PLUS: CPP to invest $1bn into AlphaGen, Fermi prices, Targa's new project, Berkshire buys OxyChem, Unit sells drilling to Cactus, Black Bayou hub advances
Oct 2, 2025
A big announcement
CPP Investments to invest $1.0B in ArcLight’s AlphaGen
Madison buys NextEra’s DG platform; approaches ~1 GW operating base
Hitachi Energy × Grid United advance North Plains Connector HVDC
Fermi America prices IPO at $21/share (ticker: FRMI)
Targa unveils Speedway NGL pipeline + Permian build-out
Black Bayou Energy Hub: FERC certificate secured; $50M Mercuria facility; advancing to FID
Berkshire Hathaway to acquire OxyChem for $9.7B cash
Unit Corporation sells contract drilling arm to Cactus Drilling for $120M cash
The almost headlines
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