Finance

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 PwC, a professional services firm serving the “Trust Solutions and Consulting Solutions” segments. “As policies are clarified and ESG strategies are strengthened, broad investor interest […]

A leaked draft of the European Commission’s proposal to label some natural gas and nuclear power plants as “transitional” or “green” investments has prompted pushback from some European Union (EU) members. Criticism is also mounting in South Korea, where liquefied natural gas (LNG) was included in its new green taxonomy guidelines—but nuclear was left out. […]

The fog of uncertainty that hangs over the global power industry is getting larger and denser as generating companies and utilities navigate ever more complex challenges.

If you’ve paid attention to the cleantech news cycle this year, you know it’s been a roller-coaster ride. I’ve been in the cleantech/energy transition sector for 20 years and wrote the first history on the term cleantech 15 years ago. I’ve seen the many ups and downs surrounding the industry. Today’s current playing field is […]

TORONTO – (Dec. 14, 2021) – eLeapPower, a technology innovator revolutionizing electric vehicles – inside and outside – with its Smart Inverter System, announced today that it raised $21 million CAD in Series A funding. The round was led by a consortium of pension funds and BDC Capital’s Cleantech Practice. eLeapPower’s initial contract is with […]

Houston, TX, December 14, 2021 — Octopus Energy Group announced a new long-term strategic partnership with Canada Pension Plan Investment Board (CPP Investments), one of the world’s largest pension funds and a global force in energy investing. This global partnership is formed of an initial US$300 million equity investment from CPP Investments with an aspiration […]

Dominion Energy is revving up its efforts to build the 2.6-GW Coastal Virginia Offshore Wind (CVOW) commercial project before 2027 to meet state requirements, it said in a detailed filing for the $9.8 billion project submitted to the Virginia State Corporation Commission (SCC) on Nov. 5.  CVOW, which will be sited on a federal lease […]

Many small- and medium-sized power projects are simply not large enough to gain the interest of highly sought-after institutional investors. The complexity and related costs of smaller projects means risks and

Stakeholders are increasingly pressuring corporations to become more sustainable, and often that means using renewable energy to help meet their electricity needs. Most non-power companies don’t want to take