Citizens Energy Corporation

Natural Gas Liquids (NGLs) Market size to grow by USD 19.62 billion from 2023 to 2028; Growth Driven by Increasing renewable energy demand - Technavio

Retrieved on: 
Wednesday, December 6, 2023

NEW YORK, Dec. 6, 2023 /PRNewswire/ -- The natural gas liquids (NGLs) market is expected to grow by USD 19.62 billion from 2023 to 2028, according to Technavio.

Key Points: 
  • NEW YORK, Dec. 6, 2023 /PRNewswire/ -- The natural gas liquids (NGLs) market is expected to grow by USD 19.62 billion from 2023 to 2028, according to Technavio.
  • Increasing renewable energy demand is notably driving the natural gas liquids (NGLs) market.
  • The natural gas liquids (NGLs) market is fragmented, and companies are deploying organic and inorganic growth strategies to compete in the market.
  • The gasoline as a fuel market size is estimated to grow at a CAGR of 1.06% between 2022 and 2027.

Biden-Harris Administration selects National Grid's Twin States Clean Energy Link as part of $1.3 billion commitment to build out nation's transmission infrastructure

Retrieved on: 
Monday, October 30, 2023

Twin States will deliver clean energy from Canada, including hydropower, to New England to support the region's carbon reduction goals and increase the supply of affordable clean energy.

Key Points: 
  • Twin States will deliver clean energy from Canada, including hydropower, to New England to support the region's carbon reduction goals and increase the supply of affordable clean energy.
  • "We are excited to partner with National Grid on the Twin States Clean Energy Link to help build a greener and more resilient grid," said Citizens Energy President Joseph P. Kennedy III.
  • We appreciate the commitment of President Biden to building out the clean energy grid of the 21st century through supporting projects like Twin States."
  • Visit the Twin States website to learn more: Twin States Clean Energy Link | For a Greener New England Grid .

Schneider Electric and Citizens Energy Corporation Receive Top Project of the Year Award from Environment + Energy Leader

Retrieved on: 
Monday, July 10, 2023

The groundbreaking project uses clean energy sources to provide essential backup power, while reducing the community's environmental footprint.

Key Points: 
  • The groundbreaking project uses clean energy sources to provide essential backup power, while reducing the community's environmental footprint.
  • "To be recognized by Environment + Energy Leader for this incredible project with Citizens Energy Corporation is a significant achievement that demonstrates resiliency as a pillar of sustainability," said Don Wingate, Vice President of Microgrids at Schneider Electric.
  • "We are proud to celebrate this massive feat for renewables," said Joseph P. Kennedy III, President of Citizens Energy Corporation.
  • Environment + Energy Leader Awards commend excellence in products and projects that deliver significant energy and environmental benefits.

Voltus Partners with Citizen Energy to Support Electric Grid Stability in Oklahoma

Retrieved on: 
Wednesday, April 12, 2023

Operating Reserves pays businesses, like Citizen Energy, to temporarily reduce energy in the event of grid disruptions or imbalances.

Key Points: 
  • Operating Reserves pays businesses, like Citizen Energy, to temporarily reduce energy in the event of grid disruptions or imbalances.
  • Voltus connects customers from over twenty industries to this program, using technology to optimize participants’ performance.
  • Customers have access to VoltApp, where they can view real-time energy data, dispatch performance, and cash earned.
  • “Energy companies like Citizen Energy are well positioned to provide significant demand relief to help mitigate short-term grid imbalances.

Citizens Energy Group Selects KloudGin for Cutting-Edge Mobile Field Work Management for Enhanced Customer Engagement

Retrieved on: 
Wednesday, November 9, 2022

KloudGin , Inc., the leading provider of AI cloud-based field service, work and asset management solutions, has contracted with Citizens Energy Group to provide next generation mobile field service and work management solutions for their natural gas, thermal energy, water, and wastewater services.

Key Points: 
  • KloudGin , Inc., the leading provider of AI cloud-based field service, work and asset management solutions, has contracted with Citizens Energy Group to provide next generation mobile field service and work management solutions for their natural gas, thermal energy, water, and wastewater services.
  • KloudGins Field Service Management platform will provide Citizens Energy Group with enterprise-wide integration of work orders, inventory and CIS functions across their entire range of services.
  • Infosys , a global leader in next-generation digital services and consulting, will team up with KloudGin to deploy the mobile field service solution at Citizens Energy Group.
  • Visit www.citizensenergygroup.com
    KloudGin is the only SaaS single-platform, cloud-based field service, work and asset management solution that eliminates silos, automates work management processes, enables customer self-service, and increases worker productivity.

