Energy, Utilities & Environment

DISA Uranium to Buy Colorado Assets, Invest $5M in Premier American Uranium

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DISA Uranium to Buy Colorado Assets, Invest $5M in Premier American Uranium

Casper, Wyoming – September 18, 2026 -- DISA Uranium Corporation has agreed to acquire a portfolio of uranium and vanadium projects in Colorado's Uravan Mineral Belt from Premier American Uranium Inc. (TSXV: PUR) (OTCQB: PAUIF) and will simultaneously invest US$5 million in the company, marking its second major U.S. uranium consolidation move this year.

Smart EV Charging Could Cut Europe's Grid Investment by €10 Billion

Athens – September 18, 2026 -- Europe could save €10 billion in electricity grid investment by 2030 through smarter management of EV charging, according to a new study commissioned by EIT Urban Mobility, ChargeUp Europe and ACEA, and conducted by Siemens.

Grid upgrade costs could fall from €24.7 billion to €14 billion

The study, titled Electricity Grids in Europe, models 64 representative cities across the EU27 and three EEA countries to assess how rising electric vehicle adoption will strain distribution networks. Without intervention, grid reinforcement to accommodate EV growth would require an estimated €24.7 billion in investment by 2030. Deploying intelligent EV Load Management -- which coordinates charging timing and speed to avoid peak-demand overloads -- could reduce this figure to roughly €14 billion, avoiding €10.6 billion in capital spending.

JDEnergy, WDenergia Target 200 MWh Spanish Storage Deal

Xi'an, China – September 18, 2026 -- JDEnergy has signed a framework agreement with Spanish partner WDenergia targeting 200 MWh of battery energy storage system (BESS) business in Spain, focused on commercial and industrial (C&I) projects.

JDEnergy and WDenergia agree to pursue 200 MWh of C&I storage capacity in Spain

The cooperation pairs JDEnergy's string PCS technology and international project track record with WDenergia's local development and EPC capabilities. The partnership was detailed during a joint webinar titled "Future-Ready Energy Storage: String PCS Architecture for Spain's Energy Transition," which brought together JDEnergy's technical and sales teams with WDenergia representatives.

Borr Drilling Exits Perfomex Stake, Retains Mexico Rigs via Bareboat Deal

Hamilton, Bermuda – September 18, 2026 -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) has signed definitive agreements to sell its 51% equity interest in Mexican joint ventures Perforaciones Estratégicas e Integrales Mexicana S.A. de C.V. and Perforaciones Estratégicas e Integrales Mexicana II, S.A. de C.V. (together, "Perfomex") to its long-standing local partner.

Local partner takes full ownership of Perfomex and rig operations

Once the deal closes, Borr's partner becomes sole owner of Perfomex and takes over management of the jack-up rigs Galar, Gersemi and Njord, which currently work under contract with PEMEX. Borr Drilling will retain title to all three rigs and continue earning from the underlying PEMEX contracts through bareboat charter agreements, with economics expected to remain largely unchanged from the current setup.

PBF Holding Prices $500M Zero-Coupon Notes to Refinance 2030 Debt

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PBF Holding Prices $500M Zero-Coupon Notes to Refinance 2030 Debt

Parsippany-Troy Hills, N.J. – September 18, 2026 -- PBF Energy Inc.'s subsidiary PBF Holding Company LLC has priced $500 million in 0% exchangeable notes due 2032, with net proceeds earmarked largely to retire its existing 7.875% Senior Unsecured Notes due 2030.

PBF Holding sets zero-coupon terms with 37.5% exchange premium

The notes, co-issued with PBF Finance Corporation, carry no regular interest and will not accrete in principal. The initial exchange price is approximately $96.80 per share, a 37.5% premium over PBF Energy's $70.40 closing share price on the New York Stock Exchange on September 18, 2026. Initial purchasers hold an option to buy up to $50 million in additional notes within 13 days of issuance.

Shanghai Electric H1 Revenue Jumps 16.6% on CNY100.4bn Order Book

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Shanghai Electric H1 Revenue Jumps 16.6% on CNY100.4bn Order Book

Shanghai – September 18, 2026 -- Shanghai Electric posted operating revenue of CNY 63.332 billion (USD 9.17 billion) in the first half of 2026, up 16.6% year-on-year, while net profit attributable to shareholders rose 18.2% to CNY 970 million (USD 140.49 million). New orders reached CNY 100.39 billion (USD 14.54 billion), extending the company's order backlog across energy equipment, industrial equipment and integrated services.

