Central Moloney, Inc., a portfolio company of Wind Point Partners, is pleased to announce its acquisition of Cam Tran Co. Ltd., the largest Canadian manufacturer of distribution transformers and the largest North American producer of amorphous metal transformers. The combination forms one of the largest producers of distribution transformers in North America with considerable capacity and diverse engineering capabilities.
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Here's why Enbridge (TSX:ENB) and TC Energy (TSX:TRP) are two pipeline stocks long-term investors want to consider on dips. The post Pipeline to Prosperity: Invest in Enbridge and TC Energy Stock ... Read More
A quick demolition for the end of life plant so that a new replacement can be built. Of course replacements after such a long life tend to be of newer more efficient design.
The demolition of the second of Callide C Power Station’s two cooling towers has been completed, paving the way for rebuild works to commence. This video shows the controlled drop of the remaining cells in the Unit C4 cooling tower by specialist contractors DEMEX.
The two cooling towers of the joint venture-owned Callide C are being rebuilt to enable the safe return to service of the 840 megawatt power station in 2024. Rebuild contractor IWC Australasia has been mobilised to site and works are well progressed on the contractor village to support their workforce.
We’ll continue to bring you further updates on the Callide C cooling towers rebuild project, including details of how it is providing an economic boost to local and Queensland suppliers. CS Energy owns Callide C in joint venture with IG Power.
DC SIGNS BIGGEST BATTERY STORAGE ASSET TO DATE
We’ve signed an optimisation agreement for Welkin Mill, a battery storage asset located in Manchester, UK!
The agreement marks our biggest battery storage asset yet and our second battery in the UK, where we will utilise our fully automated algorithmic setup to maximise returns across wholesale and ancillary services markets.
Under the agreement, DC will provide market access, balancing and optimisation services for Welkin Mill, which is owned by Equinor and is developed by Noriker Power Ltd.
Once operational, Welkin Mill will have a capacity of 35 MW/70 MWh and can store enough electricity to power over 100,000 UK homes for two hours.
“We are proud to announce Danske Commodities’ optimisation agreement for Welkin Mill. With more than 15 years of experience from British power markets, we will apply our trading expertise to optimise the battery storage asset and help provide much-needed flexibility to intermittent power generation. The UK is a core market for us, and we look forward to continuing growing our portfolio of renewables and flexible assets,” says our Head of European Power Trading Anders Kring Jensen.
Last year, we signed our first optimisation agreement in the UK for the 25 MW/50 MWh battery storage asset Blandford Road, which is also owned by Equinor and developed by Noriker.
Read more via the link in the comments 👇
#BESS#flexibility#powermarkets#energytrading#danskecommodities#energylikenoother
📸: Noriker Power Ltd.
🎯Looking for the latest insights in offshore wind energy? Join key industry players for a masterclass on supply chain advancements, with a focus on secondary steel in wind turbine construction. Stay ahead of the curve and connect with experts on March 5th in Aberdeen.
#RenewableEnergy#offshorewind
🔍🔍For more news and insights on the offshore wind sector, follow us at marinai (marin-ai.com)
Head of Events, UK | Supporting the energy sector identify and pursue business opportunities globally | Join our worldwide network and events programme
📢 Calling all Supply Chain Manufacturing Companies 📢
Don’t miss out and sign up to attend the first in the upcoming mini-masterclass series looking at supply chain offshore wind opportunities. Secure your place and register today.
During the day you will hear from Thistle Wind Partners, Forsyths Ltd, Energy Transition Zone Ltd, Scottish Manufacturing Advisory Service (SMAS) and Scottish Enterprise
🔸 Offshore Wind Manufacturing Opportunities - Secondary Steel
🔸 Tuesday 5th March 2024
🔸 Marcliffe Hotel, Aberdeen
⏲ 9h00 - 14h30
🔷 Secondary Steel refers to elements that fit on the main (primary) structural elements. These elements enable functions such as access to the turbine and protection for ancillary components. Secondary steel includes a wide range of subcomponents, from small scale items such as brackets and doors to large structures such as I and J Tubes, boat landings and work platforms weighing up to 50 tonnes.
