FOLLANSBEE, West Virginia: Empire Diversified Energy and Heartland Water Technology have announced their collaboration with Empire Green Generation to establish a cutting-edge facility aimed at transforming food waste into renewable hydrogen and carbon. This initiative is part of the Department of Energy’s Appalachian Regional Clean Hydrogen Hub (ARCH2) and marks a pivotal advancement in waste-to-hydrogen…
Archer Aviation partners with Etihad Training to launch eVTOL pilot program in UAE
RIYADH, Saudi Arabia: Archer Aviation Inc., a pioneering force in electric vertical takeoff and landing (eVTOL) technology, has inked a memorandum of understanding with Etihad Training. This strategic alliance is set to kickstart a comprehensive pilot recruitment and training initiative for Archer’s state-of-the-art Midnight aircraft in Abu Dhabi, marking a significant leap towards establishing an…
Jaime Ramirez appointed new Chief Executive Officer of Fluidra
BARCELONA: Fluidra, the global leader in equipment and connected solutions in the pool and wellness sector, appoints Jaime Ramirez as the company’s new Chief Executive Officer (CEO) effective 1 June 2024. Since the merger with Zodiac in 2018, Fluidra has established its position as a global market leader; developed its product portfolio, services and solutions;…
Dubai Mall announces Elite Personal Shopping Suite for unparalleled luxury experience
DUBAI, UAE: In a grand move to elevate the luxury retail landscape, Dubai Mall has launched the Elite Personal Shopping Suite. Managed by Emaar Malls, this exclusive service is nestled on the second floor of Fashion Avenue, promising a transformative shopping experience for the elite clientele. Following a record-breaking footfall of 105 million in 2023,…
Veidekke signs memo to acquire Euromining AB in Sweden for NOK 500 million
OSLO, NORWAY: Veidekke has entered into a memorandum of understanding relating to its acquisition of the company Euromining AB in Gällivare, Sweden, a machinery contractor focused on the mining industry. Euromining’s business complements Veidekke’s existing operations in northern Sweden, which currently concentrate primarily on infrastructure and mining newbuild projects. The acquisition encompasses not only Euromining…
Hexagon Purus and Hino Trucks unveil Tern, the new zero-emission truck
OSLO, NORWAY: Hexagon Purus, in collaboration with Hino Trucks, has unveiled ‘Tern’ – a brand dedicated to zero-emission trucks. The announcement was made at the Advanced Clean Transportation (ACT) Expo, marking the launch of their first vehicle, the RC8. This battery electric Class 8 tractor is specifically designed for the U.S. market and is a…
AFC Energy to power Niftylift’s innovative hydrogen-electric platforms
LONDON: AFC Energy (AIM: AFC), a pioneer in hydrogen power generation technology, has announced a strategic partnership with Niftylift, one of Europe’s leading mobile elevating work platform manufacturers. This collaboration is set to revolutionize the industry with the integration of AFC’s S Series fuel cell modules into Niftylift’s cutting-edge Hydrogen-Electric (H2E) range. John Keely, Managing…
Helical plc sells 50% stake in 100 New Bridge Street for £55 million
LONDON: Helical plc has entered into a joint venture arrangement for the redevelopment of 100 New Bridge Street, London EC4 selling a 50% interest for £55 million on a preferred equity basis to a vehicle led by Orion Capital Managers. The building, originally completed in 1992, will be taken back to the frame and comprehensively…
AstraZeneca announces $1.5 billion investment in Singapore manufacturing
LONDON: AstraZeneca has unveiled plans to construct a state-of-the-art manufacturing facility in Singapore, dedicated to the production of antibody drug conjugates (ADCs). This $1.5 billion venture marks the company’s first foray into manufacturing within Singapore and represents a significant step in enhancing the global supply of its ADC portfolio. ADCs, which are at the forefront…
EQT Group makes final offer to acquire Keywords Studios for 2,450 pence/share
RECOMMENDED FINAL CASH OFFER LONDON, UK: The Board of Keywords Studios plc confirms that it is in advanced discussions with a fund which is part of the EQT Group regarding a possible cash offer of 2,550 pence per share to acquire the entire issued and to be issued share capital of Keywords Studios. Keywords Studios…
Bigblu Broadband announces disposal of Brdy AS and Brdy Nordics AS
LONDON, UK: Bigblu Broadband plc has announced the sale of its Norwegian operations, Brdy AS and Brdy Nordics AS, to Brdy Holding AS, a company formed by the Norwegian Management Team and former CEO Andrew Walwyn. The enterprise value of the units sold is £1.3 million, with an initial consideration of £1 and potential additional…
British Land sells 50% stake in Meadowhall Shopping Centre to Norges Bank for £360m
LONDON, UK: In line with its strategy to focus on retail parks and reduce exposure to covered shopping centres, British Land announced that it has exchanged contracts for the sale of its 50% stake in Meadowhall Shopping Centre to its partner Norges Bank Investment Management for £360m. This follows the sale of some ancillary land…