The commitment from Keystone National Group, a private credit leader that specializes in asset-backed lending with over $6 billion in deployed capital, underscores that sophisticated institutional investors view Project Matador's power infrastructure assets as premium, financeable assets critical to America's energy future. Proceeds from the financing will be used to fund the acquisition of utility-grade breakers, transformers, substations, and switchgears. AMARILLO, Texas, Feb. 19, 2026 /PRNewswire/ -- Fer ...

Company Overview - Constellation Energy (CEG) is based in Baltimore and claims to be the leading operator of nuclear power plants in the U.S. [3] - Following its acquisition of Calpine, CEG is now the largest owner and operator of both natural gas-fired and geothermal power plants in the country [3] - The company generates a total of 55 gigawatts of electricity and has more 24/7 emissions-free electricity than any other company in the nation [3] Financial Performance - CEG has a market capitalization of $106.5 billion and is trading at a forward price-earnings ratio of 26.7 times [4] - In the third quarter, the company's sales increased by 7.7% year-over-year to $6.57 billion, while net income rose by 10.85% year-over-year to $930 million [4] Market Position and Demand - CEG is well-positioned to benefit from the increasing electricity demand driven by data centers, which are expected to account for 40% of the increase in electricity demand by the end of the decade [5] - The demand from data centers is already pushing up electricity prices, which increased by 6.9% last year and are projected to rise another 6% for consumers through 2027 [5] - CEG's high leverage to low-carbon-emitting power, particularly nuclear energy, positions it well to supply power to hyperscale data centers [6] Investment Considerations - Dan Loeb's hedge fund, Third Point, acquired 475,000 shares of CEG for $167.8 million in the fourth quarter, indicating confidence in the company's potential [1] - The stock's valuation is considered attractive, making it a good buy for certain types of investors [2]

Appointment within the Board of Directors of EDF The Board of Directors meeting held on 19 February 2026 co-opted Martin Briens, Secretary General of the French Ministry for Europe and Foreign Affairs, as a Director, replacing Anne-Marie Descôtes for the remaining of her term of office, i.e. until the end of the General Meeting ruling on the accounts for the fiscal year ending 31 December 2026. Martin Briens is appointed, effective as of today, on the recommendation of the State, pursuant to Article 6.II of ...

Core Viewpoint - The launch of the ALPS Nautilus SMR, Nuclear & Technology ETF (SMRF) reflects a growing interest in nuclear power as a solution to increasing electricity demands driven by artificial intelligence and data centers [1] Group 1: ETF Overview - The SMRF ETF offers exposure to companies across the nuclear and small modular reactor value chain while pairing them with leading AI companies [1] - The ETF has a 0.65% expense ratio and employs an active options overlay strategy to generate monthly income and reduce volatility compared to its benchmark [1] - Thematic investing is gaining traction, with advisors seeking diversified exposure to long-term trends, making the addition of this ETF significant [1] Group 2: Nuclear Power Revival - The fund's strategy aligns with a broader shift in energy markets as tech companies look for reliable, carbon-free power sources for energy-intensive operations [1] - Small modular reactors are designed to be modular and can be assembled to meet varying power needs, representing a modern approach to nuclear energy [1] Group 3: Portfolio Construction - Top holdings include uranium miners such as Kazatomprom, Energy Fuels Inc., NexGen Energy, Uranium Energy Corp., and Cameco Corp., along with nuclear technology companies like BWX Technologies and Constellation Energy Corp. [1] - The fund's sector allocations are 40.4% in basic materials, 22% in technology, and 13.1% in industrials, with geographical exposure primarily in the United States (47.6%), Canada (19.2%), and Australia (6.8%) [1] - The options strategy may limit profit potential from sharp increases in underlying securities but offers exposure to the nuclear energy theme with steady income and managed volatility [1]

Core Viewpoint - SB Energy, a subsidiary of SoftBank, is planning to construct a 9.2 gigawatt natural gas-fired power plant on the Ohio-Kentucky border, which would be the largest in the U.S. and capable of powering approximately 7.5 million homes [1] Group 1: Project Overview - The estimated cost of the project is $33 billion, making it more expensive than recent natural gas-fired power plants [2] - It remains uncertain who will finance the project, although traditionally, rate-payers have borne the costs of new generating capacity [2] Group 2: Partnership and Purpose - SB Energy is collaborating with OpenAI on the Stargate project, but it has not clarified whether the new power plant will supply power directly to the grid or specifically to data centers [3] - OpenAI and SoftBank are currently developing a "proof of concept" data center at the former Lordstown automotive assembly plant [3] Group 3: Environmental Impact - The construction of such a large power plant is expected to take years, potentially up to a decade, especially considering the shortage of natural gas turbines [4] - If completed, the plant could emit around 15 million metric tons of carbon dioxide annually, and when factoring in methane leaks from the natural gas supply chain, the environmental impact could be significantly worse [4]

Strong results in a challenging operational year Landsvirkjun's profit from core operations last year amounted to approximately USD 287 million.The Company's financial position remains strong with an equity ratio of 64.5% and net debt amounting to 1.7x EBITDA.Proposal of USD 165 million in dividends. Hörður Arnarson, CEO: Landsvirkjun's operations performed well in 2025, reflecting the Company's solid foundation and strong financial position. Although conditions were challenging at times, the operating resu ...

