Tag Archives: partnership

Equinor backs Ørsted’s Rights Issue with up to DKK 6 billion investment and plans board nomination

(IN BRIEF) Equinor has confirmed its participation in Ørsted’s planned Rights Issue, committing to subscribe for up to DKK 6 billion (USD 939 million) to maintain its 10% ownership stake. The decision follows dialogue with Ørsted and reflects Equinor’s confidence … Read the full press release

RWE commissions five new renewable projects in France delivering 83 MW of clean energy for 40,000 households

(IN BRIEF) RWE has strengthened its renewable energy portfolio in France by commissioning four new wind farms and one solar plant with a combined capacity of 83 MW. Located across Hauts-de-France, Normandy, and Nouvelle-Aquitaine, the projects can supply enough green … Read the full press release

PATRIZIA and Fabrix launch Sustainable Communities London with GBP 100 million to repurpose urban spaces into housing and social infrastructure

(IN BRIEF) PATRIZIA and Fabrix have launched Sustainable Communities London, a joint venture with over GBP 100 million in investment to tackle London’s housing shortages through sustainable and community-focused projects. The first scheme at 182-202 Walworth Road, Elephant & Castle, … Read the full press release

Mutares expands Goods & Services segment with acquisition of Fuentes, a leading temperature-controlled logistics provider in Spain

(IN BRIEF) Mutares SE & Co. KGaA has acquired Lineage Spain Transportation S.L. “Fuentes” from Lineage Group, making it a new platform investment in the company’s Goods & Services segment. Based in Murcia, Spain, Fuentes specializes in temperature-controlled food transport, … Read the full press release

Dürr delivers cutting-edge paint shop for Volkswagen Puebla with electric drying and AI-driven systems to cut CO2 by 40 percent

(IN BRIEF) Dürr has inaugurated a state-of-the-art paint shop at Volkswagen Group’s Puebla plant in Mexico, one of the automaker’s largest facilities worldwide. The project, awarded in 2022 and launched in January 2025, includes two parallel painting lines with advanced … Read the full press release

Daimler Truck introduces Mercedes-Benz Arocs and Actros heavy-duty models tailored for Japan with debut at Japan Mobility Show 2025

(IN BRIEF) Daimler Truck AG, in collaboration with Y-Engineering, has launched its Mercedes-Benz Arocs and Actros heavy-duty transporter series in Japan, addressing the growing demand for trucks capable of handling exceptionally heavy loads. The highlight of the launch, the Mercedes-Benz … Read the full press release

Volvo CE strengthens strategic focus in China with SEK 8 billion divestment of SDLG ownership to Lingong Group

(IN BRIEF) Volvo Construction Equipment (Volvo CE) has completed the sale of its ownership in SDLG, transferring the stake to a fund mainly controlled by Lingong Group for SEK 8 billion (about 6 billion RMB). The divestment is expected to … Read the full press release

BASF and WELION achieve breakthrough with first mass production of CAM for Semi-Solid-State batteries

(IN BRIEF) BASF Battery Materials, through its joint venture BASF Shanshan Battery Materials (BSBM), has achieved a milestone by delivering its first mass-produced Cathode Active Materials for Semi-Solid-State batteries in collaboration with Beijing WELION New Energy. From concept to mass … Read the full press release

Kapsch TrafficCom secures OmniAir Certification for RIS-9360 C-V2X roadside unit to advance connected mobility

(IN BRIEF) Kapsch TrafficCom has earned OmniAir Certification for its RIS-9360 Cellular-Vehicle-to-Everything (C-V2X) Roadside Unit, confirming compliance with stringent LTE-V2X performance and interoperability standards. The certification strengthens trust among agencies deploying connected vehicle infrastructure and validates the RIS-9360 as a … Read the full press release

Covestro completes acquisition of Swiss adhesive film specialist Pontacol to expand Solutions & Specialties segment

