Partners Group to Buy California NatGas Power Plants for $2.2B
Partners Group will purchase 11 natural gas-fired power plants in California as well as battery energy storage systems from a fund managed by Avenue Capital Group.
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Partners in $2.2 Billion Deal to Buy California Gas Plants
Partners Group Holding AG, a Switzerland-based private equity firm, agreed to acquire a portfolio of 11 natural gas power plants in California from Avenue Capital Group. The transaction — comprising the 1.9-gigawatt portfolio and Middle River Power, the operator of the plants — has an enterprise value of $2.2 billion, Partners said in a statement Tuesday. California …
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US Natural Gas Pipeline Completions Boosted Takeaway Capacity, EIA Says
The U.S. Energy Information Administration said on Monday that natural gas pipeline projects completed in 2024 increased the country’s liquefied natural gas (LNG) takeaway capacity by 17.8 billion cubic feet per day (bcfd). Takeaway capacity refers to the maximum amount of gas a pipeline can transport away from a production area or storage facility on …
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Answering Frequently Asked Questions about the Inflation Reduction Act’s Energy Subsidies
By Travis Fisher and Joshua L Loucks Original: https://travisfisher.substack.com/p/answering-frequently-asked-questions In the budget debate, lawmakers need an accurate score for the IRA Last week, Cato published Policy Analysis No. 992, titled “The Budgetary Cost of the Inflation Reduction Act’s Energy Subsidies: IRA Energy Tax Credits Could Cost $4.7 Trillion by 2050.” This work is significant because the …
US’ EXIM Bank OKs $4.7B Loan for TotalEnergies Mozambique LNG Project
TotalEnergies’ Southern African LNG project had been delayed after unrest in Mozambique.
Uncoiled: Viper Energy Rides Investor, M&A Wave to New Heights in ‘24
With its units coming off an all-time high, Viper Energy made a $4.45 billion Permian acquisition. VNOM units are gaining favor among Wall Street investors. It took more than a decade and several economic downturns to get there.
E&P Highlights: March 17, 2025
Here’s a roundup of the latest E&P headlines, from Shell’s divestment to refocus its Nigeria strategy to a new sustainability designation for Exxon Mobil’s first FPSO off Guyana.
APA’s Apache Reports Another Oil Discovery on Alaska North Slope
APA Corp. and its partners plan flow tests after the success of the Sockeye-2 exploratory well.
APA’s Apache Reports Another Oil Discovery on Alaska’s North Slope
APA Corp. and its partners plan flow tests after the success of the Sockeye-2 exploratory well.
Sheffield: There are More US Oil Plays E&Ps ‘Need to Go After’
They may not be another horizontal Wolfcamp or Bone Springs play with tens of billions of barrels, but there’s more onshore E&Ps should explore, former Pioneer Natural Resources CEO Scott Sheffield told Hart Energy at the recent CERAWeek by S&P Global conference.