New LCP Delta report anchors an interactive agenda, driving candid conversations with independent researchers and regional visionaries LOS ALTOS, Calif.–(BUSINESS WIRE)–May. 28, 2026 Bidgely is bringing its global insights tour to London from 10-12 June, marking the next vital stop in its premier EmPOWER AI conference series. Part of an international tour spanning Toronto and […]
Category: Energy
EIG’s MidOcean Energy Announces $120m Investment from The Arab Energy Fund as Part of Equity Raise
WASHINGTON–(BUSINESS WIRE)–May. 20, 2026 MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced a $120 million equity investment from The Arab Energy Fund (‘’TAEF’’), a leading multilateral impact financial institution, as part of its current equity capital raise. This press release features multimedia. View the […]
Gradiant Announces Series E Financing at $2 Billion Valuation to Accelerate Expansion in AI Semiconductors and Industrial Water Infrastructure
New investment supports strategic M&A, next-generation R&D, and IPO readiness as Gradiant experiences record growth driven by AI infrastructure and advanced manufacturing BOSTON–(BUSINESS WIRE)–May. 18, 2026 Gradiant today announced the close of Series E financing, valuing the company at $2 billion. The financing was led by Safar Partners and Hostplus Superannuation Fund, with participation from […]
Nikkiso Signs Agreement With Maran Tankers Management to Provide Aftermarket Service Support
TEMECULA, Calif.–(BUSINESS WIRE)–May. 12, 2026 Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) has announced today that it has signed a long-term service agreement with oil tanker shipping firm Maran Tankers Management Inc. Under the five-year agreement, Nikkiso CE&IG will deliver comprehensive global aftermarket support for Maran Tankers’ high pressure pumps, including scheduled cold […]
Vedanta FY26 Profit Soars by 22% to $2.8 bn; Enters Demerger Phase
MUMBAI, India–(BUSINESS WIRE)–May. 11, 2026 India-based Vedanta Limited (BSE: 500295 & NSE: VEDL), a global leader in metals, oil & gas, critical minerals, power and technology, announced its results for the fourth quarter and full year ended 31 March 2026. It has delivered its best-ever financial performance, driven by structurally strong businesses and disciplined execution. […]
Esentia Announces Successful Pricing of 6.125% Senior Notes Due 2033 and 6.500% Senior Notes Due 2038
MEXICO CITY–(BUSINESS WIRE)–May. 08, 2026 Esentia Energy Development, S.A.B. de C.V. (“ESENTIA” or the “Company”), today announced the pricing of U.S.$1,000,000,000.00 aggregate principal amount of its 6.125% Senior Notes due 2033 (the “2033 Notes”) and U.S$1,000,000,000.00 aggregate principal amount of its 6.500% Senior Notes due 2038 (the “2038 Notes” and, together with the 2033 Notes, […]
EIG’s MidOcean Energy Announces Initial Equity Raise of $1.2 billion Versus $1.0 billion Cover
WASHINGTON–(BUSINESS WIRE)–Mar. 17, 2026 MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced an equity capital raise of more than $1.2 billion. This equity raise includes: a $500 million commitment from Idemitsu Kosan, a highly respected global energy company with a long-standing presence across the […]
EIG’s MidOcean Energy to Acquire Additional Gorgon LNG Interest from JERA; Parties Explore Strategic Alliance
Transaction increases MidOcean’s equity exposure to premier Australian LNG project Adds incremental uncontracted LNG volumes, enhancing portfolio optimization and marketing flexibility Planning future collaborations, exploring further transactions and opportunities with JERA across other assets globally with the aim of creating a future strategic alliance WASHINGTON–(BUSINESS WIRE)–Mar. 12, 2026 MidOcean Energy (“MidOcean”), a liquefied natural gas […]
Hydrostor and Baker Hughes Deepen Strategic Collaboration to Advance Reliable Resilient and Sustainable Power Systems
Collaboration includes an equity investment and up to 1.4 GW of power generation and compression technology orders for Hydrostor flagship projects DENVER & FLORENCE, Italy–(BUSINESS WIRE)–Jan. 28, 2026 Hydrostor, a leading global long duration energy storage (LDES) developer and operator, and Baker Hughes, an energy technology company, announced Wednesday a strategic technology solutions and equity […]
Joint Cross-industry Statement: Cement Industry Co-Processing Should Be More Widely Adopted for Global Sustainable Waste Management
LONDON–(BUSINESS WIRE)–Jan. 14, 2026 Leading industry organisations today issued a joint statement highlighting the substantial and positive contribution the cement industry can make to addressing the urgent global challenge of non-recyclable and non-reusable waste. The Global Cement and Concrete Association – GCCA; European Composites Industry Association (EuCIA); International Solid Waste Association – Africa; Mission Possible […]
EIG Acquires a 49.87% Stake in Transportadora de Gas del Perú (TgP)
WASHINGTON–(BUSINESS WIRE)–Dec. 20, 2025 EIG, through its managed investment vehicles, acquired a 49.87% equity stake in Transportadora de Gas del Perú S.A. (“TgP”) from Canada Pension Plan Investment Board today. TgP operates Peru’s principal natural gas and natural gas liquids pipelines under a long-term concession, supplying approximately 40% of the country’s power generation. “We are […]
Perma-Pipe International Holdings Inc. Announces Third Quarter 2025 Financial Results
Net sales of $61.1 million for the quarter and $155.8 million year-to-date. Income before income taxes of $10.9 million for the quarter and $21.1 million year-to-date. Diluted earnings per share of $0.77 for the quarter and $1.49 year-to-date. Backlog of $148.9 million at October 31, 2025, up from $138.1 million at January 31, 2025. THE […]












