All articles by Aninda Chakraborty
BIP to acquire pipeline operator Colonial Enterprises for nearly $9bn
Colonial operates independently and fully owns Colonial Pipeline Company (CPC), which provides transportation services for oil products from the US Gulf Coast to the Atlantic Seaboard
Ukraine secures €157m for private wind power development
The financing will support the construction and operation of wind power plants with a combined capacity of 147MW that will generate at least 380 GWh of electricity annually
Minerals 260 secures $220m to advance Bullabulling Gold Project
The Bullabulling Gold Project is situated nearly 25km southwest of Coolgardie in Western Australia’s Eastern Goldfields region and hosts a JORC 2012 Mineral Resource Estimate of 60 million tonnes
Pennsylvania’s Homer City coal plant to be repurposed as 4.5GW data centre hub
The initial investment in power infrastructure and site preparation is projected to exceed $10bn, with additional funding expected from data centre development, marking the largest investment of its kind in Pennsylvania.
Iberdrola secures planning approval for 315MW Windanker Offshore Wind Farm
With a total installed capacity of 315MW, the wind farm is expected to power up to 315,000 households upon its operational launch in 2026
Duke Energy’s Oconee Nuclear Station secures 20-year licence renewal
The renewal licence comes after the company carried out key maintenance and upgrades at Oconee, including the replacement of reactor vessel heads, steam generators, turbines, transformers, pumps, and valves
Northern Lights CCS Project secures $710m for phase two expansion
The second phase of Northern Lights is expected to increase the CCS project’s capacity from 1.5 million tonnes of CO2 per year to at least 5 million tonnes
TotalEnergies takes investment decisions on six German battery storage projects
The six battery projects, which will add a combined 221MW of new storage capacity, are expected to become operational by early 2026
Vattenfall takes FID on 1.6GW Nordlicht offshore wind cluster in Germany
Meanwhile, BASF has secured a long-term renewable electricity supply from the Nordlicht wind farms to ensure a steady flow of green power for its chemical production across Europe
Orascom-Técnicas Reunidas JV wins $2.6bn contract for Saudi plant expansion
The project, situated in Saudi Arabia’s Eastern Province, will add a significant 3GW of combined cycle gas-fired power to the nation’s grid