Innovation

Odyssey Energy Solutions Raises $74 Million As Platform Facilitates $3.6 Billion In Distributed Energy Capital

By Amit Chowdhry ● Sep 1, 2026

Odyssey Energy Solutions has raised $74 million in new financing to expand its distributed renewable energy financing and procurement platform across Africa, Asia and Latin America. The financing consists of a $27 million equity round and $47 million of debt. New equity investors include Broadscale Group, FMO and Al Mada Ventures, while Union Square Ventures, Equal Ventures, Abstract Ventures, Twelve Below, FJ Labs, MCJ and Transition Ventures participated again.

DNO To Acquire Capricorn Energy For $396 Million, Outbidding Genel By 10%

By Amit Chowdhry ● Sep 1, 2026

DNO has reached an agreement to acquire Capricorn Energy in a recommended all-cash transaction valuing the London-listed energy company at approximately $396 million on a fully diluted basis, giving DNO a major entry into Egypt and topping the competing offer from Genel Energy.

Tesla Discontinues Solar Roof Tiles As Product Proves Financially Unviable

By Amit Chowdhry ● Sep 1, 2026

Tesla has discontinued its Solar Roof tiles and informed certified third-party installers that the integrated roofing product will no longer be available to order, according to Electrek. Tesla will instead continue supplying conventional rooftop solar panels, completing a significant retreat from a product first introduced nearly a decade ago.

Anthropic Reportedly Signs $35 Billion Lambda Cloud Deal For 350 MW Texas AI Data Center

By Amit Chowdhry ● Sep 1, 2026

Anthropic has signed a $35 billion cloud computing agreement with Nvidia-backed Lambda tied to a roughly 350 MW artificial intelligence data center in Texas, Reuters reported, citing a person familiar with the transaction.

GameStop Projects Q2 Net Income Up To $310 Million As eBay Gains Reach $238 Million

By Amit Chowdhry ● Sep 1, 2026

GameStop released preliminary second-quarter 2026 results showing a sharp increase in profitability despite a substantial decline in sales, with approximately $238 million in gains from its eBay investment providing a major contribution to quarterly net income.

Herbalife CEO Stephan Gratziani To Step Down As CFO John DeSimone Becomes Interim CEO

By Amit Chowdhry ● Aug 31, 2026

Herbalife has announced a planned chief executive transition, with Stephan Gratziani stepping down as CEO effective October 31, 2026 and Chief Financial Officer John DeSimone becoming Interim CEO beginning November 1.

LDR Partners Names Paul B. Murphy Jr. Partner After Building Banks To More Than $18 Billion In Assets

By Amit Chowdhry ● Aug 31, 2026

LDR Partners has named veteran Houston banking executive Paul B. Murphy Jr. as a Partner, adding more than four decades of banking, capital formation and lower-middle-market underwriting experience to the veteran-founded private equity firm.

Choice Hotels Names Dominic Dragisich President And CEO After Nearly 10 Years With Company

By Amit Chowdhry ● Aug 31, 2026

Choice Hotels International has appointed Dominic Dragisich as President and Chief Executive Officer and elected him to the company's Board of Directors, completing a leadership transition that began when he was named Interim CEO in May 2026. The appointment is effective August 31, 2026.

Centene Appoints Bradley Bolivar As Chief Information Officer From Fannie Mae

By Amit Chowdhry ● Aug 31, 2026

Centene Corporation has announced the appointment of Bradley Bolivar as Chief Information Officer, effective August 31. Bolivar succeeds Brian LeClaire, who will retire by the end of October 2026, as planned.

PennantPark Resets $316.7 Million Securitization, Cutting Weighted Average Cost To SOFR + 1.82%

By Amit Chowdhry ● Aug 31, 2026

PennantPark Floating Rate Capital announced that its unconsolidated joint venture, PennantPark Senior Secured Loan Fund I, has completed the reset of a $316.7 million debt securitization, substantially reducing its borrowing costs while extending the financing's maturity.

ePointZero To Acquire 90% Of 752 MW Azura Power As African Development Pipeline Tops 1.5 GW

By Amit Chowdhry ● Aug 31, 2026

ePointZero has agreed to acquire a 90% stake in Azura Power Holdings, marking the Abu Dhabi-based energy infrastructure platform's entry into African power generation through an operating portfolio spanning Nigeria, Senegal and Mozambique.

Kennedy Wilson And Shimizu Launch $139 Million 382-Unit Sandy Springs Multifamily Development

By Amit Chowdhry ● Aug 31, 2026

Kennedy Wilson and Shimizu Corporation have partnered to develop Caldwell, a $139 million, 382-unit luxury multifamily community in Sandy Springs, Georgia, marking Kennedy Wilson's first ground-up multifamily development in the state and its first partnership with Shimizu. Kennedy Wilson acquired the 6.9-acre development site in late 2025.

Morgan Stanley Real Estate Investing Acquires 300-Unit Florida Senior Housing Portfolio

By Amit Chowdhry ● Aug 31, 2026

Morgan Stanley Real Estate Investing has acquired a two-property Class A senior housing portfolio in the Orlando and Tampa metropolitan areas, expanding a national senior living investment strategy launched in 2022.

Corvex Secures $33 Million PIPE As AI Data Center Capacity Targets 5x Expansion To 8 MW

By Amit Chowdhry ● Aug 31, 2026

Corvex has announced a major expansion of its AI infrastructure footprint alongside a $33 million private placement, with critical IT power capacity expected to increase more than fivefold from approximately 1.5 MW to about 8 MW by the end of 2026.

