(IN BRIEF) Wood has partnered with Tendrill to form TendrillWood, a joint venture delivering engineering, procurement, and construction services in Brunei. Established in 2023, TendrillWood combines Wood’s global expertise with Tendrill’s local knowledge, employing a workforce that is 74% Bruneian. … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Brunei, ENERGY, Engineering Solutions, Haryati Ramlee, partnership, Steve Nicol, sustainability, Tendrill, Wood
(IN BRIEF) Hydro’s Alumetal recycling plant in Kety, Poland, will enhance its sustainability by installing solar panels to generate 1,000 MWh of renewable electricity annually, set to be operational by mid-2025. The EUR 870,000 investment is part of Hydro’s broader … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Poland, Technology
Tagged Agnieszka Drzyżdżyk, Alumetal, Hanne Simensen, Hydro, Kety Plant, partnership, Poland, renewable, sustainability
(IN BRIEF) AFRY has joined Industrikraft as an equal shareholder, expanding the initiative’s network of industry leaders committed to supporting the expansion of Sweden’s electricity supply. With a focus on sustainable, fossil-free energy sources, Industrikraft aims to shape Sweden’s energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, energy transition, Henrik Tegnér, Industrial Growth, Industrikraft, partnership, Robert Andrén, sustainability, Sweden, Tom Erixon
(IN BRIEF) ABL has been awarded a contract to provide Marine Warranty Survey (MWS) services for Iberdrola’s 315 MW Windanker offshore wind farm in the Baltic Sea, off Germany’s coast. ABL Germany, based in Hamburg, will oversee the safe and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged ABL, Germany, Iberdrola, Marine Warranty Survey, partnership, sustainability, Tilo Klappenbach, Windanker Offshore Wind Farm
(IN BRIEF) Continental has introduced ATE SecuBrake, the first sustainably produced DOT 4 brake fluid free from hazardous materials requiring special labelling. Part of the ATE New Original line, it is designed for advanced braking systems, including those in electric … Read the full press release
(IN BRIEF) ADNOC’s West Aquifer CO2 storage site in the UAE has received feasibility certification from DNV, marking a significant milestone in the Middle East’s carbon capture and storage (CCS) efforts. This certification validates the site’s potential for long-term CO2 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged ADNOC, Carbon Capture Goals, DNV, Hanan Balalaa, Middle East, partnership, Santiago Blanco, sustainability, UAE, West Aquifer CO2 Storage Site
(IN BRIEF) Encavis AG has successfully fulfilled all conditions for its voluntary public takeover by Elbe BidCo AG, a KKR-led consortium, which now holds 87.73% of Encavis shares after acquiring 87.41% at EUR 17.50 per share. The partnership, formalized through … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged acquisition, Dr. Christoph Husmann, Elbe BidCo AG, Encavis, investment, KKR, Max Viessmann, partnership, Tobias Krauss, Vincent Policard, Voluntary Public Takeover
(IN BRIEF) TotalEnergies has partnered with Air Liquide to produce renewable hydrogen at the La Mède biorefinery in southeast France, aiming to reduce its CO2 emissions by 130,000 tons annually. The €150 million project will recycle byproducts to produce 25,000 … Read the full press release
(IN BRIEF) Equinor ASA announced a total cash dividend of USD 0.70 per share for Q2 2024, comprising an ordinary and an extraordinary dividend of USD 0.35 each. Based on the average USD to NOK exchange rate of 11.0741, the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged Dividend Payments, Equinor, Financial, investment
(IN BRIEF) Aviva has completed a £1.7 billion pensioner buy-in with the National Grid Electricity Group, part of the Electricity Supply Pension Scheme, ensuring benefits for 5,800 pensioner members. Finalized in October 2024, the transaction included transitioning an existing longevity … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, investment, National Grid Electricity, partnership, Pensioner Buy-In, Sean Rooney, Stephen Yandle, sustainability, Tom Scott, Zurich UK
