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16.12.25 - 18:06
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I Squared Capital Accelerates U.S. Energy Transition with Acquisition of Oregon′s Premier Renewable Fuels Terminal (Business Wire)
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The new company will be headquartered in Portland and is expected to complete the terminal's transition from fossil fuel storage in 2027
MIAMI--(BUSINESS WIRE)--I Squared Capital (“I Squared”), a leading independent global infrastructure investor, today announced that its Energy Transition Infrastructure Fund (“ETIF”) has entered into a definitive agreement to acquire 100% of the Zenith Energy Terminal in Portland, Oregon, a major Renewable Diesel (“RD”) and Sustainable Aviation Fuel (“SAF”) logistics hub on the U.S. West Coast. The terminal is essential to helping Portland and the State of Oregon meet their clean fuel policy goals.
Based in Portland's Northwest industrial district, the terminal includes 1.7 million barrels of storage capacity and multimodal connectivity via rail, marine, truck and pipeline. As part of an agreement with city officials, the terminal is on track to convert 100% of its fossil fuel storage to renewable fuel by October 2027. It is a critical component of Port...
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09.12.25 - 07:06
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Wärtsilä′s first power plant with synchronous condenser feature to support renewable energy integration for Australian mining operation (Cision)
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Wärtsilä Corporation, Trade press release, 9 December 2025 at 8:00AM EET
Technology group Wärtsilä will supply the engines, controls, and auxiliary equipment for a new 120 MW power plant in Kalgoorlie, Western Australia. The contract has been placed by Australian Independent Power Producer (IPP) Zenith Energy Operations. The plant is expanding the power supply of one of Australia's largest gold mines, Kalgoorlie Consolidated Gold Mines (KCGM), owned by Northern Star Resources Ltd. The order was booked by Wärtsilä in Q4 2024. Power production is anticipated to begin in mid-2027 subject to...
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09.09.25 - 15:01
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Today is the first day of the subscription period in Zenith′s offering of Swedish Depository Receipts in connection with the planned listing on Spotlight Stock Market (Cision)
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Today, September 9, 2025, is the first day for subscription of Swedish Depository Receipts (“SDRs”) in Zenith Energy Ltd.'s (“Zenith” or the “Company”) (LSE: ZEN; OSE: ZENA) issue to the general public in Sweden and to institutional investors in Sweden and internationally (the “Offering”) in connection with the planned listing of the SDRs on Spotlight Stock Market (“Spotlight”). The subscription period ends on September 23, 2025.
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW...
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08.09.25 - 08:36
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Zenith receives conditional approval for listing on Spotlight Stock Market and publishes memorandum (Cision)
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Zenith Energy Ltd. (“Zenith” or the “Company”) (LSE: ZEN; OSE: ZENA), the listed international energy production and development company, has applied for and received conditional approval for admission to trading (the “Listing”) of the Company's Swedish Depositary Receipts (“SDRs”) on Spotlight Stock Market (“Spotlight”). In connection with the Listing, the Company intends to carry out an issue of SDRs to the general public in Sweden and to institutional investors in Sweden and internationally of approximately SEK 25 million, to further broaden the shareholder base (the “Offering”). The...
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17.06.25 - 00:06
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KKR Acquires Leading Australian Independent Power Producer Zenith Energy (Business Wire)
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Transaction marks latest infrastructure investment in ANZ and renewable energy investment in APACSYDNEY--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the signing of definitive agreements to acquire Zenith Energy (“Zenith” or the “Company”), a leading independent power producer (“IPP”), from a consortium including Pacific Equity Partners, OPSEU Pension Trust (“OPTrust”), and Foresight Group (together the “Consortium”), with Zenith's founder and management retaining a minority stake. KKR's investment will position Zenith well for continued long-term growth on the back of favorable sector fundamentals and macro tailwinds.
Zenith specialises in the delivery of sustainable and reliable hybrid power solutions for remote, off-grid resource sector clients and urban microgrids for commercial, industrial, and residential precincts. Zenith provides an essential service for Australia's large off-grid mining industry and the Company has established a strong track recor...
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