The almost headlines
In case you missed
Funding supports first Kaleidos test at INL and construction of 50-reactor annual production facility.
Total funding raised: $225M; round led by DCVC with participation from StepStone, Giant Ventures, and others
Kaleidos microreactor targets off-grid, military, and disaster-response use cases
DOE selected Radiant for HALEU fuel supply; test slated for 2026
Loan from Kennedy Lewis backs behind-the-meter and low-carbon power deployment in TX and WY.
Turbines to power Frontier’s distributed energy and CCS platforms
Strategic advisor Jonathan E. Long (ex-Entergy) joins board
Deal supported by Tailwater Capital and advised by PEI Global Partners
New electrolyzer to supply Schwechat refinery with 23,000 t/year of green H₂ by 2027.
Adds to OMV’s existing 10 MW electrolyzer (largest in Austria)
ReOil tech turns hard-to-recycle plastics into virgin-grade circular feedstocks
Project aligns with OMV’s 2050 net-zero and circularity targets
Plant will be powered by wind, solar, and hydro
Lake Charles LNG FID still pending; marks Kyushu’s first long-term U.S. LNG deal.
Free-on-board, Henry Hub–linked pricing
Lake Charles facility tied into Energy Transfer’s 130,000-mile pipeline network
Deal contingent on FID; expands JERA’s portfolio with long-term Henry Hub–linked supply.
JERA is Japan’s largest power generator and a key global LNG buyer
Rio Grande LNG capacity to reach ~48 mtpa; includes CCUS component
FID to be based on EPC and financing agreements
140,000 MMBtu/day IPM agreement to support Sabine Pass Liquefaction Expansion Project.
LNG pricing tied to Platts JKM benchmark
Agreement contingent on FID for SPL Expansion (~20 MTPA capacity)
Cheniere to market ~0.85 MTPA of LNG from the deal
Cheniere operates 46 MTPA of LNG capacity with 8 MTPA more under construction
San Mateo’s total gas processing capacity now 720 MMcf/d across Eddy and Lea counties.
Fitch upgrade reflects strong balance sheet, positive cash flow
Borrowing base reaffirmed at $3.25B; $2.25B elected commitment
$1.8B in liquidity ahead of June 12 shareholder meeting
Proceeds to repay revolver; offering under Rule 144A / Reg S.
Focused on Permian and DJ Basins
Part of strategic capital structure optimization
Kochar to oversee APA’s capital structure, treasury ops, and banking strategies.
Deal positions Zeo to expand into long-duration storage and utility-scale clean energy.
Merger expected to close Q3 2025; Heliogen stockholders to receive $10M in Zeo Class A shares
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