Tag Archives: energy transition

AES to Be Acquired by Global Infrastructure Partners and EQT Led Consortium in $10.7 Billion All Cash Transaction

(IN BRIEF) The AES Corporation has agreed to be acquired by a consortium led by Global Infrastructure Partners and EQT Infrastructure VI, alongside CalPERS and QIA, in an all-cash transaction valued at $10.7 billion in equity and approximately $33.4 billion … Read the full press release

Associated British Ports Launches National Virtual Work Experience Programme to Broaden Access to Maritime Careers

(IN BRIEF) Associated British Ports has launched a virtual work experience programme during National Careers Week to help students explore how UK ports function and learn about career opportunities in maritime logistics and renewable energy. Created with Talent XP, the … Read the full press release

AFRY Finalizes Reta Engenharia Integration to Support Industrial and Mining Projects Across Latin America

(IN BRIEF) AFRY has finalized the integration of Reta Engenharia into its Brazilian operations, with the company now operating entirely under the AFRY brand as of March 2, 2026. The integration follows the acquisition announced in July 2025 and strengthens … Read the full press release

Eneco Appoints Martijn Hagens as Chief Executive Officer to Lead Next Stage of Sustainable Energy Development

(IN BRIEF) Eneco has welcomed Martijn Hagens as its new Chief Executive Officer, marking the start of a new leadership phase following the interim tenure of Kees-Jan Rameau. Hagens brings extensive experience from his previous leadership roles at Vattenfall, including … Read the full press release

EDF Provides Customer Support and Free Meter Upgrades Ahead of RTS Switch-Off in South East England

(IN BRIEF) EDF is preparing customers in the South East of England for the upcoming Radio Teleswitch Service shutdown starting on 2 March, which will affect around 21,000 households using RTS-controlled heating or hot water systems. The company is offering … Read the full press release

Schneider Electric Reports Strong Sustainability Performance as Schneider Sustainability Impact 2021–2025 Program Concludes

(IN BRIEF) Schneider Electric has published its 2025 extra-financial results, marking the completion of the Schneider Sustainability Impact 2021–2025 program with an overall score of 8.86 out of 10. Over the five-year period, the company demonstrated measurable progress across environmental, … Read the full press release

E.ON Reports Strong 2025 Financial Results and Expands Investment Program to €48 Billion Through 2030

(IN BRIEF) E.ON reported strong financial results for fiscal year 2025, achieving adjusted Group EBITDA of €9.8 billion and adjusted Group net income of €3.0 billion while increasing total investments to €8.5 billion, primarily focused on expanding and modernizing energy … Read the full press release

Silva Biofuel AS Formed to Continue Development of Advanced Biofuel Solutions Following Agreement With Statkraft

(IN BRIEF) Statkraft has agreed to transfer the Tofte biofuel demonstration facility and related expertise to a new company, Silva Biofuel AS, formed by former employees of Silva Green Fuel. The move reflects Statkraft’s strategy to concentrate on core renewable … Read the full press release

Industrial Services Launch Signals DNV’s Broader Role in Ensuring Quality and Reliability of Critical Energy and Infrastructure Systems

(IN BRIEF) DNV has launched Industrial Services as a standalone business unit to deliver global quality assurance and inspection services across energy, infrastructure, and complex industrial supply chains. The move reflects growing demand linked to energy transition projects, expanding infrastructure … Read the full press release

Decade Long Investment Programme Positions ORLEN at the Center of Poland’s Energy Security and Transition Strategy

(IN BRIEF) ORLEN has committed PLN 380 billion over ten years to modernise Poland’s energy system, combining investments in gas supply security, offshore wind, grid expansion and emerging nuclear technologies. The first year has already delivered new gas reserves, LNG … Read the full press release

Strategic Alliance Supports Aviation Decarbonisation with Increased Production and Distribution of Sustainable Aviation Fuel

(IN BRIEF) Neste and World Fuel Services have expanded their partnership through a new five-year agreement to increase the availability of sustainable aviation fuel at more than 100 airports across the UK and Europe. The collaboration leverages World Fuel’s distribution … Read the full press release

EIB Financing Supports Major Solar Expansion in Romania to Accelerate Clean Energy Transition

(IN BRIEF) The European Investment Bank is providing €34 million in financing for three photovoltaic projects in southwestern Romania, part of a €121 million funding package alongside the EBRD and BCR. Developed primarily by Scatec with partner Defic Globe, the … Read the full press release

AFRY to Acquire AMC Consultants to Expand Global Mining Advisory Capabilities and Strengthen Position in Critical Minerals

(IN BRIEF) AFRY has agreed to acquire AMC Consultants to expand its global Mining & Metals capabilities and strengthen its position as a leading engineering and advisory partner to the mining industry. The acquisition brings 170 specialists and decades of … Read the full press release

DNV Expands Global Power Systems Expertise Through Strategic Purchase of Australian Grid-Connection Specialist SPS

(IN BRIEF) DNV has acquired Smarter Power Solutions Pty Ltd, an Australian power systems engineering consultancy specialising in advanced grid-connection services. The move strengthens DNV’s position as a leading independent power grids consultancy in Asia Pacific and enhances its global … Read the full press release

European Investment Fund Strengthens Alternative Lending Platform Under Regional Resilience Fund with Investment in Qualitas Energy

(IN BRIEF) The European Investment Fund has committed €62 million to the Qualitas Energy Credit Fund under the Alternative Lending Instrument for Sustainable Development within Spain’s Regional Resilience Fund, using NextGenerationEU resources. Managed by Qualitas Energy, the fund provides debt … Read the full press release

Neste and Fortum Extend Long-Term Electricity Partnership to Secure Power Supply for Finnish Refinery Operations

(IN BRIEF) Neste and Fortum have extended their strategic energy partnership through a new bilateral agreement for 2026–2030 under which Fortum will supply approximately 2.6 TWh of electricity from its Nordic generation portfolio to support Neste’s Finnish operations, particularly its … Read the full press release

Wood Continues Support for Strategically Important UK Gas Infrastructure with Expanded Role Across Shell’s Southern North Sea Operations

(IN BRIEF) Wood has secured a 16-month extension to its technical personnel and engineering support contract with Shell U.K. Limited, enabling it to continue providing specialist services across key Southern North Sea assets including the Leman and Sole Pit platforms, … Read the full press release

50Hertz Sees Offshore Wind Output Rise by Ten Percent While Preparing Major Baltic Sea Expansion Projects

(IN BRIEF) 50Hertz reported that its Baltic Sea offshore grid connection systems transmitted around 5,400 GWh of electricity in 2025, roughly ten percent more than the previous year despite weak wind conditions, driven mainly by the full integration of the … Read the full press release

Former Finnish Ambassador Jukka Siukosaari Joins Neste as Senior Vice President, Public Affairs and Geopolitics

(IN BRIEF) Neste Corporation has appointed Jukka Siukosaari as Senior Vice President, Public Affairs and Geopolitics, effective 1 June 2026, adding significant diplomatic and strategic expertise to its leadership team. Siukosaari joins Neste from the Finnish Ministry of Foreign Affairs, … Read the full press release

Fugro Delivers Integrated Geophysical and Geotechnical Investigations for Major Western Isles HVDC Cable Project

(IN BRIEF) Fugro is conducting detailed nearshore geophysical and geotechnical surveys to support SSEN Transmission’s Western Isles HVDC Link, a project that will transmit up to 1,800 MW of renewable electricity from Scotland’s islands to the UK mainland and strengthen … Read the full press release