $2.9B.
Sanctioned the 600 MW Clear Fork Solar project (backed by Meta) and Aitken Creek gas storage expansion.
Pipeline investments include Traverse (1.75 ➝ 2.5 Bcf/d), Line 31, Matterhorn Express stake, and the $0.7B Westcoast JV with Indigenous partners.
Renewables EBITDA up 56% YoY; 1.9 GW brought online, with 3.2 GW targeted for 2025.
Signed/awarded 1.6 GW of PPAs (all with data center customers); backlog at 12 GW, with 5.2 GW under construction.
Q2 production and cash flow outpaced expectations as Coterra raised its full-year natural gas outlook and cut capex.
Q2 production totaled 783.9 MBoepd; FCF reached $329M with 58% returned to shareholders.
Two new BESS projects mark Energy Vault’s first major utility deal in the Eastern U.S.
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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.