Generac shares are well off highs this year, dropping nearly 30% since mid August. Chairman, President, & CEO Aaron Jagdfeld, however, believes the biggest contribution to this 'soft season' is the general state of the housing market. Jagdfeld sees the company getting swept up in AI data center demand as a 'counterweight' for the lack of growth in the residential market. He joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to discuss Generac's outlook, rising energy costs in a depleted ...

Core Insights - The Federal Energy Regulatory Commission (FERC) has approved NRG Energy's acquisition of nearly 13 GW of natural gas-fired power plants and an additional 6 GW of generation assets for $12 billion [1] - The deal includes 18 natural gas-fired power plants across nine states and the acquisition of CPower, a virtual power plant platform with about 6 GW of contracted capacity [1] - FERC concluded that the acquisition would not negatively impact market competition, allowing NRG's generation capacity in the PJM market to increase from 2.1 GW to 9.5 GW [1] Company Impact - The acquisition is expected to nearly double NRG's generation fleet, enhancing its customized product offerings and ability to meet future energy demands [1] - NRG's CEO stated that the transaction strengthens the company's credit profile and accelerates growth, while also supporting robust capital returns [1] - The deal is anticipated to close in the first quarter of next year, positioning NRG to lead in the upcoming power demand supercycle [1]

Core Insights - Blackstone is investing in the construction of a 600-MW combined-cycle natural gas-fired power plant in West Virginia, marking the first of its kind in the state [1] - The project, Wolf Summit Energy, is expected to create approximately 500 jobs during construction and is affiliated with Old Dominion Electric Cooperative (ODEC), which serves around 1.5 million customers [1] - Blackstone's investment strategy focuses on energy-related businesses, having committed over $27 billion globally across various sectors within the energy industry [1] Investment Details - The final investment decision for the Wolf Summit project was announced on November 13, with a total investment of $1.2 billion [1] - Blackstone Energy Transition Partners is the division responsible for this investment, emphasizing control-oriented equity investments in energy [1] - The facility will utilize GE Vernova's 7HA.02 gas turbine, which is designed to meet the rising energy demands from AI and industrialization [1] Strategic Importance - The addition of Wolf Summit to ODEC's power supply portfolio is seen as crucial for meeting long-term energy and capacity needs, while also mitigating risks associated with transmission constraints and energy price volatility [1] - West Virginia's Governor highlighted the investment as a sign of the state's growing status as a global energy player, reinforcing its position for energy growth and investment [1] - Blackstone is recognized as the world's largest alternative asset manager, with over $1.2 trillion in assets under management, indicating its significant influence in the investment landscape [1]

TotalEnergies has accelerated its gas-to-power integration strategy by signing an agreement to acquire 50% of EPH's flexible power generation platform in Western Europe in a €5.1bn ($5.92bn) all-stock transaction. The deal includes assets in Italy, the UK, the Republic of Ireland, the Netherlands, and France. Under the deal, EPH will be paid entirely in new TotalEnergies shares, receiving 95.4 million shares priced at €53.94 each. The issuance represents about 4.1% of TotalEnergies’ share capital. The t ...

Core Insights - TotalEnergies plans to more than double its net gas generation capacity through the acquisition of 50% of Czech energy company EPH's Western European flexible power generation portfolio in a deal valued at 5.1 billion [1] Company Summary - The acquisition will significantly enhance TotalEnergies' position in the gas generation market, reflecting a strategic move to expand its energy portfolio [1] - This investment aligns with TotalEnergies' commitment to increasing its renewable and flexible energy sources, indicating a shift towards more sustainable energy solutions [1] Industry Summary - The deal highlights the growing trend in the energy sector towards consolidation and investment in flexible power generation capabilities, which are essential for balancing renewable energy sources [1] - The acquisition is expected to contribute to the overall growth of the Western European energy market, particularly in the context of increasing demand for gas generation amid the transition to cleaner energy [1]

TotalEnergies (NYSE:TTE) M&A Announcement November 17, 2025 07:00 AM ET Company ParticipantsPatrick Pouyanné - CEOStéphane Michel - President of Gas, Renewables and PowerConference Call ParticipantsNone - Analyst 6None - Analyst 8None - Analyst 9None - Analyst 11None - Analyst 1None - Analyst 2None - Analyst 5None - Analyst 10None - Analyst 3None - Analyst 4None - Analyst 7OperatorGood afternoon. Thanks for joining this webcast about TotalEnergies' acquisition of 50% of EPH flexible generation assets in Eur ...

TransAlta Corporation has agreed to acquire a 310-megawatt (MW) portfolio of four natural gas-fired power plants in Ontario from Far North Power Corp., an entity formed by Hut 8 Corp. and Macquarie Equipment Finance Ltd. The acquisition, announced today, will transfer ownership and operation of the facilities to TransAlta, one of Canada’s largest publicly traded power generators. Under a definitive share purchase agreement, TransAlta will take over the assets, which Hut 8 had previously stabilized and str ...

As a result of the deal, TotalEnergies is lowering its annual net capital-expenditure guidance by $1 billion a year. - christophe archambault/Agence France-Presse/Getty Images TotalEnergies is bolstering its power-generation business with a nearly $6 billion investment in a joint venture with Czech utility EPH. The 5.1 billion-euro ($5.93 billion) transaction will expand the French energy major’s generation assets, adding half of Daniel Kretinsky-led Energeticky a Prumyslovy Holding’s platform of gas, bi ...

Core Insights - Hyliion Holdings Corp. successfully demonstrated dynamic fuel switching in its KARNO Power Module, showcasing the system's capability to transition between natural gas and propane while maintaining continuous power generation without interruption [1] Company Summary - The KARNO Power Module is designed to adapt to new fuel sources in real time, highlighting the flexibility and innovation in Hyliion's modular power plant technology [1]

CALGARY, Alberta, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Highlights Purchase price of $95 million, or approximately $306 per kilowatt (kW)Immediately accretive to free cash flow and cash yield upon closing with approximately 68% of the portfolio's gross margin contracted to 2031; attractive recontracting fundamentals longer-termTransAlta's Energy Marketing and Trading team to deliver merchant upside and synergiesAugments and further diversifies TransAlta’s contracted portfolio and enhances competitive position ...