Energy Infrastructure

ATLANTA – October 30, 2026 -- Southern Company (NYSE: SO) will place its entire generation fleet, including nuclear, under a single executive from January 1, 2027, as part of a leadership overhaul announced by Chairman, President and CEO Chris Womack.

Kim Greene takes system operations, enterprise strategy and the full generation fleet

Kim Greene, currently chairman, president and CEO of Georgia Power, becomes president of Southern Company Operations. She will oversee generation, system planning, safety, transmission operations and policy, commercial operations, research and development, environmental affairs and sustainability, shared services and systemwide power delivery strategy. She will also lead enterprise strategy.

YANTAI – October 30, 2026 -- Jereh Group has launched its Saturn modular gas gensets, led by the SATURN C4 unit rated at 1,400 kW continuous output. The company says factory prefabrication cuts installation time by 70% and that gas-fired generation costs 60%-70% less than diesel.

The launch took place on October 28 at Jereh Equipment Manufacturing Industrial Park. The first genset rolled off the line the same day. Hanyang Li, Party Secretary and Chairman of Yuchai Group, led a delegation to the unveiling.

Yuchai supplies the power core, Jereh the integration and controls

Yuchai provides the high-performance power core. Jereh contributes equipment integration, intelligent control and global after-sales service. Saturn is a cornerstone of Jereh's Gas-to-Power strategy, which now covers gas treatment, gas boosting, clean generation and intelligent control.

NEW YORK – October 29, 2026 -- Baker Hughes booked an order for 34 Frame 5 and nine NovaLT16 gas turbines, about 1.1 GW of capacity, for a major U.S. technology company's AI computing development. It was one of several gas-to-power deals reported between October 21 and October 27, while Henry Hub gas traded at $2.76 per MMBtu.

Cheap gas moves the bottleneck to turbines, pipelines and grid rules

The Henry Hub spot price was $2.76 per MMBtu on October 27, according to the U.S. Energy Information Administration (EIA). Working gas in storage stood 35 Bcf above the five-year average in the week ended October 16. U.S. gross withdrawals hit a record 137 Bcf/d in July 2026, driven mainly by Permian Basin output.

Worcester, Mass. – October 22, 2026 -- CET Energy Solutions has launched as the parent of Commonwealth Electrical Technologies, Horton Electric and NuWave Energy, combining more than 300 employees across six locations in the Northeast, Mid-Atlantic and West Coast. The private equity-backed platform delivers projects nationwide.

Three acquired and founding businesses form the platform

Commonwealth Electrical Technologies, founded in Massachusetts in 2008, is the original business and keeps its name. Horton Electric, a Connecticut-based electrical contractor acquired in September 2026, also keeps its brand. NuWave Energy, acquired in 2025, operates in Massachusetts, California and Colorado and will move to the CET Energy Solutions name.

Dallas – October 17, 2026 -- The NXG Cushing® Midstream Energy Fund (NYSE: SRV) will become The NXG Cushing® Energy Infrastructure Fund effective October 17, 2026, after its Board of Trustees approved a new name and a broader 80% investment policy.

The ticker symbol SRV and the CUSIP 231631300 for the Fund's common shares will not change.

Caracas – October 14, 2026 -- North American Blue Energy Partners (NABEP) is deploying eleven new 550-horsepower workover rigs in Venezuelan oil fields, the first new mobile repair-and-maintenance systems to operate there in more than 15 years.

Two new 1,500-horsepower drilling rigs arrived on October 7, and the company expects more equipment soon. Separately, NABEP has bought 60 rigs, 30 steam boilers and 70 pieces of heavy machinery. The company says this gives it the largest heavy-equipment fleet in the country.

NABEP targets production above 1 million barrels per day

The company's near-term goal is to lift output to more than 1 million barrels of oil per day. NABEP says it has already scaled production from roughly 18,000 barrels per day to more than 200,000 in two years. It attributes the increase to about $1 billion in company-funded investment.

NABEP is expanding operations in Lake Maracaibo and the Orinoco Belt.

Dammam – October 12, 2026 -- Harbin Electric International (HEI) is delivering the 1,890-megawatt Nairyah 2 combined-cycle power plant in Saudi Arabia, a project tied to the Saudi Vision 2030 initiative, and has released a documentary on the build.

HEI staffs Nairyah 2 with engineers and workers from more than 13 countries

The workforce draws on Asia, Europe and the Middle East. Colleagues from Spain, South Korea, Pakistan and Saudi Arabia work on site together. HEI says language gaps and cultural differences were initially major barriers, and that its project team addressed them through open communication and shared goals.

On-site meetings bring together specialists from different backgrounds to develop technical solutions.

Valley View, Ohio – October 12, 2026 -- Peak Nano has secured two U.S. patents for dielectric capacitor films that it says deliver four times the energy density of current biaxially oriented polypropylene (BOPP) film and hold full capacity up to 135°C, versus the 85°C limit of industry-standard BOPP.

Patent US12427754B2 targets smaller capacitor banks with a multilayered HDC film

The first patent covers Peak Nano's corona-treated multilayered High Dielectric Constant (HDC) film. Its surface modifications are optimized for metallization, tighter winding and integration in wound metallized capacitors.

The company says the nanolayer architecture delivers four times higher energy density and greater stability than state-of-the-art BOPP. Engineers can design capacitor banks up to two times smaller, cutting cost and system complexity.

Columbus – – October 12, 2026 -- American Electric Power, acting for its subsidiary Southwestern Electric Power Company (SWEPCO), has opened a request for proposals to build, operate and maintain a natural gas pipeline lateral serving the Benton Unit 1 CCGT Natural Gas Project in Bossier Parish, Louisiana.

Gas Facilities will supply the plant's primary fuel

The scope covers the pipeline lateral and associated natural gas facilities, which the source collectively calls the "Gas Facilities." Once built, they will deliver natural gas as the primary fuel for the Benton Unit 1 combined-cycle plant.

Bidders must also offer mainline firm transportation capacity

The proposal package also seeks offers of mainline firm transportation capacity. Respondents can therefore pair physical construction and operation of the lateral with upstream capacity commitments.

CHARLOTTE, N.C. – October 08, 2026 -- Duke Energy has reached a settlement with North Carolina regulators and major tech firms that forces data centers and other large-load customers to pay upfront for all grid connection costs, shielding existing ratepayers from the expense of the state's data center boom.

Settlement expands cost protections to a wider pool of large-load customers

The agreement, filed with North Carolina Public Staff, lowers the threshold for mandatory customer protections from 100 megawatts to 50 megawatts with an 80% load factor. It applies to any electric service agreement signed after October 08, 2026, at Duke Energy Carolinas and Duke Energy Progress, the utility's two North Carolina subsidiaries.