|

Finance


Investment Bank ‘Mobilizing’ up to $115 Billion for Renewables, Energy Storage and More in EU

The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU)…



Risks and Opportunities: It’s an Interesting Time to Be in the Power Industry

War rages in Europe. Natural gas prices are through the roof. Drought threatens hydro production. Weather extremes are becoming commonplace. Supply chains are strained. Demand for electricity is headed skyward.…


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.…