MidOcean’s Strategic Investor, Aramco, to Provide Funding for Investment WASHINGTON–(BUSINESS WIRE)–Sep. 16, 2024 MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, and Hunt Oil Company (“Hunt”) announced today that they have entered into a definitive […]
Category: Energy
Hgen Raises $5M to Commercialize Higher Efficiency Electrolyzer
Hydrogen Startup Will Use Funds to Accelerate Commercialization of Alkaline Electrolyzers With 20x Higher Volumetric Power Density HAWTHORNE, Calif.–(BUSINESS WIRE)–Sep. 17, 2024 Hgen, a company that makes clean hydrogen to decarbonize heavy industry, today announced the close of a $5M seed financing round. The raise was led by Seven Seven Six, with participation from Founders Fund […]
BKV Corporation Announces Launch of Initial Public Offering
DENVER–(BUSINESS WIRE)–Sep. 16, 2024 BKV Corporation (“BKV”) today announced that it has launched the initial public offering of 15,000,000 shares of its common stock. The underwriters will have a 30-day option to purchase an additional 2,250,000 shares from BKV at the initial public offering price, less underwriting discounts and commissions. The initial public offering price […]
Black & Veatch to Identify Carbon Capture Opportunities in Vietnam
Global engineering, construction and consulting leader studying the adoption of carbon capture, utilization and storage (CCUS) technology in the Southeast Asia country HO CHI MINH, Vietnam–(BUSINESS WIRE)–Sep. 11, 2024 Black & Veatch, a global leader in critical infrastructure solutions, is evaluating the feasibility and readiness of deploying carbon capture, utilization and storage (CCUS) technology in […]
Nexif Ratch Energy Announces Commercial Operation of the 74 MWp Calabanga Solar Project in the Philippines
CALABANGA, Philippines–(BUSINESS WIRE)–Aug. 07, 2024 Nexif Ratch Energy (NRE), a leading independent power producer focused on renewable energy solutions, is pleased to announce that the Calabanga Solar Project (CARE) located in Camarines Sur, South Luzon, Philippines, has successfully reached commercial operation on August 5, 2024. This milestone followed the completion of a rigorous testing and […]
Tabreed Eyes Expansion Into Southeast Asia With Sponsorship of Third Asia Urban Energy Assembly
Company ready to offer world-leading experience to legislators and developers in combating climate change through energy efficiency and economies of scale ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Jul. 09, 2024 Tabreed, the world’s leading district cooling company, has wrapped its sponsorship and participation at the third edition of Asia Urban Energy Assembly in Bangkok, Thailand. Strategically […]
EIG’s Pearl Pipelines Completes ~$11 Billion Senior Debt Refinancing Program
Brings total capital invested for its 49% interest in Aramco Oil Pipelines to ~$13 billion; Supports FDI for Kingdom of Saudi Arabia with ~65% of invested capital from outside the Kingdom LUXEMBOURG–(BUSINESS WIRE)–Jul. 02, 2024 EIG Pearl Holdings S.à r.l., a holding company formed and managed by EIG, a leading institutional investor in the global […]
Asia Pacific Needs to Scale Low-Carbon Technologies Rapidly to Reduce Carbon Emissions: Black & Veatch
At Future Energy Asia, the global engineering, construction and consulting leader will propose how a range of international best practices can be adapted to advance regional decarbonization BANGKOK–(BUSINESS WIRE)–May. 09, 2024 Asia Pacific must rapidly identify and adopt the next generation of low-carbon and scalable infrastructure to accelerate its decarbonization progress, says Black & Veatch, […]
EIG’s MidOcean Energy Appoints Armand Lumens as CFO
WASHINGTON–(BUSINESS WIRE)–May. 14, 2024 MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the appointment of Armand Lumens as Chief Financial Officer (CFO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240514998356/en/ (Photo: Business Wire) […]
Gansu Hengyuan Dongli New Energy Limited Company Participated in the World Future Energy Summit and Announced Its Industrial Investment Plan
ABU DHABI–(BUSINESS WIRE)–Apr. 21, 2024 From April 15th to 20th, 2024, representatives of Gansu Provincial Government of China and Jiuquan Municipal Government participated in the World Future Energy Summit in Abu Dhabi also visiting Dubai and Saudi Arabia. During this period, Gansu Hengyuan Dongli New Energy Limited Company signed contracts with several international solar buyers, […]
EIG’s MidOcean Energy Completes Acquisition of 20 Percent Stake in Peru LNG
WASHINGTON–(BUSINESS WIRE)–Apr. 23, 2024 MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire SK earthon’s (“SK”) 20 percent interest in Peru LNG (“PLNG”), owner and […]
EIG’s MidOcean Energy Announces Strategic Investment from Mitsubishi Corporation
Anchor Investment Underscores Success of MidOcean’s Growth Strategy WASHINGTON–(BUSINESS WIRE)–Apr. 02, 2024 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 […]