Thursday, 24 September 2026

AMPIN Energy Transition has secured an equity investment of up to USD 100 million from Norfund, the developmental finance institution of the Norwegian Government, according to Energetica India.

The capital will be routed through the Norwegian Climate Investment Fund to accelerate deployment of clean energy capacity and support manufacturing expansion in India, per a company press release cited by ETEnergyWorld. Norfund said in a separate release that the investment will support the development of an additional 2.0 GWp of renewable energy capacity, according to Saur Energy.

The injection takes total equity capital raised by AMPIN to nearly USD 1 billion, Energetica India reported.

A renewed rise in oil and gas prices will push eurozone inflation higher and keep it elevated for longer before it eases back toward target from mid-2027, according to Chief Economist Philip Lane.

Lane said the current bout of energy price increases should feed through to food, electricity and goods prices, while pressure on services should stay contained. He described the episode as a second wave of energy price rises, distinct from the shock that drove the previous inflation surge.

ING flagged a related market dynamic, arguing that jumps in oil prices leave a lasting imprint on inflation expectations that constrains how far rates can fall when crude retreats. That asymmetry, according to ING, could cap the downside for euro rates in the near term.

Eurozone consumer sentiment weakened in September as households absorbed rebounding energy prices tied to escalating military action in the Middle East, according to reporting by the Wall Street Journal and Morningstar.

The European Commission's flash consumer-confidence indicator for the currency area fell 1.0 point to minus 16.5 for the month. The reading extended a decline that the Wall Street Journal linked directly to higher energy costs following the Middle East escalation.

Capital Economics economist Jack Allen-Reynolds, in a note to clients cited by Morningstar, said household moods had soured after fuel prices climbed around 6% during the month, alongside higher utility bills and lower equity prices.

Gran Tierra Energy has scheduled a virtual special stockholder meeting for October 9, 2026 at 10 a.m. Mountain Time to consider approval of the sale of its Colombian and Ecuadorian businesses to Maurel & Prom, according to a GlobeNewswire release from the company.

The transaction carries total consideration of approximately USD 1.33 billion, subject to adjustment, per the company's announcements.

Gran Tierra filed its definitive proxy statement for the meeting with the U.S. Securities and Exchange Commission on September 15, 2026.