Redwheel Broadening Sustainable Portfolio with Ecofin Deal

Investment manager Redwheel agreed to purchase London-based Ecofin’s assets, which reached approximately $1.4 billion as of May 31.

IBAT Cranks Up US Commercial Direct Lithium Extraction Facility

Houston-based International Battery Metals said the startup marks the first commercial-scale facility that uses DLE technology in North America and the world’s first modular commercial DLE plant.

Blackstone Buys Enagás’ Tallgrass Stake for $1.1 Billion

Spain’s Enagás is selling its Tallgrass Energy interests to Blackstone Infrastructure Partners in exchange for some needed capital.

Nature’s Way: Biotech Companies Capturing Carbon, Revenue

Executives from Occidental Petroleum-backed Cemvita, Carbon Optimum and Novonesis share insights into how CO2 could be used for biofuels, fertilizer, food, proteins, plastics and even oil.

Eversource, Ørsted Close Sunrise Wind Sale Offshore NY

Eversource sold its 50% stake in the wind farm offshore New York to Ørsted for $152 million.

Darbonne: The Tesla, the Airport, a Scandal and a Swimming Pool

The summer of 2024 won’t be powered by an EV. And it won’t be in the Anthropocene epoch.

Dominion Buys Avangrid’s Kitty Hawk Offshore Wind Lease for $160MM

Avangrid agrees to sell Kitty Hawk North offshore wind lease for $160 million to a subsidiary or Dominion Energy.

Chevron, Exxon Among Players Getting to FID, Locking in Hydrogen Offtake

Hydrogen players Chevron Corp., Mitsubishi Power and Exxon Mobil are working to find buyers and pursue incentives to move projects forward.

Canadian Solar’s e-STORAGE Lands Battery Storage Project in Texas

Located in Fort Bend County, the Bypass project will use 106 units of e-STORAGE’s SolBank 3.0.

Occidental’s 1PointFive Agrees to Sell Carbon Credits to Microsoft

1PointFive said the agreement marks the largest single purchase of CO2 removal credits enabled by direct air capture to date.