A big announcement
The almost headlines
In case you missed
Two new DC campuses (Armstrong & Haskell); 6.2 GW+ new energy paired with storage/efficiency funds.
$30M Energy Impact Fund; apprentice pipeline via electrical training ALLIANCE (1,700+ trainees; workforce doubling by 2030).
One Haskell site co-located with solar + BESS; emphasis on responsible, grid-positive growth.
Pre-engineered modular architectures to cut PUE, speed deployments.
Combines Vertiv distribution/cooling with Cat turbines/engines, on-site generation.
Enables BYO-power & cooling strategy, reducing grid dependence.
Clean, firm gas power at scale: Permian ~1 GW (FID early ’26, COD ’28); MISO 300 MW hub (Phase I ’27, COD ’29).
Strategic pact with Entropy to deploy post-combustion capture nationwide; strong cash ~$424M to fund site dev.
La Porte high-pressure testing advancing; non-cash impairment on oxy-combustion assets amid slower adoption.
Fuel for U.S. grid modernization, resilience, and utility services scale-up.
Pike (12k employees; 400+ utility customers) to expand T&D, renewables, telecom.
Management stays; founder retains board role; focus on long-term growth.
€5.1B all-stock deal to scale gas-to-power + Clean Firm Power across EU grids.
Portfolio: >14 GW (gas, biomass, batteries) + 5 GW dev pipeline; ~15 TWh/yr net output.
Expected to lift FCF/share, ROACE; brings forward positive power segment cash flow to 2027.
HALEU-TRISO fast reactor design validated at NCERC; commercial path accelerates.
Milestone de-risks physics ahead of high-temp tests for Ward250 reactor.
Targeting carbon-free power for industry, H₂, and AI; DOE partnership central.
Continental steps into Argentina’s shale patch as Pluspetrol cedes 90% stake.
Economy Minister Luis Caputo said Continental is buying Los Toldos II Oeste from Pluspetrol; Pluspetrol confirmed it will cede 90% of its position.
Move marks Continental’s entry into Vaca Muerta, as Argentina targets ~1 mb/d shale oil by decade’s end.
Portfolio tidy-up: exits a U.S. upstream position, recycles capital to priority growth.
Deal valued at $255 million.
Move aligns with Tokyo Gas’s strategy to streamline overseas E&P and focus investment on higher-priority energy growth areas.
Double-digit FCF/EPS CAGR at $70 Brent; lower capex, higher returns.
Capex $18–21B/yr, breakeven < $50 Brent; ROCE +3% points by 2030.
2–3% annual production growth; buybacks $10–20B/yr; new power for West Texas AI by 2027.
Adds Canadian heavy egress to U.S. Midwest & Gulf refineries by 2027.
Doubles generation footprint; expands C&I virtual power plant platform.
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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.