SAN JOSE: Bloom Energy, a leading provider of distributed energy solutions, announced the appointment of Benjamin Gaszynski to lead business development in Southeast Asia, a news release said. Benjamin Gaszynski will strengthen the company’s expansion efforts, enhance competitive positioning and support deployment of its fuel-flexible, clean energy technology across Southeast Asia with an initial focus…
AWS announces general availability of Amazon Nimble Studio
SEATTLE: Amazon Web Services Inc. (AWS), an Amazon.com Inc. company, announced the general availability of Amazon Nimble Studio, a new service that enables customers to set up a content production studio in hours instead of weeks, with elasticity that gives them near limitless scale and access to rendering on demand. With Amazon Nimble Studio, customers…
Amazon Web Services launches AWS for Media & Entertainment initiative
SEATTLE: Amazon Web Services Inc. (AWS) has announced AWS for Media & Entertainment, an initiative that makes it easier for industry customers to discover, implement, and deploy purpose-built AWS capabilities and partner solutions for their highest priority workloads—enabling them to create compelling content faster, invent new customer experiences, expand direct-to-consumer offerings, and improve media supply…
LSEG completes €4.443 divestment of Borsa Italiana Group to Euronext
LONDON: London Stock Exchange Group (LSEG) notes the announcement from Euronext and confirms that it expects to close the divestment of London Stock Exchange Group Holdings Italia S.p.A. and its business (Borsa Italiana Group) to Euronext for a total cash consideration of €4.443 billion today. LSEG’s intention is to use the net proceeds from the…
Aker Solutions wins FEED contract for e-fuel plant in Norway
OSLO: Aker Solutions has signed a contract with Nordic Blue Crude (NBC) for front-end engineering and design (FEED) of a new e-Fuel facility at Herøya in Porsgrunn, Norway. The e-Fuel plant is planned to produce CO2-neutral fuel by using green hydrogen and furnace gas from an existing factory. The FEED work starts immediately and is…
Creditors approve final proposal for Axxis Geo Solutions reconstruction
LYSAKER: Axxis Geo Solutions ASA announced the approval of the final proposal for the company reconstruction pursuant to the court protected reconstruction process. The deadline for creditors to vote on the reconstruction proposal expired 27 April 2021. Out of the 110 creditors voting, 106 creditors voted in favor of the reconstruction proposal. In nominal amounts,…
Danakali raises A$20.3 million to advance Colluli SOP project
SYDNEY: Danakali Limited has completed a bookbuild to domestic and international institutional and sophisticated investors to raise A$20.3 million. The proceeds of the Placement will be applied towards early works at the Company’s Colluli SOP Project, including site road development, geotechnical optimisation, reverse osmosis plant completion and installation, exploration camp relocation and RA International mine…
Tullow Oil plc launches $1.8 billion Senior Secured Notes due 2026
LONDON: Tullow Oil plc has commenced an offering of senior secured notes due 2026 and has received $600 million of commitments in respect of a super senior revolving facilities agreement maturing in December 2024, comprised of (i) a $500 million revolving credit facility and (ii) a $100 million letter of credit facility. The Notes and…
Taylor Maritime Investments announces $250mn initial public offering on London Stock Exchange
LONDON: Taylor Maritime Investments Limited announced its intention to undertake an initial public offering (IPO) on the London Stock Exchange, by way of an initial institutional placing and offer for subscription for a target issue of 250 million new ordinary shares in aggregate at an initial issue price of US$1.00 per Ordinary Share. The Company…
Airtel Africa appoints new MD and Chief Executive Officer
LONDON: Airtel Africa plc, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announced Olusegun “Segun” Ogunsanya, Managing Director and CEO Nigeria is to succeed Raghunath “Raghu” Mandava, as Managing Director and Chief Executive Officer following Raghu Mandava’s informing the Board of his intention to retire. Segun…
The City Pub Group acquires Kensington Park Hotel, increases stake in Mosaic Companies
LONDON: The City Pub Group has acquired a 49% stake in Barts Pub Ltd, owner of the iconic Kensington Park Hotel (KPH) in Ladbroke Grove, for £0.75 million. The Kensington Park Hotel (KPH) is a leasehold pub located 200 metres from Ladbroke Grove tube station. It has large trading areas on the ground and first…
HeiQ Plc acquires Germany based RAS AG for €5.1 million
LONDON: HeiQ Plc has acquired 100% of the share capital and voting rights of RAS AG, Regensburg, Germany. The Acquisition is for a consideration of €5.1 million, with €1.25 million payable in cash and €3.85 million through the issue of 1,701,821 new ordinary shares by HeiQ. It includes an additional earn out consideration dependent on…