News

FORT WORTH, Texas, August 15, 2024 (BUSINESS WIRE) -- Brazos Midstream (“Brazos” or the “Company”) today announced the completion of several significant milestone projects consisting of major new-build pipelines and processing facilities located in the core of the Midland Basin, one of the most active oil and gas producing regions in the United States.

Miami & Houston, July 22, 2024 (BUSINESS WIRE) -- Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced that Elda River Capital Management, LLC (“Elda River”), a real assets investment firm focused on energy transition and infrastructure opportunities, has joined its $200 million enhanced credit facility alongside Nuveen’s Energy Infrastructure Credit team and Aiga Capital Partners (“Aiga”).

Bethesda, MD, March 19, 2024 (GLOBE NEWSWIRE) -- An affiliate of Eagle Creek Renewable Energy (“Eagle Creek”) has acquired Lightstar Renewables, a community solar developer and owner and operator of community solar farms in the United States.

DALLAS, Jan. 31, 2024 /PRNewswire/ -- Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, today announced the closing of financing for its Hornet Solar project.

Denver, CO, January 9, 2024 – Arcadia, a technology company connecting the clean energy future, is thrilled to announce a groundbreaking milestone in the clean energy sector. Arcadia now manages 2 gigawatts (GW) of community solar capacity and counting, reinforcing its commitment to a sustainable future and expanding access to renewable energy.

September 28, 2023 (Energy Storage News) — Developer Black Mountain Energy Storage has won approval from the City of Milwaukee for a battery storage project which will be the biggest in the US state of Wisconsin so far.

September 13, 2023 -- Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, announced today that GCM Grosvenor (NASDAQ: GCMG) has committed to invest up to $100 million in Vesper Energy over the next 12 months and acquire a minority ownership stake in the company.

August 15, 2023 -- The University of Pittsburgh and Vesper Energy officially cut the ribbon on the Gaucho Solar project. Built on 68 acres on the border of Findlay Township (Allegheny County) and Independence Township (Beaver County), it is one of the largest solar projects in Western Pennsylvania, with about 55,000 solar panels generating electricity.

Traditional territories of the Massachusett and Pawtucket People / Boston, Massachusetts, Aug. 10, 2023 (GLOBE NEWSWIRE) — Today Lightstar Renewables, a community solar developer and long-term owner and operator of community solar farms in the US, is announcing a new partnership with Arcadia, a climate technology company that unlocks global energy data to provide customer acquisition and management services, to help connect underserved communities to the next generation of clean solar energy.

ROSELAND, N.J., Aug. 3, 2023 /PRNewswire/ -- CoreWeave, a specialized cloud provider of large-scale GPU-accelerated workloads, today announced it has secured a $2.3 billion debt financing facility. The funding was led by Magnetar Capital and funds managed by Blackstone Tactical Opportunities ("Blackstone") with strategic participation from leading asset management firms Coatue and DigitalBridge Credit, and funds and accounts managed by BlackRock, PIMCO, and Carlyle.

NEW ORLEANS, May 15, 2023 /PRNewswire/ -- PosiGen, the nation's leading provider of renewable energy and efficiency solutions for low- and moderate-income families, is pleased to announce a new back-leverage debt facility structured by a direct lending infrastructure fund managed by Brookfield Asset Management ("Brookfield").

May 10th, 2023, Lincoln, NE -- Monolith, a global leader in commercial-scale carbon black and hydrogen production using the methane pyrolysis process, announced the first of its products to appear in any tire. The Goodyear Tire & Rubber Company (Goodyear), one of the world’s largest tire companies, announced it will use Monolith’s carbon black in a new tread formulation for its ultra-high performance, all-season ElectricDrive™ GT passenger tire in size 235/40R19, which is an ideal fit for vehicles such as the Tesla Model 3.

PR NEWSWIRE, WASHINGTON, D.C. ON DECEMBER 16, 2022 -- Arcadia, the technology company enabling the global energy transition, today announced it has raised $125 million in new funding led by Magnetar Capital, with existing investor Keyframe Capital participating.

NEW ORLEANS, Jan. 5, 2022 /PRNewswire/ -- PosiGen, the nation's leading provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households, is pleased to announce the close of a $100 million preferred equity financing. Magnetar Capital's Energy & Infrastructure group was the lead investor in the financing and will nominate two new directors to join PosiGen's Board of Directors.

DALLAS, TX, October 19, 2021 — Vesper Energy (“Vesper” or “the Company”), a leading developer, owner and operator of utility-scale renewable energy assets, announced that Pfizer – one of the world’s premier biopharmaceutical companies – has entered into a virtual power purchase agreement (VPPA) with the Company.

FORT WORTH, Texas--(BUSINESS WIRE)--April 5, 2021--Double Eagle III Midco 2 LLC (the “Company” or “Double Eagle”), wholly owned by DoublePoint Energy, LLC (“DoublePoint”), announced that it has entered into a definitive purchase agreement to sell all leasehold interests, subsidiaries and related assets to Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer"). This transaction is valued at approximately $6.4 billion as of April 1, 2021, comprised of approximately 27.2 million shares of Pioneer common stock, $1 billion of cash and approximately $0.9 billion of debt and liabilities.

EVANSTON, IL – November 16, 2020 – Alternative asset manager Magnetar Capital today announced its acquisition of international property and investment group Lendlease’s renewable energy business unit. The acquisition was completed in partnership with Lendlease’s Dallas-based leadership team. The acquired entity will operate under a new name: Vesper Energy.

HOUSTON--(BUSINESS WIRE)--December 30, 2019--Sunnova Energy International Inc. (NYSE: NOVA) today announced that it has closed an aggregate $150 million in financing through an approximately $95 million revolving asset-based loan facility (the “Equipment Facility”) and a private placement of $55 million aggregate principal amount of convertible senior notes (the “Convertible Notes Private Placement”).

HOUSTON, Dec. 18, 2019 /PRNewswire/ — WaterBridge Holdings LLC (together with its subsidiaries, “WaterBridge”) announced today that it has raised $345 million of equity capital through the issuance of $195 million of common equity to: funds affiliated with Five Point Energy LLC; an affiliate of GIC; and WaterBridge management, as well as $150 million of preferred equity to Magnetar Capital, a leading alternative asset manager.

HOUSTON, May 08, 2019 (GLOBE NEWSWIRE) -- Altus Midstream Company (“Altus”) (NASDAQ: ALTM) today announced that Altus Midstream LP (“Altus Midstream”) has entered into definitive agreements to issue $625 million of preferred equity in a private placement and amend its credit facility, which will allow Altus Midstream’s revolver capacity to increase to $650 million during the Initial Period (as defined in Altus Midstream’s credit agreement), an increase of $200 million.

PITTSBURGH, March 14, 2019 /BUSINESS WIRE/--Equitrans Midstream Corporation (NYSE: ETRN) and EQM Midstream Partners, LP (NYSE: EQM) today announced that EQM has entered into a definitive agreement with a fund managed by Morgan Stanley Infrastructure Partners to acquire a 60% interest in Eureka Midstream Holdings, LLC (Eureka Midstream) and a 100% interest in Hornet Midstream Holdings, LLC (Hornet Midstream) for total consideration of $1,030 million, comprised of approximately $860 million in cash and approximately $170 million of assumed pro-rata debt.