EYBENS: Waste management company Scapigliato has signed an agreement with Waga Energy to produce renewable natural gas (RNG) at its landfill site in Rosignano Marittimo, Tuscany. The deal, finalized on April 29, follows a competitive tender launched by Scapigliato in July 2024. Under the agreement, Waga Energy will finance, build, and operate a purification unit…
Eutelsat names Jean-François Fallacher as CEO
PARIS: Eutelsat has appointed Jean-François Fallacher as its new CEO, marking a leadership transition aligned with the company’s evolving role in the telecom ecosystem. The appointment was approved at a Board Meeting on May 4, 2025, following the recommendation of the Nomination and Governance Committee. Fallacher will assume the position effective June 1. Fallacher, a…
Evergreen Lithium acquires Leonora Goldfields Project in transformational deal
LEONORA: Evergreen Lithium Limited (ASX: EG1) announced Tuesday the acquisition of the Leonora Goldfields Project in Western Australia, marking a strategic shift toward gold production. The deal positions the company to capitalize on the region’s rich mineral potential and existing infrastructure. Key Highlights – Resource Potential: The project holds a JORC-compliant inferred resource of 63,000…
Red Hill Minerals acquires royalty in Thomson Gold-Copper Project
BATHURST: Red Hill Minerals (ASX: RHI) has acquired a 1.5% net smelter royalty on Legacy Minerals’ (ASX: LGM) Thomson Project in New South Wales for $220,000, bolstering confidence in the emerging gold-copper discovery potential of the 5,500-square-kilometer site. The Thomson Project, located west of Bourke, is targeting large-scale intrusion-related gold-copper (IRG-Cu) systems, with recent assays…
XPON Technologies acquires Alpha Digital Design Consultants
BRISBANE: XPON Technologies Group Limited (ASX: XPN) announced Monday it has entered a binding agreement to acquire 100% of Alpha Digital Design Consultants, a leading Australian digital marketing firm, in a deal aimed at accelerating AI-driven growth. The acquisition, expected to settle May 6, aligns with XPON’s strategy to expand its AI marketing technology footprint. …
Resolute to acquire Côte d’Ivoire gold projects from AngloGold Ashanti
LONDON: Resolute Mining Ltd. announced Thursday it has entered into a binding agreement to acquire the Doropo and ABC Projects in Côte d’Ivoire from AngloGold Ashanti for $150 million. The acquisition includes $25 million upfront cash payment at closing and $125 million deferred payments in two installments: $50 million after 18 months and $75 million…
National Grid plc announces chief executive succession plan
LONDON: National Grid plc, a leader in energy networks, announced the appointment of Zoë Yujnovich as its next Chief Executive. She will succeed John Pettigrew who, after almost 10 years in post, has decided to retire from his role effective 16 November 2025. Following a comprehensive succession planning process both the Board and John believe…
Ørsted sells 24.5% in West of Duddon Sands Wind Farm for £456.1 million
COPENHAGEN: Danish energy company Ørsted has completed the sale of a 24.5% stake in the West of Duddon Sands Offshore Wind Farm to Schroders Greencoat for £456.1 million (approximately DKK 4 billion). The transaction, part of Ørsted’s partnership and divestment program, was finalized on April 30, 2025. Located 14 kilometers off the UK’s west coast,…
Aquila European Renewables announces sale of Portuguese hydropower interest
LONDON: Aquila European Renewables plc (AERI), a London-listed investment company advised by Aquila Capital Investmentgesellschaft mbH, has announced the sale of its 18% stake in the Portuguese hydropower asset Sagres. The sale comes as part of the company’s ongoing managed wind-down process approved by shareholders in September 2024. AERI’s board revealed on Wednesday that it…
Tow4Tech raises $1.5 million in pre-seed funding to transform commercial-fleet towing
Tow4Tech, a pioneering SaaS-based platform aimed at modernizing the commercial-fleet towing industry, has secured $1.5 million in pre-seed funding. The investment round was led by BrightCap Ventures, an early-stage venture capital firm headquartered in Sofia, Bulgaria, an emerging technology hub in Europe. With the commercial-fleet towing sector valued at approximately $12 billion, Tow4Tech is focused on streamlining…
Amazon new Kindle Paperwhite launched in India with upgraded features
NEW DELHI: Amazon unveiled the latest edition of its Kindle Paperwhite in India on Wednesday, boasting faster performance and enhanced display features. The U.S.-based tech giant claims the new Kindle Paperwhite offers 25% quicker page turns, improving the reading experience. The device features a 7-inch waterproof display with a 300 ppi resolution, utilizing an oxide thin-film transistor for higher…
Ofgem unveils transformational regulatory framework for local electricity networks
LONDON: Britain’s energy regulator, Ofgem, has announced a sweeping new regulatory framework aimed at revolutionizing local electricity networks as part of the nation’s transition to clean power. The blueprint, unveiled Wednesday, sets the stage for a five-year funding period beginning in 2028 and is expected to drive a historic expansion in the country’s electricity distribution…