BP PLC’s (BP) shares took a dip in pre-market trading on Tuesday after the company released its third-quarter earnings report. […]
Results for: Renewables
Italian energy giant ENI S.p.A. has reported a 14% year-over-year decline in its third-quarter pro forma adjusted EBIT, primarily attributed to lower oil prices. However, the company also announced an increase in its share buyback program and a new partnership to explore the development of lithium-iron-phosphate batteries for energy storage and electric vehicles.
ArcLight Infrastructure Partners has announced the launch of SkyVest Renewables, an operating-focused renewables investment initiative. SkyVest will acquire and operate utility-scale wind and solar assets, leveraging its expertise and ArcLight’s resources to drive value enhancement. The initiative is backed by an initial $500 million capital commitment from ArcLight and the acquisition of a 160 MW operating wind farm in Texas.