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17.12.25 - 23:36
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Stonepeak to Acquire Allgas (Business Wire)
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NEW YORK & SYDNEY--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has entered into a definitive agreement to acquire Allgas, a leading gas distribution network located in Queensland, Australia, from the APA Group (ASX: APA), Marubeni Corporation, and other shareholders.
Allgas is the provider of gas haulage infrastructure in the catchment area spanning Brisbane to the northern tip of New South Wales, and separately, Toowoomba and Oakey. Its extensive network includes approximately 3,900kms of distribution mains that supply approximately 120,000 households and businesses, nine gate stations, and 123,000 metering devices. Through its connection to major Queensland supply hubs and the extensive reserves available in the region, Allgas serves as a reliable source of energy distribution for its customers.
“This transaction underscores Stonepeak's long-held conviction in natural gas as an essential component of the ene...
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09.12.25 - 14:30
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Australia′s energy grid must triple capacity by 2050 with major increase to wind and solar, Aemo says (The Guardian)
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Market operator says capital cost of infrastructure under optimal path would be $128bn in today's dollars, but price of delay is even higherGet our breaking news email, free app or daily news podcastThe capacity of Australia's main electricity grid will need to triple by 2050 – including a fivefold expansion of large-scale wind, solar and storage – under the most likely development path, the national energy market operator says.The estimate is included in the Australian Energy Market Operator (Aemo) draft “integrated system plan” for the national electricity market, the power grid that connects the five eastern states and the ACT. Continue reading......
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17.11.25 - 05:36
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Buy, hold, sell: APA Group, Macquarie, and Rio Tinto shares (Fool)
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Are these shares buys, holds, or sells? Let's find out.
The post Buy, hold, sell: APA Group, Macquarie, and Rio Tinto shares appeared first on The Motley Fool Australia....
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10.11.25 - 00:12
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AGL Energy unlocks value with $750m Tilt Renewables stake sale (Fool)
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AGL Energy unlocks $750 million from divesting its Tilt Renewables stake, supporting strategic growth and the company's clean energy ambitions.
The post AGL Energy unlocks value with $750m Tilt Renewables stake sale appeared first on The Motley Fool Australia....
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21.10.25 - 16:06
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Bria Shea named President, Xcel Energy – Minnesota, North and South Dakota (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy today named Bria Shea as president, Xcel Energy – Minnesota, North Dakota and South Dakota, effective immediately.
Shea will oversee the operating company's strategic planning, financial results and operational outcomes, leading teams focused on customer, community, regulatory, legislative and government affairs. She brings a strong focus on operational excellence, customer service, energy innovation, speed to power and personal and public safety to the operating company as well as Xcel Energy as a whole.
“Bria has a steadfast commitment to make energy work better for our customers,” said Bob Frenzel, chairman, president and CEO. “Her extensive company, industry and regional knowledge, proven track record of strong regulatory and legislative results and well-established relationships with our state regulators and public stakeholders will be invaluable as she takes on her new responsibilities. In addition to her operating company role, I welcome her onto o...
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30.09.25 - 12:45
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Tamboran Reaches Final Investment Decision on its Shenandoah South Pilot Project (Business Wire)
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Highlights
The Beetaloo Joint Venture (BJV) has made a Final Investment Decision (FID) for the Shenandoah South Pilot Project, which is currently on track to commence first gas sales from mid-2026.
The decision by the BJV to take FID follows the execution of key commercial documents with APA Group and the SPCF Trust. This follows the signing of agreements with Native Title Holders, the Northern Land Council and the Northern Territory Government to secure approvals required to commence sales of appraisal gas under the Beneficial Use of Gas (BUG) legislation.
Tamboran and Daly Waters Infrastructure, LP (DWI) have also secured up to A$179.8 million (~US$118 million) via a three-tranche financing facility with a consortium of lenders for the construction of the Sturt Plateau Compression Facility (SPCF).
Tamboran is now in a position to fund its share of the upstream drilling and stimulation of the remaining Pilot Project wells required to reach plateau production and construction of the SPCF, subject to succe...
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