EnCap Investments

SunGas Renewables Inc. Announces Agreement with Arbor Renewable Gas™

Retrieved on: 
Thursday, October 27, 2022
Mercuria, LLC, Gasoline, EnCap Investments, Investment, Transport, Technology, CEO, Hydrogen, Shunga, Carbon, Biofuel, Aircraft, Filtration, Revolution, Renewable energy

HOUSTON, Oct. 27, 2022 /PRNewswire/ -- SunGas Renewables Inc. ("SunGas"), a global provider of gasification systems for low-carbon fuel production, today announced an agreement with Arbor Renewable Gas,™ LLC ("Arbor Gas") for supply of its SunGas™ System 1000 technology and equipment package to Arbor Gas' Spindletop Renewable Gasoline Project located in Beaumont, Texas. SunGas is an outgrowth from GTI Energy, an organization advancing decarbonization through the economy-wide transformation of energy systems.

Key Points: 
  • HOUSTON, Oct. 27, 2022 /PRNewswire/ -- SunGas Renewables Inc. ("SunGas"), a global provider of gasification systems for low-carbon fuel production, today announced an agreement with Arbor Renewable Gas, LLC ("Arbor Gas") for supply of its SunGas System 1000 technology and equipment package to Arbor Gas' Spindletop Renewable Gasoline Project located in Beaumont, Texas.
  • "We are very pleased to make this important announcement today which marks a positive step forward for SunGas, Arbor Gas, and for decarbonization of transportation fuels.
  • "The agreement announced today with SunGas marks the construction kickoff of our Spindletop Renewable Gasoline project," said Timothy E. Vail, CEO of Arbor Renewable Gas.
  • For more information, visit www.sungasrenewables.com
    The mission of Arbor Renewable Gas is to build a portfolio of cost-effective, safe, and reliable woody biomass to negative carbon renewable gasoline, sustainable aviation fuel, renewable marine fuels, and renewable hydrogen plants around the world.

Catalyze Expands Executive Suite, Hiring New COO, CCO, SVP of Supply Chain Management, and VP of Energy Storage Solutions

Retrieved on: 
Monday, October 17, 2022
Commercial Building & Real Estate, Alternative Vehicles, Fuels, Construction & Property, EV, Electric Vehicles, Automotive, Transport, Building Systems, Alternative Energy, Energy, Logistics, Supply Chain Management, Adoption, Supply chain management, Macdonald, Time, Pacific Gas & Electric Co. v. State Energy Resources Conservation & Development Commission, VP/MS, McKinsey & Company, Transport, Mercuria, EnCap Investments, VP, EVP, Supply, COO, Cupertino Electric, EPC, Multimedia, C&I, Tesla, Senior, Knowledge, SVP, EVS, CCO, Company, Marketing, EV, CEO, NextEra Energy, SolarCity, Ownership, Solution, Engineering, Management, Renewable energy, Catalysis, Exelon

View the full release here: https://www.businesswire.com/news/home/20221017005666/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221017005666/en/
    Catalyze welcomes former electric power industry executive Brian McDonald as EVP/COO, former digital solutions and demand response executive Terrill Laughton as CCO, energy sector supply chain executive Joseph Kiwak as SVP of Supply Chain Management, and former Tesla and SolarCity leader Tristan Glenwright as VP of Energy Storage Solutions.
  • Catalyzes new additions to its leadership team will play a critical role in enhancing the companys ability to deliver sustainable, profitable and simplified energy solutions nationwide.
  • Kiwak boasts over 30 years of experience in the energy sector, including executive positions at Sunfinity Renewable Energy, Sunnova Energy, and NRG Renew.
  • Glenwright will take on the role of VP of Energy Storage Solutions, helping further advance the adoption and integration of Catalyzes energy storage solutions to offer increased savings, sustainability and resilience for Catalyzes partners.

