Energy transition

Mitsubishi Power's State-of-the-Art M701JAC Gas Turbine Exceeds 8,000 Actual Operating Hours

Retrieved on: 
Tuesday, September 6, 2022
Hydrogen, MHI, Plant, Takasago, Solution, IPP, Carbon, Juniper J series, Achievement, Intelligence, Temperature, JAC, Mitsubishi Heavy Industries, WWE Performance Center, Energy transition, GTCC, Quality of life, Adoption, Mitsubishi Power Systems Europe, AOH, Mitsui, Economic development, Energy, Industry, Efficiency, Mitsui & Co., Renewable energy, Chonburi Province

TOKYO, Sept 6, 2022 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has achieved an accumulated 8,000 hours of actual operating hours (AOH) for its M701JAC gas turbine.

Key Points: 
  • TOKYO, Sept 6, 2022 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has achieved an accumulated 8,000 hours of actual operating hours (AOH) for its M701JAC gas turbine.
  • The subject gas turbine unit was installed for gas turbine combined cycle (GTCC) power generation system operated as part of a joint venture between Thailand's Gulf Energy Development Public Company Limited, one of the country's largest independent power producers (IPP), and Mitsui & Co., Ltd.
  • This achievement provides even more solid evidence of the reliability of JAC Series gas turbines.
  • Of these, 52 units are currently in commercial operation, with aggregate operating hours exceeding 1.7 million hours for the J Series as a whole.

Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at August 31, 2022

Retrieved on: 
Friday, September 2, 2022
NYSE, Renewable energy transition, Investment Company Act of 1940, Sale, Ownership, Brookfield Renewable Partners, Policy, Fund, Forward-looking statement, SEC, Investment, Energy, Plains All American Pipeline, KMF, Communication, Annual report, Energy transition, Security (finance), Financial adviser

The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.

Key Points: 
  • The mention of specific securities is not a recommendation or solicitation for any person to buy, sell or hold any particular security.
  • Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE.
  • The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities of Energy Companies and Infrastructure Companies.
  • Kayne Anderson undertakes no obligation to publicly update or revise any forward-looking statements made herein.

Amp Energy Secures Tax Equity and Debt Financing for $155M Community Solar Plus Storage Portfolio in Repeat Transactions with U.S. Bank and KeyBank

Retrieved on: 
Thursday, August 25, 2022
Partnership, Environmental finance, Renewable energy transition, Mountain Dew Amp, KeyBank, Ownership, DC, EVP, Carlyle, Investment, Community, ISO New England, Small business, Economic development, Knowledge, Climate change, Environment, Energy transition, Renewable energy, U.S. Bancorp, Amp

KeyBank led the construction and term debt, with U.S. Bank investing the tax equity for the portfolio, in the fourth transaction amongst the three parties since 2017.

Key Points: 
  • KeyBank led the construction and term debt, with U.S. Bank investing the tax equity for the portfolio, in the fourth transaction amongst the three parties since 2017.
  • Of the 13 projects that make up the portfolio, the majority will reach commercial operation this year, with the balance occurring in Q2, 2023.
  • "This latest round of financing into community solar transactions pushes Amp's total tax equity and debt raised past $500M over the last few years in the US community solar market," said Jared Donald, EVP and Head of Amp's US Operations.
  • "Being responsible stewards of the environment is important to U.S. Bank and we're committed to continued investments in solar."

Deloitte: Oil & Gas Industry Could Have Highest-Ever Cash Flows and Become Debt-Free, Primed to Accelerate the Energy Transition

Retrieved on: 
Thursday, August 25, 2022
Share repurchase, Deloitte, Technology, Consumer, Inflation, Tax, Carbon, Fortune 500, Policy, Energy Information Administration, Lead, End Use Energy Demand Centres, Energy transition, IRA, Investment, Multimedia, IRR, COVID-19, Congress, Industry, Environment, Global Warming Pollution Reduction Act of 2007, Worldwar: Striking the Balance, Hydrocarbon, Efficiency, Renewable energy, Fossil fuel, Oil, Natural gas, Accounting

Oil and gas producers could report highest-ever free cash flows, as much as $1.4 trillion, in 2022.

Key Points: 
  • Oil and gas producers could report highest-ever free cash flows, as much as $1.4 trillion, in 2022.
  • Oil & Gas Industry Could Have Highest-Ever Cash Flows and Become Debt-Free, Primed to Accelerate the Energy Transition
    Over the past ten years, the U.S. oil and gas industry has dealt with unprecedented cyclical changes.
  • ," examines how oil and gas companies can play a key role over the next decade in creating synergy between energy security and energy transition, while helping commercialize essential low-carbon technologies.
  • Amy Chronis , vice chair, U.S. Oil, Gas and Chemicals Leader, Deloitte LLP
    "Oil and gas companies are facing a readjustment in the broader energy market.

