Daily Archives: 16, November 2024

Enemalta Partners with Siemens to Revolutionize Malta’s Grid with Predictive Energy Management

(IN BRIEF) Enemalta, Malta’s leading energy provider, is partnering with Siemens to enhance its grid infrastructure using the Gridscale X software platform. This innovative system will enable predictive management, reduce outages, and optimize grid operations for over 450,000 residents. The … Read the full press release

EIB Global and EU Unveil €70M Initiative to Empower Armenian MSMEs and Foster Sustainable Growth

(IN BRIEF) EIB Global and the European Commission have launched a €70 million financing package to support Armenian MSMEs. The package includes €58.5 million in loans to three financial institutions—Inecobank, ArmSwissBank, and Farm Credit Armenia—and an €11 million grant to … Read the full press release

Skanska Expands Hyperscale Data Center Project in Norway with Additional NOK 569M Contract

(IN BRIEF) Skanska has entered a NOK 569 million contract with WS Computing AS to construct the core and shell of a hyperscale data center in Skien, Norway. This deal builds on an earlier NOK 1.1 billion contract, bringing the … Read the full press release

Enea AB Announces Teemu Salmi as Incoming CEO to Lead Next Growth Phase

(IN BRIEF) Enea AB has named Teemu Salmi as its new President and CEO, effective April 1, 2025. Salmi, currently CEO of Nixu Corporation, brings extensive experience in telecom and cybersecurity, with a history of leadership roles at Ericsson and … Read the full press release

BESTSELLER and Aarhus Motion Extend Partnership to Elevate Aarhus City Half Marathon

(IN BRIEF) The BESTSELLER Aarhus City Half Marathon, a flagship event in Denmark, continues to thrive as BESTSELLER and Aarhus Motion announce an extended partnership. With over 13,000 runners participating in this year’s race, the collaboration aims to further enhance … Read the full press release

Sunrise Communications Debuts on SIX Swiss Exchange as an Independent Company

(IN BRIEF) Sunrise Communications AG, a Liberty Global spin-off, has officially listed its Class A shares on the SIX Swiss Exchange under the ticker “SUNN,” debuting at CHF 44.75 per share with a market capitalization of CHF 3.2 billion. The … Read the full press release

CapMan Infra Invests in Finland’s Leading Bioenergy and Heat-as-a-Service Provider ProPellet

(IN BRIEF) CapMan Infra, through its Nordic Infrastructure II fund, has acquired a majority stake in ProPellet Oy, Finland’s leading bioenergy producer and heat-as-a-service (HaaS) operator. ProPellet, which operates over 120 heating sites and two pellet production facilities using forestry … Read the full press release

Landmark Solar and Battery Project in Senegal to Deliver Clean Energy to 235,000 People

(IN BRIEF) An EUR 84 million investment will fund the development of two photovoltaic solar plants with integrated battery energy storage systems (BESS) in Senegal’s Kolda region, providing clean energy to 235,000 people. Spearheaded by the Emerging Africa & Asia … Read the full press release

India Eyes Satellite Tolling to Combat Traffic Woes and Pollution with Sustainable Solutions

(IN BRIEF) India is exploring satellite tolling as a sustainable solution to combat traffic congestion, air pollution, and declining road maintenance resources. Using GPS, Galileo, and other satellite systems, this advanced tolling technology enables real-time, distance-based vehicle charges without extensive … Read the full press release

PUMA Celebrates African Heritage with Launch of National Team Kits

(IN BRIEF) PUMA has launched Home and Away kits for Egypt, Côte d’Ivoire, Morocco, Senegal, and Ghana, blending cultural heritage and cutting-edge performance. Each kit reflects national identity, with designs inspired by historical and cultural elements like Egyptian Pharaohs, Moroccan … Read the full press release

Mutares Expands Nordic Portfolio with Acquisition of VR Road Logistics

(IN BRIEF) Mutares SE & Co. KGaA has signed an agreement to acquire VR Road Logistics, a Finnish road logistics provider specializing in services for industrial clients in forestry, metals, construction, and mining. The company, which generated approximately EUR 80 … Read the full press release

Global Energy Giants Commit $500 Million to Advance Universal Energy Access for Underserved Regions

(IN BRIEF) Four major energy companies—bp, Equinor, Shell, and TotalEnergies—have committed $500 million to address global energy access challenges, particularly in underserved regions like Sub-Saharan Africa, South Asia, and Southeast Asia. This collaborative effort aims to support UN Sustainable Development … Read the full press release