WELLINGTON: Infratil Limited has announced an initial investment in Galileo Green Energy, LLC (GGE), a recently formed renewable energy platform headquartered in Zurich, Switzerland. Infratil will invest in GGE in conjunction with the Commonwealth Superannuation Corporation (CSC), the New Zealand Superannuation Fund and the Morrison & Co Growth Infrastructure Fund. Infratil will own a 40%…
BetMakers to manage fixed odds horse racing in New Jersey for 10 years
SYDNEY, AUSTRALIA: BetMakers Technology Group Limited’s subsidiary, BetMakers DNA Pty Ltd has signed an agreement with New Jersey Thoroughbred Horsemen Association (Horsemen) and Darby Development LLC., to deliver and manage Fixed Odds horse racing into New Jersey along with exclusive distribution of Monmouth Park racing content throughout other parts of the United States and internationally….
Second Commercial sale of RZTO technology secured to Israeli cannabis grower
SYDNEY: Roots Sustainable Agricultural Technologies Limited has secured a $36K AUD sale on top of previous order of $47K AUD for its Root Zone Temperature Optimisation (RZTO) technology, from Barlev agricultural crops ltd (Barlev), a prominent Israeli medical cannabis producer. The order was secured following a successful fully commercial, RZTO technology installation on the grower’s…
Sequoya Cannabis Limited wins EU GMP Certification
SYDNEY, AUSTRALIA: Sequoya Cannabis Limited’s Polish subsidiary, Sequoya Europe, has received EU GMP Certification for its newly completed European Centre of Extraction and CBD Production, announced MMJ Group Holdings Limited, an Australian-listed company that specialises in managing a portfolio of investments along the cannabis value-chain. Sequoya’s has achieved its first step to become a significant…
FireAngel wins EU patent for predictive algorithm platform, Predict
LONDON: FireAngel Safety Tech, Europe’s developer and supplier of home safety products, announced that FireAngel Predict, the Group’s predictive algorithm management information platform, has been granted a patent by the European Patent Office. This follows the successful grant of a patent awarded in both the USA and Australia. Following a thorough examination process by the…
Bowleven signs intent letter for supply of gas from Etinde, offshore Cameroon
LONDON: Bowleven Plc, the Africa focused oil and gas exploration group, has confirmed the signing of a non-binding Letter of Intent (LOI) between Victoria Oil & Gas Plc (VOG) and New Age Ltd, for the supply of gas from the Etinde Field, offshore Cameroon. Under the terms of the LOI, VOG and New Age will…
SDCL completes $110 million acquisition of Primary Energy stake
LONDON: SDCL Energy Efficiency Income Trust plc has completed the acquisition of a 50% interest in Primary Energy, a portfolio of recycled energy and cogeneration projects located in Indiana, USA, from a consortium led by Fortistar LLC for an equity cash consideration of approximately $110 million. The 298MW portfolio consists of five operating projects which…
Filtronic wins advanced mmWave design and development contracts worth $1.6mn
LONDON: Filtronic plc, the designer and manufacturer of products for the critical communications and wireless telecoms markets, announced contract wins for two separate advanced mmWave design and development contracts that have strategic importance to the development of the Company and its technology roadmap. The first contract, from a leading RF equipment company in the USA,…
Halma Plc acquires Indiana based Sensit Technologies for $51.5 million
LONDON: Halma Plc has acquired Sensit Technologies LLC, a gas leak detection company based in Indiana, USA for a cash consideration of $51.5 million. Halma is a global group of life-saving technology companies, focused on creating a safer, cleaner and healthier future for people worldwide. Sensit Technologies manufactures equipment and designs technologies that enable natural…
RockRose signs SPA to acquire Cotton Gas Field
LONDON: RockRose Energy Plc, the independent oil and gas production company, has signed a Sales and Purchase Agreement (SPA) to acquire 100% of the equity of Speedwell Energy Limited, the holder of 100% interest in the Cotton gas Field in the UK sector of the Southern North Sea. The transaction is made for a limited…
Fusion Resource Provider to enter public availability in Q1 2020
LONDON, UK: WANdisco, the live data company for machine learning and AI, announced progress on the Company’s strategic joint product initiative with Microsoft which is expected to enter public availability in Q1 2020. Fusion Resource Provider (FRP) is a jointly developed solution with Microsoft which will deeply embed WANdisco’s Fusion technology into the data fabric…
RusHydro signs loan agreement with VTB Bank
MOSCOW: RusHydro has announced signing of loan agreement with VTB Bank regarding revolving loan facility for 15 years with limit of up to RUB 30 billion. The maximum interest rate on the loan is equal to key rate set by the Central Bank of the Russian Federation plus 2.9%. RusHydro Group is the leading producer…