OSLO, NORWAY: Astrocast, a leading satellite IoT operator, has announced the extension of its partnership with Airbus Defence and Space (Airbus), a global leader in the aerospace industry. The partnership aims to enhance the capabilities of satellite Internet of Things (SatIoT) technology, and to provide the most reliable and cost-effective SatIoT solutions to customers. The…
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Eku Energy announces two new UK battery storage projects totalling 130MWh
PARIS, FRANCE: Eku Energy is due to commence construction shortly on two new battery storage projects in the UK. Together the two projects in Basildon, Essex and Loudwater, Buckinghamshire have an installed capacity of 130MWh and will provide vital flexibility to support the UK electricity system, enable more renewable generation and advance the UK’s clean…
Voltalia to build Ireland’s first large-scale solar farm for ESB and Bord na Móna
PARIS, FRANCE: Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energy, has announced that it has been chosen by ESB and Bord na Móna as the contractor for their solar farm at Timahoe North, Co Kildare, Ireland. ESB, the semi-state owned utility and Bord na Móna, the semi-state climate solutions company, are…
Air Liquide and KBR join forces to offer low-carbon ammonia solutions
PARIS, FRANCE: Air Liquide, a global leader in industrial gases, and KBR, a global provider of engineering and technology solutions, have announced a partnership to offer fully integrated low-carbon ammonia solutions based on Autothermal Reforming (ATR) technology. ATR is a process that converts natural gas or other hydrocarbons into hydrogen and carbon monoxide using oxygen…
InPost acquires 30% stake in Menzies, its UK logistics partner
AMSTERDAM: InPost, the European automated parcel machine service provider, has announced that it has acquired a 30% equity stake in Menzies, its UK logistics partner, for £49.3 million. The deal also gives InPost a three-year option to buy the remaining 70% stake in Menzies, one of the UK and Ireland’s leading time-sensitive delivery businesses. The…
HID Global to buy French card personalization company, Evolis, for euros 228.4 mn
PARIS, FRANCE: HID Global, a subsidiary of the Swedish group Assa Abloy and a leader in identification systems and applications, has announced that it has entered into exclusive negotiations to buy Evolis, a French company that specializes in decentralized personalization of credit card format cards. HID has agreed to buy Cedys & Co, which holds…
Renewable energy company, Release, raises $102 million to accelerate growth ambitions
OSLO, NORWAY: Release by Scatec signed an agreement to raise USD 102 million (NOK 1 billion) in funding from Climate Fund Managers (CFM) to further accelerate its growth ambitions. Release was established by Scatec ASA in 2019 to offer a flexible leasing solution of pre-assembled and modular solar and battery equipment for the mining and…
Michael Akoh appointed Chief Executive Officer of ArcticZymes Technologies
TROMSØ, NORWAY: ArcticZymes Technologies ASA (OSE:AZT) announced the appointment of Michael Akoh as its new Chief Executive Officer. Michael Akoh is an accomplished business executive with strong leadership experience, and an established reputation in the life sciences sector. He has over 20+ years of international experience in general management, business development and commercialization within the…
Cyril Marie appointed Executive Vice-President Strategy & Corporate Development at Wendel
PARIS, FRANCE: Wendel announces the appointment of Cyril Marie as Executive Vice-President, Strategy and Corporate Development with effect from July 25, 2023. In this capacity, he will be in charge of external growth and development projects (M&A, management companies and strategic partnerships) as part of the implementation of the new third-party asset management business within…
Akiem signs a new framework agreement for 100 Traxx multi-system locomotives with Alstom
PARIS, FRANCE: Alstom and Akiem have signed a framework contract for 100 Traxx Universal multi-system (MS3) locomotives. The firm part of the order includes 65 locomotives. The total amount of the framework agreement is up 500 million euros. Akiem confirms its leadership on the leasing European market and its ambition to contribute to the rail…
Air France-KLM secures €500m financing from Apollo for maintenance activity
PARIS, FRANCE: Air France-KLM, the Franco-Dutch airline group, has announced that it has signed a definitive agreement with Apollo Global Management, a US private equity firm, to raise €500m in quasi-equity financing for its maintenance activity. The financing will be provided by Apollo-managed funds and entities, which will subscribe to perpetual bonds issued by a…
TotalEnergies and partners to build LNG plant in Texas
PARIS, FRANCE: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), Global Infrastructure Partners (GIP) NextDecade Corporation, and their partners, GIC and Mubadala, have decided to invest in phase 1 of Rio Grande LNG (RGLNG), a natural gas liquefaction (LNG) project in South Texas. Phase 1 will consist of 3 liquefaction trains with a total capacity of 17.5 million tons…