(IN BRIEF) Kathleen Wantz-O’Rourke is set to become the Executive Vice President and Group Chief Financial Officer at SUEZ starting March 15th. Kathleen has extensive international finance experience, having held various CFO positions at SIEMENS in different countries and serving … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Management
Tagged AKKA Technologies, appointment, Circle of Women Leaders in Paris, Duke University, ENGIE, Kathleen Wantz-O'Rourke, NEXANS, Plastic Omnium, Sabrina Soussan, Siemens, SUEZ, the Institut de Haute Finance in Paris, Trust Management Institute, Turgot Prize, University Paris Dauphine
(IN BRIEF) Equinor has commenced operations at its Blandford Road battery storage facility in the UK, marking a significant milestone in its efforts to provide flexible power solutions and support the country’s transition to low-carbon energy. The 25 MW/50 MWh … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Norway, Technology, United Kingdom
Tagged Alex Grant, battery storage, British Energy Security Strategy, Danske Commodities, electricity, Electricity North West, ENWL, Equinor, lithium-ion battery, Noriker Power, Olav Kolbeinstveit, power solutions, SEPD, Southern Electric Power Distribution, The Blandford Road battery storage, The Welkin Mill battery storage
(IN BRIEF) Eneco and Corre Energy have entered into a provisional agreement to jointly develop and invest in Corre Energy’s inaugural compressed air energy storage (CAES) project in Germany, located in Ahaus, North Rhine-Westphalia. This collaboration will allow Eneco to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News
Tagged Compressed Air Energy Storage (CAES) Project, Corre Energy, Eneco, Germany, Kees-Jan Rameau, Keith McGrane, partnership, sustainability
(IN BRIEF) A.P. Moller – Maersk is pleased to welcome Flying Tiger Copenhagen as a new customer, as the Danish retailer commits to transporting its entire ocean freight volume under Maersk’s ECO Delivery solution starting in 2024. This initiative aims … Read the full press release
(IN BRIEF) Milan-based construction company, Webuild Group, has entered into a joint venture with Fomento de Construcciones y Contratas Canada Ltd. (“FCC Canada”) to win a contract valued at approximately €700 million to €1.3 billion for the development and construction … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged CANADA, FCC Canada, Milan, Ontario Line, Pape Tunnel and Underground Stations (PTUS) Development, partnership, sustainability, Webuild
(IN BRIEF) Plenitude, an Italian energy company specializing in renewable energy, has joined forces with BlueFloat Energy and Sener Renewable Investments to advance offshore wind projects in Spain. This partnership strengthens their existing consortium and creates a dominant player in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Italy, Spain
Tagged BlueFloat Energy, Carlos Martín, electric vehicle charging points, ENERGY, energy sales, energy services, Miguel Domingo, Offshore wind, offshore wind energy, onshore wind power, Parc Tramuntana, Parque Nordés, Parque Tarahal, Plenitude, renewable sources, Sener Renewable Investments, Solar PV, Spain, Stefano Goberti
(IN BRIEF) Altor has successfully closed Altor Fund VI at its hard cap of EUR 3 billion, marking the firm’s largest fund to date. With a track record of strong performance, including a 29% gross IRR and 3.0x money multiple … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Altor, Financial, fund, green transition, Harald Mix, investment, Klas Johansson, Paal Weberg, sustainability
(IN BRIEF) At the World Economic Forum’s Annual Meeting 2024, top-tier C-suite executives from Europe and MENA gathered to explore the shift from hardware to software in industries. Hosted by Roland Berger and Creative Dock, the event featured Renata Jungo … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Switzerland, Technology
Tagged AI, Manuel Hörl, Marcus Berret, Martin Pejsa, partnership, Prof. Dr. Tobias Gutmann, Renata Jungo Brüngger, Roland Berger, Software Supremacy, sustainability, Thomas Saueressig, Transformative Power, World Economic Forum
(IN BRIEF) RWE’s agrivoltaics (Agri-PV) plant in Germany, which integrates power generation and agriculture, has commenced the supply of green electricity to the grid after a rapid five-month construction period. Located on approximately seven hectares of recultivated land near the … Read the full press release
(IN BRIEF) Austrian Federal Railways (ÖBB) has placed an order for 70 trains with Siemens Mobility as part of a framework agreement secured in 2023. These trains, based on the Mireo platform, will be delivered in three different versions starting … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Matthä, Austrian Federal Railways (ÖBB), innovative, Michael Peter, Mireo trains, partnership, Siemens, Siemens Mobility, sustainability
