Beacon Energy

An Italian energy supplier has invested €1.4 million in LNEnergy Italy, acquiring roughly 10% of the shares. LNEnergy Italy subsequently increased its stake in the Colle Santo gas project from 90% to 100% after a partner withdrew. Beacon Energy still holds an indirect economic interest of about 43% in the project via subsidiaries; the final size of that interest depends on the completion of a second acquisition. RPS estimates the net present value of this interest at €37.6m at €40/MWh and €52.9m at €50/MWh. Colle Santo has already received VIA and UVP permits, and LNEnergy Italy is now pursuing the production concession (Förderkonzession). » Mere på de.investing.com

Beacon Power Services says Africa’s urban grids lose about a third of generated electricity to theft, leakage and poor metering, leaving cities like Lagos with highly unreliable supply. The company advocates creating a digital twin of the grid—using aerial imagery, field verification and node-level metering—to provide real-time visibility of flows, pinpoint losses and prevent outages. Beacon warns the technology exists but wider progress depends on financing, regulatory capacity and utilities’ ability to collect revenue so cities can industrialize and attract investment. » Mere på forbes.com