Energy, Utilities & Environment

National Grid Courts North Wales Suppliers After £116.2m Welsh Spend

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National Grid Courts North Wales Suppliers After £116.2m Welsh Spend

Caernarfon – – October 12, 2026 -- National Grid, which spent £116.2m with Welsh suppliers in 2025, is inviting North Wales businesses to a free Meet the Buyer event on Tuesday 6 October to compete for work on its Pentir to Trawsfynydd reinforcement project.

Event brings buyers and delivery partners together in Caernarfon

The session runs from 08:30 to 12:30 at the Celtic Royal Hotel & Spa in Caernarfon. It is delivered with Business Wales. Attendees will receive information on supplier requirements and procurement processes, and will meet National Grid and its Great Grid Partnership delivery partners Murphy, Morgan Sindall and M Group.

Project partners will outline potential work programmes. Advance registration is required through the Business Wales Event Finder.

National Grid Shifts to Bay Sharing for Connections up to 450 MW

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National Grid Shifts to Bay Sharing for Connections up to 450 MW

United Kingdom – October 12, 2026 -- National Grid Electricity Transmission is moving new transmission connection applicants toward shared "bay sharing" arrangements that let multiple customers with requirements of up to 450 MW connect through common facilities. The shift is part of Phase 2 of Connections Reform and aims to use existing assets more efficiently and reduce the need for dedicated infrastructure.

Three shared connection products are now on offer

Grid Parks connect up to three customers through a shared transformer and lower-voltage infrastructure. They suit smaller customers with requirements up to approximately 57 MW and are already used across the transmission network.

Super Grid Parks use higher-voltage infrastructure for larger customers or more customers, with projects of around 150 MW as the target. They are aimed at new substations where future customer growth can be planned.

National Grid Removes Two 180-Tonne Transformers at Pelham Substation

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National Grid Removes Two 180-Tonne Transformers at Pelham Substation

Pelham, United Kingdom – October 12, 2026 -- National Grid has removed two transformers, each weighing about 180 tonnes, from Pelham Substation, clearing the site for two new 300-tonne quad boosters due between February and April 2027 under its North London Reinforcement (NLR) project.

The units had been in service for around 35 years. Contractors Murphy and Equans worked with National Grid on the removal, with around 20 people involved in planning and execution.

Phased decommissioning took about one month per transformer

Crews dismantled each transformer in a phased, controlled process under approved safety procedures. Before lifting, the team inspected internal components to assess their condition and performance over time. National Grid said the findings will inform the design and management of future transformers.

Eric Sprott Commits US$40M to Highlander Silver Placement

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX: HSLV) has secured a US$40 million non-brokered private placement from strategic investor Eric Sprott, who agreed to buy 8,060,226 common shares at C$6.80 each.

Sprott is described as an arm's length investor and is already a strategic shareholder of the company. The shares carry a statutory four-month hold period under Canadian securities laws.

Highlander expects US$100 million in cash after closing the Bear Creek combination

President and CEO Daniel Earle said the added capital will accelerate growth plans across the portfolio. With the investment, the company expects to hold US$100 million in cash at the closing of its previously announced combination with Bear Creek Mining, disclosed on December 19, 2025.

The combination would add the Corani silver project, which Earle described as one of the largest permitted primary silver deposits in the world.

Highlander Silver Closes US$40M Private Placement With Eric Sprott

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX: HSLV) has closed a non-brokered private placement with investor Eric Sprott, raising aggregate gross proceeds of US$40 million through the issuance of 8,060,226 common shares.

The shares were priced at C$6.80 each. The source states the proceeds in U.S. dollars and the share price in Canadian dollars.

Highlander Silver earmarks proceeds for mineral project advancement

The company plans to use the net proceeds to advance its mineral projects and for working capital and general corporate purposes. It gave no allocation by project or budget line.

Highlander Silver is primarily focused on the San Luis gold-silver project in Central Peru, adjacent to the past-producing Pierina mine.

Highlander Silver Wins NYSE American Approval, Trading March 11

Toronto – October 12, 2026 -- Highlander Silver Corp. has received approval to list its common shares on the NYSE American LLC, with trading expected to begin Wednesday, March 11, 2026, under the symbol "HSLV."

The company will keep its existing Toronto Stock Exchange listing under the same ticker, giving it a dual-listed structure across Canadian and U.S. exchanges.

Highlander Silver holds assets in Peru and Mexico

The company is advancing a portfolio in Peru that includes the San Luis gold-silver project and the Corani silver project. It also operates the Mercedes gold-silver mine in Mexico.

According to S&P Global rankings cited by the company, San Luis ranks among the 10 highest-grade projects globally in both the gold and silver categories.

Highlander Silver Forecasts US$60M Year-End Cash After Bear Creek Deal

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX, NYSE American: HSLV) held about US$100 million in unaudited cash and no debt as of March 31 and forecasts a year-end cash balance of roughly US$60 million, according to its first portfolio update since completing the combination with Bear Creek Mining.

The Mercedes gold-silver mine in Sonora, Mexico, made a positive cash contribution in its first month of operations after restructuring under the new owner. President and CEO Daniel Earle said the baseline spending plan preserves flexibility to scale up exploration programs later in the year.

Highlander Silver Maps Corani Targets Beyond Resource Footprint

Toronto – October 12, 2026 -- Highlander Silver Corp. (TSX, NYSE American: HSLV) reported that a geophysical study of its Corani Silver Project in Peru shows a mineral system far more extensive than historical drilling coverage, with untested potential to the west and south beneath shallow post-mineral cover. The company also reported an unaudited cash balance of about US$100 million and no debt.

Surveys cover over 90 km of IP-resistivity and 600 km of airborne magnetics

The study integrates historical datasets with the first airborne magnetic survey at Corani and more extensive induced polarization-resistivity surveys than previously undertaken. Highlander completed over 90 km of IP-resistivity and over 600 km of airborne magnetic surveys, and integrated the results with lithology, alteration and resource models, mapping and core logging data.

Highlander Silver Mandates Natixis CIB for $330M Corani Loan

Toronto – October 12, 2026 -- Highlander Silver Corp. has signed a mandate letter with Natixis Corporate & Investment Banking to lead a fully underwritten, 7-year, $330 million senior secured structured project finance facility for the Corani Silver Project in Peru.

The company will back the facility with a cost overrun facility of up to $100 million, which must be established before the first draw. Final facility amounts remain subject to due diligence. As of June 30, Highlander Silver reported cash of about $100 million and no debt.

Peak Nano, E&P Team Up on U.S.-Made Fusion-Grade Capacitors

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Peak Nano, E&P Team Up on U.S.-Made Fusion-Grade Capacitors

Valley View – October 12, 2026 -- Peak Nano and E&P Technologies have formed a strategic partnership to co-develop high-energy-density capacitors built on Peak Nano's NanoPlex HDC dielectric film, targeting fusion drivers, aerospace and aviation systems with million-shot duty cycles.

E&P selects NanoPlex HDC as the base for a new capacitor class

E&P Technologies chose NanoPlex HDC as the foundation for capacitors designed for fusion drivers, pulsed power systems and demanding aerospace and aviation environments. Peak Nano arranges multiple polymers in nanoscale configurations. Compared with traditional polymer dielectric films, the company says the result is higher energy density, improved thermal stability and enhanced electrical reliability.