WaterBridge raises $634 million in U.S. IPO backed by Five Point Energy

WaterBridge, a Texas-based water management company backed by private equity giant Five Point Energy, has raised $634 million in its initial public offering, making it one of the largest public listings this year in the U.S. energy infrastructure space. The company priced its shares within the expected range, reflecting strong investor appetite despite ongoing market […]

Biden rushes military aid to Ukraine amid Russia’s Christmas day strikes

Russia launched devastating airstrikes on Ukraine during Christmas, targeting energy infrastructure and leaving millions vulnerable in freezing conditions. The strikes resulted in one fatality in Dnipropetrovsk and six injuries in Kharkiv. Ukrainian President Volodymyr Zelenskyy condemned the attacks, calling them inhumane and accusing Russia of intentionally targeting critical infrastructure during the holiday season. In response, […]