Energy & Environment

Aegea Secures R$1.5bn in New Financing, 2026 Total Hits R$6bn

São Paulo – – October 02, 2026 -- Brazilian sanitation group Aegea Saneamento e Participações S.A. has raised R$1.5 billion in new financing since the end of the second quarter of 2026, pushing its total disbursed funding for the year to R$6 billion.

Aegea closes three debt transactions backing regional water utilities

The company secured R$700 million in 'Ecoinvest' debentures for subsidiary Companhia Riograndense de Saneamento (CORSAN), arranged with Banco Bradesco BBI S.A. and carrying a 10-year maturity. A further R$420 million came from a three-year extension of a debenture issuance tied to Águas de Governador Valadares SPE S.A., executed with XP Investimentos. A third transaction, worth R$330 million, extended by three years a debenture issuance for Ambiental Metrosul Concessionária de Saneamento SPE S.A., arranged with Banco do Estado do Rio Grande do Sul (Banrisul).

PMET Resources Refiles CV5 Lithium Study After AMF Compliance Review

Montreal – October 02, 2026 -- PMET Resources Inc. has filed an amended NI 43-101 technical report for its Shaakichiuwaanaan lithium project in Quebec, correcting compliance irregularities flagged by Quebec's securities regulator without altering the underlying economics of its 2025 feasibility study.

AMF routine review triggers formatting and disclosure corrections

The Autorité des marchés financiers, acting under its continuous disclosure review program, identified issues requiring clarification in the original October 2025 technical report. PMET addressed qualified persons' certificates content, map scaling errors, disclosure on reasonable prospects for economic extraction of caesium, tantalum and gallium, and the cut-off grade methodology for caesium oxide. The company filed the corrected version on SEDAR+ with an unchanged effective date of October 20, 2025, an issue date of November 14, 2025, and an amended date of October 2, 2026.

GWP Partners With Goodwill SoCal on Electrical Trade Training

Los Angeles – – October 02, 2026 -- Green Water and Power (GWP), a national clean-energy infrastructure provider, has launched a workforce training partnership with Goodwill Southern California (Goodwill SoCal) to place candidates with little or no prior work experience into on-the-job electrical trade training.

Program targets WIOA-eligible candidates for hands-on electrical training

The initiative operates under the federal Workforce Innovation Opportunity Act (WIOA) and is aimed at reducing barriers to employment for job seekers entering the skilled trades. Qualified participants will receive hands-on instruction in electrical work, with a pathway to long-term employment at GWP or elsewhere in the industry.

Oracle to Absorb $300M in Costs to Keep Wisconsin Nuclear Plant Affordable

Austin – October 02, 2026 -- Oracle has committed to subscribing to a portion of electricity generated by the Point Beach Nuclear Plant in Wisconsin, a move expected to save utility customers approximately $300 million in fuel costs. The commitment is designed to shield more than 1 million Wisconsin utility customers from the plant's rising operating costs while preserving carbon-free baseload power for the state grid.

Oracle absorbs rising nuclear fuel costs to protect household electricity bills

Point Beach has supplied dependable, carbon-free power to Wisconsin for more than 50 years. By subscribing to a share of the plant's output, Oracle intends to cover increases in fuel costs that would otherwise be passed on to ratepayers, according to Mahesh Thiagarajan, executive vice president of Oracle Cloud Infrastructure.

Aker BP Restructures Executive Team Around Value Chain for 2027

Lysaker, Norway – – October 02, 2026 -- Aker BP has named a new executive management team that will take effect on January 1, 2027, reorganizing leadership around the company's full value chain from exploration to production.

New structure splits leadership into five value-chain roles and five support functions

The value-chain leadership consists of Petter Sørhaug (Find & Develop), Tommy Sigmundstad (Build), Lars Høier (Produce), Øystein Arvesen (Optimise) and Knut Sandvik (PDO Projects). Strategic and support functions will be led by CFO David Tønne, Marit Blaasmo (Services), Thomas Hoff-Hansen (Digital), Paula Doyle (Strategic Innovation) and Rolf Nystein (Transformation). CEO Karl Johnny Hersvik continues to lead the combined team.

