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Solar energy company Sunrun buys Peer Vivint Solar for around $ 1.46 billion

Sunrun installer setting up solar panels on a residential roof in California. Source: Sunrun The US solar installer Sunrun announced on Monday that it would buy Peer Vivint Solar for around $ 1.46 billion as part of an all-stock deal. Vivint Solar shareholders receive 0.55 Sunrun shares for each share held, the companies said in a statement, which corresponds to …

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Energy companies are demolishing the construction of the Atlantic coast pipeline

Despite a recent victory for the US Supreme Court project, ongoing delays, litigation, and an expected increase in costs threatened the economics of the project, the companies said on Sunday. The pipeline, which was originally announced in 2014, has been subjected to severe criticism and legal challenges from environmental and other groups. “This announcement reflects the increasing legal uncertainty that …

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Warren Buffett’s Berkshire purchases $ 10 billion of Dominion Energy gas plants

Warren Buffett’s Berkshire Hathaway finally pulls the trigger. The conglomerate is spending $ 4 billion to buy Dominion Energy’s natural gas transmission and storage facilities. Including the assumption of debt, the deal amounts to almost $ 10 billion. It is Berkshire’s first major purchase since the coronavirus pandemic and the subsequent market downturn in March. At his annual general meeting …

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Shares of Chesapeake Energy, a shale pioneer, fall in volatile trading

HOUSTON – Shares in Chesapeake Energy, a pioneer in shale gas production known for an illegal oil and gas lease price suppression program, went wild on Tuesday after reports of bankruptcy filing were reported to be filing . Trading was stopped for more than three hours in the morning. When the buying and selling then resumed, the trade was quickly …

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A new telescope is ready to look for answers to explain the dark energy

The construction of a new telescope called Dark Energy Spectroscopic Instrument (DESI) began in 2015. It will begin its five-year mission later this year. Whose goal? Create a 3D map of the universe with unprecedented details that shows the distribution of matter. This detailed map enables astronomers to study important aspects of cosmology, including dark energy and its role in …

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Why Chesapeake Energy and other E&P stocks shot up on June 5

What happened Shares of Chesapeake Energy (NYSE: CHK) were more than 70% higher than the deal on Wall Street was due to close on June 5. However, it was not the only energy stock that made huge gains. Co-exploration and production company SM Energy (NYSE: SM) was more than 28% higher with Centennial Resource Development (NASDAQ: CDEV) by 25% and …

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