Caliche Development Partners III has approved the first phase of its Spindletop natural gas storage expansion, following FERC approval and in response to increasing demand. Separately, the South Coast Air Quality Management District allocated nearly $250 million for zero-emission switcher locomotives, expected to cut annual emissions by 600 tons. In Japan, the Waita No. 2 Geothermal Power Plant has been completed by Baseload Capital and Furusato Netsuden, aiming to promote geothermal energy growth. Additionally, Amgen announced its participation in the Goldman Sachs 47th Annual Global Healthcare Conference on June 9, 2026.
Caliche Development Partners III, through its subsidiary Golden Triangle Storage, has reached a Final Investment Decision (FID) for the initial phase of its Spindletop natural gas storage expansion. This crucial decision was made after receiving approval from the Federal Energy Regulatory Commission (FERC) and is a direct response to the escalating demand for natural gas storage solutions. The expansion is poised to address market needs for reliable and accessible gas storage.
In a separate development, the South Coast Air Quality Management District's Governing Board has authorized approximately $250 million to fund the transition to zero-emission switcher locomotives. This significant financial commitment is projected to yield substantial environmental benefits, with an estimated reduction of 600 tons of emissions each year. The initiative underscores a broader effort to decarbonize the transportation sector.
Meanwhile, in Japan, the Waita No. 2 Geothermal Power Plant, located in Kumamoto Prefecture, has reached completion. This project is a collaborative effort between Baseload Capital and Furusato Netsuden. Its development is intended to stimulate growth within the geothermal energy sector and serves as a model for scalable, community-integrated energy projects. The plant's operationalization is expected to contribute to Japan's renewable energy targets.
Furthermore, Amgen has announced its intention to present at the Goldman Sachs 47th Annual Global Healthcare Conference. The presentation is scheduled for Tuesday, June 9, 2026, at 9:20 a.m. Eastern Time. Representing Amgen at this event will be EVP and CFO Peter Griffith and Murdo Gordon.
Caliche Development Partners III, through its subsidiary Golden Triangle Storage, has reached a Final Investment Decision (FID) for the initial phase of its Spindletop natural gas storage expansion. This crucial decision was made after receiving approval from the Federal Energy Regulatory Commission (FERC) and is a direct response to the escalating demand for natural gas storage solutions. The expansion is poised to address market needs for reliable and accessible gas storage.