Kimbell Royalty Partners Acquires $147M of Permian Royalties From Mesa Royalties
Kimbell Royalty Partners agreed to acquire mineral and royalty interests in the Permian Basin from Mesa Royalties for approximately $147 million, covering 711 net royalty acres across the Delaware and Midland basins. The deal includes interests tied to over 2,300 producing wells and is expected to close in Q2 2026, with 70% of consideration paid in equity. The acquisition expands Kimbell’s exposure to major operators and boosts its portfolio to over 135,000 gross wells.
Industry Leaders Commit $239M to Hydrogen-Powered Aviation Alliance
Airbus, Bristol Airport, easyJet and Rolls‑Royce have pledged a combined £188 million (≈$239 million) to the Hydrogen in Aviation Alliance (HIA) to fund R&D for hydrogen‑powered regional flights in the UK through 2028. The investment, announced on 19 May 2026, aims to accelerate fuel‑cell...
OCI Energy Secures Construction Financing From ING for 120 MW Alamo City Battery Storage Project
OCI Energy’s 120 MW Alamo City Battery Energy Storage System in Bexar County, Texas, has broken ground, with ING providing construction financing. The project, owned by OCI Energy and operated by CPS Energy, will deliver 480 MWh of storage capacity to support...
HSBC Launches $4 Billion Sustainability and Transition Credit Facility for Chinese Clean‑tech Firms
HSBC announced a US$4 billion Sustainability and Transition Credit Facility to provide financing to mainland Chinese companies in clean power, data centres, electric vehicles and AI. The facility offers extended credit terms, streamlined approvals and tailored solutions to help eligible firms...
OX2 Secures Financial Close for Muswellbrook Solar Farm and Battery Project
Swedish renewable developer OX2 announced the financial close of its 135 MW solar farm and 100 MW battery project at the former Muswellbrook coal mine in New South Wales. The project, which includes a power purchase agreement with Amazon for part of...
Eco Atlantic to Acquire JHI Associates, Securing 35% Stake in Falklands PL001 License
Eco (Atlantic) Oil & Gas announced the acquisition of JHI Associates, pending regulatory approvals from the Falkland Islands Government, TSX Venture Exchange and AIM. The deal will give Eco a 35% participating interest in the PL001 offshore license and potential...
Energy Vault Acquires 850MW Battery Energy Storage Portfolio in Japan
Energy Vault Holdings, Inc. announced a binding agreement to acquire an 850 MW battery energy storage system portfolio from a leading Japanese developer, including a local team and 350 MW of advanced‑stage projects slated for construction in 2027. The acquisition gives Energy...
NextEra Energy to Acquire Dominion Energy in All‑stock Deal
NextEra Energy announced it will acquire Dominion Energy in an all‑stock transaction, giving NextEra shareholders 74.5% of the combined company and Dominion investors 25.5%. The merger will create the world’s largest regulated electric utility and position the combined firm as...
Enervest Acquires 300 MW Northern Border Battery Project
Australian energy storage developer Enervest announced it has acquired the shovel‑ready 300 MW Northern Border Battery project in New South Wales from an undisclosed Sydney‑based developer. The acquisition adds a strategic four‑hour storage asset to Enervest’s portfolio, with construction slated to...
Arcadia Acquires Engie Impact
Arcadia announced the acquisition of Engie Impact, the energy services unit of French utility Engie. The deal expands Arcadia’s capabilities into the application layer of energy data management, marking a shift from its community solar roots. Deal terms were not...
Fedgroup Secures $26.3M Funding From IDC to Accelerate Renewable Energy Projects
Fedgroup has secured R500 million (≈$26.3 M) from the Industrial Development Corporation to launch its Fedgroup Renewables Capital fund, targeting renewable‑energy and infrastructure assets for industrial clients such as Coega Steels and Mondi. The capital will support large‑scale energy‑transition projects, including a...
Rising Universe Shipping Acquires LNG Carrier Methane Rita Andrea From GasLog for $30M
Chinese-linked Rising Universe Shipping, managed by Dongtinghu Shipping, has purchased the 145,000 cu m LNG carrier Methane Rita Andrea from GasLog for around $30 million. The vessel, built in 2006, has been renamed Grand Reach and now sails under the Hong Kong flag....
