Energy News
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May 20, 2026 at 2:58 AM
Q1 2026 Earnings Release: Cadeler Reports Strong Q1 Performance Driven by Fleet Expansion and Operational Activity in Line With Expectations
COPENHAGEN, Denmark--(BUSINESS WIRE)--Today, Cadeler (Cadeler A/S and, together with its subsidiaries, the “Group”) announced its financial results for the first quarter of 2026. Cadeler reported revenue of EUR 125 million in Q1 2026, compared to EUR 65 million in the same period last year, driven primarily by increased contracted activity following the expansion of Cadeler’s operating fleet. EBITDA increased to EUR 47 million from EUR 24 million in Q1 2025. During the quarter, Cadeler’s fleet...
May 20, 2026 at 2:09 AM
Hafnia’s Q1 2026 Financial Results Presentation to Be Held on 27 May 2026
SINGAPORE--(BUSINESS WIRE)--Hafnia Limited (“Hafnia”, the “Company”, OSE ticker code: “HAFNI”, NYSE ticker code “HAFN”) will release its Q1 2026 results at approximately 07:30 CET on the 27th of May 2026. In connection with this release, Hafnia will hold an investor presentation with Mikael Skov (CEO), Perry van Echtelt (CFO), Søren Skibdal Winther (VP), and Thomas Andersen (EVP). The details are as follows: Date: Wednesday, 27 May 2026 Location Local Time Oslo, Norway 14:30 CET New York, U.S...
May 19, 2026 at 8:04 PM
Nouveau Monde Graphite Officially Launches Construction of the Matawinie Mining Project With a Ground-Breaking Ceremony
SAINT-MICHEL-DES-SAINTS, Quebec--(BUSINESS WIRE)--Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX: NOU) held today a groundbreaking ceremony marking the official start of construction of the Matawinie mine project in Saint-Michel-des-Saints, Quebec, in the presence of the Right Honourable Mark Carney, Prime Minister of Canada, Bernard Drainville, Quebec Minister of Economy, Innovation and Energy and Minister responsible for the Maritime Strategy, as well as partners, electe...
May 19, 2026 at 4:55 PM
GE Vernova Declares Third Quarter 2026 Dividend
CAMBRIDGE, Mass.--(BUSINESS WIRE)--GE Vernova (NYSE: GEV) today announced that its Board of Directors has declared a $0.50 per share quarterly dividend. The quarterly dividend will be payable on July 14, 2026, to shareholders of record as of June 16, 2026. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on GE Vernova’s earnings, financial condition, cash requirements, prospects, and other factors. Additional Information GE Vernova’s websit...
May 19, 2026 at 4:30 PM
Everus to Participate in Upcoming Investor Conferences
BISMARCK, N.D.--(BUSINESS WIRE)--Everus Construction Group (NYSE: ECG) announced today that President and CEO Jeffrey S. Thiede and Vice President and Chief Financial Officer Maximillian J Marcy will participate in these upcoming investor conferences: KeyBanc Capital Markets Industrials & Basic Materials Conference Date: May 27 Venue: InterContinental Boston Stifel 2026 Cross Sector Insight Conference Date: June 2 Venue: InterContinental Boston In conjunction with these events, Everus execu...
May 19, 2026 at 4:12 PM
Mereo Insurance Announces Move into Excess Casualty Insurance
HAMILTON, Bermuda--(BUSINESS WIRE)--Mereo Insurance Limited (“Mereo”) today announced a renewal rights transaction with Everen Specialty Ltd. (“ESL”), a member of the Everen Group, for ESL’s Excess Casualty Energy portfolio. Under the transaction, Mereo will become the insurance carrier on a go-forward basis for both new and renewed business effective June 1, 2026. ESL’s underwriting team and underwriting systems supporting the Excess Casualty Energy portfolio will also transition to Mereo, led...
May 19, 2026 at 1:06 PM
Avangrid and Puget Sound Energy Sign Contract for Washington Energy Project
BICKLETON, Wash.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the Big Horn I project in Klickitat County, Washington. With a nameplate capacity of 199.5 Megawatts (MW), Big Horn I can generate enough electricity for about 70,000 homes annually. This expands the relationship between Avangrid and PSE, representing the fourth PPA executed by t...
May 19, 2026 at 1:00 PM
JST Power Equipment Opens Virginia Transformer Manufacturing Facility to Support Power for Utilities and Data Center Demand
WYTHEVILLE, Va.--(BUSINESS WIRE)--JST Power Equipment (JST), a global provider of advanced electrical power solutions, today announced the opening of its new manufacturing facility in Wytheville, Virginia, marking the company’s eleventh global factory and a major expansion of its North American manufacturing capabilities. The Wytheville facility reflects JST’s continued investment in manufacturing close to its customers and strengthens the company’s ability to support growing demand across util...
May 19, 2026 at 12:54 PM
MN8 Energy Brings 100 MW / 400 MWh Battery Storage Project Online in Southern California
POWAY, Calif.--(BUSINESS WIRE)--MN8 Energy has brought its 100MW/400MWh Pome battery storage project online in Poway, CA, fully contracted to Sonoma Clean Power....
May 19, 2026 at 12:51 PM
CAMS Selected to Deliver Integrated Services for Aviator Wind, One of the Largest Single Site Wind Projects in the United States
HOUSTON--(BUSINESS WIRE)--CAMS to deliver integrated asset management, O&M, and compliance services for Aviator Wind, a 525 MW Texas wind project supporting ERCOT....
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