Tokyo Gas

EIG’s MidOcean Energy Announces Strategic Investment from Mitsubishi Corporation

Retrieved on: 
Monday, April 1, 2024
Other Energy, Environment, Oil, Gas, Sustainability, Alternative Energy, Energy, Partnership, EIG, Mitsubishi Corporation, MidOcean Partners, Acquisition, Investment, Growth, Tokyo Gas, Renewable energy

MidOcean Energy (“MidOcean”), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced a strategic investment by Mitsubishi Corporation (“Mitsubishi Corp”).

Key Points: 
  • MidOcean Energy (“MidOcean”), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced a strategic investment by Mitsubishi Corporation (“Mitsubishi Corp”).
  • Mitsubishi Corp’s investment will accelerate MidOcean’s strategy to create a high quality, diversified, global ‘pure play’ integrated LNG company.
  • Mitsubishi Corp has been an active player in the LNG sector for over 50 years, with investments spanning 12 projects across eight countries.
  • De la Rey Venter, MidOcean Energy’s CEO, said: “We are thrilled to have Mitsubishi Corp join as an anchor investor in MidOcean Energy.

Foss & Company Partners with Tokyo Gas America and Clean Capital Partners on Cutting-edge Battery Energy Storage System

Retrieved on: 
Monday, February 12, 2024
Senior, Tokyo Gas, ERCOT, BESS, Commercial, Golden Joystick Awards, COD, CCP, Renewable energy

Longbow BESS, a standalone BESS project developed by Clean Capital Partners (CCP) with a capacity of 174 MW and 384 MWh, is poised to be a game-changer in the energy storage landscape.

Key Points: 
  • Longbow BESS, a standalone BESS project developed by Clean Capital Partners (CCP) with a capacity of 174 MW and 384 MWh, is poised to be a game-changer in the energy storage landscape.
  • "We are proud to contribute to the success of this innovative venture alongside Tokyo Gas America, Clean Capital Partners, and the entire Longbow BESS team."
  • "Along with Tokyo Gas, we are thrilled to have Foss & Company as the selected tax equity partner for the Longbow BESS project.
  • Their expertise and commitment to sustainable investment align seamlessly with our collective vision for this groundbreaking battery energy storage system," said Tiffany Elliott, CEO, Clean Capital Partners.

ARM Energy Holdings Announces Sale of Minority Interest in ARM Energy Services, ARM Energy Mexico to Tokyo Gas

Retrieved on: 
Monday, February 5, 2024
Professional Services, Other Energy, Oil, Gas, Energy, Finance, Banking, Growth, White & Case, Tokyo Gas, Marketing, White, ARM, LLP, Holland & Knight, Organization, Mizuho, Cryptocurrency

ARM Energy Holdings, LLC ("ARM" or “Company”), a leading infrastructure and energy marketing services firm committed to customer-centric solutions, today announced that Tokyo Gas America Ltd. (“Tokyo Gas America”), a wholly owned subsidiary of Tokyo Gas Co., Ltd. (“Tokyo Gas”) has acquired a minority equity interest in a newly-formed entity, ARM Energy Trading, LLC (“ARM Energy Trading”), which is comprised of ARM Energy Services and ARM Energy Mexico, one of the largest private North American physical natural gas marketers.

Key Points: 
  • ARM Energy Holdings, LLC ("ARM" or “Company”), a leading infrastructure and energy marketing services firm committed to customer-centric solutions, today announced that Tokyo Gas America Ltd. (“Tokyo Gas America”), a wholly owned subsidiary of Tokyo Gas Co., Ltd. (“Tokyo Gas”) has acquired a minority equity interest in a newly-formed entity, ARM Energy Trading, LLC (“ARM Energy Trading”), which is comprised of ARM Energy Services and ARM Energy Mexico, one of the largest private North American physical natural gas marketers.
  • “This transaction will enable ARM to continue to execute and grow our asset optimization and trading strategy while furthering our overall energy platform,” said Zach Lee, CEO of ARM Energy.
  • Intrepid Partners, LLC served as financial advisor, and Holland & Knight LLP acted as legal advisors to ARM Energy for this transaction.
  • Greenhill & Co. (Mizuho M&A) served as financial advisor, and White & Case LLP acted as legal advisors to Tokyo Gas America for this transaction.

Capital Product Partners L.P. Announces Transformative Transaction including the Acquisition of 11 Newbuild LNG Carriers for $3.1 billion, Renaming of the Partnership as “Capital New Energy Carriers L.P.” and Intention to Convert into a Corporation Focuse

Retrieved on: 
Monday, November 13, 2023
Umbrella, Amore, Sale, Acquisition, Date, Jera, Master limited partnership, CPLP, Full City, Calendar, Oliver Cromwell, BGT, Total, General partner, CMB, Weather, Sullivan & Cromwell, Stroke, Prospectus, Partnership, Ammonia, Mio, Assos, Life, Tokyo Gas, Policy, CO2, General partnership, Committee, Security (finance), Airline, Natural gas, Shipbuilding, LNG, New energy, Hyundai, Apostolos

ATHENS, Greece, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C. (the “General Partner”) providing for the acquisition of the following 11 newbuild LNG carriers (“LNG/C”) from Capital Maritime for a total acquisition price of $3,130.0 million:

Key Points: 
  • The charterer has the option to extend the charter for 36 months (+30/-30 days).
  • (5)  In November 2022, the company owning the LNG/C Assos, entered into a time charter agreement with Tokyo Gas for 10 years (+30/-30 days).
  • Available days per vessel for LNG/Cs Assos and Apostolos are adjusted for one special survey per vessel.
  • The vessels will be purchased through the acquisition of 100% of the equity interests in the applicable vessel-owning company.

