Core Insights - XCF Global has announced key leadership changes aimed at optimizing strategy and accelerating growth in the Sustainable Aviation Fuel (SAF) sector [2][4][5] Leadership Changes - Chris Cooper has been appointed as the new Chief Executive Officer (CEO) and Board Director, effective November 7, 2025. He has extensive experience in the energy transition sector, previously serving as President of Neste U.S. and in senior roles at Phillips 66 and Chevron [3][9] - Wray Thorn, a current board member, has been appointed as Interim Board Chair, succeeding Mihir Dange, to focus on strategic growth and governance initiatives [4][5] - Randy Soule, founder of New Rise Renewables and the largest shareholder, will work closely with Cooper as Senior Operations Adviser to ensure operational excellence [6][7] Strategic Focus - The leadership changes come at a critical time for XCF Global, as demand for SAF is increasing globally. The company aims to leverage its modular facility design and international partnerships to lead in this market [4][5] - The management team, including CFO Simon Oxley, is positioned to drive new growth opportunities and enhance shareholder value through their combined expertise in renewable fuels and capital markets [8] Company Overview - XCF Global is dedicated to accelerating the aviation industry's transition to net-zero emissions by developing and operating advanced SAF production facilities. The company is listed on the Nasdaq Capital Market under the ticker SAFX [11]

HOUSTON, Nov. 10, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTC: HYOR), a clean-energy technology company developing multi-fuel engines and waste-to-methanol systems, today announced the signing of a Memorandum of Understanding (MOU) with Zeltech (Zero Emissions Locomotive Technologies) to jointly develop and deploy HyOrc’s hydrogen-ready gas-engine locomotives in the United States. This dual focus on two high-growth, high-margin markets strengthens HyOrc’s positioning as it advances toward its OTCQB upli ...

Core Insights - Plug Power Inc. anticipates generating over $275 million in liquidity improvements through asset monetization, release of restricted cash, and reduced maintenance expenses [1] Group 1: Strategic Initiatives - Plug Power has signed a non-binding Letter of Intent to monetize its electricity rights in New York and collaborate with a U.S. data center developer, focusing on providing auxiliary and back-up power solutions using its fuel cell technology [2][3] - The company will suspend activities related to the Department of Energy loan program and reallocate capital towards higher-return opportunities within its hydrogen network [4] Group 2: Market Position and Growth - Plug Power is expanding its presence in the data center sector, which is increasingly demanding reliable, low-carbon energy solutions [3] - The company has established a hydrogen supply agreement with a global industrial gas leader, which will reduce the immediate need for self-developed hydrogen generation [4][5] Group 3: Operational Capacity - Plug Power has deployed over 72,000 fuel cell systems and 275 fueling stations, making it the largest user of liquid hydrogen [7] - The company’s total hydrogen production capacity is now 40 tons per day, with operational plants in Georgia, Tennessee, and Louisiana [7] Group 4: Clientele and Partnerships - Plug Power supports major global companies such as Walmart, Amazon, Home Depot, BMW, and BP through its advanced manufacturing capabilities [8]

Core Insights - The Mont Sorcier project is progressing towards a feasibility study completion targeted for Q2 2026, focusing on high purity magnetite iron production in Quebec [1][16] Project Overview - The Mont Sorcier project can produce a premium 67% iron concentrate, classified as a Critical Mineral Project by Canadian and Quebec governments, contributing to the decarbonization of the steel industry [2][18] - The project is expected to have a long mine life of approximately 20 years, with high margins and low operating costs due to its location and existing infrastructure [3][7] Production and Development Plans - The project is being designed for an expanded production rate of 8 million tonnes per annum (MM tpa), up from the previously planned 5 MM tpa, with a phased development approach [5][16] - Phase one aims to deliver an initial 4 MM tpa of concentrate, with an additional 4 MM tpa expected to come online in the third year of operation [5] Cost and Infrastructure - Phase 1 capital costs are anticipated to increase by approximately 30-40% compared to the Preliminary Economic Assessment (PEA) due to revised designs and inflation [6] - The project benefits from existing rail and port infrastructure, which will support its development and operational efficiency [3] Resource and Environmental Considerations - The company has completed significant resource definition work, totaling 17,890 meters, to support an updated Mineral Resource Estimate [7] - Efforts are being made to optimize the site layout to minimize environmental impacts, with ongoing progress on the Environmental and Social Impact Assessment (ESIA) [8][9] Government Support and Market Demand - There is strong governmental support for developing critical mineral mines in Quebec, which aligns with the project's strategic importance [3] - The demand for high-grade Direct Reduction Iron (DRI) material is growing at approximately 10% per annum, significantly outpacing the broader iron ore market [2]

