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Finance & Markets

Diversified Said to Near Deal for Elliott-Backed Birch

Diversified Energy Co. is in advanced talks to acquire Elliott Investment Management-backed oil and gas company Birch Resources for more than $1.7 billion in cash, according to people familiar with the matter.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Solar Surpasses Wind In Global Electricity Generation For The First Time

In 2007, nearly two decades ago, I wrote an article called “The Future Is Solar.” At the time, my argument was largely based on efficiency.

  • Solar surpassed wind as the top global electricity source in 2025.
  • Solar's share grew 30.1%, nearly three times wind's 8.2% growth.
  • China led solar production with 1,173 TWh, followed by the U.S. and India.

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