LONDON: Good Energy Group PLC (AIM: GOOD), the renewable electricity supplier and energy services provider, has made a further £1.7 million strategic investment into Zapmap Limited through a convertible loan note. Good Energy currently holds 49.9% of the issued share capital of Zapmap. Today’s investment of a further £1.7m has been made through a secured…
Ørsted invests in battery energy storage system co-located with Hornsea 3 Offshore Wind Farm
LONDON: Ørsted has taken final investment decision on a battery energy storage system, which will provide stability to the UK energy supply and reduce price volatility. The Tesla battery energy storage system will be installed on the same site as the onshore converter station for Ørsted’s Hornsea 3 Offshore Wind Farm in Swardeston, near Norwich,…
Atos enters into exclusive negotiations with ALTEN for the sale of Worldgrid
PARIS, FRANCE: Atos, a global leader in digital transformation, today announces that it has entered into exclusive negotiations with ALTEN SA for the sale of its Worldgrid business unit for a binding enterprise value of €270 million. Worldgrid provides consulting and engineering services to energy and utility companies. The business currently employs close to 1,100…
Qupital welcomes HSBC and Citi as senior investors of securitization facility
HONG KONG: Qupital, Asia’s leading data-driven fintech platform specializing in supply chain financing solutions for e-commerce businesses, announced the successful refinancing of its securitization facility, where HSBC joins Citigroup as a senior lender in this strategic expansion of the facility. This development marks a significant milestone in Qupital’s growth and its commitment to enhancing financial…
ANON appoints Denis Franks as President, Chief Executive Officer
VANCOUVER: Anonymous Intelligence Company Inc. (CSE: ANON), a leading decentralized network, data storage technology and AI tools developer company, announced the appointment of Denis Franks as President, Chief Executive Officer and a director of the Company effective immediately. ANON aims to become a global leader as a GPT powered enterprise app aggregator, utilizing revolutionary tools…
Energy Plug sings first battery deal with Ximen Mining for Kenville Gold Mine
VANCOUVER: Energy Plug Technologies Corp. (CSE: PLUG), an energy technology company dedicated to innovation and sustainability, inked its first battery contract with Ximen Mining Corp. (TSXV: XIM) to install a 20kWh Battery Energy Storage System (BESS) at Ximen’s Kenville Gold Mine in Nelson, BC. Earlier this year, Energy Plug announced an agreement for a two-phase…
Southern ITS International acquires 80% stake in e-commerce enterprise Kinzie LLC
SCOTTSDALE: Southern ITS International (OTC PINK:SITS) has acquired an 80% ownership stake in Kinzie LLC, a dynamic e-commerce enterprise. Kinzie LLC, established in 2013 and previously family-owned, started in the jewelry industry and has expanded its offerings to include everyday household items. The company has surpassed $28 million in sales since its inception. Gil Irey,…
Healwell AI to acquire VeroSource Solutions for $24.5 million
TORONTO: Healwell AI Inc. (OTCQX: HWAIF), a healthcare technology company focused on AI and data science for preventative care, has entered into an agreement to acquire VeroSource Solutions Inc., a multi-service technology enterprise focused mainly on providing both products and consulting services for total consideration of approximately $24.5 million. A significant portion of the consideration…
ADNOC and Alpha Dhabi JV Enersol to acquire 42.206% stake in Gordon Technologies for $270 million
ABU DHABI, UAE: ADNOC Drilling Company and Alpha Dhabi Holding announced their joint venture Enersol RSC LTD has agreed to acquire an additional 42.206% equity stake in Gordon Technologies LLC (“Gordon’’) for consideration of approximately $270 million, making Enersol the majority equity holder. The consideration is based on a valuation in line with the one…
Prime Financial to buy Equity Plan Management and Remuneration Strategies
SYDNEY, AUSTRALIA: Prime Financial Group (ASX:PFG), an Advice, Capital and Asset Management Group, has entered into an agreement to expand its Business Advisory & Consulting capability via the acquisition of the leading Australian remuneration and employee share plan administration business conducted by Equity Plan Management Pty Ltd and its associated entity Remuneration Strategies Pty Ltd….
Critical Metals Corp acquires Greenland’s Tanbreez Rare Earth Mine
SYDNEY, AUSTRALIA: Critical Metals Corp. has announced the acquisition of a 92.5% controlling interest in the Tanbreez Greenland Rare Earth Mine. The deal, which sees European Lithium Limited retaining a 7.5% stake, positions the Tanbreez Project as a key player in the global rare earth market. The Tanbreez Project, located in Southern Greenland, is a…
AGL Energy signs partnership with technology firm Kaluza
SYDNEY, AUSTRALIA: AGL Energy Limited (AGL) has announced a strategic partnership with technology firm Kaluza to revolutionize its customer operations. This collaboration marks a significant milestone in AGL’s Retail Transformation Program, aimed at enhancing customer experiences, slashing operational costs, and expediting product delivery to the market. Kaluza’s innovative platform, known for digitizing energy billing and…