Tenaska

Copenhagen Infrastructure Partners and Tenaska to develop green hydrogen projects in the U.S.

Retrieved on: 
Thursday, October 26, 2023
Hydrogen, Ammonia, MMT, Methanol, Climate, Roadmap, Power, Transport, CIP, Tenaska, U.S. Department of Defense Strategy for Operating in Cyberspace, CI, Renewable energy

and COPENHAGEN, Denmark, Oct. 26, 2023 (GLOBE NEWSWIRE) -- As part of the agreement, Tenaska and CIP will develop greenfield gigawatt-scale green hydrogen projects, with the intent of serving local and global demand for green hydrogen, ammonia, methanol, sustainable aviation fuel and other clean fuels in key U.S. hydrogen markets.

Key Points: 
  • and COPENHAGEN, Denmark, Oct. 26, 2023 (GLOBE NEWSWIRE) -- As part of the agreement, Tenaska and CIP will develop greenfield gigawatt-scale green hydrogen projects, with the intent of serving local and global demand for green hydrogen, ammonia, methanol, sustainable aviation fuel and other clean fuels in key U.S. hydrogen markets.
  • The agreement will support the targets of the U.S. Department of Energy’s National Clean Hydrogen Strategy and Roadmap of reaching a production of 10 million metric tonnes (MMT) of clean hydrogen annually by 2030, 20 MMT annually by 2040, and 50 MMT annually by 2050.
  • Partner at CIP, Søren Toftgaard, said: “Green hydrogen and Power-to-X will be key to take the next big leap within decarbonization, and CI ETF I, as managed by CIP, is uniquely positioned to invest in this segment.
  • Tenaska looks forward to working with local and international consumers of hydrogen to create the right solutions for their clean energy needs and collaborating with CIP to deliver such hydrogen solutions and advance significant infrastructure projects throughout the U.S.”

Energy Tech Giant Kraken Demonstrates Unstoppable Momentum in the Energy Industry

Retrieved on: 
Thursday, September 28, 2023
Technology, Professional Services, Other Energy, Utilities, Green Technology, Data Analytics, Software, Artificial Intelligence, Alternative Energy, Environment, Energy, Cloud, Radar, Stiffness, EDF, Change the World, Internet of things, Electricity, Microsoft, Innovation, Tenaska, Flex, Machine learning, Growth, Apple, Principle of plenitude, Tesla, Octopus Energy, Frost, Renewable energy, Cryptocurrency, Kraken

Kraken , the only proven, end-to-end platform for future energy, demonstrates continued progress in establishing itself as the leading global operating system.

Key Points: 
  • Kraken , the only proven, end-to-end platform for future energy, demonstrates continued progress in establishing itself as the leading global operating system.
  • With advanced data and machine learning, Kraken offers utilities, suppliers and traders full management of the entire energy supply chain.
  • Devrim Celal, CEO of Kraken, Flexibility & Optimization, commented: “Our unwavering commitment is to bring cheaper, greener energy to all by providing transparency into energy usage among utilities, their customers, and distributed energy sources.
  • Maria Benintende, Industry Director, Energy & Environment Frost & Sullivan, commented: “In today’s era marked by an intensified focus on mitigating the climate crisis, energy is the world’s most dynamic industry in need of change.

Ascend Elements Raises $542 Million to Accelerate Production of U.S.-engineered Lithium-Ion Battery Materials

Retrieved on: 
Wednesday, September 6, 2023
Hydro, Version One Ventures, EV, Mirae Asset Financial Group, CMA, Metal, QIA, CAM, Venture round, BIL, Carbon, DOE, Goldman Sachs, NMC, PULSE, JV, The Writing on the Wall, Tenaska, Temasek, Investment, Qatar Investment Authority, Element, United States Department of Energy, Security (finance), Cryptocurrency, Lithium, Renewable energy, Series

WESTBOROUGH, Mass., Sept. 6, 2023 /PRNewswire/ -- Ascend Elements, a U.S.-based manufacturer of sustainable, engineered battery materials for electric vehicles, today announced it has raised $542 million in new equity investments, including $460 million in Series D investments and $82 million of additional investments from earlier this year. Ascend Elements' Series D round was led by Decarbonization Partners, Singapore-based investment firm Temasek, and Qatar Investment Authority (QIA). Other investors include Tenaska, Alliance Resource Partners, PULSE - CMA CGM Energy Fund, BHP Ventures, Fifth Wall, Hitachi Ventures, Mirae Asset, At One Ventures, Agave Partners, Alumni Ventures and other leading global investors.

Key Points: 
  • Ascend Elements' Series D round was led by Decarbonization Partners , Singapore-based investment firm Temasek , and Qatar Investment Authority (QIA).
  • The $542 million equity financing is one of the largest cleantech private placements in the United States of 2023.
  • Our sustainable lithium-ion battery materials will power EV batteries and accelerate the global transition to zero carbon emissions," said CEO Mike O'Kronley of Ascend Elements.
  • Several peer-reviewed studies have shown Ascend Elements' recycled battery materials perform as well as similar materials made from virgin (or mined) sources while reducing carbon emissions by up to 93%.

