Announces plan to invest up to $1 billion in new, 3.5 GWDC manufacturing facility in the US Southeast Existing Northwest Ohio footprint to be expanded by 0.9 GWDC with $185 million upgrade Expects to have over 3,000 direct employees in four states, while supporting an estimated 15,000 indirect and induced jobs by 2025 TEMPE, Ariz. […]
Biggest Saudi IPO Since Aramco Sees ACWA Plan $1.2 Billion Offer – EQ Mag Pro
ACWA Power International, one of Saudi Arabia’s main vehicles for building renewable energy projects, is set to raise up to 4.55 billion riyals ($1.2 billion) in what would be the biggest offering in Riyadh since Saudi Aramco’s listing. The Riyadh-based utility, half-owned by the kingdom’s sovereign wealth fund, has set the price range for its […]
Encap Investments L.P. Closes $1.2 Billion Energy Transition Fund
HOUSTON : Today announced it has successfully closed EnCap Energy Transition Fund I, L.P. with commitments of approximately $1.2 billion. The fund was created to invest in companies that advance the nation’s transition to a lower-carbon future with a focus on creating wind, solar and energy storage enterprises. “We are truly grateful for the enthusiastic […]
Rice Gets Into Renewable Gas With $1.2 Billion SPAC Deal
Rice Acquisition Corp. will merge with two other companies to create a $1.15 billion renewable natural gas giant. Rice will combine with Aria Energy Operating LLC and Archaea Energy LLC, with the new company taking Archaea’s name, it said in a press release. Rice said it will be the leading U.S. platform for harnessing natural […]