Gunvor Rebrands as Centalion, Plans Singapore Redomicile

Geneva – October 02, 2026 -- The employee partnership owning Gunvor Group Ltd has voted to rename the company Centalion Group Ltd and relocate its corporate headquarters from Cyprus to Singapore, marking the next phase after a December 2025 management buyout.

Partnership referendum backs new brand after six-month review

The name change followed a full partnership referendum in July 2026, preceded by six months of employee engagement and market-positioning research conducted by brand specialist Landor. Gary Pedersen, Chairman and CEO of Centalion, said the move reflects "one team, moving together, at the heart of the global energy markets," framing it as a step taken from a position of commercial strength rather than necessity.

CIP Commits EUR 270M to 350MW Scottish Battery Storage Project

Kilmarnock – October 02, 2026 -- Copenhagen Infrastructure Partners (CIP) has taken a Financial Investment Decision for Kilmarnock South, a 350 MW/1,400 MWh lithium-ion battery energy storage system in south Ayrshire, Scotland, committing over EUR 270 million (GBP 232 million) through its fourth flagship fund, Copenhagen Infrastructure IV.

Construction begins with commercial operations targeted for Q1 2028

Kilmarnock South is now under construction and is scheduled to reach commercial operations in the first quarter of 2028. At four hours of duration, it will become the longest-duration asset in CIP's UK storage portfolio once operational, designed to store surplus Scottish wind power and release it to the grid during periods of network capacity.

SQC, Schneider Electric Hit 20% Forecast Gains, Advance to Stage 2 Trial

Sydney – October 01, 2026 -- Silicon Quantum Computing (SQC) and Schneider Electric have advanced to Stage 2 of Australia's Critical Technologies Challenge Program (CTCP), securing A$3.6 million (US$2.5 million) in government funding after their quantum-enhanced forecasting trial delivered an average 20% accuracy improvement, with peak gains of 41%.

Quantum chip lifted next-day energy forecasting accuracy by up to 41%

In Stage 1, the partners applied SQC's atomically engineered Watermelon chip to Schneider Electric's next-day forecasting models over a 12-month dataset. Watermelon generates quantum features that combine with classical inputs to produce richer, more predictive models, outperforming the classical benchmark by an average of 20%.

Water Electrolysis Market to Hit $12.66B by 2034 as China Leads

Pune – October 01, 2026 -- The global water electrolysis market reached USD 7.43 billion in 2025 and is projected to climb to USD 12.66 billion by 2034, a 6.1% CAGR through the forecast period, according to a new report from Maximize Market Research (MMR).

Installed electrolysis capacity more than doubled to above 4 GW in 2025

Global installed electrolysis capacity surpassed 4 GW last year, with over 2.5 GW under construction and targeting operation in 2026. Capital spending on low-emissions hydrogen projects reached nearly USD 7 billion in 2025, almost double the 2024 figure, with electrolysis-based projects capturing the larger share of that total.

GEF Names Diego Mesa Puyo CEO as $4.3B GEF-9 Fund Cycle Launches

Washington – October 01, 2026 -- Diego Mesa Puyo began a four-year term as CEO and Chairperson of the Global Environment Facility (GEF), taking charge of the world's largest public environmental funder as it opens its GEF-9 cycle backed by more than $4.3 billion in initial donor pledges for 2026-2030.

UK adds £330 million to GEF-9 replenishment as total donor commitments pass $4 billion

The UK government pledged £330 million to the fund last week, pushing country commitments to the ninth replenishment above $4 billion. The capital will finance environmental protection and restoration programs through 2030, with deepened support planned for Least Developed Countries and Small Island Developing States, alongside expanded engagement with Indigenous Peoples and local communities.