The Chem Ledger
TCL #65: Off Shore Data Centers
Plus: EU green hydrogen rule and more.
Energy
The Chem Ledger
TCL #59: Energy Maxxing for Data Centres
Welcome back to The Chem Ledger. Today's newsletter delves into new deals in the Battery, Energy, Nuclear, Fuel, and Drug Delivery space. If someone forwarded this newsletter to you, you can have direct access here. Battery Google has committed an investment of $1 billion to Form Energy for
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TCL #57: Cotton Waste to Carbon Credits
Plus: Materials, Mining, and Energy updates
The Chem Ledger
TCL #55: Black Gold Rules All
Good morning. This is the first newsletter of 2026, in which we look back at last week's key occurrences in the chemical and allied industries. Oil & Gas On January 3, 2026, the US conducted a military strike on Venezuela following months of planning and a series of
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TCL #53: Fluor, Fervo, Boom lead dash into mining, geothermal and power turbines
Last week, while markets argued over rate cuts, boards green-lit more projects to chase rocks, heat and spinning metal, the unglamorous assets that keep AI servers humming and delivery vans rolling. Mining Fluor Corporation has been awarded a contract by Teck Resources Limited for the Highland Valley Copper Mine
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Mining Splits, Copper Bets, and Nuclear’s Small Scale
The Chem Ledger #52
The Chem Ledger
TCL #50: A Billion Here, A Billion There
This week saw a flurry of billion-dollar deals across energy, biotech, and pharma. The US Department of Energy is reviving the Three Mile Island nuclear plant with a $1 billion loan, while TotalEnergies is investing $6 billion in Europe's electric future. Johnson & Johnson and Roche made
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TCL #49: Power Plays and Carbon Bets
From Texas oil fields to Indian rice paddies, this week's deals reveal how capital chases the twin imperatives of the energy transition. Power demand surges while the world seeks to decarbonise where possible. Investors wager that profits and climate solutions might yet prove companions rather than adversaries. Meanwhile,
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TCL #48: Consolidation and Critical Minerals
Last week's transactions reveal the contours of American industrial policy in action. The federal government is deploying over $700 million in loans and incentives to establish domestic rare earth magnet production, addressing a critical supply chain vulnerability. Meanwhile, capital continues to consolidate. Oil producers are merging to achieve
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TCL #47: Silicon Valley and Nuclear Shadows
The collision between artificial intelligence and energy infrastructure is producing unexpected alliances. NextEra Energy and Google are reopening Iowa's Duane Arnold Energy Center, a nuclear plant shuttered for five years, to power Google's expanding AI operations. The US government has separately committed $80 billion with Westinghouse
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TCL #42: The Funding Flow
From geothermal grids to plastic purification, venture capital finds new frontiers in industrial innovation
The Chem Ledger
TCL #39: Activists Target Chemical Giants
From carbon conversion to corporate raiders, the chemical sector seeks new formulas for growth