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Finance


DOE Launches $2.5B Fund to Upgrade and Build New Transmission Lines

The Biden administration has launched efforts to shape the $2.5 billion Transmission Facilitation Program (TFP), a key Infrastructure Investment and Jobs Act (IIJA) initiative dedicated to building out critical new…



Goldman Sachs Stake in Fortress Underscores Supply Chain Cybersecurity Priority

A Goldman Sachs private equity business is taking a stake in critical industry cybersecurity firm Fortress Information Security. The $125 million investment underscores a heightened awareness of supply chain vulnerabilities…


SEC’s Landmark Climate Disclosure Rule Weighing on Power Sector

Investor-owned electric companies are thoroughly reviewing the Securities and Exchange Commission’s (SEC’s) broad new proposed rule that requires registrants to disclose climate-related risks and governance, and plan to remain engaged…


Natural Gas and Nuclear Power Are Not ‘Green’ Investments

It is not an over-reaction to state that we are in the midst of a planetary emergency. We face the combined threats of climate, nature loss, and human health pandemics.…


GE Grasping for Growth as It Prepares for Integrated Energy Spinoff

GE’s first earnings release after the American conglomerate last November announced it would combine and spin-off its Renewable Energy, Power, and Digital business suggests flagging orders for onshore and offshore…


ESG Aspects Loom Large in Power and Utilities M&A Activity

Environmental, social, and governance (ESG) efforts are factoring into merger and acquisition (M&A) deal activity within the power and utilities sector across North America, according to a report issued by…