Summary of Cummins Conference Call Company Overview - **Company**: Cummins - **Event**: Barclays Industrial Select Conference Key Industry Insights - **AI Boom and Data Center Demand**: Cummins views itself as a low-risk way to capitalize on the AI boom, particularly in data center-driven demand. There is strong ongoing visibility of demand through the decade, with no signals of a slowdown in the next five years [4][5][6] - **Power Generation Capacity**: Cummins has doubled its power generation capacity in recent years and plans to continue evaluating investments in capacity and product offerings while being cautious about overbuilding [7][8] Financial and Operational Strategies - **Pricing and Margin Protection**: Cummins employs inflation and pricing adjusters in contracts to protect margins on backlog orders, which are subject to various market conditions [9][10] - **Customer Concentration**: The backlog is concentrated among large hyperscalers, but Cummins serves a diverse range of customers beyond just a few major players [11][13] Competitive Landscape - **Market Competition**: The diesel standby genset market is seeing new entrants, but Cummins has not experienced significant market share shifts. The company believes its established capabilities and investments in supply chain give it a competitive edge [19][21][22] Product Development and Innovation - **Battery Backup Systems**: While battery energy storage systems (BESS) are being evaluated, diesel standby gensets remain a preferred solution for data centers due to their effectiveness and cost [28][29] - **New Product Launches**: The launch of new platforms like X10 and HELM will initially compress margins due to higher costs and warranty accruals, but long-term margins are expected to stabilize [35][38] Regulatory Environment - **EPA Regulations**: Cummins anticipates regulations targeting 35 mg NOx emissions, with a focus on maintaining a competitive warranty structure. The company is preparing for potential regulatory changes that could impact product development and market dynamics [46][48][50] Market Demand and Trends - **Heavy-Duty Truck Cycle**: The company is seeing early signs of recovery in the heavy-duty truck market, with expectations of reaching replacement demand levels of 220-240 thousand units annually. However, pre-buy activity ahead of regulatory changes is expected to be modest [57][60][61] Accelera Business Unit - **Zero-Emissions Portfolio**: Cummins is resizing its Accelera business, focusing on hydrogen and e-mobility. The company is adjusting its strategy in hydrogen due to lower-than-expected demand while maintaining a strong position in battery technologies [63][64][65] Investment Strategy - **Organic vs. Inorganic Investments**: Cummins emphasizes a disciplined approach to balancing organic and M&A investments, focusing on long-term profitable growth and credible investment theses [80][81][85] Audience Sentiment - **Stock Sentiment**: Audience responses indicated a positive bias towards Cummins stock, with a significant portion favoring share repurchases as a use of excess cash [68][74] This summary encapsulates the key points discussed during the conference call, highlighting Cummins' strategic positioning, market dynamics, and future outlook.

EDMONTON, Alberta, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) is pleased to announce the appointment of Kevin MacIntosh as Chief Financial Officer of the company, effective March 16, 2026. Mr. MacIntosh has over 30 years of experience as a finance leader working in large, complex organizations within the global energy industry and brings expertise across multi-jurisdictional operations, cross-border transactions, energy trading and diverse regulatory landscapes. He has a proven t ...

Generac Signs Agreement to Acquire Enercon, Accelerating Growth in Data Center and Switchgear Markets [Accessibility Statement] Skip NavigationEast Peoria, Illinois-based manufacturer brings 50 years of expertise in generator enclosures and switchgear for mission-critical applicationsWAUKESHA, Wis., Feb. 19, 2026 /PRNewswire/ -- [Generac Holdings Inc.](NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, announced the signing of a definit ...

Investment Wave Overview - A significant investment wave from Japan is focusing on U.S. energy and industrial markets, with a commitment of $550 billion targeting LNG exports, power generation, and critical minerals [1] LNG Exporters - U.S. liquefied natural gas exporters are poised to benefit, particularly with a new LNG facility in Texas aimed at expanding export capacity and enhancing America's energy dominance [2] - Japan, as one of the largest LNG importers, is expected to establish long-term supply agreements with U.S. exporters, which is crucial for the investment strategy [2] Power Infrastructure - GE Vernova, specializing in power generation equipment and energy infrastructure, is well-positioned to capitalize on the increasing global demand for reliable gas-based electricity generation [3] Critical Minerals - The focus on critical minerals is intensifying, as they are vital for defense systems, energy infrastructure, and advanced manufacturing, making domestic production a national priority [4] - The influx of foreign capital into strategic U.S. industries is boosting positive sentiment across sectors such as LNG exporters, power infrastructure providers, and rare earth producers, which are seen as essential to America's economic and energy future [4]