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Renewable power company BrightNight closed a $375 million corporate credit facility — a pre-approved loan for an extended time period —to execute its U.S. renewable energy solutions portfolio, according to a Jan. 4 press release.
Funding for the portfolio, which includes solar, energy storage and integrated technologies, “will support equipment deposits, letters of credit and project buildout," the company said.
“It [the funding] enables us to accelerate our projects, procure equipment at attractive terms and deliver clean renewable power for our customers," BrightNight CEO Martin Hermann said.
2024-01-03 - Talos Energy’s discoveries are subsea tiebacks to the Ram Powel TLP in the Viosca Knoll area of the Gulf of Mexico.
2023-12-22 - Talos Energy said it was the apparent high bidder on 13 blocks in Lease Sale 261 and had executed lease exchange agreements with BP, Chevron and Hess Corp.
2024-01-02 - The Sparta development is Shell’s first operated deepwater Gulf of Mexico development project to tap into 20,000 psi reservoir.
2023-12-11 - Halliburton is working with Libra Consortium, led by Petrobras, to develop the twin, which will allow the consortium to run “what if” scenarios.
2024-01-02 - With Petrobras’ Mero-2 coming online, the Mero field is expected to reach a production capacity of over 410,000 bbl/d of oil.