Chevron acquires majority stake in the Advanced Clean Energy Storage project

SAN RAMON, Calif. / HOLLADAY, Utah — September 12, 2023 — Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has closed a transaction with Haddington Ventures to acquire 100% of Magnum Development, LLC (Magnum Development) and thus a majority interest in ACES Delta, LLC (ACES Delta), which is a joint venture between Mitsubishi […]

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