(IN BRIEF) The BIOSYNERGY plant, a cutting-edge facility for generating renewable energy from biomass and solid recovered fuel (SRF), has been inaugurated in the Le Havre region of Normandy, France. Spearheaded by SUEZ and Vauban Infrastructure Partners, alongside regional and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged BIOSYNERGY Plant, Edouard Philippe, France, Hervé Morin, Mounir Corm, Normandy, partnership, Sabrina Soussan, SUEZ, sustainability, sustainable innovation, Vauban Infrastructure Partners, Waste-to-energy
(IN BRIEF) The EBRD is providing €13 million to ProCredit Bank Kosovo through two initiatives: €8 million under the SME Reboot Programme to help small and medium-sized enterprises (SMEs) invest in green technologies and €5 million through the Green Economy … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, United Kingdom
Tagged EBRD, investments, partnership, ProCredit Bank Kosovo, Sergiy Maslichenko, SME, sustainability, Visar Paçarada
(IN BRIEF) The EBRD, in partnership with Raiffeisen Bank International, is providing €103 million to fund a 237 MWp solar photovoltaic plant in southeastern Bulgaria, developed by Tenevo Solar Technologies. The project will generate over 300 GWh of electricity annually, … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Bulgaria, EBRD, Grzegorz Zieliński, Kalina Pelovska, partnership, Raiffeisen Bank International, solar project, sustainability, Tenevo Solar Technologies
(IN BRIEF) Societe Generale has set a new €500 billion sustainable finance target for 2024-2030, focusing 80% on environmental initiatives like renewable energy and 20% on social projects. Having achieved its earlier €300 billion target ahead of schedule, the bank … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged Financial, partnerships, Slawomir Krupa, SOCIÉTÉ GÉNÉRALE, sustainability
(IN BRIEF) Gasum has partnered with Finnish shipping company Viking Line to include its LNG-powered vessels in the FuelEU Maritime pooling service, enabling compliance with EU carbon reduction targets. Viking Line will contribute over-compliance by operating its daily routes with … Read the full press release
(IN BRIEF) Landis+Gyr Group AG has appointed Peter Mainz as its new CEO, effective immediately, succeeding Werner Lieberherr, who will retire in 2025. Mainz, a member of Landis+Gyr’s Board since 2018 and former CEO of U.S. smart metering leader Sensus, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology
Tagged appointment, CEO, Landis+Gyr, leadership, Peter Mainz, Werner Lieberherr
(IN BRIEF) Hewlett Packard Enterprise (HPE) is partnering with renewable energy leader RWE to implement HPE Private Cloud AI, enhancing weather modeling, improving forecast accuracy, and optimizing energy resource management. This scalable AI-driven platform, part of the NVIDIA AI Computing … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Technology, United Kingdom
Tagged Cloud AI, Fidelma Russo, Germany, HPE, partnership, renewable energy, RWE, Simon Tarplee, sustainability, USA
(IN BRIEF) BALANCE Erneuerbare Energien GmbH, a subsidiary of VNG AG, has acquired a biogas plant in Grasleben, Lower Saxony, expanding its portfolio to 42 plants with a total thermal output of 192 MWFTC, enough to supply renewable energy to … Read the full press release
Posted in Berlin, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisition, BALANCE Erneuerbare Energien GmbH, biogas, Grasleben Plant, Hans-Joachim Polk, partnership, sustainability, VNG AG, Volker Klinkert
(IN BRIEF) The European Investment Fund (EIF) has committed €35 million to Move Energy’s venture capital “Fund I,” which supports early-stage European ventures focused on decarbonizing power, transport, and buildings—sectors responsible for 55% of global CO₂ emissions. Backed by the … Read the full press release
Posted in Banks, Berlin, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged decarbonization, EIF, EU, Lex Roukens, Marjut Falkstedt, Move Energy, Netherland, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) has provided a €105 million loan to the Municipality of Tuusula in Finland to construct energy-efficient school complexes for 3,500 students. The project, spanning three neighborhoods, aims to create modern educational spaces aligned … Read the full press release
Posted in Banks, Business, Construction, Education, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged EIB, ENERGY, Finland, Kalle Ikkelä, partnership, School Complexes, sustainability, Thomas Östros, Tuusula Municipality
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