PETRONAS, Enilive, and Euglena have begun construction of a 650,000-tonne-per-year biorefinery in Pengerang, Malaysia, marking a major step toward scaling up sustainable fuel production in Asia by 2028. Pengerang Biorefinery Sdn. Bhd., a joint venture between Malaysia’s PETRONAS, Italy’s Enilive S.p.A., and Japan’s Euglena Co., Ltd, has officially broken ground on a new biorefinery complex within the Pengerang Integrated Complex (PIC) in Johor. Once operational in the second half of 2028, the facility wil ...

Japan’s offshore wind auctions should include broader feedback and a better pricing criteria, according to an industry group, following setbacks that have dented the country’s plans to decarbonize https://t.co/aOpuvmkClB ...

Core Insights - Nuclear energy is emerging as a vital solution for clean and reliable energy, particularly as the world shifts away from fossil fuels [2][9] - Innovations in nuclear technology, such as small modular reactors (SMRs) and portable microreactors, are enhancing the safety, efficiency, and accessibility of nuclear power [3][9] - The nuclear energy sector is supported by government initiatives and growing demand for stable energy sources, particularly from data centers and AI technologies [19][21] Uranium Miners - Cameco Corp. is one of the largest uranium producers globally, operating high-grade mines in Canada, the U.S., and Kazakhstan, positioning itself to meet rising global demand [7] - Denison Mines Corp. focuses on high-grade uranium projects in the Athabasca Basin, with its Wheeler River Project being a significant asset for low-cost production [8] - NexGen Energy is advancing the Rook I project in Canada, aiming for innovative mining techniques to enhance efficiency and environmental responsibility [10] Nuclear Industrials - Oklo Inc. is developing ultra-compact micro-reactors for remote locations and industrial sites, utilizing recycled nuclear fuel for sustainability [11] - BWX Technologies specializes in nuclear components and services, focusing on advanced reactors and small modular reactor technology [12] - Centrus Energy Corp. supplies low-enriched uranium and is developing high-assay, low-enriched uranium for advanced reactors, positioning itself strategically in the fuel supply chain [13] Nuclear Utilities - Constellation Energy Corp. is the largest producer of carbon-free energy in the U.S., operating nuclear plants and exploring partnerships for next-generation technologies [14] - Public Service Enterprise Group operates nuclear plants in the U.S. and is committed to a low-carbon future, supporting regional power demands [15] - PG&E Corp operates California's last nuclear power plant, the Diablo Canyon Power Plant, ensuring a stable, low-emission power supply [16]

