Energy, Utilities & Environment

Hamilton, Bermuda – – October 01, 2026 -- Borr Drilling Limited (NYSE: BORR, OSE: BORR) has locked in new commitments for three premium jack-up rigs, extending contract coverage across West Africa and the North Sea into mid-2027.

Norve wins 245-day firm scope off West Africa

An undisclosed operator issued a binding letter of award for the Norve, covering a firm scope of three wells over an estimated 245 days. The contract is set to start mid-December 2026, keeping the rig committed into August 2027, with priced options adding a further 175 days of potential work.

Shell exercises option on Natt in Nigeria

Shell Nigeria Exploration and Production Company has exercised a one-well option on the Natt. Based on the current well program, the rig is expected to remain under contract with Shell into early August 2027.

New York – October 01, 2026 -- Con Edison generated $24.8 billion in total economic output and supported 39,700 jobs across New York State in 2025, according to a new economic impact report developed with HR&A Advisors. The utility serves 9.5 million people and more than 340,000 businesses across New York City and Westchester County.

Con Edison's operations supported nearly 40,000 jobs statewide in 2025

The company directly employed more than 14,000 workers, with each Con Edison job supporting an additional 1.8 jobs across New York State. More than half of Con Edison's employees are union members, a rate approximately three times the industry average. The company's 2025 economic activity represented approximately 1 percent of New York State's gross domestic product.

Washington, D.C. – September 30, 2026 -- E2, a nonpartisan business organization for climate and clean energy policy, has merged operations with Cleantech Leaders Roundtable (CTLR), folding CTLR's executive network into E2's base of more than 13,000 business leaders nationwide.

CTLR becomes an E2 program while keeping its brand and leadership team

Under the agreement, CTLR retains its name and identity but operates as a program of E2, gaining access to E2's national and state policy, advocacy, and communications resources. CTLR CEO Ann Davlin and other CTLR staff are joining the E2 team. The deal lands as CTLR approaches its 10th anniversary in 2027.

Vancouver – September 30, 2026 -- Lode Gold Resources Inc. (TSXV: LOD; OTCQB: LODFF; X27: FR) has named Patrick W. Garretson as Senior Technical Advisor to its Fremont Gold Mine project in Mariposa, California, bringing 35 years of operational experience from South32, Newmont, Goldcorp, Barrick and BHP Billiton to the brownfield asset.

Garretson led feasibility work on South32's Hermosa Project in Arizona

Most recently, Garretson served as Project Lead for Technical Services and Feasibility Study at South32's Hermosa Project, overseeing the Taylor-Hermosa Feasibility Study through mine design, permitting and planning. He holds a B.Sc. in Geology from Fort Lewis College and is a member of the Geological Society of Nevada, Arizona Geological Society and AusIMM.

Boston – September 30, 2026 -- ArcLight Capital Partners has completed the acquisition of a 50% stake in IATP, a 5.4 GW power portfolio spanning 11 infrastructure assets across North America, with Invenergy retaining the remaining 50% ownership and continuing to operate the platform.

Portfolio combines contracted revenue with dispatchable generation for AI-driven demand

IATP pairs a substantial base of existing contracted revenue with near-term recontracting opportunities and potential expansion projects, targeting electricity demand growth from AI, data centers and broader economic electrification. The portfolio includes four combined-cycle facilities: Grays Harbor Energy Center in Washington, Nelson Energy Center in Illinois, Lackawanna Energy Center in Pennsylvania, and St. Clair Energy Centre in Ontario.

Austin – September 30, 2026 -- Ørsted has begun construction on Blackwater Solar, a 200 MW solar farm in Roosevelt County, New Mexico, marking the Danish energy developer's first project in the state.

Project will supply power equivalent to 56,000 homes under long-term contract

Located between Portales and Clovis, Blackwater Solar is backed by a long-term power purchase agreement designed to meet rising industrial electricity demand within the Southwest Power Pool territory. The facility will generate enough electricity annually to power the equivalent of more than 56,000 homes. Ørsted sourced the project's solar panels from domestic manufacturer First Solar. Commercial operations are expected to begin in late 2027.

Munich – – September 30, 2026 -- Germany's day-ahead power prices spiked to around €210/MWh during summer heatwaves this year, levels typically seen only in winter, according to LSEG data cited by Reuters, even as the same market recorded 573 hours of negative wholesale prices in 2025.

Heat and oversupply pushed Europe's power market to opposite extremes within hours

Rising cooling demand collided with reduced nuclear output caused by high river temperatures and low water levels, while weak wind conditions and lower thermal efficiency tightened supply further. Hours later, the same grids faced the reverse problem: too much electricity. The International Energy Agency found negative-price hours accounted for roughly 6% of the year in 2025 across Germany, France, Spain and the Netherlands.

Singapore – – September 30, 2026 -- Kenon Holdings Ltd. has agreed to acquire a 25% equity interest in Vicinity District Energy for approximately $450 million, as part of a broader transaction valuing the company at $2.92 billion.

Antin Infrastructure Partners exits majority stake in $2.92 billion deal

The current owner, an entity related to Antin Infrastructure Partners, is selling a majority interest in Vicinity to a buyer jointly owned by Kenon and funds managed by Harrison Street Asset Management (HSAM). Under the Equity Purchase Agreement, the buyer will acquire between approximately 60% and 100% of Vicinity Holding Company. A consortium of lenders has committed non-recourse debt financing of up to $1.4 billion to fund part of the purchase price and future growth capital expenditures.

Hangzhou, China – September 30, 2026 -- Hoymiles Power Electronics has launched HoyUltra 2000M, a commercial and industrial energy storage system that cuts required on-site construction work from an estimated 46 hours to 10 hours.

Integrated design shrinks system footprint by 15%

HoyUltra 2000M combines battery, power conversion system (PCS), thermal management, static transfer switch and fire protection into a single unit. Compared with a conventional setup using 10 storage containers in parallel, Hoymiles states the integrated design reduces system footprint by approximately 15% and lowers the volume of external equipment and on-site wiring needed.

London – September 30, 2026 -- Kinetics has acquired the LNG carrier Arctic Voyager for conversion into a Floating Storage and Regasification Unit (FSRU) named LNGT Akdeniz, expanding its floating LNG infrastructure fleet.

Converted vessel will deliver 650 mmscfd regasification capacity

The multi-spec FSRU will have storage capacity of approximately 143,000 cbm and a regasification flow rate of 650 mmscfd, built on Moss-type cargo tanks with an expected economic life of 20 years. Delivery of the converted unit is scheduled for the third quarter of 2028.