Clearfork Midstream Announces Signing of New Commercial Agreements and Expansion of its Haynesville Gathering, Treating, and Compression Capacity in North Louisiana

Retrieved on: 
Tuesday, October 11, 2022
Energy, Other Energy, Oil, Gas, Compression, Pressure, Transport, Growth, EnCap Investments, Investment, Red River, LLC, Partnership, Acquisition, Industry, Clear Fork, Dehydration, Spring Ridge, Solution, Petroleum, Oil, Haynesville Shale

Clearfork Midstream LLC (Clearfork) today announced the signing of several new producer-customer commercial agreements and treating capacity expansions on its Holly System in North Louisiana.

Key Points: 
  • Clearfork Midstream LLC (Clearfork) today announced the signing of several new producer-customer commercial agreements and treating capacity expansions on its Holly System in North Louisiana.
  • Clearfork is actively developing new midstream gathering and treating projects in addition to increasing downstream takeaway optionality for Haynesville producers.
  • As part of these expansions, Clearfork plans to build new interconnects for additional takeaway capacity and downstream market optionality for customers.
  • In conjunction with the gathering expansion, Clearfork is increasing its overall treating and compression capacity across its Holly System.

Vecino Energy Names Brian Jinks as Chief Financial Officer and James Moreton as Vice President of Corporate Finance and Business Development

Retrieved on: 
Monday, September 19, 2022
Oil, Gas, Energy, Donaldson, Lufkin & Jenrette, Moelis & Company, CFO, LLC, MLP, Corporate finance, Company, Investment, Deutsche Bank, Partnership, Industry, Royal Bank of Canada, Kinetic, Lazard, Business development, EnCap Investments, Royal Bank, Management, Petroleum

Vecino Energy Partners, LLC (Vecino) today announced that Brian Jinks and James Moreton have joined the company as Chief Financial Officer and Vice President of Corporate Finance and Business Development, respectively.

Key Points: 
  • Vecino Energy Partners, LLC (Vecino) today announced that Brian Jinks and James Moreton have joined the company as Chief Financial Officer and Vice President of Corporate Finance and Business Development, respectively.
  • Brian will oversee all financial aspects of the company leaning on his two decades of experience in finance and M&A.
  • President David Ash said I'm excited to welcome Brian and James to the Vecino leadership team and look forward to working closely with them as we execute on our opportunity set.
  • Mr. Moreton most recently served as the Chief Financial Officer for Kinetic Pressure Control, a well control technology company backed by SCF Partners.

Leading Global Organizations Launch New Consortium to Assess Climate Benefits of Energy Storage

Retrieved on: 
Wednesday, September 14, 2022
Technology, Professional Services, Data Analytics, Metaverse, Other Energy, Utilities, Climate Change, Alternative Energy, Energy, Green Technology, Apps, Applications, Software, Environmental, Social and Governance (ESG), Environment, Batteries, Data Management, Environmental Issues, Carbon, Mercuria, Point of sail, GW, GHG, Time, Weather, WhatsApp, Risk, Organization, LinkedIn, Partnership, Facebook, Electricity, Technology, Instagram, Meta, Goal, Messenger, Virtual reality, Apollo Global Management, EVP, EnCap Investments, SVP, 2D, Renewable energy

A group of leading organizations, including Meta , REsurety , Broad Reach Power and others, has announced the formation of the Energy Storage Solutions Consortium, a consortium to assess and maximize the greenhouse gas (GHG) reduction potential of electricity storage technologies.

Key Points: 
  • A group of leading organizations, including Meta , REsurety , Broad Reach Power and others, has announced the formation of the Energy Storage Solutions Consortium, a consortium to assess and maximize the greenhouse gas (GHG) reduction potential of electricity storage technologies.
  • Energy storage is a technology that has huge potential, and were delighted to partner with industry leaders in this forward-thinking and collaborative effort to develop a global standard for energy storage benefits.
  • In order to calculate the GHG benefits of large-scale energy storage facilities, the consortium will leverage locational marginal emissions .
  • Based in Houston, Broad Reach is backed by leading energy transition investors, EnCap Investments L.P., Apollo Global Management, Yorktown Partners and Mercuria Energy.

