Daily Archives: 16, August 2024

EQT Private Capital Asia to Acquire Leading Southeast Asian PropTech Firm PropertyGuru

(IN BRIEF) EQT Private Capital Asia, through its BPEA Private Equity Fund VIII, has announced the acquisition of PropertyGuru Group Limited, a leading PropTech company in Southeast Asia. This move strengthens EQT’s portfolio in the digital real estate sector, providing … Read the full press release

EQT to Establish Leading Waste Management Platform in South Korea with Acquisition of KJ Environment

(IN BRIEF) EQT Infrastructure VI has acquired KJ Environment and its affiliated companies in South Korea to create a leading waste management platform focused on plastic recycling and waste-to-energy. This acquisition aligns with EQT’s strategy of investing in sustainable infrastructure … Read the full press release

SGS Launches Global Training Program to Equip Auditors with Enhanced Forced Labor Detection Skills

(IN BRIEF) SGS has partnered with Stronger Together to develop a training course aimed at enhancing the skills of auditors in detecting and reporting forced labor. The “Detecting and Reporting Forced Labor: Guidance for Auditing” course, now publicly available, equips … Read the full press release

British Gas Joins Forces with Leading Partners to Pave the Way for Decarbonizing Social Housing

(IN BRIEF) British Gas has joined a consortium with NatWest, Places for People, Sero, and Tallarna to pilot a new approach to decarbonizing up to 1,000 social housing units. The initiative will test financial models that make retrofitting more affordable, … Read the full press release

University of St.Gallen Showcases Apprenticeship Opportunities at Eastern Switzerland Education Exhibition (OBA)

(IN BRIEF) The University of St.Gallen (HSG) will participate in the Eastern Switzerland Education Exhibition (OBA) from August 29 to September 1, 2024, at the St.Gallen Olma halls. HSG will showcase six apprenticeship programs, including roles like Information and Documentation … Read the full press release

Avangrid and Statkraft Expand U.S. Renewable Energy Collaboration with New Pennsylvania Wind Farm Agreement

(IN BRIEF) Avangrid and Statkraft have signed a new Virtual Power Purchase Agreement (VPPA) for energy from the 35 MW Casselman wind farm in Pennsylvania, marking their second such deal in nine months. This agreement strengthens the partnership between the … Read the full press release

Abertis Strengthens Presence in Chile with New Ruta 5 Santiago-Los Vilos Concession

(IN BRIEF) Abertis has won the concession for the Ruta 5 Santiago-Los Vilos motorway in Chile, extending its presence in the country and solidifying its position as a leading toll road operator. Starting in April 2025, Abertis’ subsidiary VíasChile will … Read the full press release

IKEA Revolutionizes Warehouse Operations with AI-Powered Drones

(IN BRIEF) IKEA is expanding its use of AI-powered drones to automate inventory management across its warehouses in Europe and North America. After successful testing in Belgium, the drones will now operate 24/7, freeing up employees for other tasks and … Read the full press release

Wolters Kluwer’s CCH Tagetik Platform Maintains Leadership in Supply Chain Planning with Advanced AI Innovations

(IN BRIEF) Wolters Kluwer has been named a Leader in the Nucleus Research Supply Chain Planning Technology Value Matrix for the fourth consecutive year. The company’s CCH Tagetik platform is recognized for its integration of supply chain, financial, and operational … Read the full press release

Adyen Enters Indian Market with Local Payment Processing and Bengaluru Tech Hub

(IN BRIEF) Adyen has expanded into India, receiving authorization from the Reserve Bank of India to operate as an Online Payment Aggregator. The expansion includes launching local payment processing capabilities and establishing a technology hub in Bengaluru. Adyen’s platform enables … Read the full press release

BMW Group Extends Partnership with Adyen to Enhance In-Person Payments at BMW Welt and BMW Museum

(IN BRIEF) Adyen and BMW Group have expanded their partnership to include point-of-sale (POS) payment solutions at BMW Welt and the BMW Museum in Munich. This extension builds on their successful e-commerce collaboration, ensuring a seamless payment experience for BMW … Read the full press release

LANXESS Mobilizes Rely+On Virkon in Response to WHO’s Mpox Emergency Alert

(IN BRIEF) LANXESS has announced that its disinfectant, Rely+On Virkon, has been proven effective against the Mpox virus, following the WHO’s declaration of an international health emergency due to rising infections in Central and East Africa. The disinfectant is crucial … Read the full press release

Prudential Partners with Google Cloud to Launch AI Lab, Pioneering the Future of Insurance and Healthcare in Asia and Africa

(IN BRIEF) Prudential and Google Cloud have partnered to launch an AI Lab in Singapore, focused on developing AI-driven solutions to enhance customer experiences, improve healthcare access, and optimize operations in the insurance sector. The Lab will empower Prudential’s 15,000 … Read the full press release

DLG Enhances Global Trade Fair Accessibility with Deutsche Telekom’s AI-Powered Translation and Transcription Tool

(IN BRIEF) DLG (German Agricultural Society) has implemented Deutsche Telekom’s “transcribbyAI” to provide real-time transcription and translation in over 100 languages at its international trade fairs. This AI-driven tool enhances accessibility, particularly for participants with hearing impairments, and reduces costs … Read the full press release

ENGIE Achieves Financial Close on 250 MW Goorambat East Solar Farm, Paving the Way for Major Renewable Energy Expansion in Victoria

(IN BRIEF) ENGIE has reached Financial Close for the Goorambat East Solar Farm, a 250 MW renewable energy project in northern Victoria. With construction set to begin soon and completion expected by 2026, the solar farm will provide enough electricity … Read the full press release

EIF Backs €50 Million in Nine Realms Fund to Propel Sustainable Supply Chain Innovation Across Europe

(IN BRIEF) The European Investment Fund (EIF) has invested €50 million in Nine Realms’ new venture capital fund, Nine Realms Fund I K/S, which aims to raise €200 million to support early-stage companies focused on sustainable supply chain technology. The … Read the full press release