Schneider Electric and Citizens Energy Activate First-of-its-kind Microgrid at Daughters of Mary Campus

Retrieved on: 
Thursday, September 15, 2022

Schneider Electric drives positive impact with one-of-a-kind microgrid for Daughters of Mary critical care facilities.

Key Points: 
  • Schneider Electric drives positive impact with one-of-a-kind microgrid for Daughters of Mary critical care facilities.
  • "We are so proud to celebrate this massive feat for renewables today," said Kennedy, who joined Citizens Energy to develop new business opportunities.
  • The project transforms the 137-acre campus into a groundbreaking renewable energy hub, using green energy to power four standalone buildings and reduce energy costs for the organization.
  • "I applaud the pioneering vision of the Daughters of Mary to continue innovating the energy system on their campus," DEEP Commissioner Katie Dykes said.

Citizen Energy Continues Mid-Continent Success with Accretive Consolidation

Retrieved on: 
Wednesday, June 29, 2022

Tulsa-based Citizen Energy announced it has closed an acquisition of substantially all of the oil and gas properties of Red Bluff Resources and Bricktown Energy with an April 1, 2022 effective date.

Key Points: 
  • Tulsa-based Citizen Energy announced it has closed an acquisition of substantially all of the oil and gas properties of Red Bluff Resources and Bricktown Energy with an April 1, 2022 effective date.
  • Citizens existing ~245,000 net acre position coupled with Sellers ~80,000 net acres will create a dominant Mid-Continent footprint.
  • Citizen expects the acquisition to be highly accretive to shareholder returns and set Citizen on a trajectory to become one of the top private producers in the U.S.
    Baker Botts served as legal counsel for Buyers.
  • The Company secured financing for the transaction from certain private funds managed by EIG, an institutional capital provider throughout the energy value chain.

Citizens Reservoir Gets Penetron Treatment to Help Secure Water Supply for Indianapolis

Retrieved on: 
Thursday, January 27, 2022

EAST SETAUKET, N.Y., Jan. 27, 2022 /PRNewswire-PRWeb/ -- The $30 million Citizens Reservoir was completed in January 2021 to secure a sufficient drinking water supply for the Indianapolis metropolitan area (Indiana).

Key Points: 
  • EAST SETAUKET, N.Y., Jan. 27, 2022 /PRNewswire-PRWeb/ -- The $30 million Citizens Reservoir was completed in January 2021 to secure a sufficient drinking water supply for the Indianapolis metropolitan area (Indiana).
  • PENETRON ADMIX SB was specified to ensure a waterproof and non-toxic (NSF-61-certified) solution for the project's new drinking water treatment plant.
  • "The Citizens Reservoir will help provide drinking water for the Indianapolis metropolitan area, pumping 25 million gallons of water into the adjacent Geist Reservoir every day," adds Christopher Chen.
  • "From there, the water is sent to Fall Creek and the Citizens Energy water treatment plants in Indianapolis."

Citizen Energy Expands Mid-Continent Footprint with Gas-Rich Bolt-On Acquisition

Retrieved on: 
Monday, October 11, 2021

Tulsa-based Citizen Energy announced that it has entered into a definitive Purchase and Sale Agreement with an undisclosed seller.

Key Points: 
  • Tulsa-based Citizen Energy announced that it has entered into a definitive Purchase and Sale Agreement with an undisclosed seller.
  • Pro forma for the acquisition, Citizen will have net daily production of ~74,000 BOEPD, interests in over 1,700 wells and over 230,000 net acres across the Mid-Continent.
  • Citizen expects the acquisition to be accretive to shareholder returns and crucial to building and maintaining its momentum as the largest private operator in Oklahoma.
  • Schaper Energy Consulting acted as technical advisor and Shearman & Sterling served as legal counsel for Citizen Energy on the transaction.

Schneider Electric, Citizens Energy Partner to Drive Equitable Energy Access in the Northeast

Retrieved on: 
Wednesday, June 16, 2021

Citizens Energy Corporation and Schneider Electrics partnership is designed to support municipalities across New England and will expand to meet additional needs nationwide.

Key Points: 
  • Citizens Energy Corporation and Schneider Electrics partnership is designed to support municipalities across New England and will expand to meet additional needs nationwide.
  • Schneider Electric is thrilled to solidify our relationship with Citizens Energy through this new strategic alliance, said Donald Wingate, Vice President, Utility & Microgrid Solutions for Schneider Electric.
  • Citizens Energy is responsible for managing the Resiliency and Affordability Program (RAP) for some of the projects host communities.
  • For more information about Citizens Energy Corporations renewable energy projects and programs, please visit www.citizensenergy.com/ .