Glennmont Partners

Octopus sells a minority stake in Kraken for $1 billion in a deal valuing the tech platform at $8.65 billion, initiating its spin-off and strengthening its position among international energy suppliers.
Frontera Energy has signed a crude supply deal worth up to $120mn with Chevron Products Company, including an initial $80mn prepayment and an option for additional funding.

Amplify Energy finalises Oklahoma asset sale for $92.5mn

Amplify Energy has completed the sale of its Oklahoma assets for $92.5mn, as part of its strategy to streamline its portfolio and optimise its financial structure.
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NextNRG strengthens its domestic battery supply by signing a memorandum of understanding with A123 Systems, targeting the deployment of energy storage systems manufactured in the United States across its national project portfolio.
AltaGas has finalised a labour agreement with union ILWU Local 523B, ending a 28-day strike at its Ridley Island propane terminal, a key hub for Canadian exports to Asia.

Fusion Fuel launches €30mn hydrogen investment platform in Spain

Fusion Fuel, through its subsidiary BrightHy Solutions, has set up a €30mn ($32.9mn) funded platform to develop industrial hydrogen projects, with the first site expected in Spain in 2026.
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Amber Grid has signed an agreement to maintain gas transit to Russia’s Kaliningrad exclave, with a daily capacity cap of 10.5 mn m³ until the end of 2030, under a framework regulated by the European Union.
Cindrigo Holdings has secured the extension of its three geothermal permits in Germany and plans to benefit from a new loan programme launched by public bank KfW.

Lebanon prepares to buy Egyptian gas to reduce fuel dependence

Lebanon engages in a memorandum of understanding with Egypt to import natural gas and support its electricity production, with infrastructure rehabilitation and active funding searches required to secure delivery.
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State-owned Nigerian company NNPC has opened a bidding process to sell stakes in oil and gas assets as part of a portfolio restructuring strategy.
Zimbabwe awards India’s Jindal Steel a $455mn contract to add 400 megawatts, or 20% of national demand, through the rehabilitation of its coal-fired Hwange plant.

Offshore growth in the Caribbean accelerates development of oil logistics hubs

As offshore projects expand, Caribbean nations are investing in shore bases and specialised ports to support oil and gas operations at sea.
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Turkish, Hungarian and Polish national companies confirm participation in Tripoli's summit as Libya revives upstream investments and broadens licensing opportunities.
India’s public sector SECI seeks to outsource the design and management of an energy trading software platform, including technical support and human resources for five years at its New Delhi headquarters.

India launches tender for 1 GW of renewable power with battery storage

The Solar Energy Corporation of India has opened a tender to purchase 1 GW of excess electricity from projects connected to the interstate grid, combined with battery storage systems.
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LG Energy Solution terminated a KRW3.9tr agreement with Freudenberg Battery Power System amid the US electric vehicle market’s decline and its partner’s strategic withdrawal.
Ankara confirmed new Russian funding for the Akkuyu project, Turkey’s first nuclear site, strengthening its energy ties with Moscow and advancing its domestic nuclear ambitions.

Woodside signs nine-year LNG supply deal with Turkish company BOTAŞ

Australian producer Woodside has signed a binding agreement with Turkish state-owned company BOTAŞ for the delivery of 5.8 billion cubic metres of LNG starting in 2030.
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The French government has issued an exclusive mining exploration permit to TBH2 Aquitaine to explore natural hydrogen in the Pyrénées-Atlantiques, bringing the young company’s total number of authorisations to two.
Niger’s military regime disputes theft allegations by French prosecutors after uranium stock vanished from a nationalised site previously operated by Orano.
Q ENERGY has announced the entry of three local and citizen-based partners into the capital of the Ventajou wind farm, marking its first strategic equity opening to institutional and community investors.
The Norwegian government has allocated two areas of the Utsira Nord project to the Equinor–Vårgrønn and EDF–Deep Wind Offshore consortia, launching a preparatory phase before a competitive state aid auction.

RWE commissions its repowered Muel wind farm in Spain

German group RWE has replaced 27 old turbines with three new high-performance units at its Muel wind farm, doubling energy output and earning ZeroWaste certification.
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Synera Renewable Energy Group has signed a long-term power purchase agreement with Taiwan Smart Electricity & Energy, securing a portion of generation from the Formosa 4 wind farm.
Italian group Agsm Aim has completed the acquisition of four wind farms in Apulia totalling 52.6 MW, marking a new step in its national growth strategy in the renewable energy production sector.

Offshore wind supplies 17% of UK electricity 25 years after Blyth launch

Twenty-five years after the opening of the first offshore wind farm at Blyth, offshore wind now provides nearly a fifth of the United Kingdom’s electricity and supports a domestic industry employing 40,000 people.
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Edison plans to launch over 500 MW of new wind and solar construction sites in Italy in 2026, backed by a €600mn ($647mn) investment, as part of its strategic growth plan in renewable energy.
GE Vernova will equip the Gurbanesti wind farm with 42 onshore 6.1 MW turbines in a second deal with Greenvolt in Romania, consolidating a combined capacity of around 500 MW.

RWE secures 68 MW of renewable capacity in Italy’s FER-X auction

RWE has secured contracts for four renewable energy projects totalling 68 MW in Italy, with construction set to begin in 2026, reinforcing its expansion strategy in the market.
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RWE and TotalEnergies will install 66 Reef cubes® around the foundations of 11 turbines at the OranjeWind wind farm, marking one of the largest applications of artificial reefs in the North Sea.
Swedish energy group Vattenfall introduces "Rewind", an interactive platform designed to commercially repurpose technical parts from dismantled wind turbines.

Onshore wind in Southeast Asia held back by rigid policies and congested grids

The rapid growth of onshore wind in Southeast Asia is at risk due to inflexible public policies and inadequate power transmission infrastructure.
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Enefit Green has sold its only wind farm in Finland to Canadian fund TD Greystone Infrastructure Fund, refocusing operations on the Baltic states and Poland in a regional concentration strategy.
McDonald’s UK commits to purchasing all electricity from the Douglas West Extension Wind Farm, a 66 MW project developed by Capital Dynamics in Scotland, under a long-term agreement managed by ENGIE.

OX2 strengthens presence in Romania with 235 MW of acquired wind projects

Swedish developer OX2 acquires three onshore wind projects totalling 235 MW in Romania, pushing its portfolio beyond 1.1 GW in a rapidly growing market.
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Danish group Vestas is expanding its blade plant in Poland and creating more than 300 jobs to supply turbines to Germany, the leading onshore wind market in Europe.
The UK government has approved the development consent for the 480 MW Morecambe offshore wind farm, a project led by Copenhagen Infrastructure Partners and scheduled to enter construction in 2027.

Infinity Power launches construction of 200 MW wind farm in Egypt

Infinity Power has started work on its 200 MW wind project in Ras Ghareb, strengthening its position in the African market with technical support from China's POWERCHINA Huadong.
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A partnership between the European Investment Bank and Crédit Agricole CIB aims to generate up to €8 billion in wind energy investments across the European Union through a bank guarantee mechanism.
With a €600mn ($652mn) contribution, the European Investment Bank becomes the main lender of the BC-Wind offshore wind project developed by Ocean Winds off the Polish coast.