$800m investment to accelerate Octopus Energy’s global clean energy growth

Retrieved on: 
Monday, December 18, 2023
Environment, Other Energy, Environmental Health, Utilities, Oil, Gas, Alternative Energy, Sustainability, Green Technology, Energy, Kraken, Holiday, Generation Investment Management, E.ON, Octopus Energy, Tokyo Gas, Acquisition, CPP Investment Board, Lloyds Bank, Multimedia, Consultant, Investment, Domestic, Wind, EDF, Origin Energy, TIME, WEC Energy Group, Digital, British Gas, Good Energy, Partnership, Obsession, Growth, Electricity, NPS, CPP, Trustpilot, News, COP, Cryptocurrency, Renewable energy, Film industry, Octopus

Octopus Energy Group, the UK’s largest power supplier* and the owner of the Kraken technology platform, announces $800m (£625m) additional investment from its existing shareholders.

Key Points: 
  • Octopus Energy Group, the UK’s largest power supplier* and the owner of the Kraken technology platform, announces $800m (£625m) additional investment from its existing shareholders.
  • Recommended” an unprecedented 6 years in a row and according to consultants Bain**, Octopus Energy is rated 44 points higher than the next best company.
  • Through our partnership with Octopus Energy, we aim to provide our customers with services using the latest technology and clean energy.
  • Octopus Energy Group’s Kraken technology platform has seen astounding success, from 17 million accounts two years ago, to over 52 million today.

Mitsubishi Corporation: Participation of Sempra Infrastructure to the Detailed Study regarding the Introduction of e-methane to Japan Utilizing Cameron LNG Terminal

Retrieved on: 
Wednesday, August 30, 2023
Senior, Use of Free and Open-Source Software (FOSS) in the U.S. Department of Defense, Toho Gas, Policy, Cameron, Recycling, Carbon, Mitsubishi Corporation, Ministry, Osaka Gas, Corporation, Ministry of Economy, Trade and Industry, U.S. Department of Energy, Office of Inspector General, CO2, Natural gas, Tokyo Gas, Sempra

The consortium is comprised of three of the leading gas utilities in Japan and Mitsubishi Corporation which have been conducting preliminary feasibility work on the project since 2022.

Key Points: 
  • The consortium is comprised of three of the leading gas utilities in Japan and Mitsubishi Corporation which have been conducting preliminary feasibility work on the project since 2022.
  • With the addition of Sempra Infrastructure, the companies seek to advance the energy transition through the global market of liquified e-methane.
  • "Sempra Infrastructure is excited to bring its essential infrastructure development experience to this collaboration with Tokyo Gas, Osaka Gas, Toho Gas and Mitsubishi Corporation.
  • The proposed project is anticipated to produce 130,000 tonnes of e-methane per year that would be liquified to become liquified e-methane at the Cameron LNG terminal in Southwest Louisiana and exported to Japan.

Launch of Demonstration Experiment for CO2 Capture from Waste-to-Energy Plant Flue Gas for Use in Methanation

Retrieved on: 
Friday, July 28, 2023
Tsurumi, Hydrogen, Methanation, Carbon dioxide, Sewage, CCU, Tokyo Gas, City, MHI, Waste-to-energy plant, Water, Biophysical environment, Methane, CH4, Chemical engineering, Waste-to-energy, CO2, Natural gas, Landfill

The City of Yokohama and Tokyo Gas together with MHI and MHIEC (MHI Group), based on an agreement(3) and memorandum of understanding(4) concluded in 2022, have been making preparations for the demonstration experiment.

Key Points: 
  • The City of Yokohama and Tokyo Gas together with MHI and MHIEC (MHI Group), based on an agreement(3) and memorandum of understanding(4) concluded in 2022, have been making preparations for the demonstration experiment.
  • This CCU demonstration initiative, in which CO2 that has been separated and captured from the flue gas of a waste-to-energy plant is transported to a different demand location for use in methanation, is the first of its kind in Japan.
  • (1) Carbon capture and utilization (CCU) is the process of capturing carbon dioxide (CO2) to be used for a specific purpose.
  • (2) Methanation is a technology to produce methane (CH4), the main component of city gas, through the reaction of carbon dioxide (CO2) and hydrogen (H2).

