Articles for category: Energy

November 11, 2025

Bay St Signal Editors

Algonquin posts Q3 gains, holds dividend, names CFO

Algonquin Power & Utilities reported higher third quarter profit and cash flow on November 7, kept its quarterly dividend unchanged, and named a new finance chief for early 2026. Adjusted net earnings rose to US$71.7 million, or 9 cents per share, with the regulated utilities segment driving the improvement, according to the company’s third quarter release. Management tied the better quarter to approved rate implementation, favourable weather in Missouri, lower operating expenses, and a depreciation adjustment in New Hampshire. The moves extend Algonquin’s pivot to a pure‑play regulated utility, a model where returns are set through rate regulation rather than

November 7, 2025

Bay St Signal Editors

Brookfield Renewable keeps US$0.373 quarterly payout

Brookfield Renewable set its next quarterly distribution at US$0.373 per unit, payable December 31 to holders of record November 28, according to its third quarter release. Funds from operations, a cash flow metric used by infrastructure firms, rose 10 percent year over year to US$302 million, or US$0.46 per unit. Net loss attributable to unitholders narrowed to US$120 million. The update folds into a busy stretch for Brookfield’s power and transition platform as it leans into baseload assets and storage to meet rising demand. For now, the payout stays exactly where it is. Dividend holds at same level The US

November 7, 2025

Bay St Signal Editors

Blackline Safety adds Cologne and Abu Dhabi offices

Calgary-based Blackline Safety is opening new offices in Cologne, Germany, and Abu Dhabi, United Arab Emirates, to deepen sales and service capacity across Europe, the Middle East and Africa. The move lands during a busy trade-show week, with teams on the ground at A+A in Düsseldorf and ADIPEC in Abu Dhabi, two venues where energy and industrial buyers set budgets for the year ahead. The expansion speaks to export growth for a TSX-listed safety tech name that sells connected gas detection and lone worker devices to heavy industry. EMEA push follows ADNOC deal Blackline Safety says the Cologne hub will

November 5, 2025

Bay St Signal Editors

LibertyStream names Harich, advances Texas lithium commissioning

LibertyStream Infrastructure Partners appointed physical chemist Dr. Steven Harich as chief technical advisor. As its Texas lithium carbonate unit moved into commissioning after mechanical construction finished last week. The TSX Venture issuer expects initial output in the second half of the fourth quarter, pending systems integration, instrumentation and quality checks laid out in the appointment release. The move adds field leadership as LibertyStream works to turn brine-derived lithium chloride into saleable lithium carbonate at site.. Commissioning targets and capacity Commissioning has started. LibertyStream has guided to a field unit capable of up to 10 tonnes per annum of lithium carbonate,

November 4, 2025

Bay St Signal Editors

NextStar Pivots To Energy Storage Amid EV Cooldown

NextStar Energy says Windsor’s battery complex will add energy‑storage cells this month, an early sign Canada’s EV buildout is tilting toward grid demand as retail momentum cools. The move follows a year when federal purchase incentives wound down and buyers leaned harder into hybrids, leaving battery makers to chase steadier orders from utilities and commercial projects. S&P Global Mobility estimates zero‑emission vehicles captured 9.2 percent of Canadian new‑vehicle registrations in the second quarter of 2025, down from late‑2024 peaks as higher rates and affordability bit into demand. The production shift matters for supply chains tied to LG Energy Solution, and

October 28, 2025

Bay St Signal Editors

U.S. Government Signs US$80 Billion Westinghouse Deal

Washington signed a partnership to build at least US$80 billion of Westinghouse reactors. This pushes money and permits fast, and puts Cameco and Brookfield in the flow. The U.S. will help arrange financing and approvals, and get a profit cut later. That means real orders for a Westinghouse controlled by a Brookfield led group and Cameco, plus more pull for Canadian uranium and fuel services. Here is the simple supply chain. Cameco refines uranium at Blind River, then converts it at Port Hope into UF6 and UO2, which feed light water reactors. If Westinghouse builds more U.S. units, those lines

October 27, 2025

Bay St Signal Editors

X-energy Names Dragan Popovic To Run Operations

X-energy just poached Ontario Power Generation’s SMR execution boss to run global ops. That is a talent grab, and one that should worry OPG’s top brass. OPG loses a top builder during the Darlington SMR build, while X-energy gains a Canadian anchor to push U.S., U.K., and Alberta projects. The squeeze lands on OPG’s bench and on Canadian suppliers now getting pulled into foreign jobs this quarter. OPG Talent Shock Hits Hard Popovic was Senior VP for SMR project execution at OPG, leading Darlington’s new BWRX-300 build. That plant targets first power by 2030 and is already digging and assembling

October 24, 2025

Bay St Signal Editors

Cenovus Buys Votes, Not Control At MEG

Cenovus’s 9.8% stake in MEG is about votes, not control. The buys sit just under key thresholds and backstop a tight shareholder vote. Cenovus disclosed it now holds 25,000,000 MEG shares, or 9.8%, and said it intends to vote them for the deal. MEG’s amended standstill lets Cenovus go to 9.9% before the meeting, while the offer sits at C$29.80 per share. Exploit Thresholds, Shape Outcomes Canada’s early warning kicks in at 10% ownership, and a formal take‑over bid regime starts at 20%. Cenovus is threading that 9 point something needle. The Ontario Securities Commission spells out the 10% disclosure

October 23, 2025

Bay St Signal Editors

Ottawa’s Energy Gambit Meets Capital Reality

Keystone talk is leverage, not a plan. Until Ottawa puts binding project clocks into law and removes self‑inflicted bottlenecks, capital keeps heading south. After a Washington meeting on October 8, 2025, the official readout said leaders saw “material progress” opportunities in steel, aluminum, and energy, with teams told to conclude work in weeks, but it did not name Keystone. That gap matters, because the politics moved faster than the permitting. Follow The Spending, Not Speeches Greg Ebel has already pointed the money south. Bloomberg reported about two thirds of Enbridge’s C$30 billion capital program is going to U.S. projects where

October 20, 2025

Bay St Signal Editors

Terra Clean Rare Earths Signal, Not Cash

Terra Clean’s rare earths headline is real, but it is optionality, not revenue. The Government of Canada’s “active” tag is a data label, not a permit or endorsement. Terra’s news says Fraser Lakes B hosts REE oxides and that Ottawa lists Falcon Point, the parent project, as active, which the NRCan map confirms under “Falcon Point project, active at the resource estimate stage.” The company still discloses only a historical uranium resource of 6.96 million pounds at 0.03% U3O8, not a REE resource or study, as shown on Skyharbour’s project page. Terra’s own release ties the REE language to the