All articles by Aninda Chakraborty
Aninda Chakraborty
Partners Group to acquire 1.9GW power plant portfolio in US for $2.2bn
The acquired portfolio encompasses 11 natural gas power plants located in California, including nine simple-cycle peaking facilities and two combined-cycle gas turbine plants
Equinor commences production at Halten East in Norwegian Sea
The Halten East reservoirs, rich in gas and condensate, are estimated to hold recoverable reserves of approximately 100 million barrels of oil equivalent
Russia unveils plans to initiate large-scale lithium production in 2030
Russian Ministry of Natural Resources has granted exploration permits for three significant lithium deposits- Kolmozerskoye and Polmostundrovskoye in the Murmansk region, and Tastygskoye in the Tuva region.
Partners Group agrees to divest Greenlink Interconnector in €1bn deal
The interconnector, which stretches from Pembrokeshire, Wales to County Wexford, Ireland, is capable of supplying electricity to approximately 380,000 homes
Australia’s Ramelius Resources to acquire Spartan in $1.5bn deal
The merger will enhance the market position of the new entity and create a gold producer with a pro-forma market capitalisation of A$4.2bn
WHB’s 1.2GW Pulau Indah power plant in Malaysia begins operations
The facility, powered by GE Vernova’s 9HA.01 combined cycle technology, can generate enough electricity to power around 2.5 million homes in the country
Siemens Energy wins $1.6bn contract for gas power plants in Saudi Arabia
Rumah 2 and Nairyah 2 plants, located in the country’s western and central regions, will add 3.6GW to the national grid, enough to power approximately 1.5 million homes
Arevon Energy finalises $509m financing for Missouri solar projects
The financing for the Kelso 1 & 2 Solar Projects is comprised of three main components- a $245m bridge loan, a $172m construction loan, and $92m in credit support
Whitecap Resources and Veren agree to merge in $10.4bn deal
The new company will operate under the Whitecap name and management, with the addition of four Veren directors to the Whitecap Board, including Veren’s President & CEO, Craig Bryksa
DNO to buy Sval Energi for $450m, boosting North Sea presence
The deal will quadruple DNO’s North Sea production to around 80,000 boepd, making the region the largest contributor to the company’s net production by accounting for about 60% of the total output