Financial Data and Key Metrics Changes - Quarterly fee-related earnings grew 17% year-over-year to $754 million, while distributable earnings increased 7% to $661 million [5][25] - Fee-bearing capital reached $581 billion, an 8% increase year-over-year, driven by record fundraising [5][24] - The margin for the quarter was 58%, consistent with the prior year, and up 1% over the last 12 months [26][27] Business Line Data and Key Metrics Changes - Infrastructure and renewable power raised $30 billion, deployed $30 billion, and monetized over $10 billion at approximately 20% returns over the past 12 months [11] - The private equity business launched its seventh vintage, focusing on essential service businesses, with expectations for it to be the largest fund ever [18][20] - Real estate business saw approximately $23 billion in property sales, representing $10 billion of equity value over the past 12 months [21] Market Data and Key Metrics Changes - Global M&A volumes increased nearly 25% year-over-year, with $1 trillion in announced deals in the third quarter, the highest since 2021 [7][8] - The demand for electricity is increasing at an unprecedented rate, driven by electrification trends and the surge in electricity demand from data centers [16][17] Company Strategy and Development Direction - The company is launching an AI Infrastructure Fund to capture opportunities in AI-related infrastructure investments, estimated to exceed $7 trillion over the next decade [14] - A landmark partnership with the U.S. government to construct $80 billion in new nuclear power reactors positions the company at the forefront of clean energy initiatives [18] - The company aims to double its business by 2030, with plans to expand product offerings and diversify its investor base [30][31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong fundraising momentum and expects 2026 to exceed 2025 levels [37][38] - The company is well-positioned to meet the increasing demand for power solutions, leveraging its renewable power business [17][23] - Management highlighted the importance of operational improvement as a key driver of value creation in the current economic environment [73] Other Important Information - The company declared a quarterly dividend of $43.75 per share, payable on December 31 [32] - The acquisition of the remaining 26% in Oaktree Capital Management is expected to close in the first half of 2026, enhancing the company's credit capabilities [9][32] Q&A Session Summary Question: Fundraising momentum and management fee growth outlook for 2026 - Management expects fundraising to exceed 2024 levels and anticipates strong growth in management fees driven by new acquisitions and fundraising [37][38] Question: Credit business fee rate and growth aspirations - The elevated fee rate was driven by a mix shift and one-off transaction fees, with a positive trend expected in the credit business [42][43] Question: Integration benefits from acquiring Oaktree - The acquisition will allow for operational synergies, improved marketing, and client service capabilities, enhancing overall value [49][52] Question: Retail market momentum and distribution strategy - The company is seeing robust momentum in the retail market and is focused on building relationships with key stakeholders to capture growth opportunities [55][56] Question: Corporate direct lending outlook - Management remains cautious about direct lending due to competition but sees strong opportunities in credit related to real assets and infrastructure [60][61] Question: Private equity fund outlook amidst market backdrop - The company is optimistic about its private equity fund due to its focus on essential assets and consistent performance across market cycles [72][75] Question: Broadening the client base for fundraising - The company has dedicated teams targeting small and medium-sized institutions, family offices, and insurance institutions, leading to significant growth [79][80]

Financial Data and Key Metrics Changes - Quarterly fee-related earnings grew 17% year-over-year to $754 million, while distributable earnings increased 7% to $661 million [5][25] - Fee-bearing capital reached $581 billion, an 8% increase year-over-year, driven by record fundraising [5][24] - The company raised $30 billion in the third quarter, bringing total inflows over the past 12 months to more than $100 billion [7][24] Business Line Data and Key Metrics Changes - The infrastructure and renewable power franchise raised $30 billion, deployed $30 billion, and monetized over $10 billion at approximately 20% returns over the past 12 months [11] - The private equity business launched its seventh vintage, focusing on essential service businesses, with expectations for it to be the largest fund ever [18][75] - The real estate business sold approximately $23 billion of properties, representing $10 billion of equity value over the past 12 months [21] Market Data and Key Metrics Changes - Global M&A volumes increased nearly 25% year-over-year, with $1 trillion in announced deals in the third quarter, the highest since 2021 [8] - The demand for electricity is increasing at an unprecedented rate, driven by electrification trends and the surge in electricity demand from data centers [16][17] Company Strategy and Development Direction - The company is launching an AI Infrastructure Fund to capture opportunities in AI-related infrastructure investments, estimated to exceed $7 trillion over the next decade [14] - A landmark partnership with the U.S. government to construct $80 billion of new nuclear power reactors was announced, positioning the company at the center of clean baseload power development [18] - The company plans to double its business by 2030, with fee-related earnings reaching $5.8 billion and fee-bearing capital reaching $1.2 trillion [31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong fundraising momentum and expects 2026 to exceed 2025 levels [37][38] - The company is well-positioned to meet the increasing demand for power solutions, leveraging its renewable power business [17][23] - Management highlighted the importance of operational improvement as a key driver of value creation in the current economic environment [73] Other Important Information - The company declared a quarterly dividend of $43.75 per share, payable on December 31 to shareholders of record as of November 28 [32] - The acquisition of the remaining 26% in Oaktree Capital Management is expected to close in the first half of 2026, enhancing the company's credit capabilities [9][32] Q&A Session Summary Question: Fundraising momentum and management fee growth outlook for 2026 - Management expects fundraising to exceed 2024 levels and anticipates strong growth in management fees driven by new acquisitions and fundraising [37][38] Question: Credit business fee rate and growth aspirations - The elevated fee rate was driven by a mix shift and one-off transaction fees, with a positive trend expected in the credit business [42][43] Question: Integration benefits from acquiring Oaktree - The acquisition will allow for operational synergies, improved marketing capabilities, and enhanced client service [49][52] Question: Retail market momentum and distribution strategy - The company is seeing robust momentum in the retail market and is focused on building relationships with key stakeholders to capture growth opportunities [55][56] Question: Private equity outlook amidst market backdrop - The private equity business is expected to perform well due to its focus on essential assets and operational improvement, differentiating it from peers [73][75]