Energy Tech Giant Kraken Lands First US Licensing Deal With Energy Manager Tenaska Power Services

Retrieved on: 
Wednesday, June 7, 2023
Technology, Professional Services, Batteries, Utilities, Green Technology, Data Analytics, Software, Artificial Intelligence, Alternative Energy, Environment, Energy, Communication, Energy management, Electricity, Carbon, TPS, Wind, Natural gas, Weather, AI, Octopus Energy, News, CO2, Cryptocurrency, Renewable energy, Kraken, Tenaska

Kraken Technologies, one of the world’s fastest growing energy tech companies, has signed its first deal in the US with energy manager Tenaska Power Services (TPS).

Key Points: 
  • Kraken Technologies, one of the world’s fastest growing energy tech companies, has signed its first deal in the US with energy manager Tenaska Power Services (TPS).
  • This strategic collaboration will give TPS greater operational flexibility, enhance grid stability, and optimize its customers’ revenue streams in an increasingly dynamic energy landscape.
  • TPS is part of Tenaska, one of the largest natural gas and electric power marketing companies in North America.
  • TPS will leverage Kraken’s unique communication and data aggregation solutions to provide its best-in-class energy management services to a broader range of customers.”

Tenaska Marketing Ventures Announces Organizational Changes, Positioned For Ongoing Growth

Retrieved on: 
Thursday, March 30, 2023
Tenaska, Transport, Retirement, Culture, TMV, Natural gas, Management, Origination (telephony)

OMAHA, Neb., March 30, 2023 /PRNewswire/ -- Mark Whitt, President of Tenaska Marketing Ventures (TMV), the natural gas marketing affiliate of energy company Tenaska, today announced organizational changes designed to further enhance TMV's customer-centric culture and reputation as a top marketer in the natural gas industry. This new leadership structure will report to Whitt and is aligned with the retirement of Lori Bruck, Chief Marketing Officer, effective March 31.

Key Points: 
  • OMAHA, Neb., March 30, 2023 /PRNewswire/ -- Mark Whitt, President of Tenaska Marketing Ventures (TMV), the natural gas marketing affiliate of energy company Tenaska, today announced organizational changes designed to further enhance TMV's customer-centric culture and reputation as a top marketer in the natural gas industry.
  • This new leadership structure will report to Whitt and is aligned with the retirement of Lori Bruck, Chief Marketing Officer, effective March 31.
  • "I really look forward to watching the next generation of leaders continue to build upon TMV's strong foundation."
  • Bruck, who started with the company in 2000, served in several key leadership roles within TMV.

Chris Leitner Leads Tenaska as New Chief Executive Officer

Retrieved on: 
Wednesday, January 11, 2023
Business administration, Power, Master of Business Administration, Wind, University, Natural gas, Koch Industries, Strategic planning, Aquila, Inc., Knowledge, Carbon, Lincoln, University of Nebraska Medical Center, Investment, Leitner, University of Chicago Booth School of Business, Forbes List, Aquila, Renewable energy, Business, Management, Tenaska, Science

OMAHA, Neb., Jan. 11, 2023 /PRNewswire/ -- Leading independent energy company Tenaska has named Chris Leitner to lead the company as Chief Executive Officer. Jerry Crouse, who has served in that position since July 2010, is the company's new Board Chairman.

Key Points: 
  • OMAHA, Neb., Jan. 11, 2023 /PRNewswire/ -- Leading independent energy company Tenaska has named Chris Leitner to lead the company as Chief Executive Officer.
  • "Chris has proven to be a smart and strategic leader over the 20 years that he has worked for Tenaska," said Co-founder and Chairman Emeritus Howard Hawks.
  • In his most recent position, Leitner served as President of Tenaska Development and Tenaska Generation, where he was responsible for strategic planning, business development, asset management and project origination.
  • Leitner is the third executive to serve as Tenaska CEO since the company's inception in 1987.

Tenaska Announces Business Unit and Leadership Changes

Retrieved on: 
Tuesday, November 1, 2022
CEO, Knowledge, Market for corporate control, Ownership, Hochstein, Forbes, Wind, Farm, Carbon, Multimedia, Natural gas, Management, Renewable energy, Mergers and acquisitions, Tenaska

OMAHA, Neb., Nov. 1, 2022 /PRNewswire/ --On Tuesday, Tenaska announced business unit changes and the appointment of two business unit leaders. This follows a recent announcement that effective January 1, 2023, current Chairman Howard Hawks, who has held the Chairman role since the company was founded in 1987, is transitioning into a Chairman Emeritus role; current CEO and Vice Chairman Jerry Crouse will become Chairman and Chris Leitner, current President of Tenaska's Strategic Development and Acquisitions group will become Tenaska's third CEO.

Key Points: 
  • Ben Hochstein to Lead Newly Formed Tenaska Generation;
    OMAHA, Neb., Nov. 1, 2022 /PRNewswire/ --On Tuesday, Tenaska announced business unit changes and the appointment of two business unit leaders.
  • Effective November 1, 2022, Ben Hochstein will serve as President of the newly formed Tenaska Generation business unit and Joel Link will serve as President of the Tenaska Development business unit, formerly known as Tenaska Strategic Development and Acquisitions.
  • These business unit changes ensure we continue to stay on the cutting edge of industry trends," said Jerry Crouse, CEO and Vice Chairman.
  • Ben Hochstein was appointed President of the newly formed Tenaska Generation business unit.