Stakeholder Midstream Receives Milestone MRV Plan Approval from the EPA for Carbon Capture and Sequestration Operations, the First of its Kind in Texas

Retrieved on: 
Tuesday, September 13, 2022
Energy, Professional Services, Oil, Gas, Finance, Permian, CO2, Carbon, ESG, Movement, EPA, Trust, LLC, Stakeholder, Investment, Partnership, Goal, Solution, Transport, Carbon dioxide, Map, Trinity, NGL, Natural gas, EnCap Investments, MRV, Oil, Petroleum

This is the first MRV plan approved by the EPA for permanent geologic sequestration of CO2 within the state of Texas that is not associated with enhanced oil recovery operations.

Key Points: 
  • This is the first MRV plan approved by the EPA for permanent geologic sequestration of CO2 within the state of Texas that is not associated with enhanced oil recovery operations.
  • Stakeholder is currently developing the final phases of its carbon capture equipment buildout with plans to install additional facilities in 2023.
  • Stakeholder operates two permanent sequestration wells responsible for the secure geologic storage of more than 85,000 metric tons per year of carbon dioxide.
  • Carbon and emissions management is an integral focus and business segment for our company, said Stakeholder Midstream Chief Commercial Officer Brett Baker.

Broad Reach Power Makes Strategic New Hire with Stacey Peterson as Chief Financial Officer

Retrieved on: 
Monday, September 12, 2022
Utilities, Environment, Technology, Batteries, Sustainability, Alternative Energy, Energy, Mercuria, Point of sail, GW, CFO, Acceleration, Kelley School of Business, Partner (business rank), Advanced Management Program, Company, Inflation, Harvard Business School, Industry, BP, Business, Indiana University, Risk management, Apollo Global Management, EnCap Investments, CenterPoint Energy, Renewable energy, Management

Broad Reach Power , the leading utility-scale battery storage platform, which owns a 21 gigawatt (GW) portfolio of utility-scale battery storage and renewable power projects across the U.S., announced today that Stacey Peterson has joined as Chief Financial Officer.

Key Points: 
  • Broad Reach Power , the leading utility-scale battery storage platform, which owns a 21 gigawatt (GW) portfolio of utility-scale battery storage and renewable power projects across the U.S., announced today that Stacey Peterson has joined as Chief Financial Officer.
  • As the new CFO, Peterson will be responsible for all areas of the company's finance function, including capital management and strategy.
  • We are confident that Staceys financial leadership will add great value to Broad Reach Power, said Corinne Still, Broad Reach Power Director and Partner at Apollo Global Management.
  • Prior to her role at Broad Reach Power, Peterson held financial management positions at BP, Calpine, Talen Energy, and most recently was Chief Accounting Officer at CenterPoint Energy.

Energy Vault and Jupiter Power Announce Agreement for Battery Energy Storage Projects in Texas and California Totaling 220 MWh

Retrieved on: 
Monday, August 15, 2022
Other Energy, Utilities, Technology, Batteries, Other Technology, Alternative Energy, Energy, Wind, Intellectual property, Compte rendu, Multimedia, NYSE, Motor vehicle, Algorithm, SEC, Facebook, Mercuria, Analysis, Conversation, Engineering, COVID-19, Contract, Energy Vault, Twitter, CAISO, Energy, Risk, Electricity, Financial condition report, ERCOT, EVS, Solution, LinkedIn, Time, EnCap Investments, Result, Renewable energy, Cryptocurrency

Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the Company), a leader in sustainable, grid-scale energy storage solutions, and Jupiter Power (Jupiter), a leading battery energy storage developer and owner/operator of utility-scale battery energy storage projects in the United States, today announced the signing of two contracts whereby Energy Vault will supply equipment, engineering, procurement, construction, balance of plant services and the energy management software for two of Jupiters battery energy storage projects.

