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Lightshift Energy, Basis Climate Complete Sale of ITCs for BESS Projects

POWER Magazine

Lightshift Energy, a developer, owner, and operator of energy storage projects, has partnered with Basis Climate to complete the sale of nearly $10 million of investment tax credits (ITCs) tied […] The post Lightshift Energy, Basis Climate Complete Sale of ITCs for BESS Projects appeared first on POWER Magazine.

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Electric Truck Developer Windrose Technology Completes Financing Round

NGT News

Electric heavy-duty truck developer Windrose Technology has completed the second phase of its Series B financing, raising the total funding for this round to $110 million.

Finance 100
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Flex LNG Completes Refinancing for Flex Courageous

Rigzone

The company said in a media release it completed a $175 million JOLCO lease financing, which generated net proceeds of approximately $42 million, extending debt maturity to 2035 and reducing the cost of debt by 1.5 “We are pleased to have completed our first refinancing of 2025 at very attractive terms. percent per year.

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Oil Prices Drop as China Retaliates With 125% Tariff on U.S. Goods

OilPrice

imposition of abnormally high tariffs on China seriously violates international and economic trade rules, basic economic laws and common sense and is completely unilateral bullying and coercion, Chinas Finance Ministry said in a statement. Oil prices, which had been climbing before China's announcement, dropped in response to the news.

Oil 279
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Eni sells 20% in its $14-billion low carbon business Plenitude

Oil & Gas 360º

The completion of the transaction is subject to customary regulatory approvals. Eni says that its so-called ‘satellite model’ of managing various divisions is based on creating separate entities that can independently access capital markets to finance their own growth and be suitable for specialized investors.

IT 130
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Energy Vault achieves successful close of $28 million in project financing for the Calistoga Resiliency Center, the world’s first ultra long duration hybrid green hydrogen energy storage microgrid serving California’s PG&E

Oil & Gas 360º

NYSE: NRGV) (Energy Vault or the Company), a leader in sustainable, grid-scale energy storage solutions, today announced the successful close of $28 million in project financing for its Calistoga Resiliency Center (CRC). The financing includes the completed sale of an Investment Tax Credit (ITC) associated with the CRC.

Finance 130
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Nuclear Plant Financing – Advanced Payments during Construction

Energy Central

Today we continue our series on nuclear project financing. In this post we will discuss why it may be a desirable for customers to start making payments during the construction period rather than wait until a nuclear plant has been completed as is the more traditional approach to new plant financing.

Finance 59