Autonomous EV freight trucking company Einride is planning to go public on the New York Stock Exchange through a SPAC deal with Legato Merger Corp. III, a blank check company, valuing it at $1.8 billion. The deal is expected to raise $219 million in gross proceeds, with up to an additional $100 million in PIPE capital...
In a major milestone for conservation finance, a 62,000-acre easement project in South Carolina is offering a new model for aligning environmental goals with long-term economic returns. Structured over four separate easements, the Pee Dee Basin Initiative has become the largest conservation transaction ever facilitated by a state agency in South Carolina—without sidelining the land’s...
President Trump secured a one-year reprieve from Beijing’s threat to shut down global rare-earths exports, which would have interrupted manufacturing of semiconductor chips and magnets essential in military and technology applications. The President quipped that “there’s no roadblock at all” and rare earths “will hopefully disappear from our vocabulary for a little while.” But the President’s brinkmanship...
New York and New Jersey granted crucial permits for a long-stalled Williams Cos. pipeline project that would bring more natural gas to the New York City area from Pennsylvania. Environmental regulators in both states approved certifications under the federal Clean Water Act for the company’s Northeast Supply Enhancement Project. It would expand an existing system delivering gas...
Next week, world leaders will gather for the COP30 climate summit, meeting in Brazil in an event where the U.S. and its top representatives will be conspicuously absent. Here’s what you should know about that meeting: What is a COP? COP, which stands for Conference of the Parties, is a meeting of world leaders to...
A group of shutdown-weary Democratic senators voted with Republicans Sunday night to advance a legislative vehicle to reopen the federal government and end the 40-day shutdown that has left tens of thousands of workers furloughed and caused chaos at the nation’s airports. The Senate voted 60-40 to proceed to a House-passed continuing resolution to reopen the government,...
Virginia Gov.-elect Abigail Spanberger — who promised during her campaign to prioritize affordable energy if she won — on Sunday doubled down on her views of the “energy crisis” that her state will face without new policies to hold the biggest users accountable. “There’s some bad energy policies in some of our neighboring states that have driven...
In the heart of the Amazon rainforest, workers are preparing to dig a vertical shaft as wide as a subway tunnel half a mile down into the ground. It isn’t gold or oil hidden here in a grassy clearing between indigenous lands, but fertilizer—something arguably just as precious to this vast farming nation. As global...
This piece was initially published in Latitude Media. Today a partnership coalition including Nvidia, Emerald AI, EPRI, Digital Realty, and PJM announced the world’s first power-flexible AI facility: the 96-megawatt Aurora AI Factory in Manassas, Virginia, slated to open in the first half of 2026. Aurora is the first facility built to a new reference design and certification standard...
Former Energy Secretary Rick Perry’s $17 billion startup aims to build four large nuclear reactors in the Texas Panhandle to fuel AI data centers—eventually. For now, it is sticking with good old natural gas. Fermi FRMI 2.48%increase; green up pointing triangle, which was co-founded by Perry, is betting on an era of soaring electricity demand. The company went public...
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