PARIS, FRANCE: Bpifrance, through Lac1 Fund has acquired 5% shares of SPIE’s capital. SPIE is the independent European leader in multi-technical services in the areas of energy and communications. This represents BPI France’s 4th investment since its inception, late 2020. The investment in SPIE, which plays a key role in the energy transition and digital…
Category: Euronext
Euronext, euronext stock exchange, euronext exchange, euronext nv, stock exchange euronext
Technip Energies acquires a 16.3% stake in X1 Wind
PARIS, FRANCE: Technip Energies (PARIS:TE) has acquired a 16.3% stake in X1 Wind, a renewable energy startup that has designed an innovative and disruptive offshore wind turbine floater with major environmental and operational benefits. Technip Energies is the lead investor in this funding round, which also counts with the participation of the European Commission-owned European…
Vattenfall and Seagust join forces in Norwegian offshore wind bid
OSLO, NORWAY: Vattenfall and Norwegian company Seagust have formed a joint venture to bid for offshore wind areas in Norway’s upcoming licensing rounds. The joint venture represents Vattenfall’s entry into the Norwegian wind market. The joint venture intends to bid on licenses in both the Utsira Nord and Sørlige Nordsjø II areas in the North…
Aker Solutions to acquire electrical power systems consultant Unitech
OSLO, NORWAY: Aker Solutions has agreed to acquire Unitech Power Systems, a leading electrical power systems consultant. The all-cash transaction is expected to be completed during the first quarter of 2022, at an undisclosed value. The acquisition is an important step towards Aker Solutions creating an engineering consultancy business driving the energy transition. Kjetel Digre,…
ADQ and Alpha Dhabi to acquire 15% in OCI Methanol for $375mn
AMSTERDAM: ADQ and Alpha Dhabi Holding will acquire a 15% stake in the OCI Methanol Group for a total consideration of US$375 million. As part of the alliance, OCI Methanol Group will be incorporated as an ADGM company in Abu Dhabi. OCI N.V. announced the signing of definitive legal agreements for a strategic alliance with…
Eni International and HitecVision to sell 220mn shares in Vår Energi ASA
SANDNES, NORWAY: Vår Energi ASA has resolved to launch an initial public offering (IPO) of shares in the company. Subject to approval of the prospectus, the listing application and successful completion of the offering, the shares of Vår Energi will be admitted to listing and commence trading on Oslo Børs on a conditional trading basis…
Saint-Gobain sells its glass processing business in Estonia
PARIS, FRANCE: Saint-Gobain has entered into an agreement for the sale of its regional glass processing business Baltiklaas OÜ in Estonia to Polar Glass OÜ, a subsidiary of Barrus AS. Barrus AS is the largest glued laminated timber manufacturer in Estonia and supplier to window and door producers. Baltiklaas OÜ employs more than 200 people…
Innergex Renewable Energy acquires Aela Energía for $691mn
OSLO, NORWAY: Mainstream Renewable Power and Actis have sold Aela Energía to the Canadian-listed developer Innergex Renewable Energy for USD 691 million. Aela has grown to become Chile’s largest independent power producer of renewable energy, since it was established in 2013 as part of a joint venture between Actis (60 percent) and Mainstream (40 percent)….
Waga will supply equipment to Air Liquide for renewable natural gas production
MEYLAN, FRANCE: Waga Energy will supply three cryogenic distillation modules to Air Liquide for two renewable natural gas (RNG) production plants currently under construction in the United States, a statement said. The cryogenic distillation modules, manufactured as standard components by Waga Energy for its WAGABOX(R) landfill gas upgrading units, separate methane from oxygen and nitrogen….
PSW enters strategic agreement with Cameron
OSLO, NORWAY: Scana-owned PSW Technology has signed an exclusive licence agreement with global oil service provider Cameron, a Schlumberger company. The agreement, which is the first in Norway for both Cameron and PSW, will enable PSW to recertify Cameron marine risers as per OEM (Original Equipment Manufacturer) standards. PSW will perform all work, exchange parts,…
CTP Germany launches with €1.0bn in ‘last mile’ logistics development targets
FRANKFURT, GERMANY: CTP N.V. has completed the takeover and delisting offer for Deutsche Industrie REIT-AG (now named Deutsche Industrie Grundbesitz AG, DIR”), which provides immediate scale in Europe’s largest economy. CTP Germany now represents about 15% of CTP’s portfolio and becomes its third largest market by gross asset value after the Czech Republic (42%) and…
Fred. Olsen Windcarrier plans EUR 150mn IPO on Oslo Stock Exchange
OSLO, NORWAY: Fred. Olsen Windcarrier ASA announced its intention to launch an initial public offering (IPO) of new shares and apply for a listing on the Oslo Stock Exchange. The Fred. Olsen Windcarrier IPO is expected to comprise a primary offering of new shares raising gross proceeds of approximately EUR 150 million, which will be…