Sign in Subscribe

Energy

Providing perspective and contextual insights on the financial aspects of the Energy industry within the state of Utah, from fossil fuels to renewables, as well as infrastructure and storage.

NEWS BRIEF: Utah-based rPlus Energies Lands $304 Million in New Financings to Help Drive Renewable Energy Projects

In 2024, rPlus has now raised nearly $1.9 billion in equity and debt financings to support over 1.2 Gigawatts of projects under construction and an additional 15GW in development. Salt Lake City, Utah-based rPlus Energies has landed $304 million in new financings to help it drive construction of

NEWS BRIEF: A Colorado-based Energy Company is Selling 126,000 Acres of Uinta Basin Land for $2.0 Billion

NEWS BRIEF: A Colorado-based Energy Company is Selling 126,000 Acres of Uinta Basin Land for $2.0 Billion

In Utah news not apparently reported previously in the state, Denver, Colorado-based Ovintiv (NYSE:OVV) is selling 126,000 acres of oil-producing land in Utah's Unita Basis for $2.0 billion in cash. According to the recent Ovintiv news release, Ovintiv announced two separate yet interrelated agreements, specifically:

Multiple Yet Unnamed Utah Governmental Entities will Spend at Least $60 Million to Purchase 203* New Heavy-Duty, Zero-Emission Vehicles

Multiple Yet Unnamed Utah Governmental Entities will Spend at Least $60 Million to Purchase 203* New Heavy-Duty, Zero-Emission Vehicles

Although the final combined payment required has not yet been disclosed to complete the planned purchases, several yet unnamed governmental entities in Utah will receive $60 million in federal grant monies to purchase 203* new heavy-duty, zero-emission vehicles. Here's the rest of the story. The U.S. Environmental

Canadian Mineral Exploration Company, Urano Energy, is Buying 12.7 Square Miles of Prospective Uranium Properties in Utah and Colorado in a Planned $10.6 Million Cash and Stock Purchase

Canadian Mineral Exploration Company, Urano Energy, is Buying 12.7 Square Miles of Prospective Uranium Properties in Utah and Colorado in a Planned $10.6 Million Cash and Stock Purchase

Urano Energy (OTCQB:UECXF), a Vancouver, British Columbia mineral exploration company, has entered into a purchase agreement to buy 12.7 square miles of prospective uranium-holding mining properties in Utah and Colorado for $10.6 million in cash and stock. According to the company news release, the Urano agreement with

"Global Chaos" — The Inflection Point Driving the Coming Transformation of Utah's Quiet, yet Decades-Old, Emerging Ecosystem that will be at the Center of the Next Business Revolution in the "State of Deseret"

Welcome to this 3,500-word Report, the longest ever published by Utah Money Watch. We share this today because we believe the information reported on today, along with the implications contained herein, potentially portend a massive transformation for the business ecosystem in Utah. As such, we welcome your feedback and

NEWS BRIEF: Three Utah-based, Publicly Traded Microcap Firms Raise a Combined $16.7 Million in Three Separate Offerings

NEWS BRIEF: Three Utah-based, Publicly Traded Microcap Firms Raise a Combined $16.7 Million in Three Separate Offerings

The three Utah-based microcap firms are Clene (raised $7.3 million) and SINTX Technologies (raised $3.05 million), both of Salt Lake City, plus Woods Cross-based Sky Quarry (raised $6.7 million). Three Utah-based microcap, publicly traded companies, raised a combined total of $16.7 million in separate sales of

Utah's IPA is Issuing Two Bonds to Raise ~$115 Million to Install Two Gas-Fired Turbines in Place of Two Coal-Fired Turbines at its Intermountain Power Project Facilities in Delta, Utah

Utah's IPA is Issuing Two Bonds to Raise ~$115 Million to Install Two Gas-Fired Turbines in Place of Two Coal-Fired Turbines at its Intermountain Power Project Facilities in Delta, Utah

Utah's Intermountain Power Agency, owner of the electricity-generating IPP (Intermountain Power Project) located just north of Delta, Utah in Millard County, provides over 13 million megawatt hours of electricity annually (1,300 Gigawatts) to 35 customers (23 municipalities in Utah and six in California), plus 6 cooperative purchasers