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Exclusive: Lion Electric CEO On Amazon Partnership, SPAC Merger, Biden Administration
Wednesday, January 13, 2021 - 5:18pm | 797Lion Electric CEO Marc Bedard and Northern Genesis Acquisition Corp's (NYSE: NGA) Ian Robertson joined Benzinga’s SPACs Attack show to discuss their merger and growth ahead. The SPAC Deal: Lion Electric is going public via a SPAC due to the speed to market. The merger will save...
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North American Electric Bus Leader Proterra SPAC Deal: What Investors Should Know
Tuesday, January 12, 2021 - 10:50am | 617A leading electric bus maker is going public via SPAC in a deal announced Tuesday morning. The SPAC Deal: Electric bus leader Proterra is being taken public by ArcLight Clean Transition Corp (NASDAQ: ACTC). The deal values Proterra with an enterprise value of $1.6 billion. Current ArcLight...
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Clean Energy Fuels Lands 2 New Deals, Could Also Benefit From New Administration
Tuesday, December 22, 2020 - 6:30pm | 428Renewable natural gas company Clean Energy Fuels Corp (NASDAQ: CLNE) has been making headlines in December with new deals with leading energy companies. The company could also benefit from a Biden administration that's putting a huge emphasis on clean energy. What Happened: On Monday,...
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Clean Energy, Energy Storage Company STEM To Go Public Via SPAC
Friday, December 4, 2020 - 1:04pm | 483A new SPAC deal was announced Friday in the clean energy and energy storage systems space. The Deal: Stem, an AI-driven clean energy storage company, announced a merger with Star Peak Energy Transition Corp (NYSE: STPK). The transaction will provide Stem with up to $608 million in gross...
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Jim Cramer Sees These Two Non-Pure Play Stocks As Winners On Future Of Hydrogen Energy
Tuesday, December 1, 2020 - 1:54am | 433CNBC "Mad Money" host Jim Cramer on Monday said he preferred non-pure plays in the hydrogen energy sector as — while it has a major role there to play in clean energy's future — there is a long way to go before the technology actually matures. What Happened: Cramer...
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30 Stocks And ETFs To Watch After 2020 Election Day
Tuesday, November 3, 2020 - 8:06pm | 1342After the 2020 presidential election, traders and investors will likely turn to sectors that are favored by the winning candidate. Over the last week, Benzinga has shared stocks and ETFs to watch across several sectors. Along with the SPDR S&P 500 ETF Trust (NYSE: SPY), here is a summary of...
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How The 2020 Presidential Election Could Impact Energy Stocks
Thursday, October 29, 2020 - 11:35am | 695Democratic presidential nominee Joe Biden and incumbent Republican President Donald Trump have very different stances on the energy sector. Biden favors clean energy and a shift to renewables, while Trump has voiced support for the fossil fuel industry and the jobs it provides. ...
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Stock Wars: ExxonMobil Vs. NextEra, A Battle Of Old Vs. New In Energy
Friday, October 23, 2020 - 2:56pm | 886The days of Exxon Mobil Corporation (NYSE: XOM) being the most valuable energy company in the U.S. are over, with the newer NextEra Energy Inc (NYSE: NEE) passing the oil giant’s market capitalization. ExxonMobil was also recently passed by rival Chevron (NYSE: CVX) as America’s most...
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Rockefeller Descendants Push For Banks To Stop Financing Fossil Fuel Companies
Sunday, October 18, 2020 - 11:45am | 674Three heirs of John D. Rockefeller are now pushing against the oil industry that made their namesake family wealthy. About BankFWD: Daniel Growald, Peter Gill Case and Valerie Rockefeller co-founded BankFWD. BankFWD is a “network of individuals and organizations united in the belief that by...
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Array Technologies IPO: What Investors Should Know About This Solar Company
Thursday, October 15, 2020 - 10:06am | 584Solar energy company Array Technologies will go public Thursday in a listing that has already increased its offering size. About Array Technologies: Array Technologies (NASDAQ: ARRY) is one of the world’s largest manufacturers of ground-mounting systems that are used in solar energy...
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Another Clean Energy ETF Hits The Market
Wednesday, August 21, 2019 - 9:00am | 527At a time of strength for renewable energy stocks and exchange traded funds and dimming prospects for the traditional energy sector, more ETFs representing the former category are coming to market. What Happened Just days after an existing fund was converted into an alternative energy ETF, another...
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A Closer Look At The New Clean Energy ETF
Thursday, August 15, 2019 - 8:00am | 557The NYSE Pickens Oil Response ETF, the once scuffling energy exchange traded fund that was built by Boone Pickens Capital Fund Advisors, the investing firm founded by the legendary oilman, is no longer. As was previously reported, the ETF once known by the ticker “BOON,” is converting...
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Tesla-Heavy ETF Gets A New Look
Thursday, July 11, 2019 - 6:55am | 473An exchange traded fund once known for its large weight to Tesla Inc. (NASDAQ: TSLA) is getting a new look while maintaining its robust exposure to shares of the electric automobile manufacturer. What Happened The ETF previously known as the VanEck Vectors Global Alternative Energy ETF is now the...
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UPS Places Big Order For Renewable Fuel In Bid To Hit Ambitious Sustainability Target
Wednesday, May 22, 2019 - 6:04pm | 744UPS Inc. (NYSE: UPS) said May 22 that it placed the largest order for renewable natural gas (RNG) in U.S. history with the purchase of 170 million gallon equivalents of the alternate fuel over the next seven years. Under the deal, the Atlanta-based transport and logistics giant will pay Clean...
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Generac Buys Battery Storage Manufacturer Pika Energy
Monday, April 29, 2019 - 11:21am | 329Generac Holdings Inc. (NYSE: GNRC) announced Monday that it acquired the battery storage manufacturer Pika Energy, Inc. What Happened The deal closed April 26, according to Generac; the terms were not disclosed. Pika develops advanced power electronics, software and controls for smart energy...