OSLO,NORWAY: Kyoto Group, a Norwegian company that provides thermal energy storage solutions, has announced that it has connected the world’s largest electrical heater for molten salt to the grid at the Nordjylland Power Station in Aalborg, Denmark. The heater is a key component of Heatcube, the first ever full-scale thermal energy storage system that can…
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McPhy installs first hydrogen station on a French highway
PARIS, FRANCE: McPhy Energy, a French company specialized in low-carbon hydrogen production and distribution equipment, has announced the commissioning of a hydrogen station with a distribution capacity of up to 60 kg per day for the Dyneff Toulouse Sud-Sud highway filling station in the Occitanie region. The station, which is designed and manufactured entirely in…
Aker Carbon Capture appoints Egil Fagerland as new Chief Executive Officer
OSLO, NORWAY: Aker Carbon Capture announced the appointment of Egil Fagerland as its new Chief Executive Officer with effect from today, July 11, 2023. Fagerland will replace Valborg Lundegaard, who is stepping down to focus on her health and family. Fagerland is currently CFO of Aker Carbon Capture and has been with the company since…
TotalEnergies announces start of production in the Absheron Gas Field in Azerbaijan
PARIS, FRANCE: TotalEnergies and its partner SOCAR (State Oil Company of the Republic of Azerbaijan) announce the start of production of the first phase of development of the Absheron gas and condensate field in the Caspian Sea, around 100 km south-east of Baku. This first phase connects a subsea production well to a new gas…
Nanobiotix signs deal with Janssen for cancer drug NBTXR3
PARIS, FRANCE: Nanobiotix, a biotechnology company developing nanotherapeutics for cancer, has announced a global deal with Janssen Pharmaceutica NV, one of the Janssen Pharmaceutical Companies of Johnson & Johnson, for its lead drug NBTXR3. NBTXR3 is a potential first-in-class radioenhancer that is being tested in several solid tumor indications, including a global Phase 3 study…
Torqx Capital Partners to acquire Beter Bed Holding for EUR 168 million
UDEN, THE NETHERLANDS: Torqx Capital Partners, a Benelux investment firm, has announced that it has reached conditional agreement to make an all-cash public offer for Beter Bed Holding, the Netherlands’ largest sleep specialist in retail, wholesale and B2B. The offer price is EUR 6.10 (cum dividend) in cash per share, which represents a 107% premium…
Belships sells its ship management business to V.Group and forms strategic partnership
OSLO, NORWAY: Belships, a dry bulk shipping company, has announced that it has sold its 100 per cent shareholding in Belships Management (Singapore) Pte Ltd., a technical and crew management company, to a company in V.Group, a leading global provider of ship management and marine services. Belships has also agreed to sell its owned office…
Avance Gas sells VLGC Iris Glory for $60 million
OSLO, NORWAY: Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS), a leading provider of liquefied petroleum gas (LPG) transportation services, has announced that it has agreed to sell the Very Large Gas Carrier (VLGC), Iris Glory, built 2008, for a cash consideration of $60 million. The vessel is currently employed on a two-year…
LINK Mobility advances partnerships with Meta and Microsoft
OSLO, NORWAY: LINK Mobility (LINK) has through its market leader position for enterprise digital messaging in Europe extended partnership cooperations with both Meta and Microsoft, showcasing LINK’s model for growth and scalability through integrations with global software companies. LINK is now one of Meta’s selected providers for WhatsApp, a step up from the previous partner…
Atos enters into exclusive negotiations for the sale of EcoAct SAS
PARIS, FRANCE: Atos Group, a global leader in digital transformation, today announces that it has entered into exclusive negotiations with Schneider Electric for the sale of 100% of EcoAct SAS and its subsidiaries. With this potential transaction, Atos would secure its divestment program of non-core assets while engaging in a strategic partnership with Schneider Electric…
Sidetrade acquires CreditPoint Software to boost its B2B credit risk management offering
PARIS, FRANCE: Sidetrade, the global leader in AI-powered Order-to-Cash solutions, has announced that it has finalized an agreement to acquire the entire business of CreditPoint Software, a leading provider of real time B2B credit risk management solutions. The deal, which was signed on January 31, 2023, will enable Sidetrade to enhance its solution for B2B…
CACEIS completes acquisition of RBC’s European asset servicing business
LONDON, UK: CACEIS, a subsidiary of the Crédit Agricole group and Santander, and Royal Bank of Canada (RBC) have announced the completion of the sale by RBC and purchase by CACEIS of the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence. The transaction, which has received all required…