Renewable Parts LLC announced as a finalist for the Platts Global Energy Awards

HOUSTON - Sept. 19, 2025 - PRLog -- This year's finalists, over 50% of which hail from outside of the United States, were just announced by program host S&P Global Commodity Insights, the leading independent provider of information, data, analysis and benchmark prices for the energy, petrochemicals, metals, shipping, commodities, and energy transition markets.

A must-attend event, the Platts Global Energy Awards, often described by participants as the "Oscars" of energy, recognize corporate and individual innovation, leadership, and exemplary performance in 21 categories spanning the entire energy and chemicals value chain.

This year's Platts Global Energy Awards program saw increased nomination submissions from Latin America, which garnered finalists from Colombia, Brazil, Argentina, and Mexico. In addition to the Americas' finalists, many other nations were represented, including Italy, Morocco, the Netherlands, Finland, Turkey, and Australia.

Renewable Parts LLC has been shortlisted for the awards in the "Rising Star Company" category, in light of the company's drive to bring a circular economy approach to address parts consumption in the wind industry. The innovative company has been recirculating wind turbine component parts at scale for around a decade in Europe, and now has its first satellite location in Houston, Texas. The company is refurbishing and remanufacturing small component parts such as pumps, motors, cylinders and gearboxes using a local workforce, and then holding these in stock so they are available immediately for the turbine operators. This drastic reduction in cost and lead time has been of huge benefit to companies who have been struggling with erratic supply chains for many years.

"The shifting landscape within the energy industry has brought forward numerous business-impacting challenges. Platts Global Energy Awards is pleased to spotlight companies and individuals who not only navigate the environment well, but continue to lead the way in pioneering vision, progress, exemplary performance, and innovation for a more sustainable energy future," said Allison Sacco, Executive Producer, S&P Global Commodity Insights.

See the full list of finalists here: 2025 Platts Global Energy Awards Finalists

Winners of the 27^th annual Platts Global Energy Awards will be announced the evening of December 11 at a black-tie gala in downtown Manhattan. The winners of the Platts Global Energy Awards are determined by an independent judging panel of international energy experts whose backgrounds and experiences include regulation, policymaking, corporate leadership, trading, and strategic consulting. S&P Global Commodity Insights nor its event sponsors submit votes or select winners.

Access the full list of nomination categories and event details at the Platts Global Energy Awards website: www.globalenergyawards.com

About S&P Global Commodity Insights

At S&P Global Commodity Insights, our complete view of global energy and commodity markets enables our customers to make decisions with conviction and create long-term, sustainable value.

We're a trusted connector that brings together thought leaders, market participants, governments, and regulators and we create solutions that lead to progress. Vital to navigating commodity markets, our coverage includes oil and gas, power, chemicals, metals, agriculture, shipping and energy transition. Platts^® products and services, including leading benchmark price assessments in the physical commodity markets, are offered through S&P Global Commodity Insights. S&P Global Commodity Insights maintains clear structural and operational separation between its price assessment activities and the other activities carried out by S&P Global Commodity Insights and the other business divisions of S&P Global.

S&P Global Commodity Insights is a division of S&P Global. S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information visit https://www.spglobal.com/commodityinsights.

About Renewable Parts LLC

Renewable Parts is a pioneering organisation proactively working to de-carbonise the wind industry since 2011.  They recirculate components for turbines that would normally be sent to scrap and landfill, and they help to maximise turbine uptime by reducing lead times through their experienced supply chain network. Read the full story at https://www.renewable-parts.com