Energy Equipment segment drives growth with 21.4% revenue increase

The Energy Equipment segment generated CNY 36.558 billion (USD 5.29 billion) in revenue, up 21.4%, led by wind power and energy storage. Industrial Equipment revenue rose 1.9% to CNY 18.954 billion (USD 2.75 billion), supported by digital upgrades in machine tools, elevators and industrial components. Integrated Services revenue climbed 31.5% to CNY 10.862 billion (USD 1.57 billion) on supply chain coordination and full-lifecycle service work.

PPL Electric Files Plan to Bill Data Centers Directly for Grid Upgrades

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PPL Electric Files Plan to Bill Data Centers Directly for Grid Upgrades

Allentown, Pa. – September 18, 2026 -- PPL Electric Utilities has filed a proposal with the Pennsylvania Public Utility Commission to create a new billing mechanism that would directly assign certain transmission network upgrade costs tied to large energy users, including data centers, to those specific customers rather than spreading them across its 1.5 million residential and business accounts.

New rider replaces existing transmission charge without adding fees

The proposed Customer Protection Transmission Rider (CPTR) would replace the utility's current Transmission Service Charge (TSC). PPL Electric says the change does not introduce a new charge but instead restructures how transmission costs are recovered, making them visible as a dedicated line item on customer bills rather than embedded within supply charges.

VWS Plans $200M+ Waste-to-Energy Expansion at Vietnam's Da Phuoc Landfill

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VWS Plans $200M+ Waste-to-Energy Expansion at Vietnam's Da Phuoc Landfill

Oakland, Calif. – September 18, 2026 -- Vietnam Waste Solutions (VWS), the Vietnamese subsidiary of Oakland-based California Waste Solutions (CWS), has proposed a 50- to 60-megawatt waste-to-energy plant at its Da Phuoc Integrated Solid Waste Facility (DPI) outside Ho Chi Minh City, adding to roughly $200 million already invested in the site.

VWS proposes new power plant to expand Vietnam's largest engineered landfill

DPI, a 341-acre facility built in the mid-2000s to the U.S. Subtitle D standard, currently buries up to 6,500 tons of municipal solid waste daily -- about 2.4 million tons a year -- covering more than half of Ho Chi Minh City's household waste output of roughly 10,000 tons per day. VWS this year formally submitted the waste-to-energy proposal and is now moving through appraisal and permitting.

Hornbeck Offshore Wins Multi-Year North Sea Decommissioning Deal

Houston – September 18, 2026 -- Hornbeck Offshore Services, Inc. (NYSE: HOS) said its subsidiary Helix Well Ops (U.K.) Limited has secured a multi-year decommissioning contract with a major North Sea operator, set to begin in the second quarter of 2027 with a firm two-year term and customer options to extend.

Contract covers riserless plug and abandonment work using purpose-built vessels

Hornbeck will perform the operations using either the Well Enhancer or Seawell, both riserless well intervention vessels. The award includes a fully integrated service package: vessel deployment, a Subsea Intervention Lubricator well access system, ROVs, saturation diving, and project management and engineering support delivered under a single contract.

Uranium Royalty Corp Net Income Jumps 1530% After Sweetwater Deal

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Uranium Royalty Corp Net Income Jumps 1530% After Sweetwater Deal

Lakewood, Colo. – September 18, 2026 -- Uranium Royalty Corp. (NASDAQ: UROY) reported net income of $16.3 million for the three months ended September 18, 2026, a 1530% increase from $1.0 million a year earlier, as physical uranium sales funded its landmark Sweetwater acquisition.

UROY sells 593,255 pounds of U3O8 at $86.00 per pound, beating market average

The company generated $51.0 million in revenue from the sale, above the $85.45/lb average of UxC Historical Ux Daily Prices for the same period. Cost of sales totaled $34.1 million, or approximately $57.40/lb. Diluted earnings per share rose 900% to $0.10, compared with $0.01 in the prior-year quarter.