(IN BRIEF) Covestro has completed its acquisition of Pontacol, a Swiss producer of multilayer adhesive films, effective August 28, 2025. The deal expands Covestro’s Solutions & Specialties segment by adding advanced flat and blown adhesive films, strengthening its presence in … Read the full press release

Saab awarded SEK 60 million FMV contract to develop next-generation Large Uncrewed Undersea Vehicle

(IN BRIEF) Saab has signed a SEK 60 million contract with the Swedish Defence Materiel Administration (FMV) to develop a Large Uncrewed Undersea Vehicle (LUUV). Saab will lead the design, construction, and testing of the system, which will integrate its … Read the full press release

Skanska invests in third phase of Modřanský cukrovar to deliver sustainable housing and cultural spaces in Prague

(IN BRIEF) Skanska is investing CZK 1.2 billion (SEK 540 million) in the third stage of its Modřanský cukrovar residential development in Prague. The phase will deliver 132 low-energy apartments across four buildings, alongside a 3,700-square-meter public square, green spaces, … Read the full press release

Skanska invests in sustainable Awangarda Mogilska residential project to bring 500 new apartments to Kraków

(IN BRIEF) Skanska is investing PLN 241 million (SEK 630 million) in the first stage of the Awangarda Mogilska residential complex in Kraków, Poland. The development’s opening phase includes 278 apartments and six commercial units, with construction starting in August … Read the full press release

AkzoNobel’s Coral brand opens new sensory pathways to color for Brazil’s visually impaired community

(IN BRIEF) AkzoNobel’s Coral brand has launched Touching Colors in Brazil, an innovative accessibility project developed with VML Brasil and the Dorina Nowill Foundation for the Blind. Based on neuroscience insights, the initiative reimagines 70 shades into poetic sensory descriptions … Read the full press release

Standard Chartered arranges USD 300 million syndicated guarantee for Envision in first sustainable trade finance deal under ICC Principles

(IN BRIEF) Standard Chartered has arranged a syndicated bank guarantee exceeding USD 300 million for Envision Group, supporting the company’s international wind power business and marking the world’s first sustainable trade finance deal aligned with ICC Principles for Sustainable Trade … Read the full press release

Solar Team Twente claims second place in thrilling 2025 Bridgestone World Solar Challenge finale

(IN BRIEF) Solar Team Twente finished second in the 2025 Bridgestone World Solar Challenge after an intense five-day race across Australia. On the final day, the team briefly closed the gap to frontrunner Brunel Solar Team to just 500 meters, … Read the full press release

MAHLE launches e-compressor production in Tennessee, creating 50 new jobs and boosting U.S. EV supply chain

(IN BRIEF) MAHLE has announced the start of e-compressor production at its Morristown, Tennessee plant, marking its first North American manufacturing line for high-voltage air conditioning compressors used in electric vehicles. The project will create nearly 50 new jobs and … Read the full press release

Rogun Dam reaches 1,110-metre milestone as Webuild drives energy transformation in Tajikistan and Central Asia

(IN BRIEF) Webuild’s construction of the Rogun Dam in Tajikistan has reached a crucial stage, with the dam’s crest approaching 1,110 metres above sea level. President Emomalī Rahmon visited the site with senior officials to highlight the project’s importance in … Read the full press release

Webuild and Italian Ministry of Justice launch prisoner reintegration initiative on Naples–Bari High-Speed railway project

(IN BRIEF) Webuild, in partnership with the Italian Ministry of Justice’s DAP, has launched a prisoner reintegration programme offering training and employment opportunities within major infrastructure projects. The initiative began at the Casa Circondariale of Benevento, where four inmates were … Read the full press release

Aviva secures benefits of 440 Quest UK Pension Scheme members with £134 million buy-in

(IN BRIEF) Aviva has completed a £134 million bulk purchase annuity with the Quest UK Pension Scheme, securing the pensions of over 440 members sponsored by Givaudan UK Limited. This marks the second risk transfer between Aviva and Givaudan, following … Read the full press release