(Source: Shutterstock/ Initiative Equity Partners)
New York-based Initiative Equity Partners said April 25 it has acquired 16% equity in ArtIn Energy, a renewable energy technology company.
The move is part of Initiative Equity Partners’ ambitions to accelerate deployment of renewable energy globally, including ramping up in North America.
Florida-headquartered ArtIn specializes in photovoltaics, energy storage, electrical mobility and green hydrogen technology with corporate clients in the industrial and commercial segment.
“ArtIn Energy stands as a beacon in the energy sector, leveraging cutting-edge technology to propel businesses toward sustainability,” Initiative Equity Partners CEO Cristhian Andrews said in a news release. “By supporting ArtIn Energy, we contribute to a global shift toward cleaner, more efficient energy practices.”
ArtIn Energy said it will continue to operate under its existing brand and management team. The company’s CEO, Jhon Cohen, said the partnership “aligns seamlessly with our mission to invest in sustainable projects and initiatives that not only generate strong financial returns but also create a meaningful positive impact for our environment.”
Recommended Reading
EOG Secures Award to Explore Abu Dhabi for Unconventional Oil
2025-05-16 - U.S. shale giant EOG Resources will evaluate 900,000 acres in a hydrocarbon-rich basin in Abu Dhabi under a new concession agreement with ADNOC.
BOEM to Offer 15,000 Blocks in Gulf Oil and Gas Lease Sale
2025-06-25 - BOEM is proposing a royalty rate of 16 ⅔ percent for both shallow and deepwater leases—the lowest rate for deepwater since 2007, the agency said.
JV Behind Midland Basin AI Campus Project Signs Power Generation Agreement
2025-06-04 - Power Forward Energy Solutions will manufacture, install and operate systems capable of generating 250 megawatts.
M&A Competition Off to the Races as Mesa Minerals Kicks Off Fourth Iteration
2025-04-16 - The Mesa Minerals IV launch comes as M&A competition grapples for mineral and royalty interests, no matter the basin, says Mesa Minerals CEO Darin Zanovich.
E&P Highlights: May 19, 2025
2025-05-19 - Here’s a roundup of the latest E&P headlines, from a new oil discovery offshore Brazil to Libya’s latest upstream licensing round.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.