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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

FPL-Entergy Merger in Trouble, Companies Say

LCG, March 19, 2001FPL Group Inc. and Entergy Corp. said jointly this morning that their proposed merger has encountered "significant" difficulty and the companies would meet in the near future to address the issues.

In a brief statement, the two firms said without further elaboration "certain issues have arisen in connection with their pending merger, including governance structure/value-related issues and integration of the two companies going forward."

Allyson Orlando, an analyst with Lehman Brothers, which had rated Entergy as a "strong buy," said "We view this development as damaging to our investment thesis." Lehman cut Entergy back to "buy."

The merger would create the largest electricity distribution company in the U.S. The companies said they would have no further comment on the matter until after they meet.

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