Tag: Utilities

One Equity Partners
United States

One Equity Partners Completes Acquisition of EthosEnergy

Investment Supports Company’s Continued Growth as Global Electricity Demands Increase Press Release – January 02, 2025 – NEW YORK – One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has completed an investment in EthosEnergy, a global independent service provider focusing on rotating equipment for customers in the power generation, energy, industrial, and aerospace and defense markets. “As we seek to enhance … Continue reading One Equity Partners Completes Acquisition of EthosEnergy

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Ignite Power
Middle East

Ignite Power’s Subsidiary Westa Solar Secures $15 Million Investment from AFRIGREEN to Expand Across Africa’s C&I Sector

Press Release [Lagos] – Ignite Power has secured $15 million in senior debt financing from Afrigreen Debt Impact Fund (“AFRIGREEN”), a leading renewable energy investor focused on Africa, for its subsidiary Westa Solar, which specializes in commercial and industrial (C&I) solar energy. This substantial investment will fuel Ignite’s ambitious expansion plans, targeting vast, underserved market segments across West Africa by offering innovative and flexible financing … Continue reading Ignite Power’s Subsidiary Westa Solar Secures $15 Million Investment from AFRIGREEN to Expand Across Africa’s C&I Sector

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Hitachi Energy
Europe

Hitachi Energy advances toward carbon neutrality in its transformer operations in Figeholm, Sweden

Press Release – 09-12-2024 Hitachi Energy is investing in a new renewable energy generation plant, adjacent to its factory, which is another step toward becoming carbon neutral in its own operations. The new renewable energy facility provides a sustainable and long-term solution for the Figeholm factory – producing cellulose-based insulation materials for power transformers – in line with the Hitachi Energy Sustainability 2030 Strategy to be carbon-neutral … Continue reading Hitachi Energy advances toward carbon neutrality in its transformer operations in Figeholm, Sweden

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ION Water
United States

ION Water Launches ION Water Positive Intelligence Service

-Partners with affordable housing developers to reduce water consumption and costs by more than 50%- Press Release – November 18, 2024 – LOUISVILLE, Ky. – ION Water today launched ION Water Positive Intelligence, a water optimization service that allows affordable developers to reduce water consumption and monthly water expenses by more than 50%. “We help our affordable housing partners maintain the most efficient water performance … Continue reading ION Water Launches ION Water Positive Intelligence Service

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CenterPoint Energy logo. (PRNewsFoto)
United States

CenterPoint Energy Outlines Plan to Minimize May 2024 Derecho Storm Bill Impact for Electric Customers

Press Release – Nov 08, 2024 Company plans to spread emergency Derecho response costs of approximately $450 million across 15 years; Customer bill impact expected to be about $1 per month Financial method expected to save customers more than $50 million in interest charges Derecho storm caused more than an estimated $5 billion in damages across the Greater Houston area unrelated to CenterPoint infrastructure HOUSTON, Nov. 8, 2024 /PRNewswire/ — As part of its commitment to keeping customer … Continue reading CenterPoint Energy Outlines Plan to Minimize May 2024 Derecho Storm Bill Impact for Electric Customers

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Hitachi Energy
Europe

70 years of HVDC: How power electronics are shaping the future of energy

Press Release – Zurich, Switzerland – 23-10-2024 This year marks the 70th anniversary of High-Voltage Direct Current (HVDC) technology, a transformative force that has revolutionized power transmission and enabled the integration of renewable energy on a global scale. At Power Electronics & Energy Days in Stockholm, Hitachi Energy celebrates this milestone while highlighting the critical role of power electronics in shaping the future of energy. … Continue reading 70 years of HVDC: How power electronics are shaping the future of energy

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Exelon
United States

Cynthia McCabe Named Exelon Senior Vice President, Chief of Staff and Chief Communications Officer

McCabe to lead communications and marketing functions across Exelon and its six local energy companies. October 17, 2024 – CHICAGO – Exelon Corp. (Nasdaq: EXC) has announced the promotion of Cynthia McCabe to senior vice president, chief of staff and chief communications officer, effective Nov.1, 2024. “Cynthia’s extensive communications experience, combined with her leadership of key culture change initiatives over her tenure at Exelon, make … Continue reading Cynthia McCabe Named Exelon Senior Vice President, Chief of Staff and Chief Communications Officer

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Hitachi Energy
Europe

75 years of powering India: Hitachi Energy announces investments to support the country’s energy transition journey

Press ReleaseZurich, Switzerland 07-10-2024 The company plans to invest around $250 million USD (INR 2,000 crore) in expanding capacity, portfolio, and talent base to support the accelerating global demand for clean energy solutions. Hitachi Energy has taken pride in contributing to various nation-building projects in India over the last 75 years. From Hindustan Electric to Hindustan Brown Boveri, ABB Power Grids, Hitachi ABB Power Grids, … Continue reading 75 years of powering India: Hitachi Energy announces investments to support the country’s energy transition journey

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