LONDON: Hargreaves Services plc, a diversified group delivering services to the industrial and property sectors, announced the sale of its entire inventory of speciality coal to its German Joint Venture, HRMS, ending its material direct business interests in coal. Hargreaves has sold all of the speciality coal held at its two UK stockholding sites to…
Randall & Quilter agrees to acquire the Vibe Group for £25 million
LONDON: Randall & Quilter Investment Holdings Ltd. (R&Q) announced that its wholly owned subsidiary, Randall & Quilter II Holdings Limited, has signed an agreement to acquire the entire issued share capital of Vibe Services Management Limited (VSML), Vibe Corporate Member Limited (VCML) and Vibe Syndicate Management Limited, together the Vibe Group. The consideration payable by…
Gresham House buys large 30MW battery storage project
LONDON: Gresham House Energy Storage Fund, the UK’s largest operational utility-scale battery storage fund, has conditionally agreed to acquire a c.30MW battery project located near Wester Dechmont, Livingston in West Lothian, Scotland. The Project is part of the pipeline described in the Fund’s Prospectus published on 10 November 2020. Byers Brae is a battery-only site…
SEEIT acquires of solar and storage projects in the United States
LONDON: SDCL Energy Efficiency Income Trust (SEEIT) has agreed to acquire a series of portfolios of commercial and industrial (C&I) on-site solar and energy storage projects in the United States, together with a 50% interest in the platform that has created them, Onyx Renewable Partners from funds managed by Blackstone for a consideration of approximately…
Uniti Group completes acquisition of Telstra Velocity & South Brisbane Exchange
SYDNEY: Uniti Group Limited announce the successful completion of its acquisition of certain fibre-to-the-premises (FTTP) assets owned by Telstra Corporation Ltd deployed to provide high speed broadband to the Telstra Velocity estates and South Brisbane Exchange regions. Settlement of the acquisition occurred with the payment of upfront consideration of $85M to Telstra, funded through a…
Uniti Group
Click Here Uniti Group share price Uniti Group is a diversified provider of telecommunications services, with ‘three pillars’ of strategic growth; Wholesale & Infrastructure (W&I), Consumer & Business Enablement (CBE) and Specialty Services. Uniti Group listed on the Australian Securities Exchange in February 2019 and has a stated strategy of becoming a market-leading constructor, owner…
a2 Milk Company agrees on terms for acquisition of 75% interest in Mataura Valley Milk
AUCKLAND: The a2 Milk Company (a2MC) has entered into binding agreements relating to the acquisition of a 75% interest in Mataura Valley Milk (MVM), a dairy nutrition business, located in Southland, New Zealand. The proposed acquisition will provide the opportunity for a2MC to participate in nutritional products manufacturing, provides supplier and geographic diversification, and strengthens…
Emirates SkyCargo transports first batch of Pfizer-BioNTech COVID-19 vaccines for Dubai Health Authority
DUBAI: Emirates SkyCargo has notched yet another milestone by flying in COVID-19 vaccines manufactured by Pfizer-BioNTech to the UAE for the first time for the Dubai Health Authority (DHA). The vaccines were transported from Brussels on Emirates flight EK 182 on 22 December 2020, arriving at Dubai International Airport (DXB) at 22.15 local time. HH…
Norwegian Air Shuttle announces conversion of perpetual bonds, new share capital registered
OSLO: Reference is made to the Norwegian Air Shuttle ASA perpetual 0% EUR convertible bond loan in the aggregate amount of EUR 8.217 million. Norwegian Air Shuttle has received conversion notices from bondholders representing EUR 600,000 in this bond issue, which pursuant to standard terms set out in the bond terms are convertible into 16,079…
Epic Gas and Lauritzen Kosan agree to combine fleet and businesses
COPENHAGEN: Epic Gas Ltd., a leading LPG shipping solutions company, and Lauritzen Kosan A/S, the gas carrier division of J. Lauritzen, have entered into a transaction agreement to combine their fleet and business activities to create BW Epic Kosan. • Combination creates a world leader in last mile delivery of LPG and other speciality gases…
Emirates earns five-star rating from its customers
DUBAI: Emirates has received the APEX 2021 Five Star Global Official Airline RatingTM, based on feedback from passengers that was independently collected by APEX via its partnership with TripIt, and validated and certified by an external auditor to ensure that all ratings were made by genuine travellers who had flown on the airline they were…
Kin and Carta acquires Cascade Data Labs
LONDON: Kin and Carta plc, the international digital transformation company, announced the acquisition of Cascade Data Labs LLC, a Portland, Oregon-based data transformation consultancy. This comes following the announcement on 17 December of the disposal of Kin and Carta non-core agency Hive for £13.8 million. Cascade offers end-to-end data transformation expertise across all of the…