#offshorewind#manufacturing#opportunities#supplychain#secondarysteel
Freda Miller, Jacqui Watt, Adam Swainbank, Laura Finlay, Andrew Rodden, Anna Maclaren, Kim Stephen, Rachel Cottiss, John Petchey, David Rennie, EIC (Energy Industries Council)
Very proud to be part of the successful completion of one of the largest single-asset continuation deals in Africa, with Copperbelt Energy Corporation Plc (CEC) as the cornerstone asset. This significant achievement was made possible with the backing of Norfund, a leading development finance institution, and Kommunal Landspensjonskasse gjensidig forsikringsselskap (KLP), Norway's largest pension fund, as well as acquisition debt financing from Standard Bank of South Africa.
Since our initial investment in CEC in 2014, Affirma Capital has assisted CEC in navigating numerous complex challenges by leveraging our significant shareholding and our active-collaboration strategies, thereby greatly enhancing the company's value over time. CEC, a leader in the transmission of power primarily from sustainable sources in Zambia, has been instrumental in promoting green energy in the region, underscored by its commitment to commissioning additional solar power projects. The continuation deal enables us to further contribute to CEC's sustainable growth and exemplifies the potential of Private Equity in managing assets in Africa over the long-term, while collaborating with like-minded investors and ensuring the return of capital at attractive rates to investors who may require an exit.
Thank you Mark Davis, Lisa Huun Thomsen, Christian Wright, Arnold van Wyk, Tseke Maserumule, Ceaser Siwale, Pirasath Parthipan and everyone who contributed to this achievement.
#Africaprivateequity#Continuationdeal#Renewableenergy#Sustainability#impactinvesting#Africa
President at Power Barge Corporation and Power Barge Solutions, Designer/Builder/Owner/Operator and now Power Barge leasing with over 36 years in power generation and power barges. 30K+ LinkedIn Friends and Colleagues
We are thrilled to announce that we have signed a contract to sell Carbon Sequestered Gas (CSG), a revolutionary, carbon-neutral natural gas product, to Kiewit Infrastructure South Co., a subsidiary of Kiewit Corporation. The CSG will be piped directly to their operations at Markum Business Park by Wilks Development in Fort Worth, TX. The introduction of CSG to the market and this initial sale align with our mission to help create a better world through our emission reduction and energy impact goals. For more details, visit https://bit.ly/4cBvmpp.
#FortWorthTX#EmissionReduction#Sustainability
The Midcontinent Independent System Operator (MISO) capacity auction in Missouri highlights challenges in planning power generation unit retirements. Recent retirements have left gaps in capacity, prompting concerns about grid reliability. Planning ahead for retirements is crucial to ensure a smooth transition and maintain a stable energy supply. The auction underscores the importance of strategic planning in shaping the future of energy generation and distribution. #generation#powergrid
Extremely excited to have the opportunity today to share with the public our 2023 successes and our 2024 plans to drive enhanced shareholder value. Our team has delivered on the new expectations set and then some. It's truly a pleasure to work with our great people. Highlights include:
-New company records and operational efficiency improvements in drilling footage (~50%), frac hours per day (~30%), and drillout footage (~50%)
-Successful Marcellus oil delineation over our Ohio acreage increasing our high-quality inventory
-Improved capital efficiency leading to flat YoY production for 10% less D&C capex in 2024
-YoY EHS metric reductions
-Healthy FCF generation in 2023 and for 2024+
Gulfport Energy Reports Fourth Quarter and Full Year 2023 Financial and Operating Results and Provides 2024 Operational and Financial Guidance
https://lnkd.in/gAT6qJ3Z
Congratulations to the Wind Point Partners team on the acquisition!