Tag Archives: partnership

Havas Debuts on Euronext Amsterdam with €1.77 Billion Market Capitalisation

(IN BRIEF) Havas N.V., a global leader in communications and marketing, debuted on Euronext Amsterdam on December 16, 2024, with a market capitalisation of €1.77 billion and a share price of €1.79. Employing over 23,000 people across 100 markets, Havas … Read the full press release

Lightsource bp Begins Construction on Major Australian Renewable Energy Projects, Advancing the Nation’s Energy Transition

(IN BRIEF) Lightsource bp has commenced construction on two major renewable energy projects in Australia: the 585MWdc Goulburn River solar farm in New South Wales and the Woolooga Battery Energy Storage System (BESS) in Queensland. The Goulburn River project, one … Read the full press release

Expro Secures $10 Million Contract for Advanced Well Decommissioning Solution

(IN BRIEF) Expro has secured a $10 million contract to provide an integrated well decommissioning solution, combining advanced subsea safety systems and surface processing technology. Using its Aberdeen hub, Expro will deliver a surface fluid management package and its 7-3/8” … Read the full press release

50Hertz Pioneers Baltic Sea’s First 2 GW Offshore Grid Connection with GE Vernova and Drydocks World

(IN BRIEF) 50Hertz has partnered with GE Vernova and Drydocks World to deliver the Ostwind 4 offshore grid connection, the first in the Baltic Sea to use 2 GW/525 kV direct current (DC) technology. The project will connect an offshore … Read the full press release

DSV Unveils Renewable Energy Facility in Sweden to Drive Sustainable Logistics and Decarbonization

(IN BRIEF) DSV has launched its first renewable energy facilities at its Landskrona, Sweden warehouse, featuring over 100,000 square meters of rooftop solar panels generating 14 MWp of energy. The facility, capable of powering itself, charging electric vehicles, and supplying … Read the full press release

Alterric Partners with Nordex Group for 56 MW Chalkidiki Wind Farm, Marking First Deployment of N175/6.X Turbines in Greece

(IN BRIEF) Alterric, a major renewable energy producer, has partnered with the Nordex Group to install nine N175/6.X wind turbines at the 56 MW Chalkidiki wind farm in northern Greece. This project marks the first use of Nordex’s N175/6.X turbines … Read the full press release

Schaeffler Acquires Dhruva Automation & Controls to Expand Digital Solutions in the Asia-Pacific Market

(IN BRIEF) Schaeffler AG, through its subsidiary Industriewerk Schaeffler INA-Ingenieurdienst GmbH, is acquiring Dhruva Automation & Controls, a Pune-based specialist in industrial automation and software solutions. With 65 employees and a strong presence in Asia-Pacific markets, Dhruva complements Schaeffler Digital … Read the full press release

TotalEnergies Sells 50% Stake in West Burton Energy to EPUKI, Forming Joint Venture for Flexible Power Operations in the UK

(IN BRIEF) TotalEnergies has sold 50% of its shares in West Burton Energy to EPUKI, the UK subsidiary of EPH, forming a joint venture to operate the 1.3 GW gas-fired power plant and 49 MW battery storage system. The partnership … Read the full press release

BASF Introduces Symbiocell®: A New Solution for Sensitive Skin Approved for Use in China

(IN BRIEF) BASF has introduced Symbiocell®, a new cosmetic ingredient derived from Cestrum latifolium leaves, now approved for use in China following a successful regulatory notification. Designed to soothe sensitive skin and reduce excessive skin reactions, Symbiocell® has shown strong … Read the full press release

Shell Announces Final Investment Decision for Bonga North Deep-Water Project, Advancing Nigeria’s Offshore Energy Development

(IN BRIEF) Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has approved the final investment decision for the Bonga North project, a deep-water oil and gas development off Nigeria’s coast. The project, which ties into … Read the full press release

Allianz Halts Income Insurance Acquisition Plan Amid Singapore’s Regulatory Concerns, Reaffirms Commitment to Asia-Pacific Growth

(IN BRIEF) Allianz has withdrawn its offer to acquire a majority stake in Income Insurance Limited following regulatory concerns raised by the Singapore Government and amendments to the Insurance Act. The offer, announced in July 2024, was intended to secure … Read the full press release

InvestEU-backed initiative offers businesses in Finland access to affordable financing for energy efficiency and clean technology

(IN BRIEF) Finnish companies will gain access to over €400 million in financing for green and digital transformations through a partnership between Nordea Bank and the European Investment Fund (EIF). Backed by the InvestEU programme, the agreement provides SMEs and … Read the full press release

EIB Supports Marcegaglia’s €170 Million Plan to Decarbonise and Innovate Steel Production

(IN BRIEF) The European Investment Bank (EIB) has provided €100 million in financing to Marcegaglia, a Mantua-based steel group, as part of a €170 million investment plan to decarbonize and modernize its operations. The funding will support projects at key … Read the full press release

Saab to Deliver Advanced Sea Giraffe 1X Radars to Strengthen Swedish Naval Defense

(IN BRIEF) Saab has secured a SEK 340 million order from the Swedish Defence Materiel Administration (FMV) to supply the Sea Giraffe 1X naval radar system to the Swedish Navy. The radars, to be delivered between 2024 and 2026, will … Read the full press release

Nike Unveils Transformed Glasgow Flagship Store with GRAHAM Interior Fit-Out’s Expertise

(IN BRIEF) Nike’s flagship store on Buchanan Street, Glasgow, has reopened after a six-month transformation led by GRAHAM Interior Fit-Out. The revamped 1,275 m² space highlights sport performance and lifestyle products, introduces the Nike by You customization experience, and features … Read the full press release

NIB Partners with Ziklo Bank AB to Boost Financing for Swedish SMEs and SMCs

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a SEK 750 million (approximately EUR 65.2 million) loan agreement with Ziklo Bank AB to support small and medium-sized enterprises (SMEs) and small mid-caps (SMCs) in Sweden. The 7-year program will … Read the full press release

NIB Supports Hydropower Expansion in Norway with EUR 42.8 Million Loan to SKL

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 7-year EUR 42.8 million loan agreement with Sunnhordland Kraftlag AS (SKL) to finance the modernization of the Løkjelsvatnet hydropower plant in Etne, Norway. Completed in October, the upgrade doubled the … Read the full press release

EQT Exeter Expands UK Logistics Portfolio with Strategic Acquisitions in Milton Keynes and Dartford

(IN BRIEF) EQT Exeter has acquired two prime logistics properties in Milton Keynes and Dartford from M&G Real Estate for over GBP 100 million. The Milton Keynes site, spanning 320,000 square feet, is leased to DS Smith Corrugated Packaging, while … Read the full press release

Sweden Boosts NEFCO-Managed BSAP Fund with New Contribution to Protect the Baltic Sea

(IN BRIEF) Sweden has contributed SEK 9 million (approximately EUR 765,500) to the NEFCO-managed Baltic Sea Action Plan (BSAP) Fund, further supporting efforts to tackle environmental challenges in the Baltic Sea. Established by Sweden and Finland in 2010, the BSAP … Read the full press release

Stadler and Caltrain Expand Partnership to Strengthen EMU Fleet Reliability and Sustainability

(IN BRIEF) Stadler and Caltrain have signed a Technical Support and Spare Supply Agreement (TSSSA) to ensure the reliability and efficiency of Caltrain’s growing fleet of electric multiple units (EMUs). The partnership includes on-site technical support, maintenance management software, and … Read the full press release