Gibson Energy’s Post

Worth reading what THE Federal Energy Regulatory Commission issued so far this year. #energy #transmission #naturalgas #reliability #capacitymarkets

Mast Energy Developments PLC is thrilled to announce a significant advancement in our operations with the submission of a Capacity Market contract application for Pyebridge, targeting the maximum capacity of 8.1MW. This initiative aligns with our broader strategic goal of achieving a total capacity of 300MW across our portfolio. This application represents a pivotal step forward for Pyebridge and underscores our commitment to maximising the potential of our flexible power generation asset. Securing this contract is expected to substantially enhance the gross profit income generated from the site, further solidifying MED’s position in the energy market. Pieter Krügel, CEO of MED, expressed enthusiasm about this achievement, stating, "The submission of the 8.1MW Capacity Market contract application is a remarkable milestone for Pyebridge. This development not only reflects our operational capabilities but also sets the stage for future growth and increased profitability. Our target of reaching a total capacity of 300MW demonstrates our commitment to expanding our operations and maximising value for our stakeholders." https://lnkd.in/egHAKaqs

Dive into Alexander Ruus' Top Picks for May 28, 2024 from BNN Bloomberg's Market Call. Alexander Ruus, Portfolio Manager at Arrow Capital Management Inc: Known for his strategic investment insights and stock-picking skills. 📈 Polaris Renewables LLC (PIF.TSX): A growing green electricity producer in South and Central America, offering a 6.65% dividend yield and strong growth potential. 📈 Pfizer (PFE.NYSE): A global pharmaceutical leader with a robust product pipeline and a 5.82% dividend yield, trading at attractive valuations. 📈 Tamarack Valley Energy Ltd (TVE) (TVE.TSX): A Canadian oil and gas producer focusing on high-returning oil plays, providing a 4.18% dividend yield and significant growth prospects. These companies represent strong investment opportunities with excellent growth potential. #Investing #StockMarket #TopPicks #AlexRuus #ArrowCapitalManagement #PolarisRenewables #Pfizer #TamarackValley https://lnkd.in/gz2zjYeT

HMT LLP, led by Partner Paul Read, Director Corin Briault - Hutter and Manager Francis Drysdale, have recently advised Connection Capital in its investment in Winder Power to support the MBO. Read more here... #dealadvisory #dealclosing #managementbuyout #mbo #hmtllp #hmtfamily #winderpower #mandadeals #dealdone #financeandaccounting #financialadvisory #financialservices #fintech #henleyonthames

We’re excited to share some positive progress on our Pyebridge flexible power generation asset, driving us closer to our goal of 300+ MW green energy capacity! This continued success highlights the strong momentum of MED’s Pyebridge project and positions us for a promising future. Key Achievements: • July 2024 revenue increased by 16% to £66,000 (up from c. £57,000 previously reported), following receipt of Imbedded Benefits. • August preliminary revenue stands at £46,000, excluding Imbedded Benefits, with an average revenue of £21,000 per MW for the month. • 57% gross profit margin achieved, with August electricity sales price outperforming the market by 75%. •  Progress on the second genset refurbishment is on track, positioning us to submit the maximum 8.1MW Capacity Market contract by the end of September. #Mast #EnergyGeneration #GreenEnergy #RevenueGrowth #FlexiblePower #Pyebridge https://lnkd.in/etnD7E83

What is interesting here is that #MAST $MAST has proved that its projects can get to FCF positive and that it is now hitting its delivery targets as re-advertised after various funding delays that were out of its control. It also adds some support to $KIBO #KIBO, which has a stake in MAST. KIBO is currently is suspended whilst it produces its audited accounts and has undergone a restructuring which has entailed a change in strategy. KIBO was also impacted by funding delays outside its control. There is some sense now that both companies have turned or are turning a very important corner. Pieter Krügel Mast Energy Developments PLCKibo Energy PLC #renewableenergy #energy #reservepower #criticalinfrastructure

Our latest update on the utility services sector includes key investor insights and considerations, including what we’re reading, recent Harris Williams publications, and select utility services transactions. Our Q1 brief shares how recent trends are impacting M&A activity in the space.

We are updating our 2024 outlook on the investor-owned North American regulated utility industry to negative. Given the relatively high percentage of companies with negative outlooks, we expect that 2024 will likely be the fifth consecutive year that downgrades outpace upgrades. To read more, see our report here: https://ow.ly/VAbK50QCAlK

VH Global Sustainable Energy Opportunities (#GSEO) - the #London listed Company managed by Victory Hill - is pleased to announce that it agreed to acquire and build two fully-permitted #solar PV sites with co-located #battery #energy #storage systems (#BESS) in New South Wales, #Australia for a total consideration of £16.9m. Adding two 4.95MW solar PV sites to the existing Australian #EnergyTransition Programme brings the total capacity of the programme to 37MW / 60MWh across seven assets. With #construction beginning in Q2 2024, completion is expected in early 2025. Once fully #operational, the #portfolio is expected to combine merchant sales, frequency stability services revenues, long-term offtake contracts and sales of large-scale generation (green) certificates. This additional #investment to the Australian Energy Transition Programme is expected to #support the #Company in meeting its target total #NAV return of 10% #net and #unlevered, and annual #dividend. More details in the announcement.

Our latest update on the utility services sector includes key investor insights and considerations, including what we’re reading, recent Harris Williams publications, and select utility services transactions. Our Q1 brief shares how recent trends are impacting M&A activity in the space.