LONDON, UK: Civitas Social Housing, the UK’s leading care-based housing and healthcare REIT, has completed the acquisition of 10 supported living properties across Hertfordshire, Essex, Suffolk and Wales for a total consideration of £8.6 million, a news release said. The portfolio provides adapted homes along with personalised specialist care for 41 individuals with complex mental…
13,000 smart LED streetlight implementation across Muscat in Oman
LEUVEN, BELGIUM: More than 13,000 smart LED lights will be implemented in the city of Muscat that are controlled by multiple IoT based smart controllers. 370 Option CloudGate IoT gateways are being used to acquire real-time energy consumption of these LED lamps and any alarms. Once implemented, the installation base of more than 20,000 smart…
Maxima Grupė’s grocery chain Stokrotka buys 9 stores in Poland
WARSAW, POLAND: Polish retail grocery chain Stokrotka has signed an agreement to take over 9 grocery stores that are operating in Poland in the region close to Warsaw. The transaction is planned to be completed until the end of 2021, subject to certain conditions to be fulfilled according to the agreement, including unconditional antitrust approval….
Enedo Plc CEO Vesa Leino to leave the company
HELSINKI, FINLAND: CEO of Enedo Plc, Vesa Leino, has decided to leave the company, a news release said. He will continue in his current position and leading the Executive Management Team until the new CEO has been nominated. “During the last three and a half years we have gone through major business restructuring renewing the…
Harvia Plc acquires Kirami Oy for EUR 7 million
MUURAME, FINLAND: Harvia Plc has acquired Kirami Oy, a leading Finnish still water hot tub manufacturer and pioneer in wood-heated hot tubs globally, a news release said. The purchase price is EUR 7 million at closing and on top of this, a delayed purchase price of EUR 0–4 million after a three years’ period based…
Oilex Ltd completes sale of Bhandut Production Sharing Contract
SYDNEY, AUSTRALIA: Oilex Ltd advised that the sale of its 40% participating interest (PI) in the Bhandut Production Sharing Contract (Bhandut PSC) has now completed following the receipt of US$290,000 from the buyer. An additional payment of US$28,000 is expected for final cash calls related to Oilex’s interest in the Bhandut PSC. On 28 January…
GSTechnologies blockchain payment solution collaboration agreement with Wise MPay
LONDON, UK: GSTechnologies Limited (LON: GST) has signed a Collaboration Agreement with Wise MPay Pte Ltd, the Singaporean blockchain payment solution provider, with a view to Wise MPay providing GST with software and services to facilitate its plans to develop new higher-growth synergistic business areas focussed on blockchain technology, particularly those applicable in the banking…
Cecilie Jonassen appointed CEO of Vow ASA’s spin-off Vow Green Metals
OSLO, NORWAY: The Board of Vow Green Metals confirmed the appointment of Cecilie Jonassen and Lars Mårdalen as Chief Executive Officer (CEO) and Chief Financial Officer (CFO), respectively of the new company. The appointments are important steps towards the demerger and separate listing of Vow Green Metals later this year. Established by and currently a…
Corcel Plc announces acquisition of third 50MW flexible energy project
LONDON, UK: Corcel Plc, the natural resource exploration and development company, announced exclusive rights over the acquisition of the “shovel ready” Avonmouth 50MW gas peaking project outside of Bristol from FPC Electric Land Limited. Chief Executive Officer, Scott Kaintz commented: “Following closely behind our recent acquisition of the Tring Road gas peaking complex, we have…
VH Global to fund construction of 75MW distributed solar generation projects in Brazil
LONDON, UK: VH Global Sustainable Energy Opportunities plc announced a $63 million commitment to fund the construction of 18 remote distributed solar generation projects across ten Brazilian states with a total capacity of 75MW. Brazil is a Key Partner of the OECD and one of the world’s fastest growing energy markets, a news release said….
Gresham to acquire Electra Information Systems for $38.6 million
LONDON, UK: Gresham Technologies plc (LON: GHT) wholly-owned subsidiary Gresham Enterprise Storage Inc., has entered into a conditional agreement to purchase the entirety of the issued and outstanding shares of common stock of Electra Information Systems for a total cash consideration of up to US$38.6 million including up to US$9.65 million in deferred consideration. Electra…
Greg Madison appointed CEO of Shield Therapeutics
LONDON, UK: Shield Therapeutics plc (LON: STX) announced that Greg Madison has been appointed as Chief Executive Officer (CEO) with effect from Tuesday, 1 June 2021. Greg has an excellent commercialisation track record and, in particular, he has deep knowledge and previous experience in the US iron deficiency marketplace. Greg is a seasoned executive who…