Lightrock Launches $500M Accelerate7 Fund Backed by Shell, TotalEnergies, Equinor, LGT
London‑based Lightrock announced the launch of its $500 million Accelerate7 fund, targeting clean energy, electric mobility and energy storage startups in South Asia, Southeast Asia and Sub‑Saharan Africa. The fund will make investments of $10‑$50 million and is backed by corporate investors...
Inox Clean Acquires Boviet Solar's U.S. PV Manufacturing Assets for $750M
Inox Clean Energy Ltd, via its subsidiary Inox Solar Americas, LLC, announced the acquisition of Boviet Solar's North Carolina solar module manufacturing assets, adding 3 GW of TOPCon capacity. The transaction, valued at about $750 million, also includes a binding agreement for...
Ontario Government and Bruce Power Strike $300M Cost‑sharing Deal for World’s Largest Nuclear Plant
The Ontario government announced a cost‑sharing agreement with local utility Bruce Power worth roughly CAD $300 million (≈ $222 million USD) to add a new nuclear facility at the Bruce Power site in Kincardine. The project will add 4,800 MW of capacity, potentially making...
CIM Group's Permanent Power Co. Secures $400M Financing From HPS Investment Partners
CIM Group announced the launch of Permanent Power Co., a national platform to develop rural solar projects. The new company secured $400 million in financing from HPS Investment Partners to advance its Grape and Daylight solar projects. The funding will accelerate...
Arava Power Acquires 50% Stake in OCI Energy’s 670 MW La Salle Solar Project
Israeli independent power producer Arava Power announced it has acquired a 50% interest in OCI Energy’s 670 MW La Salle Solar project in Texas, slated for commercial operation in 2028. The transaction, executed under a Membership Interest Purchase Agreement, expands both companies’...
Teekay Tankers Acquires Two Korean‑built Suezmax Vessels for $190 Million
US‑listed Teekay Tankers announced it has agreed to purchase two Korean‑built suezmax resale newbuildings for a combined $190 million, with deliveries expected in 2027. The acquisition expands its mid‑size crude carrier fleet as part of its fleet renewal strategy.
$901M Financing Secured for Texas Solar and Battery Storage Portfolio Supporting ERCOT Demand Growth
Sunraycer Renewables secured a $901 million project financing package from a consortium of lenders led by MUFG Bank, Ally Bank, Nomura Securities International, Nord/LB, and Société Générale. The funds, comprising a construction‑to‑term loan, tax‑credit bridge loan, and letter‑of‑credit facility, will support three...
Boralex Confirms Going‑private Deal with Brookfield Infrastructure Fund V and La Caisse
Boralex announced a going‑private transaction with Brookfield Infrastructure Fund V and La Caisse, aiming to take the renewable energy developer private. The deal is slated to close in Q4 2026 pending approvals, with no financial terms disclosed.
General Fusion to Go Public via $1B SPAC Merger with Spring Valley Acquisition Corp
General Fusion announced a merger with SPAC Spring Valley Acquisition Corp in a $1 billion deal to list on Nasdaq, securing $100 million of pipe capital to fund its Lawson Machine 26 fusion prototype. The transaction, slated for mid‑2026, aims to provide...
Crux Secures $500M Debt Financing Facility From Nuveen Energy Infrastructure Credit
Finance‑technology firm Crux announced it has closed a $500 million debt financing facility with Nuveen Energy Infrastructure Credit to fund clean‑energy tax‑equity investments. The facility will support hybrid tax‑equity structures, including a $340 million investment in a 413‑MW solar project in Texas....
Fervo Energy to Raise $1.8B in IPO, Targeting $7.4B Valuation
Geothermal power company Fervo Energy is set to debut on Nasdaq under ticker FRVO, aiming to raise about $1.8 billion by selling up to 70 million shares at $25‑$26 each. The offering would value the firm at roughly $7.4 billion and is backed...
Nextpower Acquires Zigor Inverter Product Line for $80.5M
Solar tracker maker Nextpower announced it will acquire the inverter product line of Spanish power conversion firm Zigor, along with its subsidiary Apex Power, for $80.5 million, pending international trade approvals. The acquisition expands Nextpower’s portfolio into solar inverters, storage and...
