Energy, Utilities & Environment

Abu Dhabi, UAE – September 03, 2026 -- ePointZero will acquire a 90% stake in Azura Power Holdings Limited, a pan-African independent power producer with 752 MW of operating capacity across Nigeria, Senegal and Mozambique.

ePointZero buys out Actis and Africa50 stakes via new acquisition vehicle

ePointZero has partnered with Amaya Capital, Azura Power's founding partner, to establish an acquisition vehicle through which it will take over the respective ownership stakes held by Actis and Africa50. Amaya Capital, which founded Azura Power in 2010, will retain a 10% minority interest. The deal remains subject to customary regulatory approvals and closing conditions.

Paris – September 03, 2026 -- CHINT presented a portfolio of high-voltage transformers, SF6-free switchgear and data center power systems at CIGRE 2026, targeting Europe's grid operators as they contend with surging AI-driven electricity demand.

CHINT displays 1,000 kV and 750 kV transformer technology for high-voltage transmission

Under its Green Power Grid & High Voltage lineup, the company showcased 1,000 kV low-loss, low-noise oil-immersed power transformers alongside 750 kV natural ester oil-immersed units. It also presented SF6-free medium- and high-voltage switchgear, including 24 kV, 145 kV and 420 kV SF6-free gas-insulated switchgear (GIS), aimed at cutting environmental impact in grid infrastructure.

WASHINGTON – September 03, 2026 -- The National Petroleum Council (NPC) has issued nine recommendations urging Congress and federal agencies to launch a coordinated national program to assess America's subsurface energy and mineral resources, warning that over 80% of the country's energy needs depend on assets that remain largely unmapped for decades.

The report, titled "American Resources for a Secure Future: A National Cooperative Subsurface Assessment Program," was commissioned by U.S. Secretary of Energy Chris Wright and developed by roughly 80 experts spanning state government, Tribal organizations, industry, and academia. It was approved by a full vote of NPC membership.

Houston – September 03, 2026 -- Summit Midstream Corporation (NYSE: SMC) has reached a final investment decision on a mainline compression expansion for its Double E Pipeline, backed by a new 200 MMcf/d long-term firm transportation agreement with an investment-grade shipper.

Open season secures 550 MMcf/d of new take-or-pay commitments

Double E Pipeline, LLC concluded an open season that generated 550 MMcf/d of binding long-term commitments, pushing total contracted firm capacity on the system to approximately 2.2 Bcf/d. The expansion will add a bi-directional mainline compressor station that increases forward haul capacity to the Waha Hub by roughly 900 MMcf/d, with an in-service target of the fourth quarter of 2028. Double E has already placed a purchase order for the long-lead gas turbine compression units to lock in manufacturing slots, though the project still requires FERC and other regulatory approvals.

Espoo, Finland – September 03, 2026 -- Valmet will supply a flue gas condensing plant to Helen's Salmisaari K6 pellet heating plant in Helsinki, an order booked in Valmet's second-quarter 2026 order intake with commercial start-up scheduled for the second half of 2027.

Helen targets more heat output from existing biomass fuel volumes

The system recovers heat previously lost in flue gases, converting water vapor from combustion into usable thermal energy that is fed back into Helsinki's district heating network. This raises district heat output without increasing pellet consumption, supporting Helen's goal of maximizing renewable energy yield and cutting emissions in its heat production. Helen aims for net-zero emissions by 2040.

Abu Dhabi, UAE – September 03, 2026 -- ePointZero, a subsidiary of 2PointZero Group, has agreed to acquire a 90% stake in Azura Power Holdings, a pan-African independent power producer with 752 MW of operating capacity across Nigeria, Senegal and Mozambique.

ePointZero enters African power generation via a 752 MW operating platform

The deal marks ePointZero's first entry into African power generation, acquiring the ownership stakes previously held by Actis and Africa50 through a new acquisition vehicle formed with Amaya Capital. Azura Power's founding partner, Amaya Capital, will retain a 10% minority interest, having built the platform since 2010.

Hong Kong – September 03, 2026 -- PetroChina Company Limited reported profit attributable to owners of RMB 103.94 billion for the first half of 2026, up 22.0% year-on-year and marking the first time the company's half-year net profit has exceeded RMB 100 billion. Revenue reached RMB 1,527.49 billion, a 5.3% increase, while basic earnings per share stood at RMB 0.57.

Hong Kong – September 03, 2026 -- PetroChina Company Limited reported first-half 2026 revenue of RMB 1,527.49 billion, up 5.3% year-on-year, with profit attributable to owners reaching RMB 103.94 billion, a 22.0% increase that marks the first time the company has exceeded RMB 100 billion in profit within a half-year period. Basic earnings per share stood at RMB 0.57.

CHAM, Switzerland  -- September 01, 2026 -- EYKON officially unveiled its new brand today, completing a separation from Landis+Gyr EMEA and establishing itself as an independent utility infrastructure technology company serving more than 75 markets.

CHAM, Switzerland -- September 01, 2026 -- EYKON unveiled its new corporate brand on Aug. 31, 2026, completing the separation of the former Landis+Gyr EMEA business into an independent utility infrastructure technology company.