PARIS, FRANCE: Total SE through Total Quadran is awarded 50 megawatts (MW) of solar projects in the ninth round of the CRE 4 (French Energy Regulatory Commission) tender. Total thus confirms its position as number 1 in solar development in France with close to 400 MW, the largest volume awarded over the last 18 months….
Category: Euronext
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NORBIT ASA acquires Norwegian IoT company StalkIT for NOK 24 million
TRONDHEIM: NORBIT ASA announced an agreement for acquisition of business and assets from the Norwegian IoT company StalkIT and associated companies. The transaction price is agreed to NOK 24 million and is expected to be financed by use of NORBIT´s available credit lines. “Through the acquisition we are broadening our product offering and strengthening our…
Orano to acquire Daher’s nuclear activities in Germany and North America
PARIS: The Orano Group has signed an agreement to acquire Daher Group’s German nuclear activities (Daher Nuclear Technologies Gmbh – DNT) and of its North American subsidiary (TLI Inc. -TLI), a news release said. This project is part of the Orano Group’s strategy to strengthen its competencies in its core business. The entities involved in…
OCI signs agreements to start commercialization of ammonia and methanol as shipping fuels
AMSTERDAM: OCI N.V. has entered into agreements with MAN Energy Solutions, Hartmann Group and Eastern Pacific Shipping (EPS) to create marine value chain and start commercialization by 2023/24 of ammonia and methanol as the shipping fuels of the future, a news release said. A Memorandum of Understanding (MoU) with MAN Energy Solutions and Hartmann Gas…
Nordax Bank to launch NOK 17.8 billion voluntary offer to acquire Norwegian Finans Holding
OSLO: Nordax Bank AB has announced its intention to launch a voluntary offer to acquire the entire outstanding share capital in Norwegian Finans Holding ASA (NFH), supported by Nordic Capital Fund VIII1, Nordic Capital Fund IX2 and Sampo Oyj. Nordax intends to launch a NOK 17.8 billion all-cash offer for all the outstanding shares in…
Schneider Electric to acquire 30% stake in Uplight Inc. for $1.5 billion
PARIS: Schneider Electric signed agreement to acquire a strategic minority stake in Uplight Inc., the technology partner of energy providers transitioning to clean energy, a news release said. The transaction values Uplight at c.$1.5 billion around 10x expected 2021 revenue. Uplight expects significant revenue growth in the coming years. Uplight, a certified B Corporation, has…
Arcadis finds U.S., Singapore, and Japan most attractive places to build data centers
AMSTERDAM: Arcadis announced the release of its Data Center Location Index 2021, which lists the most favorable markets for localization. Following the United States, Singapore and Japan, Sweden and Norway took the fourth and fifth spots, respectively. The Arcadis Data Center Location Index 2021 includes 50 markets across six continents ranking optimal places to build…
Euronext to complete Borsa Italiana acquisition in the first half of 2021 as EC approval received
AMSTERDAM: Euronext confirmed on Friday the European Commission (EC) approved Euronext’s contemplated acquisition of the Borsa Italiana Group. This approval further improves the certainty of execution of the transaction, by satisfying an additional major condition for the completion of the Transaction. Borsa Italiana, based in Milan, is Italy’s stock exchange. It manages and organises domestic…
Greencoat Renewables agrees to buy 89.6MW Cordal Wind Farm
DUBLIN: Greencoat Renewables PLC, the renewable infrastructure company invested in euro-denominated assets, signed agreement to acquire Cordal wind farm from Cubico Sustainable Investments, a global renewable energy investor and operator. The wind farm is located in Co. Kerry, Ireland, and consists of 28 3.2MW GE turbines that reached full commercial operations in May 2018. The…
SES extends long-term partnership with Sky UK
PARIS: Sky UK has extended its contract with SES for satellite capacity in a new agreement that will add over EUR 90 million in secured backlog, a news release said. This renewal is in addition to capacity already under contract that extends through 2027. By the end of the renewed contract, Sky UK will have…
Golar LNG Partners LP unitholders approve merger
OSLO: Unit holders of Golar LNG Partners LP (GMLP) voted on and approved the Agreement and Plan of Merger among GMLP, Golar GP LLC, New Fortress Energy Inc. (NFE), Lobos Acquisition LLC and NFE International Holdings Limited. Pursuant to the Merger Agreement NFE has agreed to acquire all of the outstanding common units and general…
Atos completes acquisition of cybersecurity services company Motiv
PARIS: Atos has completed the acquisition of Motiv ICT Security, the largest independent Managed Security Services (MSS) provider in the Netherlands, a news release said. This move reinforces Atos’s position as the 3rd worldwide Managed Security Services provider1 by strengthening the Group’s local capabilities and bringing its recent investment in the Managed Detection and Response…