A new report has stated that energy-focused apps being offered by utilities and other vendors have the potential to save customers an average of 8% on their energy bills. [Clean Technica] Linn Energy announced some preliminary results for the third quarter of its 2015 fiscal year, releasing the business did report an impairment charge of between $2… Keep reading →
More than 6,000 European cities have signed the Covenant of Mayors, a commitment to meet coesive EU climate targets. “Their climate action plans call for, on average, a 28% cut in CO2 emissions by 2020, 8% more than the EU’s 2020 target. Even Kiev, which came last of 30 cities in Siemen’s 2009 European Green… Keep reading →
It’s called “Energetic Bear” and some experts believe elements of the Russian government are behind a string of malware infections that reportedly compromised hundreds of industrial control systems. Originally thought to be used as a form of espionage, experts believe the technology can gain control of energy infrastructure and “cripple physical systems such as wind… Keep reading →
Upstream master limited partnership (MLP) Linn Energy’s strategy to attract a broader array of investors is likely to inspire other companies in the space to follow suit, but competitors will take at least a few years to emerge, according to chief financial officer Kolja Rockov.
Linn established LinnCo, a vehicle that exists solely to hold units of the Linn MLP, as a means of raising additional equity capital. Linn then launched an initial public offering of LinnCo shares – in part to be used to raise funds for acquisitions – in October 2012. Keep reading →