Priority Power Acquires Energy Procurement and Solar Development Business of Affordable Gas & Electric (AGE)

Retrieved on: 
Tuesday, August 23, 2022
Professional Services, Utilities, Oil, Gas, Alternative Energy, Energy, Consulting, Commerce, AGE, Trust, Carbon, The Electric Company, Solution, Chamber of commerce, Priority, Oaktree Capital Management, Goal, LLC, Acquisition, Industry, Energy transition, Chambers, Efficiency, Renewable energy

Priority Power Management, Inc. (Priority Power or the Company), a leader in energy optimization and infrastructure offering smart energy solutions and streamlined transitions to carbon neutrality, today announced that it successfully completed its acquisition of the energy procurement, consulting and solar development business of Affordable Gas & Electric Company, LLC (AGE).

Key Points: 
  • Priority Power Management, Inc. (Priority Power or the Company), a leader in energy optimization and infrastructure offering smart energy solutions and streamlined transitions to carbon neutrality, today announced that it successfully completed its acquisition of the energy procurement, consulting and solar development business of Affordable Gas & Electric Company, LLC (AGE).
  • This transaction further increases Priority Powers footprint in Midwest energy markets where Priority Power, through Satori Energy (acquired in 2021), is a leader in energy procurement and consulting.
  • The acquisition of AGEs solar development business further bolsters Priority Powers fast growing solar development business and its commitment to be leader in energy transition innovation.
  • The addition of AGEs business to Priority Powers industry leading energy procurement and consulting business reinforces our commitment to providing the premier suite of energy management solutions to our customers nationwide, said Brandon Schwertner, Chief Executive Officer of Priority Power.

Riverbend Energy Group Completes Sale of Non-Operated Portfolios

Retrieved on: 
Monday, August 22, 2022
Energy, Other Energy, Utilities, Oil, Gas, University, Delhi University, Fortune 500, Technology, Transition, IX, University of Texas at Austin, Sale, WEC Energy Group, Investment, Software as a service, MBA, VII, FTSE, Leadership, LLC, Acquisition, Energy transition, Oil, Renewable energy, Economics

Riverbend Energy Group (Riverbend), on behalf of certain of its affiliates and numerous institutional investors, announced today that it has completed the sale of its equity interests in Riverbend Oil & Gas VI, LLC, Riverbend Oil & Gas VI-B, LLC and Riverbend Oil & Gas VIII, LLC.

Key Points: 
  • Riverbend Energy Group (Riverbend), on behalf of certain of its affiliates and numerous institutional investors, announced today that it has completed the sale of its equity interests in Riverbend Oil & Gas VI, LLC, Riverbend Oil & Gas VI-B, LLC and Riverbend Oil & Gas VIII, LLC.
  • The close of this transaction marks the successful monetization for Riverbend of three of Riverbends five active traditional energy portfolios.
  • These hydrocarbon asset focused prospects are complimented by the growing energy transition opportunities that Riverbend is actively evaluating (Riverbend X).
  • Riverbend Energy Group also announced the addition of Ritu Sachdeva to augment the energy transition business.

Eaton Partners Acts as Placement Agent for HitecVision’s Energy Transition Strategy

Retrieved on: 
Tuesday, August 16, 2022
Wind, Miller Buckfire & Co., Securities and Futures Commission, SFC, FCA, NYSE, Fund, GLOBE, Growth, EUR, Investment, LLC, Security (finance), AUM, Broker-dealer, LLP, SF, SIPC, Company, Energy transition, Financial Conduct Authority, Article 8 of the European Convention on Human Rights, Partner, Renewable energy, Mail order, Financial services, Incorporated, Eaton Partners, Stifel

The New Energy Fund is HitecVisions first dedicated Energy Transition fund, and is defined as an Article 8 fund under the EUs SFDR framework.

Key Points: 
  • The New Energy Fund is HitecVisions first dedicated Energy Transition fund, and is defined as an Article 8 fund under the EUs SFDR framework.
  • Eaton Partners subsidiary Eaton Partners (UK) LLP is authorized and regulated by the Financial Conduct Authority (FCA).
  • Eaton Partners subsidiary Stifel Hong Kong Limited, doing business as Eaton Partners Hong Kong, is approved as a Type 1-licensed company under the Securities and Futures Commission (SFC) in Hong Kong.
  • Eaton Partners and the Eaton Partners logo are trademarks of Eaton Partners, LLC, a limited liability company.