Cleartrace Raises $20 Million Financing Led by ClearSky With Strategic Funding From Brookfield Renewable, EDF Energy North America, Tenaska, and Exelon to Help Companies Reach Decarbonization Goals

Retrieved on: 
Wednesday, June 29, 2022
Alternative Energy, Energy, Other Energy, BGE, TSX, Climate, Commonwealth Edison, Marketing, Forbes, Électricité de France, Brookfield Properties, Atlas, EXC, JPMorgan Chase, Bermuda, Transport, Pepco, BEP, Environmental, social and corporate governance, Compliance, PECO, ACE, NYSE, Natural gas, Organization, Risk management, Time, DPL, Pepco Holdings, Twitter, Acquisition, Baltimore Gas and Electric, CEO, Information economy, Carbon, ESG, EDF, Goal, Partnership, Technology, Iron Mountain, Nasdaq, Nextera, Iron, Leadership, Multimedia, Delmarva Power, Wind, Manhattan West, BEPC, EDF Energy, Economic development, PECO Energy Company, Brookfield Renewable Partners, Electricity, Renewable energy, ClearSkies™, Exelon, Tenaska

Cleartrace , a leading carbon and energy management software company, announced today a $20 million financing round led by ClearSky with strategic investment from Brookfield Renewable, EDF Energy North America, Tenaska, and Exelon.

Key Points: 
  • Cleartrace , a leading carbon and energy management software company, announced today a $20 million financing round led by ClearSky with strategic investment from Brookfield Renewable, EDF Energy North America, Tenaska, and Exelon.
  • Further, this level of data enables companies to prove when they have achieved their decarbonization goals and report on compliance with local environmental policies.
  • As part of the funding, ClearSky, Brookfield Renewable, EDF Energy North America, and Tenaska gain board representation.
  • Cleartrace illuminates previously unseen data for renewable energy buyers and suppliers, delivering 100% traceable and actionable hourly energy and carbon records.

Tenaska Marketing Ventures Completes Renewal of Borrowing Base, Committed Credit Facility for up to $2 Billion

Retrieved on: 
Tuesday, March 22, 2022
Company, Forbes, Marketing, ACB, The Wall Street Journal, Natural gas, BNP Paribas, MUFG Bank, Leadership, Wind, Retirement, Growth, Multimedia, Board, Sumitomo Mitsui Banking Corporation, Senior, History of the petroleum industry in Canada (natural gas liquids), TMV, Commercial bank, Wells Fargo, CoBank, Strategic planning, Solution, Acquisition, Management, Renewable energy, Online shopping, Oil, Tenaska

OMAHA, Neb., March 22, 2022 /PRNewswire/ -- Tenaska Marketing Ventures (TMV), the natural gas marketing affiliate of Tenaska, one of the nation's largest private, independent energy companies, announced today that it has completed the renewal and increase of its committed borrowing base facility that provides up to $2 billion for a four-year term maturing in March 2026.

Key Points: 
  • The credit facility, first established in 2006, will continue to be used to finance natural gas inventory transactions and provide essential liquidity support for TMV and its affiliates, Tenaska Marketing Canada and Tenaska Gas Storage (collectively TMV).
  • BNP Paribas, Coperatieve Rabobank U.A., New York Branch MUFG Bank, Ltd., Socit Gnrale, ING Capital LLC and Wells Fargo Bank, N.A.
  • Tenaska Marketing Ventures / Tenaska Marketing Canada / Tenaska Gas Storage (TMV) is an affiliate of Omaha, Nebraska-based energy company Tenaska.
  • Tenaska Marketing Ventures consistently ranks among the top five largest natural gas marketers in North America and is the top-ranked natural gas pipeline capacity trader.

Sol Systems Acquires 540 MW Illinois Solar Portfolio From Arevon Energy

Retrieved on: 
Tuesday, February 1, 2022
Growth, Sol, Natural gas, Sale, Wind, Solar energy, LLC, Partnership, School, GLOBE, Acquisition, Senior, Industry, University, Solution, Renewable energy, Tenaska

Washington, D.C., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Today, Washington, DC.-based Sol Systems, LLC, announced the acquisition of a 540-megawatt (MW) solar development portfolio in southeast Illinois from Arevon Energy.

Key Points: 
  • Washington, D.C., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Today, Washington, DC.-based Sol Systems, LLC, announced the acquisition of a 540-megawatt (MW) solar development portfolio in southeast Illinois from Arevon Energy.
  • The portfolio consists of three 180 MWdc solar energy projects located across Hamilton, Randolph, Saline, and White counties.
  • Sol Systems will own and operate the portfolio and will work with energy developer Tenaska to develop and construct the projects.
  • This acquisition begins Sol Systems significant expansion into utility-scale solar development in Illinois, said Patty Rollin, Senior Vice President of Utility-Scale Solar Development at Sol Systems.