Key Points: 
  • Energy Vault Holdings Inc. (NYSE: NRGV) ("Energy Vault" or the Company), a leader in sustainable, grid-scale energy storage solutions, and Jupiter Power (Jupiter), a leading battery energy storage developer and owner/operator of utility-scale battery energy storage projects in the United States, today announced the signing of two contracts whereby Energy Vault will supply equipment, engineering, procurement, construction, balance of plant services and the energy management software for two of Jupiters battery energy storage projects.
  • "With todays inaugural EVS-enabled battery energy storage projects announcement supporting a market leader in storage infrastructure and analytics like Jupiter, we are delivering on our comprehensive energy storage solutions strategy introduced just nine months ago, said Marco Terruzzin, Chief Commercial Officer, Energy Vault.
  • Jupiter is pleased to be working with Energy Vault to expand our existing battery energy storage portfolio with these two new projects, said Michael Geier, Chief Technology Officer of Jupiter Power.
  • Energy Vault develops and deploys sustainable energy storage solutions designed to transform the worlds approach to utility-scale energy storage in realizing decarbonization while maintaining grid resiliency.

Williams Enters Agreement with PennEnergy Resources to Market and Deliver Certified, Low Emissions Next Gen Gas

Retrieved on: 
Monday, August 8, 2022
Other Energy, Environment, Oil, Gas, Sustainability, Alternative Energy, Energy, Environmental Health, WMB, NYSE, Investment, LLC, Marketing, Partnership, Transport, Safety, Natural gas, Transco, GHG, Sequent, Heat, Certification, EnCap Investments, Context Labs, LNG

Williams (NYSE: WMB) and PennEnergy Resources, LLC, an EnCap Investments portfolio company in the Appalachian Basin, announced today they have entered into an agreement to support the marketing and delivery of certified, low emissions next gen natural gas.

Key Points: 
  • Williams (NYSE: WMB) and PennEnergy Resources, LLC, an EnCap Investments portfolio company in the Appalachian Basin, announced today they have entered into an agreement to support the marketing and delivery of certified, low emissions next gen natural gas.
  • Through its Sequent business, Williams is building a marketing portfolio to sell low-carbon next gen gas to utilities, LNG export facilities and other clean energy users.
  • We are excited for this partnership and future opportunities to deliver responsibly sourced natural gas to meet the markets growing demands, said PennEnergy Resources Chairman and CEO Rich Weber.
  • The agreement with PennEnergy builds on Williams strategy to gather, market and transport low-carbon natural gas from well-head to end-user.

Broad Reach Power Closes $161 Million Project Financing on 18 Battery Energy Storage Projects

Retrieved on: 
Thursday, July 28, 2022
Other Energy, Utilities, Other Construction & Property, Alternative Energy, Energy, Construction & Property, Public sector banks in India, Deutsche Bank, EnCap Investments, Mercuria, Ownership, Point of sail, Risk, Infrastructure, Head, GW, ERCOT, BESS, Apollo Global Management, Company, MUFG Bank, MUFG, Contract, Senior, Milbank, Renewable energy, Other Energy, Utilities, Other Construction & Property, Alternative Energy, Energy, Construction & Property

Broad Reach Power (Broad Reach), the leading utility-scale battery storage platform, which owns a 21 gigawatt (GW) portfolio of utility-scale battery storage and renewable power projects across the U.S., today announced it successfully closed a $161 million project financing for 17 operating battery energy storage systems in Texas and one in California.

Key Points: 
  • Broad Reach Power (Broad Reach), the leading utility-scale battery storage platform, which owns a 21 gigawatt (GW) portfolio of utility-scale battery storage and renewable power projects across the U.S., today announced it successfully closed a $161 million project financing for 17 operating battery energy storage systems in Texas and one in California.
  • Broad Reach develops and operates its battery storage projects to perform under an optimized revenue stack, which includes a combination of contracts, financial hedges and merchant capacity selling energy and ancillary services in the market.
  • This is a marquee debt financing transaction in the battery storage sector, and we at Broad Reach look forward to advancing innovative ways to finance our large pipeline of projects.
  • We are happy to have collaborated with Broad Reach on this landmark battery storage financing and look forward to supporting their continued growth.