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Goldman Sachs-backed BESS developer Gridstor makes first ERCOT project acquisition

Gridstor, a developer of standalone battery storage, has acquired a 450MW/900MWh project in Texas, the company’s first in the ERCOT market.

Moelis & Company Reports Fourth Quarter and Full Year 2023 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share

Fourth quarter GAAP revenues of $214.9 million; fourth quarter Adjusted revenues of $214.9 million, up 6% from the prior year period Full year 2023 GAAP revenues of $854.7 million; full year 2023.

Offshore Wind Industry Poised For Growth, But Economic Pressures And Tech Innovation Need To Be Managed

Allianz Highlights Need to Manage Emerging Risks in Offshore Wind

The rapid buildout of the offshore wind sector, which includes the introduction of new technologies and moving into more exposed and distant locations.

Offshore Wind Industry Poised for Growth, but Economic Pressures and Tech Innovation Need to Be Managed

Speed of build-out is creating pressure on materials and supply chains, port infrastructure, and available construction and maintenance vessels. Bigger turbines and new technology drive bigger exposures for insurers which need to be understood in partnership with developers.