SINGAPORE: HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Avail, a modular blockchain solution designed to unify Web3 and optimize data availability (DA) for scalable and customizable applications. Avail DA provides decentralized infrastructure for developers to quickly build and scale modern blockchain applications. By inheriting security…
Alpine Power Systems acquires selected assets of DC Power Systems
CHARLOTTE: Alpine Power Systems, a leading provider of critical power, telecom, cable, and motive power solutions, have acquired selected assets of DC Power Systems, Inc. This strategic acquisition enhances Alpine’s capabilities and presence in the Southeast United States, furthering its mission to provide unparalleled power solutions to its customers. This is Alpine’s 26th acquisition under…
Mandarin Oriental to sell two retail units adjoining Mandarin Oriental, Paris
LONDON: Mandarin Oriental International Limited, the publicly listed parent company of Mandarin Oriental Hotel Group, has signed an option to sell its interests in two retail units adjoining the Mandarin Oriental, Paris located at 251 rue Saint-Honoré, Paris to Lavender Propco SNC, an entity controlled by Blackstone Europe LLP for €148 million. The proceeds will…
Omorfia Group has acquired The Grooming Company Holding from CedarBridge Capital Partners
ABU DHABI, UAE: Omorfia Group, the beauty anchor majority owned by Multiply Group, has successfully acquired 100% ownership of The Grooming Company Holding (TGCH), a premier provider of salon and beauty services in the UAE, from CedarBridge Capital Partners, the region’s leading private equity investor in consumer and beauty sectors. This strategic move reinforces Omorfia…
Great Southern Copper secures major mining concessions in Chile
LONDON: Great Southern Copper plc (GSCU) has announced the successful signing of a Purchase Option Agreement for the Artemisa concession group in northern Chile. This move comes after a comprehensive 90-day due diligence period and is set to bolster the company’s Especularita project area with an additional 1,665 hectares of highly prospective land. The new…
Pierre Pellerey appointed Chief Technical Officer at DG Innovate
LONDON: DG Innovate (LSE: DGI), the advanced research and development company developing pioneering solutions in sustainable mobility and energy storage, is pleased to announce that ex-Tesla electric motor design engineer Pierre Pellerey has been appointed as the Company’s Chief Technical Officer (“CTO”), a non-board position. Pierre was previously appointed as a consultant to the Company,…
Good Energy Group announces further investment into Zapmap
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…