DigitalBridge will acquire power infrastructure developer ArcLight Capital for USD 1.1 billion as data center investors race to secure power assets amid surging AI-driven electricity demand. The deal gives DigitalBridge access to ArcLight’s portfolio of gas, solar, wind, battery storage, and late-stage power projects, helping vertically integrate energy and digital infrastructure while accelerating data center development. This acquisition reflects a broader trend of AI and data center investors moving upstream into renewable energy and power development to secure dedicated generation capacity.

Innagreen Investments has acquired the 49.9 MW Longhedge solar farm in Nottinghamshire, England, marking another step in its expansion into the UK renewable energy market. Developed by RES, the project is expected to generate enough clean electricity to power around 15,000 homes annually once operational. Under the agreement, RES will continue to lead development and construction management while providing ongoing technical services after commissioning. The acquisition follows Innagreen's purchase of the RES-developed Dunbeg South wind farm earlier this year and represents the companies' fourth collaboration as Innagreen continues to expand its global renewable energy portfolio.

Ballard Power Systems will acquire UK-based hydrogen power provider GeoPura in a transaction valued at £301.1 million (approximately USD $400 million), transforming the company into a vertically integrated hydrogen energy-as-a-service provider. The deal combines Ballard's fuel cell technology with GeoPura's hydrogen production, distribution, logistics, refueling, and stationary power capabilities. GeoPura expects approximately £38 million in 2026 revenue, while Ballard estimates the acquisition will unlock US$25 million in annual EBITDA synergies and support its path to profitability by 2028. The transaction is expected to close in the second half of 2026.

Spanish hydrogen technology startup H2SITE has extended its Series B funding round to more than €42 million, with new investment from the EIC Fund and a private investor. The capital will support manufacturing expansion, international growth, and commercialization of the company's hydrogen production and separation technologies, including entry into Asian markets. Having already logged more than 50,000 operating hours across its membrane reactors and separators, H2SITE is now focused on deploying large-scale industrial projects and scaling its hydrogen solutions globally.

Canadian battery storage startup Moment Energy has secured a $3 million follow-on investment from NorthX Climate Tech, bringing NorthX's total commitment to nearly $4.5 million since 2022. The funding will provide working capital to deploy battery energy storage systems under BC Hydro's Energy Storage Incentive program, bridging upfront project costs before customer payments and incentive reimbursements are received. Earlier this month, Moment Energy also announced a US$40 million Series B, bringing total capital raised to more than US$100 million, as it scales production from its new Surrey, BC battery repurposing megafactory.

Italian long-duration energy storage startup Energy Dome has partnered with Google to develop a 23 MW / 200 MWh CO₂ Battery project in Ireland, marking the first commercial deployment under the companies' strategic partnership. The project will use Energy Dome's CO₂ Battery technology to store excess renewable energy and deliver 8-24 hours of dispatchable electricity, supporting Google's goal of achieving 24/7 carbon-free energy. Backed by a 10-year capacity contract from EirGrid, the facility is expected to come online in 2028, with plans for a second 200 MWh unit at the site.

A U.S. federal judge has ordered the Department of Energy to reinstate USD $82.1 million in clean energy grants after vacating the agency’s cancellation of 11 Biden-era awards. The grants, supporting projects across New York, Oregon, Connecticut, Minnesota, and Colorado, were part of a broader wave of DOE funding cuts that plaintiffs alleged were politically motivated. The ruling reinforces the enforceability of awarded federal clean energy grants, helping support financing visibility for projects reliant on DOE funding.