EQS-News: Enapter AG supports Tokyo Gas in implementing Japan’s hydrogen strategy transition

Retrieved on: 
Wednesday, July 19, 2023
Hydrogen, AEM, Inabata & Co., Ltd., Electrolysis, Electrolysed water, Tokyo Gas, Investment, Natural gas, ISIN, DRY, Coal

Enapter supplies 30 AEM Electrolysers EL 2.1 to Tokyo Gas, Japan’s largest natural gas utility and one of Asia's largest energy suppliers.

Key Points: 
  • Enapter supplies 30 AEM Electrolysers EL 2.1 to Tokyo Gas, Japan’s largest natural gas utility and one of Asia's largest energy suppliers.
  • With Enapter’s devices, Tokyo Gas produces hydrogen for Asia’s first commercial hydrogen refueling station that uses AEM electrolysis.
  • Berlin (19 July 2023); Enapter AG (ISIN:DE000A255G02) has delivered 30 AEM EL 2.1 electrolysers and 15 DRY 2.1 dryers for a hydrogen refuelling station in Tokyo, Japan, as part of a cooperation with the Japanese gas company Tokyo Gas.
  • Beyond the current project, it is planned to explore the potential use of hydrogen together with Tokyo Gas and to implement further hydrogen projects in Japan.

Global Thermostat unveils one of the world's largest units for removing carbon dioxide directly from air

Retrieved on: 
Tuesday, April 4, 2023
CHIPS, Workforce, U.S. Department of Energy, Office of Inspector General, U.S. Department of Defense Strategy for Operating in Cyberspace, Atmosphere, Thermostat, Direct air capture, Climate change, Research, Temperature, Technology Center, Carbon, DOE, Science, European Chips Act, NGO, Intergovernmental Panel on Climate Change, Congress, Tokyo Gas, Inflation, Regeneration, U.N, Enphase Energy, Investment, Engineering, CHIPS and Science Act, Climate, Inflation Reduction Act of 2022, Ecosystem, Policy, House, Engagement, Renewable energy, Private investigator, Recycling, Instrumentation, Heating, ventilation, and air conditioning

COMMERCE CITY, Colo., April 4, 2023 /PRNewswire/ -- Global Thermostat, a pioneer of carbon removal technology to address climate change, today unveiled one of the largest Direct Air Capture machines ever operated. The unit has been capturing carbon dioxide from the atmosphere since the end of 2022 with a capacity of over 1,000 tons a year, the threshold to qualify for a tax credit under the U.S. Inflation Reduction Act, and is the first of many planned.

Key Points: 
  • "We are thrilled to have the addition of Global Thermostat's headquarters and new Direct Air Capture plant joining this growing industry in Colorado.
  • Founded in 2010, Global Thermostat is the most advanced U.S-based Direct Air Capture technology company.
  • "Global Thermostat is poised to lead this fight by deploying our best-in-class Direct Air Capture technology to provide both carbon removal and air-based carbon for valuable products we use across our economy."
  • The capture capacity of the new Global Thermostat unit is the largest in the United States, and one of the largest in the world.

Brookfield and EIG Consortium Sign Binding Agreement to Acquire Origin Energy

Retrieved on: 
Monday, March 27, 2023
BEPC, Natural gas, ConocoPhillips, Reliance Industries, ORG, Retirement, Acquisition, Brookfield Renewable Partners, UBS, Foreign Investment Review Board, NYSE, Chair, National Electricity Market, Consortium, GW, Australian Competition & Consumer Commission, BEP, Competition, Tokyo Gas, Australian Energy Market Operator, Origin Energy, VWAP, Energy market, TSX, Australian Competition and Consumer Commission v Baxter Healthcare Pty Ltd, EIG, J. P. Morgan, MUFG, Carbon, Citigroup, Transition, Scheme, ACCC, GIC, MidOcean Partners, ASX, Brookfield (corporation), NEM, FIRB, Renewable energy, Petroleum, Asset management, Security (finance), Financial services, Cryptocurrency, Pharmaceutical industry, Holding company, Health insurance, Origin, Temasek, LNG

SYDNEY, Australia and TORONTO and WASHINGTON D.C., March 27, 2023 (GLOBE NEWSWIRE) -- A consortium comprised of Brookfield Renewable Partners (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners and global institutional investors GIC and Temasek (“Brookfield”), and MidOcean Energy (“MidOcean”), an LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has entered into a Scheme Implementation Deed with Origin Energy Limited (“Origin” or “the company”) (ASX: ORG) to acquire 100% of the company’s shares (“Scheme").

Key Points: 
  • MidOcean Energy is an EIG-formed ‘pure-play’ LNG company that will acquire Origin’s Integrated Gas business, which includes the interest in APLNG.
  • Upon closing of the transaction, Brookfield, its institutional partners and investors will own Origin’s Energy Markets business, Australia’s largest integrated power generator and energy retailer.
  • EIG is among the largest specialist investors in energy and infrastructure globally and has had an established presence in Australia since 2000.
  • Brookfield and EIG view Origin as critical to Australia’s energy transition and energy security.