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Bloomberg· 2025-12-23 11:07
President Trump has set back solar and wind while boosting fossil fuel, letting his fiercest critics claim the banner of energy affordability https://t.co/Y58CEeH2fx ...
Acciona Energía Sells U.S. Solar and Mexico Wind Assets in $1 Billion Deal
Yahoo Finance· 2025-12-15 08:57
Acciona Energía announced an agreement to sell a 49% stake in its 1.3-gigawatt U.S. solar portfolio alongside 100% ownership of two wind farms in Mexico totaling 321 megawatts, in a transaction valued at approximately $1 billion (€855 million). The buyer, Mexico Infrastructure Partners (MIP), is acquiring the interests as part of a broader push into operating renewable assets across North America. The U.S. solar portfolio includes four large-scale photovoltaic projects: Red Tailed Hawk (458 MWp) and Fort ...
GE Vernova Surges Post-IPO with Strong Earnings, Analyst Confidence, and Capital Boost
Yahoo Finance· 2025-09-20 13:37
Core Insights - GE Vernova Inc. (NYSE:GEV) is recognized as one of the best-performing IPOs in the last two years, with a consensus rating of Buy from 35 analysts following positive second-quarter results and strategic acquisitions [1][3]. Financial Performance - For the second quarter of 2025, GE Vernova reported a revenue of $9.11 billion, reflecting an 11% increase compared to the same quarter in 2024 [2]. - The company's backlog has increased by over $5.2 billion sequentially, enhancing the stock's attractiveness [2]. - Since its IPO, GE Vernova has experienced a remarkable growth of 359.73% as of September 16, 2025 [3]. Strategic Moves - The acquisition of Proficy manufacturing software business by TPG for $600 million indicates GE Vernova's access to potential capital for future operations [2]. - GE Vernova is a spin-off of General Electric's energy businesses, founded in 2024, with a mission to electrify and decarbonize the world through a variety of power, wind, and electrification solutions [4].