Daily Archives: 27, December 2023

Maersk Joins Forces with Yokohama and Mitsubishi for Green Methanol Bunkering in Japan

(IN BRIEF) A.P. Moller-Maersk (Maersk) has signed an MoU with the City of Yokohama and Mitsubishi Gas Chemical (MGC) to collaborate on establishing green methanol bunkering infrastructure in Yokohama, Japan. This partnership aligns with Maersk’s goal of achieving net-zero emissions … Read the full press release

Vestas Secures 254 MW Wind Turbine Order for Confidential Australian Project

(IN BRIEF) Vestas, the global wind turbine manufacturer, has clinched a significant order for 254 MW to power an undisclosed wind project in Australia. The order encompasses 41 V162-6.2 MW wind turbines sourced from Vestas’ EnVentus platform. In addition to … Read the full press release

Outokumpu Completes Repurchase of 156,771 Own Shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) On December 22, 2023, Outokumpu successfully concluded the repurchase of its own shares in accordance with its share buyback program, as previously announced on November 29, 2023. The program, authorized by the Annual General Meeting, allows for the … Read the full press release

Skanska Secures $81 Million Contract for Renovation of Historic War Memorial Building in Nashville

(IN BRIEF) Skanska has entered into a contract with the State of Tennessee for the extensive renovation of the iconic War Memorial Building in Nashville, Tennessee, USA. Valued at USD 81 million (approximately SEK 860 million), this project will be … Read the full press release

Skanska Invests CZK 1 Billion in Eco-Friendly Residential Project in Prague

(IN BRIEF) Skanska is committing CZK 1 billion (approximately SEK 480 million) to fund the second phase of the Modransky cukrovar residential development project in Prague, Czech Republic. This phase will encompass 126 apartments and six commercial units, and it … Read the full press release

Iberdrola Receives Environmental Approval for Spain’s First Hybrid Photovoltaic and Hydroelectric Plant

(IN BRIEF) Iberdrola has achieved a significant environmental milestone with the approval of Spain’s inaugural hybrid photovoltaic and hydroelectric plant, known as HIDRO Cedillo. The project, located in Extremadura’s municipality of Cedillo, is set to boast an impressive capacity of … Read the full press release

AstraZeneca Advances in Cell Therapy with Acquisition of Gracell Biotechnologies

(IN BRIEF) AstraZeneca has announced its definitive agreement to acquire Gracell Biotechnologies Inc. (NASDAQ: GRCL), a global biopharmaceutical company specializing in cell therapies for cancer and autoimmune diseases. This strategic move aims to bolster AstraZeneca’s presence in the field of … Read the full press release

Terna Achieves Milestones in Governance and Tax Transparency, Gains Admission to Italian Tax Scheme

(IN BRIEF) Terna, Italy’s national power grid operator, has achieved noteworthy milestones by securing the “UNI Pdr 104 2021” certification for robust administrative and tax governance and being admitted to the Italian Revenue Agency’s Collaborative Compliance tax scheme. The certification, … Read the full press release

Norsk Hydro ASA’s Share Buyback Program Doubles Owned Shares, Now Holds 1.42% of the Company’s Total

(IN BRIEF) Norsk Hydro ASA has provided an update on its share buyback program, which commenced on September 22, 2023, and is scheduled to conclude on February 29, 2024. The program’s recent transactions include the purchase of 75,309 shares on … Read the full press release

Aviva Expects £80 Million Boost in Singlife Sale Proceeds Due to Sumitomo Deal

(IN BRIEF) Aviva plc has announced its anticipation of an additional £80 million in proceeds from the sale of its stake in Singapore Life Holdings Pte Ltd (Singlife) to Sumitomo Life Insurance Company, as Sumitomo Life agreed to acquire TPG’s … Read the full press release