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Norsk Solar and CME Solar team up to boost solar energy in Vietnam
OSLO, NORWAY: Norsk Solar, a Norwegian company that develops and invests in solar power projects, and CME Solar (CMES), a Vietnamese company that provides solar energy solutions, have signed a Joint Development Agreement (JDA) to advance renewable energy initiatives in Vietnam. The agreement, which was finalized on July 24th, marks a significant milestone in the…
Wendel sells flexible packaging leader Constantia Flexibles to One Rock Capital Partners
PARIS, FRANCE: Wendel, one of Europe’s leading listed investment firms, has announced that it has signed an agreement to sell Constantia Flexibles, a global leader in the flexible packaging market, to an affiliate of One Rock Capital Partners, a private equity firm based in New York. The deal, expected to close in the second half…
Poujoulat Group expands its wood-energy business with BBNA acquisition
PARIS, FRANCE: The Poujoulat Group, the European leader in chimney flues and industrial chimneys and the French leader in biofuels, has announced that it has acquired 100% of the shares of Bois Bûches Nord Atlantique (BBNA), a company specialized in the production and distribution of high-performance logs and pellets in Loire-Atlantique. The deal, signed on…
Waga Energy partners with Scott County to produce RNG in Davenport, Iowa
PARIS, FRANCE: Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas (RNG) from landfills, signed a commercial agreement with the Waste Commission of Scott County, an inter-governmental solid waste management agency, and Linwood Mining and Minerals Corporation, a leader in the limestone industry in the Midwest, to produce RNG at…
Aldar Education boosts its presence in UAE and Bahrain with new investments
ABU DHABI, UAE: Aldar Education, a leading education provider and a subsidiary of Aldar Properties, has announced that it has increased its investment in its education business by over AED 350 million, adding to the initial AED 1 billion commitment announced in 2022. The capital deployed marks Aldar Education’s expansion into Dubai and Bahrain, as…
RareX to sell NSW copper-gold assets to Kincora for shares and royalty
SYDNEY, AUSTRALIA: RareX Limited, an Australian mineral exploration company focused on rare earths and gold, has announced that it has agreed to sell its 35% asset level interests in five copper-gold exploration licences in New South Wales to its joint venture partner, Kincora Copper Limited, for consideration comprising 40 million Kincora Chess Depositary Interests (CDIs)…
VEON appoints Faisal Ghori Group Director Investor Relations
AMSTERDAM: VEON Ltd., a global digital operator that provides converged connectivity and online services, today announces that Faisal Ghori has been appointed as its new Group Director Investor Relations. Faisal Ghori will join VEON effective August 1st, based in Dubai, and will report to the VEON Group CFO Joop Brakenhoff. As VEON accelerates its growth,…
Strandline raises $30 million to ramp up Coburn and pursue growth opportunities
SYDNEY, AUSTRALIA: Strandline Resources Limited, a mineral sands producer and developer, has announced that it has raised $30 million through an institutional placement to support its continued ramp-up at its flagship Coburn project in Western Australia and accelerate its various growth initiatives. The company will also offer a share purchase plan to eligible existing shareholders…
Equipmake’s electric propulsion unit powers Vertical Aerospace’s eVTOL prototype
LONDON, UK: Equipmake, the UK-based engineering specialist pioneering the development and production of electrification products across various industries, has announced that its advanced electric propulsion unit (EPU) was used in Vertical Aerospace’s prototype eVTOL aircraft in its successful first untethered flight test. The project is the first time Equipmake’s electrification products and expertise have been…
Serabi Gold secures indigenous support for Coringa project
LONDON, UK: Serabi Gold plc, the Brazilian-focused gold mining and development company, has announced that it has signed an agreement with the representatives of the indigenous communities confirming their support for the long-term development of the Coringa project and setting out the steps to be followed to complete the consultation process. The agreement has been…
ORIT invests in new solar and battery development platform
LONDON, UK: Octopus Renewables Infrastructure Trust plc (ORIT), a leading investor in renewable energy assets, has announced that it has agreed to invest up to £2m to set up and fund a new development business, focused on creating new ground-mounted solar PV and co-located battery storage assets in the UK. ORIT will own 100% of…