Tuesday, 18 August 2026

Mesa Power Solutions has opened a manufacturing and administrative campus in Evansville, Wyoming, built at a cost of USD 70 million, according to Power Magazine.

The site brings 300 employees under one roof and widens the company's capacity to build natural gas power generation equipment, Power Magazine reported. Buyers named for that equipment are utilities, data centers, and other commercial and industrial customers.

The facility sits at One Mesa Way and covers 220,000 square feet, per Power Magazine.

Canadian Solar said the dismissal formally terminates the remaining litigation between it and Maxeon, according to pv magazine.

The underlying case began when Singapore-based Maxeon sued Canadian Solar for patent infringement in the US District Court for the Eastern District of Texas in March 2024, pv magazine reported. The suit involved an unspecified TOPCon solar cell technology.

The legal path narrowed at the Patent Trial and Appeal Board. In Final Written Decisions issued in January 2026, the PTAB ruled in Canadian Solar's favor and found all Maxeon patent claims asserted against the company in the federal court litigation invalid, according to pv magazine. With those claims struck down, the district court action lost its basis, and the dismissal closes out what remained between the two manufacturers.

Brookfield Renewable Partners and La Caisse have closed their acquisition of Quebec-based renewable energy producer Boralex, according to pv magazine, with Brookfield taking 70% of the company and La Caisse the remaining 30%.

The deal values Boralex at CAD 37.25 per share, pv magazine reported. Shareholders signed off at an annual and special meeting held on June 4, 2026.

Boralex operates roughly 3.8 GW of wind, solar, hydroelectric and battery storage capacity, according to pv magazine. That portfolio now sits under private ownership split between an infrastructure investor and an institutional partner.

The producer keeps its headquarters in Quebec and will continue to run independently after completion, pv magazine reported. Its shares come off the Toronto Stock Exchange as part of the closing.

The delisting removes one of the listed pure-play renewable generators from public markets in the province, leaving the 3.8 GW fleet reported by pv magazine outside the disclosure cycle that comes with an exchange listing.

Cosan S.A. has formally notified the New York Stock Exchange that it intends to voluntarily delist its American Depositary Shares, according to a material fact announcement published by GlobeNewswire Energy. The ADSs are represented by American Depositary Receipts, each covering four common shares of Cosan with no par value.

The move follows a resolution adopted by Cosan's Board of Directors on August 14, 2026. The notification to the NYSE covers the ADS line only.

Cosan said the transaction forms part of its objective to simplify and optimize its capital structure, with cost reductions and a greater focus on its most strategically relevant business areas.

The company will keep its common shares listed on the Novo Mercado segment of B3 S.A. - Brasil, Bolsa, Balcao in Brazil, where trading in the shares is predominantly concentrated, according to the announcement. Novo Mercado is B3's segment carrying the most demanding corporate governance requirements for listed issuers.

Delisting from the NYSE does not end Cosan's US disclosure duties. The company said it will remain registered under the U.S. Securities Exchange Act of 1934 and will continue complying with its reporting obligations under that statute after the NYSE delisting takes effect.

The combination of an exchange exit with continued Exchange Act registration is the narrower of two available routes for a foreign private issuer: it strips out the listing fees and exchange-level compliance load of a dual venue while leaving periodic reporting to US investors intact. Cosan framed the decision in terms of capital structure and cost, not disclosure appetite.

The stated concentration of trading on B3 is the operative commercial fact. An ADS line that carries a small share of total volume generates listing and depositary costs disproportionate to the liquidity it provides, and consolidating price formation on the home market removes that duplication.

Ecopetrol has closed an approximately $1.2 billion purchase of a controlling 51% stake in Brava Energia, enlarging the Colombian company's upstream footprint in Brazil, World Oil reported.

The stake was assembled in two pieces. Roughly 25% of Brava's outstanding shares came through a tender offer, with a further 26% delivered under a share purchase agreement announced earlier, according to World Oil.

Funding came from inside the group. World Oil reported that the $1.2 billion transaction was financed through an intercompany loan from Ecopetrol Capital AG.

Brava's output averaged approximately 78,800 boed over the first six months of 2026, rising to about 84,400 boed in June, per World Oil.

On reserves, Brava reported approximately 459 MMboe of proved (1P) reserves and 605 MMboe of proved plus probable (2P) reserves as of year-end 2025, according to World Oil.

Those volumes set the acquisition metrics. World Oil put the implied value paid at approximately $8.40/boe of proved reserves and $6.30/boe of proved plus probable reserves.

Brava's trailing financials give the earnings base behind the price. For the 12 months ended June 30, 2026, the company reported approximately $2.34 billion in revenue and $1.05 billion in EBITDA, World Oil reported.