energy infrastructure

Wire

Electro-Mechanical LLC acquires Maryland based Powercon Corporation
ByNNR October 25, 2025October 25, 2025

BRISTOL: Electro-Mechanical, LLC, a leading U.S. manufacturer of medium voltage switchgear and electrical apparatus, announced Friday it has acquired Powercon Corporation, a Maryland-based provider of custom-designed power distribution systems. Founded in 1959, Powercon brings more than six decades of engineering expertise in medium voltage switchgear, e-houses, and modular substation power systems. The acquisition strengthens Electro-Mechanical’s…

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Wire

WSB LLC acquires power delivery firm Agbara Engineering
ByNNR October 21, 2025October 21, 2025

MINNEAPOLIS: WSB LLC, a national infrastructure engineering and consulting firm, announced Tuesday it has acquired Agbara Engineering, a power delivery engineering firm. The strategic acquisition enhances WSB’s ability to support the full lifecycle of energy infrastructure for clients. The deal brings more than 50 employees from Agbara into WSB. Combined, the firm now has nearly…

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Wire

MidOcean Energy acquires 20% stake in PETRONAS’ Canadian LNG assets, securing key supply from LNG Canada
ByNNR October 1, 2025October 1, 2025

LONDON: MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has entered into definitive agreements to acquire a 20% interest in PETRONAS’ key entities in Canada. The transaction includes a 20% interest in the North Montney Upstream Joint Venture (“NMJV”),…

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Euronext

TotalEnergies divests 50% of 1.4 GW solar portfolio in North America for $950 million
ByNNR September 29, 2025September 29, 2025

PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement with insurance vehicles and accounts managed by KKR, a leading global investment firm, for the sale of 50% of a 1.4 GW solar portfolio in North America. This transaction – which aligns with TotalEnergies’ renewables business model – values the portfolio at an enterprise value of…

Read More TotalEnergies divests 50% of 1.4 GW solar portfolio in North America for $950 million
Euronext

TotalEnergies acquires 49% atake in Anadarko Basin assets from Continental Resources
ByNNR September 29, 2025September 29, 2025

PARIS: TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in natural gas producing assets, owned and operated by Continental Resources in the Anadarko Basin, Oklahoma. This acquisition of low-cost and long-plateau assets, well connected to Henry Hub through existing midstream infrastructure, further strengthens TotalEnergies’ integration across the liquefied natural gas…

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Wire

Vision Ridge Partners acquires Turks and Caicos power utility, rebrands as Pelican Energy TCI
ByNNR September 4, 2025September 4, 2025

PROVIDENCIALES: Vision Ridge Partners, a global investor in sustainable real assets, has acquired FortisTCI Ltd., the electricity utility serving the Turks and Caicos Islands. The company has been rebranded as Pelican Energy TCI, signaling a renewed commitment to sustainable and resilient energy infrastructure across the territory. Terms of the transaction were not disclosed. Pelican Energy…

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London Stock Exchange

Active Energy Group signs heads of terms for 150mw battery storage project in Wales
ByNNR August 15, 2025August 15, 2025

LONDON: Active Energy Group has signed Heads of Terms with Fonmon Castle Ltd to develop a 150-megawatt Battery Energy Storage System (BESS) in the Vale of Glamorgan, marking a strategic advance in the company’s renewable energy ambitions. Under the agreement, Fonmon Castle Ltd will lease approximately 10 acres of land for 30 years to facilitate…

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Euronext

Technip Energies reports robust H1 2025 results, raises TPS margin guidance
ByNNR July 31, 2025July 31, 2025

Company posted a 15% increase in consolidated revenue, reaching €3.6 billion, while recurring EBITDA rose 13% to €319 million PARIS: Technip Energies reported strong unaudited financial results for the first half of 2025, underscoring its continued momentum and strategic progress in energy infrastructure and decarbonization. The company posted a 15% year-over-year increase in consolidated revenue,…

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London Stock Exchange

Hercules acquires Advantage NRG to expand into UK power and energy sector
ByNNR June 27, 2025June 27, 2025

LONDON: Hercules plc (AIM: HERC), a UK-based provider of technology-driven labor solutions for the infrastructure and construction sectors, has acquired Advantage NRG Ltd in a deal valued at up to £15.7 million. The acquisition signals Hercules’ strategic entry into the power and energy sector amid a nationwide overhaul of electricity networks. The initial purchase price…

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London Stock Exchange

Sound Energy partners with Gaia for 270 MW solar project in Morocco, advances hydrogen exploration
ByNNR June 17, 2025June 17, 2025

LONDON: Sound Energy, a transition energy company, has signed an exclusive term sheet with renewable energy specialist Gaia Energy Ltd. to develop up to 270 megawatts of solar power capacity across multiple sites in Morocco, the company announced Tuesday. The proposed joint venture will leverage Morocco’s liberalized medium-voltage (MV) grid, targeting at least 10 locations…

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