Housing Unlimited Secures Zero‑Down Financing From RE‑volv and Montgomery County Green Bank for 273 kW Solar Project
Maryland nonprofit Housing Unlimited announced a partnership with RE‑volv and the Montgomery County Green Bank to finance a 273 kW solar installation across more than 40 homes. The zero‑down financing model lets the nonprofit pay for the energy generated at rates...
Bp Takes 40% Stake in Uzbekistan’s North Ustyurt PSA
bp has acquired a 40% participating interest in the North Ustyurt production sharing agreement in Uzbekistan, buying 20% stakes each from SOCAR and Uzbekneftegaz. The agreements were signed in Tashkent during the Oil and Gas of Uzbekistan Conference 2026, giving...
Trafigura to Acquire $163M Hengli‑Built VLCC From Alimia Group
Commodity trader Trafigura has agreed to purchase a new 306,000‑dwt VLCC under construction at China's Hengli Shipbuilding for $163 million. The vessel, slated for delivery in September 2026, was originally contracted by Greek shipowner Alimia Group, controlled by Thanassis Laskaridis. The...
Squadron Energy Sells 75% Stake in Windlab to Federation Asset Management
Squadron Energy announced the sale of its 75% stake in Windlab to Federation Asset Management, completing the transaction last week. The deal, disclosed in a statement, does not disclose the financial terms.
Ford and CATL Announce $3 Billion Joint Battery Plant Venture
Ford Motor Co. and Chinese battery maker CATL have announced a $3 billion joint venture to build a new battery plant at Ford’s BlueOval facility in Marshall, Michigan. The partnership marks a rare Chinese investment in a U.S. automotive factory and...
Natrinai Ventures Commissions 75 MW Substation in Tamil Nadu Ahead of $16 M IPO
Natrinai Ventures, operating under the NGE Green Energy brand, commissioned a 75 MW substation in Tamil Nadu and announced a $16 M initial public offering on the SME platform. The proceeds will fund capacity expansion, working capital and energy‑storage projects. The company currently...
Blackstone and Halliburton Invest $1bn in VoltaGrid
Blackstone and Halliburton announced a $1bn investment in VoltaGrid to accelerate deployment of its behind‑the‑meter power generation solutions for data centers, microgrids, and industrial applications. The funding will support VoltaGrid's growth in the energy market. The deal was announced on...
Hexicon Acquires Remaining 50% Stake in Mareld Green Energy
Hexicon announced it will acquire the remaining 50% stake in Mareld Green Energy from Mainstream Renewable Power, making Hexicon the sole owner of the Mareld offshore wind project in Sweden. The transaction includes a nominal upfront payment of SEK 1 and...
OneSubsea Completes Acquisition of Envirex Group's Subsea Business
OneSubsea, a joint venture of SLB, Aker Solutions and Subsea7, has completed the acquisition of the subsea business of Norway's Envirex Group. The deal expands OneSubsea's portfolio with next‑generation subsea technologies and enhances its global delivery capabilities.
Ovintiv Completes Acquisition of NuVista, Finalizing Portfolio Transformation
Ovintiv announced the completion of its acquisition of NuVista, funded with cash and equity, as part of a multi‑year portfolio transformation focusing on the Permian and Montney basins. The deal, closed in early 2026, was disclosed during the company's Q1...
FSD Africa Launches $40M Geothermal Risk Transfer Facility to De-Risk Kenyan Projects
FSD Africa has created a Geothermal Risk Transfer Facility backed by a $40 million capital pool, with participation from at least 14 insurance and reinsurance firms. The facility aims to provide insurance coverage for early-stage geothermal drilling in Kenya, reducing...
AESC Sells Tennessee Battery Gigafactory to Fixx Energy
Envision Energy, through its subsidiary AESC, has sold its Tennessee lithium‑ion gigafactory to US‑based Fixx Energy. The transaction, part of a wave of Chinese‑owned asset sales, signals a restructuring of the US clean‑energy manufacturing sector amid rising political and regulatory...
ABB Awards $180,000 in Corporate Funding to Six AI-Powered Energy Startups
ABB announced the winners of its 2026 Startup Challenge, awarding each of six AI-driven energy startups $30,000 in collaboration funding to develop MVPs over six months. The startups—Sesame Sustainability, MorphoAI, Bisly, eRoots Analytics, Forgis, and Faraday Predictive—will also receive mentorship...
