Will Wade

6 days ago | news.bloomberglaw.com | Shoko Oda |Will Wade

Canada’s most populous province greenlit a C$20.9 billion ($15 billion) plan to build a new, smaller kind of nuclear plant, a step forward for a nascent technology that’s been touted as a way to meet surging power demand from artificial intelligence. Ontario Power Generation Inc. won approval to build the first of four small modular reactors designed by GE Vernova Inc. at a site outside of Toronto, the provincial government said in a statementThursday.

6 days ago | news.bloombergtax.com | Shoko Oda |Will Wade

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6 days ago | bloomberg.com | Shoko Oda |Will Wade

The Darlington Nuclear Plant in Ontario. (Bloomberg) -- Canada’s most populous province greenlit a C$20.9 billion ($15 billion) plan to build a new, smaller kind of nuclear plant, a step forward for a nascent technology that’s been touted as a way to meet surging power demand from artificial intelligence.  Ontario Power Generation Inc. won approval to build the first of four small modular reactors designed by GE Vernova Inc.

1 week ago | financialpost.com | Doug Alexander |Will Wade

Article content(Bloomberg) — Peabody Energy Corp. is considering walking away from a $3.78 billion deal to acquire Anglo American Plc’s steelmaking coal assets after a fire at an Anglo mine in Australia. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Article contentPeabody notified Anglo of a material adverse change affecting the planned takeover, according to a statement Monday.

1 week ago | bloomberg.com | Doug Alexander |Will Wade

Photographer: Chris Ratcliffe/Bloomberg(Bloomberg) -- Peabody Energy Corp. is considering walking away from a $3.78 billion deal to acquire Anglo American Plc’s steelmaking coal assets after a fire at an Anglo mine in Australia. Peabody notified Anglo of a material adverse change affecting the planned takeover, according to a statement Monday. The issue involves the Moranbah North Mine in Australia, which remains shut following what Anglo described as a gas ignition event on March 31.