PARIS: Boralex Inc. (TSX: BLX) and Saint-Gobain (EPA: SGO) have announced the signing of a 20-year renewable electricity purchase agreement (“Power Purchase Agreement” or PPA) in France, involving three power plants developed, built, and operated by Boralex. The combination of wind and solar technologies will provide Saint-Gobain’s industrial operations in France with a renewable electricity…
All posts in Euronext
InPost has acquired remaining 70% stake in Menzies for £60.4 million
AMSTERDAM: InPost Group has acquired the remaining 70% stake in Menzies Distribution Limited in an all-cash transaction valued at £60.4 million. The transaction concerns Express and Newstrade segments. The third segment, MDS, responsible mainly for full load transport and warehousing was demerged from Menzies and is not the part of the transaction. It will continue…
Wilh. Wilhelmsen Holding increase stake in Treasure ASA to 84.09%
BRUSSELS: Wilh. Wilhelmsen Holding ASA has bought a further 7 shares in Treasure ASA for a total consideration of NOK 201 million (USD 19 million). Following the latest transaction, Wilh. Wilhelmsen Holding ASA owns 172 million shares in Treasure ASA, representing 84.09% of the shares issued. Founded in Norway in 1861, Wilhelmsen is now a…
TotalEnergies will supply 200,000 tons per year of LNG to HD Hyundai Chemical until 2033
PARIS: In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the signing of a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tons of LNG per year for 7 years starting from 2027. Thanks to this agreement, with prices indexed…
TotalEnergies commences production from Fenix gas field in Southern Argentina
PARIS: TotalEnergies (Paris:TTE) announced the start of production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina. The Fenix field is part of the Cuenca Marina Austral 1 (CMA-1) concession, in which TotalEnergies holds a 37.5% operated interest, alongside its partners Harbour Energy (37.5%) and Pan…
KONGSBERG to sell steering gear and rudder business Norvestor
OSLO: KONGSBERG has signed an agreement to sell its steering gear and rudder business, currently part of the Propulsion and Handling division in Kongsberg Maritime. This is in line with Kongsberg Maritime’s strategy towards decarbonisation of shipping with its integrated systems and increased focus on electrification and digitalisation of the entire product portfolio. “We are very pleased…
SPIE signs agreement to acquire 87% of Otto Life Science Engineering GmbH
PARIS, FRANCE: SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces the signature of an agreement to acquire c.87% of Otto Life Science Engineering GmbH in Germany. SPIE expects to close the transaction in Q3 2024, subject to customary closing conditions among which German antitrust approval. Gauthier Louette,…
EssilorLuxottica to acquire Supreme brand from VF Corporation for $1.5 billion
PARIS, FRANCE: EssilorLuxottica, a global leader in the optical industry, and VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, have entered into a definitive agreement for EssilorLuxottica to acquire the Supreme brand from VF for $1.5 billion in cash. Francesco Milleri, Chairman and Chief Executive Officer and Paul du…
BW Energy to acquire shares in Reconnaissance Energy Africa
OSLO, NORWAY: BW Energy has signed a Letter Agreement (LA) with Reconnaissance Energy Africa Ltd to acquire approximately 16.8 million common shares and 16.8 million warrants for a total consideration of USD 16 million in ReconAfrica’s announced equity raise. By participating in the equity raise, BW Energy will also receive a 20% non-operating interest in…
TotalEnergies and SSE to establish Source, a new major player in EV charging infrastructure
TotalEnergies (LSE:TTE) and SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging infrastructure in the UK and Ireland, under the brand “Source”
Eurazeo infrastructure fund held its final close at €706 million
Eurazeo announced that its maiden infrastructure program (comprising the Eurazeo Transition Infrastructure Fund – ETIF or Fund – and a co-investment vehicle) has held its final close at €706 million in aggregate commitments
Affluent Medical has signed several agreements with Edwards Lifesciences
PARIS: Affluent Medical has signed several agreements with Edwards Lifesciences related to Affluent’s structural heart products and technologies. Under the terms of these agreements, Affluent will receive EUR 15 million upfront as a cash payment including; An upfront payment of EUR 5 million for an exclusive option to acquire Kephalios, Affluent’s wholly owned subsidiary supporting…