Eaton Agrees EUR 810m COL Group Deal for European Grid and Data Centers
What happened Eaton has signed an agreement to acquire Italy-based COL Group from Oaktree Capital Management’s Power Opportunities strategy for an enterprise value of EUR 810 million, expanding its European manufacturing footprint in medium-voltage electrical distribution. The buyer frames COL as a specialist in SF6-free switchgear, grid automation technologies, and modular power systems aimed at […]
Genel Raises Capricorn Bid to $436m Topping Rival DNO Offer
What happened Genel Energy, through its Bidco vehicle, has lifted its recommended cash offer for Capricorn Energy after a rival bid from Norway’s DNO forced a reset of the London auction. Capricorn shareholders are now set to receive US$5.74 per share in aggregate value, made up of US$4.75 in cash plus an intended US$0.99 special […]
Energy Vault Adds 2.3 GW US BESS Pipeline Through Goshe Deal
Energy Vault Holdings has moved another step from technology supplier toward owned-asset operator. The company acquired a U.S. battery energy storage development portfolio from Boulder-based Goshe Energy Storage, adding more than 2.3 GW across 15 projects to its Asset Vault build-own-operate platform. Two ready-to-build sites totaling 350 MW sit at the front of that pipeline, […]
ESENTIA to Acquire Guadalajara-Manzanillo Gas Pipeline for $400 Million
What happened ESENTIA Energy Development has agreed to buy 100% of Energia Occidente de Mexico (EOM) for a gross purchase price of US$400 million. EOM owns and operates the roughly 313-kilometer Guadalajara-Manzanillo natural gas pipeline that runs from the Guadalajara area in Jalisco to Manzanillo, Colima, on Mexico Pacific coast. The system already interconnects with […]
TotalEnergies and GIP Seal $1.8B Africa Midstream Infrastructure Pact
TotalEnergies has turned a slice of its African midstream book into an immediate capital event. Global Infrastructure Partners (GIP), now under BlackRock, is putting US$1.8 billion into a partnership over some of the majors oil and gas infrastructure interests on the continent. In return, TotalEnergies will pay a throughput-based tariff for as long as 15 […]
Hitachi Energy Plans $528 Million Mississippi Transformer Factory
Hitachi Energy has outlined its largest single manufacturing bet in the United States to date: a $528 million transformer factory in Gallman, Mississippi. The plant sits at the center of a broader U.S. manufacturing expansion the company puts at about $1.5 billion, aimed at lifting domestic output of transformers and other critical grid equipment as […]
Santos Ties POSCO LNG Sale to Canadian Ksi Lisims Supply Deal
Santos is leaning harder into LNG portfolio trading, not just Australia and Papua New Guinea equity production. On 15 September 2026 it said it lined up a 10-year delivered-ex-ship supply arrangement with POSCO Steel and a separate heads of agreement to buy about 1 million tonnes a year from the proposed Ksi Lisims project in […]
Saudi East-West Pipeline Shutdown Tightens Global Oil Chokepoints
Saudi Arabia’s East-West oil pipeline, the main land bridge that has kept Gulf barrels moving while the Strait of Hormuz stays constrained, is offline as a precaution after multiple attacks. That turns a regional security story into a global supply-chain stress test for refiners, shippers, and fuel-intensive industries. What happened On 10 September 2026, the […]
Brent Near $100: Hormuz Risk Resets Oil Planning Assumptions
Brent crude is again pressing the $100-a-barrel zone as fighting across the Middle East intensifies and traders reprice the chance of a longer disruption to Gulf exports. For energy and industrial buyers, this is less a one-day spike and more a reminder that shipping risk, not just OPEC+ quotas, is setting the near-term price floor. […]