(IN BRIEF) EDF and Trimet have signed a long-term contract for the supply of electricity to support aluminium production in France. The agreement extends their existing partnership and secures the energy supply for Trimet’s aluminium smelter in Saint-Jean-de-Maurienne. The contract … Read the full press release
(IN BRIEF) TotalEnergies has formed a partnership with Petronas and Mitsui to develop a carbon storage project in Southeast Asia. The collaboration will assess potential CO2 storage sites in the Malay Basin, including saline aquifers and depleted offshore fields. The … Read the full press release
Posted in Energy, Gas & Oil, Environment, France, Industrial, Infrastructure & Utilities
Tagged carbon capture and storage, Carbon Storage Hub, CO2 storage, decarbonization, Malay Basin, Malaysia, Mitsui, Patrick Pouyanné, PETRONAS, saline aquifers, Southeast Asia, Tan Sri Tengku Muhammad Taufik, Toru Matsui, TotalEnergies
(IN BRIEF) TotalEnergies and Petronas’ Gentari Renewables have announced a strategic collaboration to develop renewable energy projects in the Asia Pacific region. The partnership aims to leverage TotalEnergies’ expertise in renewable energy and Petronas’ clean energy solutions to drive the … Read the full press release
(IN BRIEF) Avient Corporation and BASF have partnered to introduce colored grades of Ultrason® high-performance polymers to the global market. The collaboration combines BASF’s Ultrason® polyarylethersulfones (PAES) as the base polymer with Avient’s Colorant Chromatics™ expertise in high-temperature color formulations. … Read the full press release
(IN BRIEF) Deutsche Post AG has successfully issued its first sustainability-linked bond worth €500 million. The bond’s interest rate is tied to the company’s ambitious CO2 emissions reduction targets. Deutsche Post AG aims to decrease its greenhouse gas emissions to … Read the full press release
(IN BRIEF) LCH Group, majority-owned by the London Stock Exchange Group (LSEG), has agreed to acquire Euronext’s 11.1% stake in LCH SA, the French subsidiary of LCH Group, for EUR 111 million. This transaction will grant LCH Group full ownership … Read the full press release
Posted in Business, Financial, France, Investment, United Kingdom
Tagged acquisition, credit derivatives, equity clearing services, Euronext, Eurozone, LCH Group, LCH SA, LSEG, repo transactions, Stake Acquisition
(IN BRIEF) RWE is expanding its solar business in Spain with the commissioning of the Puerta del Sol solar farm, following the earlier launch of Casa Valdes. Puerta del Sol, located near Madrid, has a capacity of 44 MWac and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Spain
Tagged Casa Valdes solar farm, Ferrovial, Gazules project, Green Energy, Guadalajara province, Katja Wünschel, Las Vaguadas, Madrid, Orkoien onshore wind, Puerta del Sol, RWE, RWE Renewables Iberia, Solar, solar farms, Spain
(IN BRIEF) Tom Drechsler has been appointed as the new head of the Communication department at Škoda Auto, starting from July 1. He replaces Ariane Kilian, who is temporarily stepping down due to personal reasons. Drechsler brings extensive experience, having … Read the full press release
Posted in Automotive, Business, Czech Republic, Management, Marketing, Media
Tagged Ariane Kilian, Auto Bild, AUTO BILD Group, Communication, communications manager, journalist, Klaus Zellmer, leadership, ŠKODA, ŠKODA AUTO, Tom Drechsler
(IN BRIEF) BNP Paribas, in collaboration with Banque des Territoires and the European Investment Fund (EIF), has launched a new marketplace initiative called the BNP Paribas European Impact Bonds Fund 2. This fund aims to support the expansion of Impact … Read the full press release
Posted in Banks, Environment, European Union, Financial, France, Society
Tagged Antoine Sire, Banque des Territoires, BNP Paribas, BNP Paribas European Impact Bonds Fund 2, Cazenave Report, child protection, Christophe Genter, combating homelessness, European Investment Fund, European Union, fighting school dropout, Impact Bonds, L’Ascenseur in Paris, NEET, people with disabilities, refugees, Roger Havenith, SIBs, Social Impact Bonds fund, vulnerable youth
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