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...In northern Virginia, the world’s largest data centre hub, power provider Dominion Energy paused new data centre connections in 2022 while it analysed how to deal with the jump in demand, including by upgrading...
...Dominion recently sold its 50 per cent stake in a Maryland liquefied natural gas terminal, Cove Point, to Warren Buffett’s Berkshire Hathaway for $3.3bn as it refined its focus on regulated electricity sales...
...Dominion Energy, which supplies Virginia’s fast-growing data centre sector, said in a recent strategic plan that until zero-carbon energy could offer constant power, gas units would be the “most affordable...
...In Virginia — home to the biggest concentration of data centres in the world — Green Energy Partners has made a similar move, buying 640 acres next to Dominion’s Surry nuclear plant....
...At various points over the past 20 years, certain industry groups or companies, whether it be energy or health insurers or something else, have been universally hated and really cheap....
...Viewpoints Rana Foroohar thinks that gold’s surge points to a swing in the global political economy pendulum....
...By her calculations, direct lenders were charging roughly 2.5 percentage points more than banks. A year ago, that figure was a full percentage point lower....
...The utility Dominion Energy this week won regulatory approval to build a 2.6GW offshore wind farm in Virginia....
...Warren Buffett is pouring more money into bets on fossil fuels, with Berkshire Hathaway agreeing a $3.3bn deal to acquire Dominion Energy’s 50 per cent share in the Cove Point liquefied natural gas terminal...
...Warren Buffett is pouring more money into bets on fossil fuels, with Berkshire Hathaway agreeing a $3.3bn deal to acquire Dominion Energy’s 50 per cent share in a liquefied natural gas terminal....
...Alvarez & Marsal has named Chevron veteran Jay Johnson as senior adviser to its energy practice....
...Freepoint, based in Connecticut, is involved in energy, metals and agricultural markets....
...Dominion settled a similar case against Fox in April this year for more than $787mn....
...“All these touch points are opportunities,” she says. “That’s the purpose of us being in this business, I think....
...“Employees have been enthusiastic about the headquarters’ move to Miami and appreciate the vibrant energy and quality of life the city has to offer,” said Citadel....
...In December, Bahrain-based Investcorp acquired Marble Point for about $200mn....
...from the energy transition....
...It is not clear at this point whether either class has priority over the other....
...Dominion vs Fox: Jury selection begins for voting-machine maker Dominion’s $1.6bn defamation lawsuit against Fox News. Five more top stories 1....
...Just one India-based company, renewable energy operator Azure Power, has completed an IPO in the US over the past 10 years, according to Refinitiv....
...But some developers said the high price point sapped capital and made it difficult to turn a profit....
...Yes, lower energy prices and milder weather have helped Europe avoid the worst and China’s Covid reopening may provide a demand boost....
...The Chinese government has been pushing the development of next-generation batteries to expand the use of EVs and renewable energy....
...As if to underline the point, China yesterday reported that its economy rebounded more than expected after its Covid-related reopening, growing 4.5 per cent year on year in the first quarter....
...Owning the “control point” in an industry gives a company the strongest edge when identifying a platform opportunity, says Choudary....
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