Auto sales (Cars & LCVs) stood at 17,233 units during Apr-21, where a fair YoY comparison this time is not possible, due to the near-zero volumes in the same month last year owing to the halt of manufacturing activity in Apr-20. On MoM basis, there was a 17% decline in volumes during April; however, this…
Green Hydrogen Coalition launches HyDeal North America
OSLO: HyDeal North America is a new commercialization platform founded by the Green Hydrogen Coalition to launch green hydrogen ecosystems around North America. Each regional initiative will be built around a consortium of diverse stakeholders, including multi-sectoral offtakers, with the goal of launching scaled supply chains that deliver low-cost green hydrogen. HydrogenPro (OSE: HYPRO) is…
McKay Securities launches of net zero carbon pathway
LONDON: McKay Securities Plc (LON: MCKS) announced expansion of its ESG efforts through the launch of its 2021 Net Zero Carbon Pathway, which provides details of its ambitions to deliver operationally carbon neutral developments by 2030, and a fully net zero carbon business well in advance of the UK Government’s target of 2050. To achieve…
Warehouse REIT buys Cambridge South Industrial Estate on Dales Manor Business Park
LONDON: Warehouse REIT has completed the acquisition of Cambridge South Industrial Estate, comprising 68,000 sq ft of newly built multi-let industrial units and an adjacent development site, located on the wider Dales Manor Business Park, just seven miles south of Cambridge city centre, six miles north of Chesterford Research Park and within four miles of…
JLEN acquires 16.8MW energy-from-waste plant for €26.75 million
LONDON: JLEN, the listed environmental infrastructure fund, announced the acquisition of a 45% equity stake in Energie Tecnologie Ambiente S.r.l. (ETA). ETA is a 16.8MW energy-from-waste (EfW) power plant which processes Refuse Derived Fuel (RDF), located in the municipality of Manfredonia in the Apulia region of southern Italy. The €26.75m investment has been made alongside…
Merit Group makes strategic investment in DataWorks Ltd
LONDON: Merit Group plc (LON: MRIT) is making a strategic investment in DataWorks, a new technology company specialising in web data collection at scale. The investment will give Merit access to market leading technology focussed on the important and fast growing e-commerce market. Under the terms of agreements signed today, Merit Group will take an…
LINK Mobility to acquire CPaaS provider Soprano Design for NOK 3.59 billion
OSLO: LINK Mobility has today agreed an exclusive term sheet to acquire Soprano Design, a global CPaaS provider, which will give LINK a truly global footprint in high growth markets with low penetration rates like Asia-Pacific, the U.S. and Latin America. Soprano is currently 75% privately owned by its founder, Dr Richard Favero, a seasoned…
Kibo Energy to jointly develop 50MW waste to energy projects in South Africa
LONDON: Kibo Energy PLC (LON: KIBO) has entered into an agreement with South Africa-based Industrial Green Solutions (Pty) Ltd (IGES) to jointly develop a portfolio of waste to energy projects in South Africa with an initial target of generating more than 50 megawatts of electricity for sale to industrial users. The Agreement, which is subject…
Crossword Cybersecurity to establish subsidiary in the Sultanate of Oman
LONDON: Crossword Cybersecurity Plc (LON: CCS) announced its intention to establish a subsidiary in the Sultanate of Oman as its Middle Eastern Regional HQ. A memorandum of understand has been signed with Al-Rawahy Holdings LLC of the Sultanate of Oman, which will see the formation of a licensed subsidiary called Crossword Cybersecurity LLC, majority owned…
Bunzl Plc to acquire New Zealand based Obex Medical Holdings
LONDON: Bunzl plc (LON: BNZL), the specialist international distribution and services Group, has entered into an agreement to acquire Obex Medical Holdings, a medical distribution business serving hospitals and other healthcare providers in New Zealand, with revenue in 2020 of £ 27 million. Obex Medical Holdings supplies a broad range of healthcare equipment and devices,…
Skanska to build $81 million Center for Adaptive Innovation and Creativity in Radford
HELSINKI: Skanska AB has signed a contract with Radford University to build the Center for Adaptive Innovation and Creativity (CAIC) in Radford, Virginia, USA. The total contract value is USD 81M, about SEK 680M, which will be included in the US order bookings for the second quarter of 2021. The 16,500-square-meter CAIC represents the largest…
Voltalia to sell 187 megawatt wind projects to Brazilian utility Copel
PARIS: Voltalia SA announced the signing of a share purchase agreement for the sale of 100% of its 128 megawatt VSM2 and 59 megawatt VSM4 wind farms to the Brazilian utility Copel. The actual sale is scheduled for November 30, 2021, once the conditions precedent have been met. Over the past years, Voltalia has pursued…