Sentinel Midstream Secures $2.1B Government Funding for Texas GulfLink Deepwater Oil Terminal
Sentinel Midstream announced that the U.S. Commerce Department, under a Japan‑U.S. strategic investment agreement, will provide $2.1 billion to fund its Texas GulfLink deepwater oil‑export terminal in the Gulf of Mexico. The funding, backed by the U.S. and Japanese governments, aims...
Port of Riga Secures Over $770M in Investment for Wind Technology Production Hub
The Freeport of Riga Authority secured three international investors—SIA Latvijas atjaunojamās enerģijas projekti, UAB Eurostat 5, and Solidior Power Ltd.—who together committed over €700 million (≈$770 million) to develop wind‑technology production facilities at Kundziņšala. The agreements, signed between December 2025 and March 2026, include private...
Ontario Power Generation Secures $970M Loan From Canada Infrastructure Bank for Darlington SMR Project
Ontario Power Generation (OPG) has begun construction of the first small modular reactor at Darlington and secured a $970 million loan from the Canada Infrastructure Bank as part of a $3.97 billion financing package that also includes up to $2 billion from the...
Aspen Power Acquires Two New Jersey Rooftop Solar Projects From The Avidan Group
Aspen Power announced the acquisition of two operating rooftop solar projects totaling 6.44 MW from real‑estate developer The Avidan Group. The assets, located in New Jersey, have been operational for over a decade and will be managed by Aspen as a...
CEFC Commits $800M to TasNetworks' North West Transmission Project
The Clean Energy Finance Corporation (CEFC) announced an $800 million commitment from the Rewiring the Nation Fund to underwrite stage one of TasNetworks' North West Transmission Developments (NWTD) project in Tasmania, covering most of the $860 million cost. The financing aims to...
FH Capital to Acquire Majority Stake in JinkoSolar's US Subsidiary
FH Capital announced it will acquire a majority stake in the US subsidiary of solar panel maker JinkoSolar, while JinkoSolar will retain a minority stake. The transaction expands FH Capital's presence in the US solar market. Deal terms and valuation...
Reel Raises $17.6M in Series A to Improve Energy Transition Economics
Denmark-based renewable electricity supplier Reel announced a $17.6 million Series A round led by Future Energy Ventures, with participation from Transition VC, UVC Partners and The Footprint Firm. The funding will support Reel’s expansion from Denmark into Germany and further...
Aquatech Acquires FTS H2O to Boost Brine Concentration and Mineral Recovery
Aquatech announced the acquisition of FTS H2O, a provider of membrane-driven brine concentration and resource recovery technologies. The deal expands Aquatech's capabilities in energy‑efficient lithium processing, zero liquid discharge, and brine mining, with FTS H2O’s Oregon headquarters becoming Aquatech’s global...
Devon Energy Completes $58B Merger with Coterra Energy
Devon Energy and Coterra Energy closed a merger on May 7, 2026, creating a combined company with a $58 billion enterprise value and 1.6 million barrels of oil equivalent per day production. The undisclosed‑value deal makes the new entity the leading Delaware...
OCU Group Acquires Athena Professional Technical Services to Expand Grid and Renewables Capabilities
OCU Group announced the acquisition of Cumbria‑based Athena Professional Technical Services, a provider of power systems engineering and grid‑connection consultancy. The undisclosed‑value deal will broaden OCU’s footprint in grid infrastructure and renewable energy projects, enhancing its end‑to‑end service offering across...
Elements Green Acquires 300 MW Newarthill BESS Project From Geocore
Elements Green announced it has completed the acquisition of the 300 MW Newarthill battery energy storage system (BESS) project in Scotland from Geocore. The transmission‑connected asset, slated for energisation in October 2029, strengthens Elements Green’s UK storage pipeline. Deal terms were not...
NuScale Power Raises $37.9M via At-the-Market Share Offering
NuScale Power Corp sold 3.2 million Class A shares in an at‑the‑market offering, raising $37.9 million in gross proceeds, as disclosed in its Q1 2026 earnings call on May 7, 2026. The capital infusion bolsters the company's liquidity for commercialization and supply‑chain initiatives.
SVP Acquires New Frontera Holdings Power Generation Facility
SVP announced the acquisition of New Frontera Holdings, a power generation facility. The deal follows SVP's earlier investment in Frontera via a first lien term loan before the company's 2021 restructuring. Financial terms were not disclosed.