EQM Indexes Launches Natural Resources Dividend Income Index

Retrieved on: 
Wednesday, August 10, 2022
Consulting, Banking, Professional Services, Finance, ETF, Natural Resources, Industry, CEO, ETP, Agriculture, Telephony, Income, Review, Exchange-traded product, Energy transition, Foreign tax credit, EQM, Exchange-traded fund, ADR, Mining, Security (finance), Financial adviser, Index

San Diego-based index development firm EQM Indexes LLC is launching a groundbreaking new index, the EQM Natural Resources Dividend Income Index (NDIVITR) , providing exposure to global public companies in natural resource and commodity-related industries generating high income supported by free cash flow.

Key Points: 
  • San Diego-based index development firm EQM Indexes LLC is launching a groundbreaking new index, the EQM Natural Resources Dividend Income Index (NDIVITR) , providing exposure to global public companies in natural resource and commodity-related industries generating high income supported by free cash flow.
  • Download the EQM Natural Resources Dividend Income whitepaper and review the fact sheet to learn more.
  • EQM Indexes LLC is a woman-owned firm dedicated to creating and supporting innovative indexes that track growth industries and emerging investment themes.
  • EQM Indexes LLC also assists firms on a fee basis to design and implement their index ideas.

TIGER INFRASTRUCTURE PARTNERS APPOINTS THREE NEW OPERATING PARTNERS

Retrieved on: 
Monday, August 8, 2022
Borneo, EOS, Carbon, United States federal executive departments, Multimedia, University of Nottingham, Port, United Kingdom, Remake, Port authority, Investment, Exxon, Holliday, Board, Bachelor of Science, NJ, Sustainability, South Carolina Ports Authority, Sharp, National Grid plc, Renewable and Sustainable Energy Institute, Operating partner, Energy Institute, Energy transition, Marks & Spencer, National Grid, State, Transport, University of Oxford, Private sector, Senior advisor, Cornell University, Columbia University, CCS, Policy, Puma Energy, Saint John's College, Ethanol, Coalition, University, Digital, Solution, Partner, NY, Economics, BA, Renewable energy, Management, Tiger, Trafigura, Engineering

NEW YORK and LONDON, Aug. 8, 2022 /PRNewswire/ -- Tiger Infrastructure Partners ("Tiger"), a pioneer in providing transformational growth capital to enable the creation of new infrastructure, today announced the appointment of three new Operating Partners.

Key Points: 
  • NEW YORK and LONDON, Aug. 8, 2022 /PRNewswire/ -- Tiger Infrastructure Partners ("Tiger"), a pioneer in providing transformational growth capital to enable the creation of new infrastructure, today announced the appointment of three new Operating Partners.
  • Tiger CEO Emil W. Henry, Jr., stated: "Our human capital is crucial to our hands-on value creation strategy.
  • We look to our Operating Partners to provide us an edge in evaluating and managing investments and I have no doubt that Steve, Christine and Graham will serve well this critical purpose."
  • Tiger Infrastructure Partners is a leading middle market investor focused on providing transformational growth capital to enable the infrastructure of tomorrow.

TIGER INFRASTRUCTURE PARTNERS APPOINTS THREE NEW OPERATING PARTNERS

Retrieved on: 
Monday, August 8, 2022
Borneo, EOS, Carbon, United States federal executive departments, University of Nottingham, Port, United Kingdom, Remake, Port authority, Investment, Exxon, Holliday, Board, Bachelor of Science, NJ, Sustainability, Virginia Port Authority, Sharp, National Grid plc, Renewable and Sustainable Energy Institute, Operating partner, Energy Institute, Energy transition, Marks & Spencer, National Grid, State, Transport, University of Oxford, Private sector, Senior advisor, Cornell University, Columbia University, CCS, Policy, Puma Energy, Saint John's College, Ethanol, Coalition, University, Digital, Solution, Partner, NY, Economics, BA, Renewable energy, Management, Tiger, Trafigura, Engineering

NEW YORK and LONDON, Aug. 8, 2022 /PRNewswire/ -- Tiger Infrastructure Partners ("Tiger"), a pioneer in providing transformational growth capital to enable the creation of new infrastructure, today announced the appointment of three new Operating Partners.

Key Points: 
  • NEW YORK and LONDON, Aug. 8, 2022 /PRNewswire/ -- Tiger Infrastructure Partners ("Tiger"), a pioneer in providing transformational growth capital to enable the creation of new infrastructure, today announced the appointment of three new Operating Partners.
  • Tiger CEO Emil W. Henry, Jr., stated: "Our human capital is crucial to our hands-on value creation strategy.
  • We look to our Operating Partners to provide us an edge in evaluating and managing investments and I have no doubt that Steve, Christine and Graham will serve well this critical purpose."
  • Tiger Infrastructure Partners is a leading middle market investor focused on providing transformational growth capital to enable the infrastructure of tomorrow.