Key facts
- Maxwell Power secured a $750 million investment commitment from Fairtide Partners.
- LiCAP Technologies received an $11.3 million grant from the California Energy Commission.
- Kentucky American Water acquired two water utility systems.
- OUTFRONT Media Inc. subsidiaries priced $500.0 million in Senior Notes due 2034.
- Silfab Solar earned an award for its USA-made PV modules.
- Rural Metro Fire is increasing its specialized response for clean energy infrastructure in Arizona.
- The Waita No. 2 Geothermal Power Plant in Japan has been completed.
- PowerBank Corporation rebranded to emphasize its AI data center strategy.
- DFNS rebranded to focus on digital asset core banking.
- Achieve increased its HELOC loan limit to $700,000.
- Unlock Technologies expanded home equity agreement offerings to Alabama.
- HLRBO closed a $2.5 million funding round led by Mairs & Power Venture Capital.
In the energy sector, Maxwell Power has secured a substantial $750 million investment commitment from Fairtide Partners, intended to finance battery storage and solar power projects. Complementing this, LiCAP Technologies has been awarded an $11.3 million grant from the California Energy Commission to expand its next-generation battery and energy storage manufacturing capabilities, utilizing advanced dry electrode technology. Rural Metro Fire, the nation's largest private fire department, is increasing its specialized response for Arizona's solar, battery storage, and data center infrastructure, bringing its expertise to Pinal County to support AI and clean-energy sectors. In Japan, the Waita No. 2 Geothermal Power Plant in Kumamoto Prefecture, a project by Baseload Capital and Furusato Netsuden, has been completed, aiming to foster geothermal growth with a scalable, community-aligned model. Silfab Solar has received a "high achiever" award for its USA-made PV modules, recognizing their quality, performance, and reliability. Skystream Energy released a brief detailing hybrid renewable systems, including distributed wind and microgrids, that can reduce diesel consumption by up to 80% in Caribbean and coastal communities, focusing on enhancing power infrastructure resilience. Navajo Transitional Energy Company (NTEC) has added nine new home solar installations to its Navajo Sun Power! program, aiming to provide energy access across the Navajo Nation. MAX Power is presenting its natural hydrogen commercialization vision in Washington, D.C., and is also exercising warrants. U.S. Energy announced it will rebrand as Big Sky Industrial to better reflect its expanded industrial operations. PowerBank Corporation, an energy development company, has rebranded to emphasize its new business vertical focused on AI data centers, leveraging its energy development expertise. DFNS has also rebranded to emphasize its role as a core banking platform for digital assets, aiming to provide essential banking infrastructure for the digital asset ecosystem. In the realm of utilities, Kentucky American Water, a subsidiary of American Water Works Company, has completed the acquisition of two water utility systems as part of a larger deal for Nexus Water Group systems. CenterPoint Energy is enhancing its storm readiness and restoration planning by integrating Technosylva's AI-driven Multi-Hazard Operations platform for predicting and managing extreme weather events. NatGasHub.com launched UtilityTariffs™, a platform to automate the monitoring, standardization, and uploading of natural gas utility tariff changes for North American energy companies, aiming to streamline data integration into ETRM systems. In corporate finance, OUTFRONT Media Inc. announced its subsidiaries priced a private offering of $500.0 million in aggregate principal amount of 6.000% Senior Notes due 2034, sold at 99.607% of face value. OPENLANE announced the conversion of its remaining Series A Convertible Preferred Stock into approximately 17 million shares of common stock, reducing its preferred stock obligations. Achieve has increased its maximum loan amount for its fixed-rate home equity line of credit (HELOC) to $700,000, with APRs starting as low as 5.5%. Unlock Technologies has expanded its home equity agreement offerings to Alabama, allowing homeowners to access equity without monthly payments or selling their property. HLRBO, a marketplace connecting landowners with hunters, closed a $2.5 million funding round led by Mairs & Power Venture Capital to support nationwide platform expansion. Saothair Capital Partners acquired EAM Corp. from Domtar Corporation, focusing on middle-market manufacturing and industrial companies. In technology and product development, GameChange Energy is preparing to defend itself against patent infringement allegations filed by Nextpower, denying the claims. HME launched ClearSoundX, an AI-powered audio technology for its NEXEO | HDX platform, designed to eliminate background noise in drive-thru communication. Hoymiles launched its third-generation plug-in home battery systems, the HiBattery 4020 series, including its first hybrid model designed for direct solar system connection. Dr. Sunho Kang, a battery-technology executive, joined TeraWatt Technology Inc. as Head of Product and Technology. In other business news, Sunrate was named among the Top 100 Cross-Border Payment Companies for 2026 by FXC Intelligence for the third consecutive year. Producerflow launched a new partner portal for enhanced collaboration between insurance carriers and distribution partners. Mathnasium was recognized in Entrepreneur's "Top 10 Franchises in Every Industry" ranking and Franchise Business Review's Top Franchises for Culture for 2026. Levata promoted Jose Perez to Senior Director, Field & Technical Services, to lead connectivity and field services practices. Chapters Health System was awarded the Top Workplaces designation by Nurse.com and Energage. Zymo Research launched Zymo Services to foster scientific partnerships and provide end-to-end solutions for next-generation sequencing. Mission Critical Group (MCG) consolidated its legacy brands under a single MCG identity and launched a new corporate website. Rubin Rudman opened a new office in Westborough, Massachusetts, focusing on Trusts and Estates, Fiduciary Litigation, Family Law, and Elder Law practices. RBFCU named Devin Hughes Senior Vice President of Finance. Great American Media will livestream the 2026 Turning Point USA Women's Leadership Summit on Great American Pure Flix. TEC Connections Academy (TECCA) was renamed Massachusetts Connections Academy (MassCA), serving over 3,000 K-12 students and coinciding with expanded programming and a move to a new facility.