taking notes

Houston climate-focused week begins, DOE's $22.4M grant, and more things to know

Houston energy transition folks — here's what to know to start your week. Photo via Getty Images

Editor's note: Dive headfirst into the new week with three quick things to catch up on in Houston's energy transition.

DOE's energy efficiency-focused federal grant program grants Texas with $22.4M

Texas is among one of 17 states and territories to receive a portion of $66 million in awards for initiatives that pump federal dollars into their communities to support energy efficient projects.

The funds come from the U.S. Department of Energy's Energy Efficiency Revolving Loan Fund (RLF) Capitalization Grant Program. The RLF Program awards are intended to be put toward state-based loans and grants that go towards local businesses homeowners, and public spaces for "for energy efficiency audits, upgrades, and retrofits to increase energy efficiency," according to the DOE.

Texas received the largest portion thus far at $22.4 million. The dollars will go toward the creation of a new Texas-based revolving loan fund that operationally matches the existing Texas LoanSTAR revolving loan program. Read more.

Fresh insights: Rice University releases data, analysis on future of global energy

The Center for Energy Studies at Rice University’s Baker Institute for Public Policy has released a collection of articles addressing the most pressing policy issues in global energy.

The inaugural Energy Insights was supported by ongoing research at CES, with a goal of better understanding the energy landscape over the next few years.

“While no one can predict exactly what comes next, if we are paying attention, the road we travel provides plenty of signposts that can be used to understand the challenges and opportunities ahead,” wrote CES Senior Director Kenneth Medlock. Read more.

Roundup: Navigating Houston's two September climate-focused weeks

Houston is playing host to a ton of energy and climate-focused events next month. Photo courtesy of the Ion

This week, Houston is hosting tons of energy and climate-focused events. Here's what all to consider attending.

Find out more information about each week online:

Mark your calendars for next week for Gastech.

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A View From HETI

Spring-based Arroyo Investors has purchased Whirlwind Energy Center in Amarillo, Texas. Photo by Sam LaRussa on Unsplash.

Spring-based private equity firm Arroyo Investors has teamed up with ONCEnergy, a Portland, Oregon-based developer of clean energy projects, to buy a 60-megawatt wind farm southeast of Amarillo.

Skyline Renewables, which acquired the site, known as the Whirlwind Energy Center, in 2018, was the seller. The purchase price wasn’t disclosed.

Whirlwind Energy Center, located in Floyd County, West Texas, comprises 26 utility-scale wind turbines. The wind farm, built in 2007, supplies power to Austin Energy.

“The acquisition reflects our focus on value-driven investments with strong counterparties, a solid operating track record, and clear relevance to markets with growing capacity needs,” Brandon Wax, a partner at Arroyo, said in a press release. “Partnering with ONCEnergy allows us to leverage deep operational expertise while expanding our investment footprint in the market.”

Arroyo focuses on energy infrastructure investments in the Americas. Its portfolio includes Spring-based Seaside LNG, which produces liquefied natural gas and LNG transportation services.

Last year, Arroyo closed an investment fund with more than $1 billion in total equity commitments.

Since its launch in 2003, Arroyo has “remained committed to investing in high-quality assets, creating value and positioning assets for exit within our expected hold period,” founding partner Chuck Jordan said in 2022.

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