Financial Data and Key Metrics Changes - Brookfield Infrastructure Partners reported third quarter Funds from Operations (FFO) of $654 million, or $0.83 per unit, representing a 9% increase compared to the previous year, driven by strong organic growth [3][4] - The company maintained a well-capitalized balance sheet with liquidity totaling $5.5 billion at the end of the third quarter [8] Business Line Data and Key Metrics Changes - Utilities segment generated FFO of $190 million, slightly ahead of the prior year, benefiting from inflation indexation and over $450 million of capital added to the rate base [3][4] - Transport segment's FFO was $286 million, lower than last year due to asset sales, but slightly ahead when adjusted for capital recycling initiatives [4] - Midstream segment generated FFO of $156 million, a 6% increase year-over-year, driven by strong customer activity levels [5] - Data segment's FFO was $138 million, a significant increase of over 60% compared to the prior year, attributed to a full quarter contribution from a tower portfolio acquisition in India and strong organic growth [5] Market Data and Key Metrics Changes - The company noted strong volumes across its networks and rate increases on rail networks and toll roads, contributing to solid underlying performance in the transport segment [4] - The data segment's growth was supported by the commissioning of new capacity at hyperscale data centers and increased billings at U.S. retail colocation data centers [5] Company Strategy and Development Direction - Brookfield Infrastructure has secured six new investments totaling over $1.5 billion, including a $1.3 billion New Zealand natural gas infrastructure operation and a $1 billion South Korean industrial gas business [9][10] - The company is focusing on AI-related infrastructure, expecting to deploy up to $500 million annually into this sector, which represents a significant growth opportunity [13] - The outlook for the company remains favorable, with expectations for new investments to deliver returns above the 12%-15% target range [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to source the best opportunities despite increased competition in the data sector, emphasizing their global franchise and access to significant capital [17][19] - The company is optimistic about the macroeconomic backdrop and long-term mega trends such as digitalization, deglobalization, and decarbonization driving future growth [13] Other Important Information - The company completed a $700 million corporate issuance of medium-term notes at a historically tight credit spread, enhancing liquidity and supporting growth initiatives [6][8] - Brookfield Infrastructure has generated over $3 billion in proceeds from asset sales this year and aims to achieve a further $3 billion over the next 12-18 months [11] Q&A Session Summary Question: Thoughts on rising competition for capital deployment opportunities - Management acknowledged increased competition in the data sector but remains confident in their ability to source opportunities due to their global presence and capital access [17][19] Question: Timing and success metrics for LP unit repurchases and ATM program - Management indicated that they are contemplating the program to increase liquidity and avoid dilution for existing shareholders, but specifics on measuring success were not provided [20][22] Question: Future IPOs for midstream assets following RockPoint's success - Management stated that public markets remain a potential exit strategy for monetizing assets, depending on market conditions [26] Question: Investment thesis for CenterSquare and future growth opportunities - Management expressed optimism about the growth potential of CenterSquare, highlighting significant expansion opportunities and a robust capital deployment plan [28][29] Question: Market interest in stabilized data center portfolios - Management noted strong demand for the data center portfolio and plans to continue executing capital recycling initiatives in Europe and other markets [33][35] Question: Differences between sovereign compute opportunities and hyperscale AI labs - Management highlighted the distinct nature of sovereign compute opportunities, focusing on creating tailored solutions for governments while also servicing hyperscale customers [37][38] Question: Organic growth rates in data businesses - Management indicated that organic growth rates in data businesses are tracking slightly ahead of underwriting assumptions, with significant new projects expected in the coming years [45]