(IN BRIEF) bp is acquiring the remaining 50.03% stake in Lightsource bp, a leading utility-scale solar and battery storage developer and operator. This strategic move aims to enhance Lightsource bp’s growth and leverage bp’s complementary capabilities in finance and trading. … Read the full press release
(IN BRIEF) KORE Insulation has launched its low carbon EPS insulation, which has been selected for use in the Cloughan View housing development in Ballyclare, Northern Ireland, comprising 127 units and developed by the Braidwater Group. The high energy efficiency … Read the full press release
Posted in Business, Chemicals, Construction, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Real Estate
Tagged BASF, Braidwater Group, Brian Flax, Housing Development, KORE Insulation, Low Carbon EPS Insulation, Neopor, Northern Ireland, partnership, Phil Marsh, Rory Devlin, sustainability
(IN BRIEF) DHL is commencing the construction of a state-of-the-art, carbon-neutral European Innovation Center in Troisdorf, Germany, representing the company’s first venture into timber construction and a strong commitment to sustainability. Set to be completed in April 2025, the new … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Alexander Biber, carbon-neutral, DHL, Europe, Germany, Innovation Center, Katja Busch, partnership, sustainability, Sustainable Timber Construction, Troisdorf
(IN BRIEF) Equinor has reached an agreement to divest its Nigerian business, including its 53.85% ownership in oil and gas lease OML 128, which encompasses a 20.21% stake in the Agbami oil field operated by Chevron, to Nigerian-owned Chappal Energies. … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged €65.9 million in sovereign loans and grant funding to improve the electricity and water supply systems in the Kyrgyz Republic, addressing critical infrastructure and climate resilience needs. The … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Akylbek Japarov, climate resilience, EBRD, infrastructure, Kyrgyz Republic, Odile Renaud-Basso, partnership, sustainability
(IN BRIEF) ARCH Cold Chain Solutions Fund has unveiled its flagship cold storage facility in Nairobi, Kenya, within the Tatu City Special Economic Zone. This state-of-the-art facility, the first of its kind in Africa, offers temperature-controlled storage and distribution for … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Security & Safety, Technology, Transportation & Logistics
Tagged ARCH Cold Chain Solutions, cold storage facility, Edward Claessen, EIB, food waste, Fredd Kambo, Kenya, partnership, Safety Standards, sustainability
(IN BRIEF) In a significant move, the European Investment Bank’s (EIB) global arm, EIB Global, and Banca Intesa Beograd have signed a €100 million credit line aimed at supporting small and medium enterprises (SMEs) and mid-caps in Serbia. This initiative … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Serbia, Small Business
Tagged Banca Intesa Beograd, Darko Popović, EIB, EIB Global, Emanuele Giaufret, green investments, Kyriacos Kakouris, partnership, SERBIA, SME, sustainability
(IN BRIEF) Accenture, a global technology and consulting company, is set to acquire Rabbit’s Tale, a renowned Bangkok-based creative and digital experience agency. This strategic move aims to bolster the creative, brand, and data capabilities of Accenture Song, the world’s … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, acquisition, partnership, Patama Chantaruck, Rabbit's Tale, Sunard Thanasanaksorn, sustainability, THAILAND, Thomas Mouritzen
(IN BRIEF) TotalEnergies, one of Europe’s largest energy companies, has invested £20 million to acquire a minority stake in Xlinks First Limited, a UK-based company that aims to develop a groundbreaking renewable energy project in Morocco. The project involves a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged investment, partnership, Renewable Project, Simon Morrish, sustainability, TotalEnergies, UK Homes, Vincent Stoquart, Xlinks
(IN BRIEF) Centrica and Mitsubishi Power Europe have joined forces to explore the development of Europe’s inaugural ammonia-fired power generation facility at Bord Gáis Energy’s Whitegate CCGT power station in Cork, Ireland. This groundbreaking project aims to leverage low carbon … Read the full press release
Posted in Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Technology, United Kingdom
Tagged Ammonia-Fired Power Plant, Centrica, Chris O’Shea, Europe, Ireland, Javier Cavada, Mitsubishi, partnership, sustainability
(IN BRIEF) Kuehne+Nagel, a global logistics company, has announced its acquisition of Farrow, a renowned Canadian customs broker, as part of its growth strategy outlined in Roadmap 2026. Farrow, based in Windsor, Ontario, Canada, boasts a 112-year heritage and employs … Read the full press release
(IN BRIEF) Serbian Railways Infrastructure JSC is embarking on a comprehensive program aimed at enhancing its corporate governance and operational efficiency, backed by the European Bank for Reconstruction and Development (EBRD) and donors. This initiative encompasses three technical assistance projects: … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Transportation & Logistics, United Kingdom
Tagged Alessandro Bragonzi, Comprehensive Governance, EBRD, Matteo Colangeli, Nebojša Šurlan, partnership, Performance Improvement Program, Serbian Railways, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has finalized an investment agreement with M Plus Croatia, a subsidiary of Mplus Group, a Croatian business specializing in business-process outsourcing (BPO) services provided to companies in 57 countries. The … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, United Kingdom
Tagged acquisition, BPO services, CROATIA, Darko Horvat, EBRD, international expansion, investment, M Plus Croatia, Mark Davis, partnership, sustainability
(IN BRIEF) Eni, an Italian multinational energy company, has entered into an agreement with Swiss firm Open Energy Platform AG (Open EP) to ensure the uninterrupted supply of gas to Switzerland and Italy, particularly in situations involving interruptions or significant … Read the full press release
(IN BRIEF) Giving Tuesday, a global day promoting generosity and giving, organized by the Chartered Institute of Fundraising, is set to focus on celebrating acts of generosity and encouraging participation in charitable activities. NatWest Group, a long-time participant in Giving … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, Media, News, Non Profit, Society, United Kingdom
Tagged charity, Generous Contributions, Giving Tuesday 2023, Michael Duncan, NatWest Group
(IN BRIEF) The European Investment Bank (EIB) and the Investitionsbank des Landes Brandenburg (ILB) marked nearly three decades of collaboration at the EIB’s Berlin office. Since 1995, they have joined forces to finance various regional projects in the German state … Read the full press release
(IN BRIEF) Rheinmetall, a major international tech enterprise, has been awarded a significant contract for electric coolant pumps by one of the world’s largest automakers. The contract, valued in the mid-two-digit million-euro range, strengthens Rheinmetall’s position in the emerging Euro … Read the full press release
(IN BRIEF) SEB’s Investment Outlook for the current economic situation suggests that a soft landing may be on the horizon, characterized by both a cyclical slowdown and ongoing efforts to combat inflation through tight monetary policies. While late-cyclical phases typically … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, Fredrik Öberg, investment, SEB
(IN BRIEF) NatWest has introduced a unique board game called ‘All Mod Cons’ with the aim of increasing awareness about modern scams and encouraging family discussions about financial security, especially during the festive season. The game, available for 4-6 players, … Read the full press release
(IN BRIEF) ING has announced that, as part of its €2.5 billion share buyback program introduced on November 2, 2023, the company repurchased a total of 23,143,452 shares during the week of November 20 to November 24, 2023. These shares … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged buyback program, Financial, ING, investment, shares
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