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Latest News in Energy

  • May 24, 2022

    Volvo Raises $536.7M In Second Green Bond Offering

    Swedish automaker Volvo Cars announced Tuesday that it has raised $536.7 million, or 500 million euros, in its second fixed-rate senior unsecured green bond offering to fund the company's energy efficiency goals and transition to selling fully electric vehicles by 2030.

  • May 24, 2022

    Ariz. Judge Axes Tribes', Enviros' Suits Over Copper Mining

    Native American tribes and environmental groups can't block a Hudbay Minerals Inc. subsidiary from mining copper ore in the Santa Rita Mountains, an Arizona federal judge has ruled, saying the company's decision to give up a federal permit meant there was nothing left for the plaintiffs to challenge.

  • May 24, 2022

    Brazos Wants To Set Trial Date On ERCOT $1.9B Ch. 11 Claim

    Bankrupt power provider Brazos Electric Power Cooperative Inc. told a Texas judge Tuesday that it wants to set a date for a trial over the $1.9 billion claim asserted by the Electric Reliability Council of Texas to resume even as mediation among the various parties is ongoing, saying it needs to move its case forward.

  • May 24, 2022

    2nd Circ. Case's Relevance Disputed In $1.4B Award Fight

    Luxembourg-based steelmaker ArcelorMittal on Monday rebutted arguments by Essar Group that a recent Second Circuit decision sending a dispute over a canceled $1.1 billion power plant project to Angola supports the Indian conglomerate's bid to toss litigation filed by the steelmaker to enforce a $1.4 billion arbitral award.

  • May 24, 2022

    Neumann's Post-WeWork Venture, Flowcarbon, Raises $70M

    A carbon credit company co-founded by former WeWork CEO Adam Neumann said Tuesday it raised $70 million to build a blockchain-based marketplace for buying and selling the credits. 

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