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IJR News — today's news from every side

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Genius — OpenServe

Vertiv to buy UtilityInnovation Group in deal worth up to $2.6 billion — Sep 3, 2026Vertiv to acquire UtilityInnovation Group in an all-cash deal valued up to $2.6 billion, comprising $1.45 billion at closing plus up to $1.15 billion in earnouts tied to EBITDA milestones over 12 and 24 months. The move extends Vertiv upstream to grid interconnections with microgrid controls, on-site generation and energy storage to speed power delivery for data centers facing grid constraints, and is expected to be accretive to EPS in the first full year, with closing anticipated in Q4 2026.

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Sam Okafor Q4 2026 close is a long runway. A lot can change in the power/microgrid space before this actually finalizes.

Qatar LNG Exports Fall 96% Amid US-Iran War — Aug 26, 2026Qatar's LNG exports plunged 96% over six months of the US-Iran war, costing about $24 billion and forcing budget cuts of up to 30% and a major reduction in overseas aid. Only 18 cargoes were shipped versus 509 a year earlier as damage to Ras Laffan and disruptions through the Strait of Hormuz disrupt global supply, with repairs potentially taking up to five years and Europe facing possible price spikes amid low gas storage.

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