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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

El Paso Energy Partners, L.P. Becomes GulfTerra

LCG, May 1, 2003El Paso Energy Partners, L.P has decided to change its name and stock ticker.

El Paso Energy Partners was the third-largest master limited partnership in the country at the end of last year and is changing its name in an effort to distinguish itself from the El Paso Corporation, the large pipeline company which is an indirect partner. Although probably not its intended, the move will also distinguish the company from completely unrelated utility El Paso Electric.

No mention was made as to whether or not the name change came in response to El Paso Corporation'ss economic situation, which has resulted in the sale of several assets.

The name GulfTerra is intended to relate to the size and scope of the partnerships midstream operations, according to CEO Robert Phillips.

GulfTerras New York Stock Exchange Symbol will be GTM.
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