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Stonepeak raises $2.5B to refinance construction debt tied to Louisiana LNG
Stonepeak is refinancing construction debt at Louisiana LNG in Calcasieu Parish with $2.5 billion raised through a private bond issuance, Bloomberg reports.
The transaction was completed via Stonepeak Wallaby I Acquiror LP, a holding company linked...
Landry asks regulators to keep an eye on Entergy power plant deal
Gov. Jeff Landry is asking state utility regulators to closely examine a proposed power plant acquisition by Entergy to ensure Louisiana residents are not left paying unnecessary costs, Louisiana Illuminator reports.
The governor is urging the...
Lenny Lemoine no longer CEO at Lemoine after taking on new role
After 25 years as Lemoine's CEO, Lenny Lemoine is transitioning to the new role of executive chair. Lemoine, one of Louisiana’s largest privately held companies, is a portfolio company of Baton Rouge-based private equity...
U.S. government offers $17.5B in low-cost loans to energize nuclear market
The U.S. government plans to offer about $17.5 billion in low-cost loans to help utilities finance key components for a new wave of large nuclear reactors, aiming to restart large-scale nuclear construction.
The funding is...
China expands ‘megafactory’ buildout in competition with U.S.
China is increasing its focus on large, highly integrated “megafactories” that focus on advanced manufacturing sectors such as electric vehicles, batteries, semiconductors, robotics and AI-related hardware, The New York Times reports.
These facilities are designed to...
