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Sage Geosystems Announces Funding for Next-generation Geothermal Power Generation Project

LCG, January 21, 2026--Sage Geosystems, the company pioneering Pressure Geothermal, today announced that it closed over $97 million in Series B funding to advance its geothermal power generation and energy storage solutions, including its first commercial next-generation geothermal power generation facility. Ormat Technologies, a vertically integrated company engaged in geothermal and recovered energy generation ("REG"), and Carbon Direct Capital, a growth equity investment firm, co-led Sage’s Series B round, representing the full backing of Sage and Pressure Geothermal technology from leaders in geothermal energy and growth capital.

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Origis Energy Announces Agreement with Meta for Greyhound A Solar Project in West Texas

LCG, January 15, 2026--Origis Energy today announced that Meta and the company signed a long-term power purchase agreement (PPA) for the 240-MW (303-MWdc) Greyhound A Solar project in West Odessa, Texas. The Greyhound A Solar project is scheduled to achieve commercial operations by mid-2026.

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Industry News

Missouri Regulators Okay Laclede Holding Company

LCG, Aug. 17, 2001--Laclede Gas Co. said yesterday that Missouri regulators have approved the company's plan to form a holding company, and Douglas H. Yaeger, the firm's chairman, president and chief executive said the umbrella organization should be up and running by October 1.

"Our goal is to better serve the needs of our customers and our shareholders," Yaeger said, splitting his infinitive. "We plan to do this by continuing to improve the reliable natural gas service provided by our regulated core utility business while further developing our presence in unregulated arenas with which we are familiar and have some expertise."

Laclede shareholders approved the holding company, to be called The Laclede Group Inc., at the company's annual meeting last January. With approval by the Missouri Public Service Commission, the St. Louis-based natural gas distributor is free to move forward with its plans.

Laclede Gas, which serves 633,000 customers in and around St. Louis, will become a subsidiary of the new holding company and will remain a regulated utility. Its present subsidiaries -- Laclede Energy Resources Inc., Laclede Venture Corp., Laclede Development Co., Laclede Investment Corp., Laclede Gas Family Services Inc., and Laclede Pipeline Co. -- will be folded into the holding company as unregulated businesses.

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