Mkango Acquires Remloy For €8 Million As Rare Earth Magnet Recycling Capacity Targets 500 Tonnes Annually

By Amit Chowdhry ● Aug 31, 2026

Mkango Resources has completed its acquisition of German rare earth magnet recycling company Remloy from Heraeus Amloy Technologies for €8 million, or approximately $9.3 million. Mkango paid €5 million, or about $5.8 million, at closing.

HubX Raises $50 Million From Point72 At $1.2 Billion Pre-Money Valuation With Option For Another $25 Million

By Amit Chowdhry ● Aug 31, 2026

HubX has raised $50 million from Point72 Private Investments in its first external financing, with Point72 receiving an option to invest another $25 million as the profitable consumer technology company expands its AI-powered product portfolio and acquisition strategy.

Summit Midstream Approves $100 Million Double E Expansion As Contracted Capacity Reaches 2.2 Bcf/D

By Amit Chowdhry ● Aug 31, 2026

Summit Midstream has reached a final investment decision on the Double E Pipeline mainline compression expansion after securing new long-term transportation commitments, advancing a project expected to significantly increase the Permian segment's capacity and earnings.

Gilat Raises $100 Million Through 3.75% Convertible Notes At 60% Conversion Premium

By Amit Chowdhry ● Aug 31, 2026

Gilat Satellite Networks has secured commitments from Israeli institutional investors for approximately $100 million of five-year convertible senior unsecured notes, providing additional capital for satellite, space, mobility and defense technology investments.

JetZero Secures $100 Million Pinegrove And Silicon Valley Bank Facility To Advance Z4 Aircraft

By Amit Chowdhry ● Aug 31, 2026

JetZero has closed a senior secured term loan facility of up to $100 million led by Pinegrove Credit Partners and Silicon Valley Bank to accelerate development and U.S. manufacturing of its Z4 all-wing commercial aircraft.

Copenhagen Infrastructure Partners Acquires 408 MW Gawara Baya Wind Project With AUD 1.7 Billion Financing

By Amit Chowdhry ● Aug 31, 2026

Copenhagen Infrastructure Partners, through its Copenhagen Infrastructure V flagship fund, has acquired the Gawara Baya hybrid renewable energy project in North Queensland from Windlab and reached financial close with an AUD 1.7 billion financing package.

Samsung Biologics Launches CHF 1.46 Billion PolyPeptide Tender Offer At 40% Premium

By Amit Chowdhry ● Aug 31, 2026

Samsung Biologics has published the prospectus for its public tender offer for all publicly held shares of PolyPeptide Group, advancing a transaction carrying an implied aggregate equity value of approximately CHF 1.46 billion.

SLB To Acquire Kelvion For $3.4 Billion As Data Center Revenue Target Reaches $5 Billion

By Amit Chowdhry ● Aug 31, 2026

SLB has agreed to acquire thermal management company Kelvion for approximately $3.4 billion in cash and assume approximately $700 million of debt, significantly expanding its exposure to AI data center infrastructure.

Paramount Extends WBD Debt Offers Covering $14.5+ Billion To September 11 Ahead Of Acquisition

By Amit Chowdhry ● Aug 31, 2026

Paramount Skydance has extended the expiration deadline for its tender and exchange offers involving debt issued by Warner Bros. Discovery subsidiaries to September 11, 2026, as it continues to prepare the financing structure for its proposed acquisition of WBD.

Easy Aerial Raises $20 Million Series B To Expand Autonomous Drone Production And Global Defense Programs

By Amit Chowdhry ● Aug 31, 2026

Easy Aerial has completed a $20 million Series B funding round to expand manufacturing capacity, international operations and development of its autonomous tethered aerial intelligence and defense systems. The financing included participation from Insight Partners, Entrée Capital and private U.S. investors.

YZi Labs Invests In De¹ As Financial World Model Connects 1,000+ Liquidity Sources Across 40+ Blockchains

By Amit Chowdhry ● Aug 31, 2026

YZi Labs has invested in De¹, backing the development of a Financial World Model designed to learn directly from live financial market activity and support increasingly autonomous AI agents operating across onchain markets.

Athena Agentic Acquires Omni Cyber Solutions Agentic Platform In Second Deal In Under 60 Days

By Amit Chowdhry ● Aug 31, 2026

Athena Agentic has acquired the Omni Cyber Solutions Agentic Platform, adding artificial intelligence-powered cybersecurity technology and intellectual property to its Unified Cyber Operations Platform.

FCP Invests $22 Million In 305-Unit Falls Church Multifamily Development Near Metro Station

By Amit Chowdhry ● Aug 31, 2026

FCP has made a $22 million preferred equity investment to support the development of a 305-unit apartment community adjacent to the West Falls Church Metro Station in Falls Church, Virginia.

Rimini Street Deploys $30.9 Million Year-To-Date Across Debt Reduction And Share Repurchases

By Amit Chowdhry ● Aug 31, 2026

Rimini Street has deployed $30.9 million during fiscal 2026 toward debt reduction and share repurchases as the enterprise software support company continues strengthening its balance sheet while returning capital to shareholders.

Tri-County Bancorp Completes Mayville Financial Merger, Creating $734 Million-Asset Michigan Community Bank

By Amit Chowdhry ● Aug 31, 2026

Tri-County Bancorp has completed its merger with Mayville Financial Corporation, combining two longstanding Michigan community banking organizations into a company with approximately $734 million in total assets.

Phoenix Tower International Secures $6.5 Billion Financing Across 23 Jurisdictions To Fund Growth And Acquisitions

By Amit Chowdhry ● Aug 31, 2026

Phoenix Tower International has signed a $6.5 billion multi-jurisdiction financing designed to refinance existing debt and provide substantial additional capacity for capital expenditures, acquisitions, and working capital as the wireless infrastructure company expands globally.