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PE loves power

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

  • NEW Sunya Stories - Unpacking SPACs with Adrejka Bernatova and Nader Daylami

  • In case you missed

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