Wisconsin Lawmakers To Debate Bill That Would Cripple Wind Energy In State

Berkshire Hathaway energy unit MidAmerican Power Holdings has agreed to buy wind turbines with an estimated value of more than $1bln from Siemens. IFM Investors has agreed to invest $1.3 billion in equity funding for the proposed three-train Freeport LNG natural gas liquefaction and export plant in Texas, sourced from a consortium of project finance ledners. The funding in question… Keep reading →

Netanyahu Meets With Noble Energy CEO

This Forbes piece profiles Noble Energy’s diverse portfolio of assets that may appear haphazard, but according to CEO Charles D. Davidson, “This isn’t an accident. This is a strategy.” [Forbes] A top oil and gas banker moves from Morgan Stanley to Credit Suisse. “Before making the move, Mr. McCabe was at Morgan Stanley, and has… Keep reading →

As Germany gears up for a nuclear-free low-emissions energy future, wind power has taken a new lead.

On August 4, the German engineering and technology company Siemens announced it would be splitting its renewables arm into two branches, Wind Power and Solar & Hydro. Considering its remarkable headline success in the wind sector since 2004–revenue has increased by a factor of 12 to about $3.2 billion–the company hopes to refocus its efforts and further specialize in the wind market with newer products alongside industrialized manufacturing and logistics. Keep reading →