BlackRock's GIP Nears $38 Billion Utility Giant AES Acquisition
BlackRock-owned Global Infrastructure Partners (GIP) is nearing a huge buyout of AES, a major utility focused on power for tech data centers and renewable energy grids.
/ 47 items
#Energy & Utilities↓
Warren Buffett's Berkshire Eyes $10B Deal for Occidental's Chemical Business
Berkshire Hathaway is in talks to acquire Occidental Petroleum's OxyChem division for approximately $10 billion, marking Buffett's largest deal since 2022.
Oklo Stock Downgrade: Why BofA Changed Its Tune
BofA downgraded Oklo stock. They like nuclear long-term, but feel the current high price is too risky now due to unrealistic valuation.
Array: Analysts Predict a Bright Future
Solar tracker giant Array got Buy ratings and $11 price targets. Focus on utility-scale and turnaround boosted confidence.
Occidental Petroleum Divests OxyChem to Reduce Debt
Buffett-backed Occidental Petroleum is preparing its largest-ever asset sale, aiming to sell its massive OxyChem division for an estimated $10 billion. This move is critical to help the company reduce its heavy debt burden.
LandBridge and NRG Plan Massive Texas Energy Hub
LandBridge and NRG have partnered to explore building a huge 1,100 MW power plant and data center site in West Texas.