CPP bets on Tallgrass

8 Rivers Capital has partnered with Siemens Energy to develop a zero-emissions turbine generating approximately 270MWe from captured carbon dioxide.
The project involves direct-fired super critical CO2 turbines across various applications and fuel types.
The partnership aims to create a pathway toward future commercial projects in carbon capture power generation.
Siemens Energy has chosen a commercially available generator for the AFC turbine and is leveraging its expertise for emission reduction.
A feasibility study for a biomass-fueled Allam-Fetvedt Cycle negative emissions power system, known as Biome, was completed, leading to a memorandum of understanding for commercial deployment.

The U.S. Department of Energy announced up to $52.5 million to advance carbon dioxide removal technologies.
This initiative targets hard-to-abate sectors like aviation and shipping to help achieve net-zero greenhouse gas emissions.
The American-Made Commercial Direct Air Capture Pilot Prize will support the development and deployment of direct air capture pilot projects.
The prize focuses on projects that demonstrate commercial readiness and aims to create well-paying jobs and stimulate private investment.
Winners of the prize could receive up to $12 million each for successfully operating a pilot direct air capture system for at least 2,000 hours.

Canada Pension Plan Investment Board has signed and closed an agreement to invest approximately $843 million in Tallgrass Energy.
Tallgrass Energy is a leading energy infrastructure company based in Denver, Colorado, operating over 10,000 miles of pipeline assets across 14 states in the U.S.
The company is focused on initiatives related to the global transition to a lower-carbon future, including CO2, hydrogen, renewable fuels, and decarbonized power.
CPP Investments views Tallgrass as an attractive investment opportunity due to its combination of traditional energy and decarbonization solutions.

Aalo Atomics has raised $27 million in its Series A funding round to accelerate its vision for a sustainable future.
The conceptual design of the Aalo-1, the company's first
commercial reactor, has been completed.
A Memorandum of Understanding has been signed with the DOE for the deployment of an experimental reactor, the Aalo-X, at the Idaho National Laboratory.
A Regulatory Engagement Plan has been submitted to the U.S. Nuclear Regulatory Commission in collaboration with a major potential customer for a fleet of Aalo-1 reactors.

Oklo Inc. has signed a Preferred Supplier Agreement with Siemens Energy for the power conversion system of the Aurora powerhouse.
This agreement aims to advance Oklo's goal of cost-efficient advanced fission technology.
The agreement follows a previously signed Memorandum of Understanding and enhances production scalability and cost efficiency.
Siemens Energy will provide steam turbine and generator technology, which are essential for nuclear generation plants.

LS Power has launched Lightning Power, an independent power producer with 11 GW of natural gas-fired generation.
The generation capacity is located in the PJM, ISO-NE, and NYISO markets.
Lightning Power includes 18 natural gas-fired projects owned by LS Power.
LS Power has developed over 47,000 MW of renewable and conventional power generation since 1990.

Sage Geosystems Inc. has announced a partnership with San Miguel Electric Cooperative Inc. to build a Geopressured Geothermal System.
This 3MW energy storage facility will be located in Christine, Texas, near a lignite coal power plant.
Sage will operate as a merchant, engaging in electricity trading with the ERCOT grid.
The EarthStore facility aims to provide sustainable, dispatchable electricity by utilizing the earth's natural energy storage capabilities.
The technology is designed to deliver reliable power that is independent of weather conditions.
The facility will target storage durations of 6 to 10 hours with a round-trip efficiency of 70 to 75 percent.

The U.S. Department of Energy announced a conditional commitment for a loan guarantee of up to $1.45 billion to support Qcells' solar supply chain manufacturing facility in Cartersville, Georgia.
Qcells plans to invest over $2.5 billion to enhance domestic solar manufacturing and innovation and negotiate a total investment of $2.8 billion.
The facility in Cartersville will manufacture ingots, wafers, cells, and finished panels at a multi-gigawatt scale.
Qcells aims to produce the full solar supply chain under one roof by the end of this year.
The company has highlighted the importance of onshoring solar manufacturing for a sustainable energy future in the U.S.
Qcells anticipates its total annual solar production capacity in Georgia will reach 8.4 GW, enough to power nearly 1.3 million homes a year.

RWE has signed two long-term power purchase agreements with Meta to supply clean electricity from solar farms in the U.S.
The agreements reinforce RWE's strategy to meet the growing demand for renewable energy.
RWE is currently constructing the 274 megawatt County Run Solar project in Illinois and the 100 megawatt Lafitte Solar project in Louisiana, both scheduled for commissioning in late 2025.
The electricity produced will contribute to Meta's goal of operating with 100% renewable energy.

Guidewheel raised $31 million in an oversubscribed Series B funding round led by Decarbonization Partners.
The funding aims to scale its AI-powered FactoryOps platform to enhance efficiency and sustainability in factories.
Guidewheel's technology connects non-invasive sensors to machines, providing real-time performance data.
Customers using Guidewheel reported a 41% increase in production from existing assets.
The platform allows manufacturers to manage energy consumption and track sustainability metrics.

EQT Private Equity will invest from its flagship fund EQT X and the impact-driven fund EQT Future to acquire a majority stake in AMCS.
AMCS provides a modern SaaS solution designed for various industries, including waste management, recycling, transportation, and utilities.
AMCS aims to help organizations achieve sustainability goals while navigating the complexities of the circular economy and maintaining regulatory compliance.
Founded in 2003 and headquartered in Ireland, AMCS serves over 3,800 customers in 80 countries, managing more than 700,000 vehicles globally.