Utilities
Meta’s Need for Gas Power Boosts Entergy Spending by $14 Billion
US utility Entergy Corp. boosted its four-year capital spending plan by nearly a third to $57 billion, mainly to build natural gas-fired power plants for Meta Platforms Inc.’s massive data center development in northern Louisiana.
Oil Traders Lawyer Up as Hormuz Disruptions Trigger Billions of Dollars in Disputes
Some of the biggest names in oil trading are becoming embroiled in a complex web of disputes that could be worth many billions of dollars, as the industry wrangles over who should be liable for contracted shipments that weren’t delivered as a result of the Iran war.
Arlington Capital Acquires Nuclear Engineering Firm Enercon
Arlington Capital Partners has acquired nuclear engineering company Enercon from Oaktree Capital Management.