(IN BRIEF) Nestlé has launched a new KitKat made with cocoa mass from beans grown by farmer families participating in the company’s income accelerator program. The initiative, aimed at addressing the living income gap of cocoa-farming families and reducing child … Read the full press release
(IN BRIEF) Ignacio Galán, the Executive Chairman of Iberdrola, stressed the significance of energy storage in accelerating investments in renewables during his participation in the Davos Forum session on tripling renewables. Galán emphasized the need for investments in electricity distribution … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Spain
Tagged Davos Forum, energy storage, Iberdrola, Ignacio Galán, John Kerry, Kadri Simson, sustainability
(IN BRIEF) SEB has announced its investment in Copenhagen Energy Islands, a new development company by Copenhagen Infrastructure Partners (CIP), dedicated to creating energy islands globally. These large-scale offshore energy hubs are poised to play a crucial role in the … Read the full press release
Posted in Banks, Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Copenhagen Energy Islands, investment, Jakob Baruël Poulsen, Kristian Skovmand, offshore, partnership, renewable energy, SEB, sustainability
(IN BRIEF) Societe Generale and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a Collaboration Framework Agreement to further their collaboration on sustainable finance initiatives in developing countries, aligning with their shared commitment to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged Financial, IFC, Makhtar Diop, partnership, Slawomir Krupa, SOCIÉTÉ GÉNÉRALE, sustainability
(IN BRIEF) Basilea Pharmaceutica Ltd (SIX: BSLN) has announced that its partner Knight Therapeutics Inc. (TSX: GUD) exceeded the sales threshold for the antifungal Cresemba (isavuconazole) in Latin America in 2023, triggering the first sales milestone payment for the region. … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Switzerland, Technology
Tagged antifungal, Basilea, Cresemba®, David Veitch, Knight Therapeutics, Latin America, partnership, sustainability
(IN BRIEF) ABB has announced its acquisition of a majority stake in Meshmind, a software service provider, to bolster its research and development capabilities in AI, Industrial IoT, and machine vision. This strategic move will enable ABB to establish a … Read the full press release
Posted in Bosnia and Herzegovina, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology
Tagged ABB, acquisition, AI, Automation Innovation, Bosnia, Joerg Theis, Meshmind, partnership, Sami Atiya, Sarajevo, software, sustainability
(IN BRIEF) A.P. Moller – Maersk (Maersk) has initiated the construction of a cutting-edge Cold Store facility in Mehsana, Gujarat, India, exclusively designed for HyFun Foods, a company specializing in frozen processed food items. This facility will provide temperature-controlled storage … Read the full press release
Posted in Business, Denmark, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Cold Store facility, HyFun Foods, INDIA, Kamlesh Karamchandani, Maersk, partnership, sustainability, Vikash Agarwal
(IN BRIEF) International technology group ANDRITZ has announced the establishment of a new business area called “Environment & Energy” to consolidate its environmental and energy-focused technologies, aiming to better align with the markets it serves. ANDRITZ Environment & Energy offers … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, Business Area, ENERGY, environmental, Financial, investment
(IN BRIEF) WIIT S.p.A., a leading European enterprise cloud computing services provider, has received a €10 million loan with a Green Guarantee from Intesa Sanpaolo to support sustainability projects, specifically the pursuit of its Environmental Objectives under the WIIT4Climate initiative. … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Italy, Management, News
Tagged Alessandro Cozzi, Intesa Sanpaolo, partnership, Pierluigi Monceri, SACE, sustainability, Sustainability Projects, WIIT
(IN BRIEF) Evonik has successfully completed its industrial-scale facility for sustainable biosurfactants in Slovakia, becoming the world’s first plant to produce sustainable rhamnolipid biosurfactants. These high-quality biosurfactants are manufactured through a biogenic, carbon-based fermentation process, eliminating the need for petrochemical … Read the full press release
Posted in Business, Chemicals, Construction, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Slovakia, Technology
Tagged biotechnology, Evonik, facility, Johann-Caspar Gammelin, partnership, rhamnolipid biosurfactants, Slovakia, sustainability, Yann d'Hervé
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