ESPOO, FINLAND: Ericsson (NASDAQ: ERIC) has appointed Jenny Lindqvist Senior Vice President, Head of Market Area Europe & Latin America, as of February 1, 2023. Effective the same date she will become member of the Ericsson Executive Team, reporting to the CEO. Jenny Lindqvist currently holds the position of Vice President and Head of Northern…
Sindh Engro and Power Cement sign MoU to blend Thar coal in cement manufacturing
KARACHI, PAKISTAN: Sindh Engro Coal Mining Company (SECMC) and Power Cement has signed a memorandum of understanding (MOU) for a trial run of Thar coal for cement production in their manufacturing unit. The memorandum was signed by Sindh Engro Coal Mining Company CEO Amir Iqbal and Power Cement CEO Kashif Habib. Under the MoU between…
Velocys and Bechtel Energy collaborate project delivery solution for global markets
LONDON, UK: Velocys plc, the sustainable fuels technology company, executed a master relationship agreement (MRA) with Bechtel Energy, one of the world’s most respected engineering companies. The MRA sets out a route map for the parties to collaborate with each other with the objective of developing an EPC execution model for the Company’s sustainable fuels…
Gore Street Energy Storage Fund to acquire energy storage project in Texas
LONDON, UK: Gore Street Energy Storage Fund has agreed to acquire a 75 MW / 150 MWh energy storage project located in Texas, United States. Following this acquisition, GSF’s internationally diverse portfolio will consist of 26 projects with a total capacity of 973.2 MW in operation and construction across the UK, Ireland, Germany and the United…
Corcel Plc has sold Burwell Energy Storage Project to Burwell AL Ltd
LONDON, UK: Corcel Plc (AIM: CRCL), the natural resource exploration and development company, has completed the sale of a 100% interest in the Burwell Energy Storage project outside of Cambridge to Burwell AL Ltd. The Company has closed the sale of the Burwell project for cash proceeds of £200,000, plus a reimbursement of Corcel’s grid…
WiseTech Global acquires Envase Technologies for $230 million
SYDNEY, AUSTRALIA: WiseTech Global (ASX:WTC), developer of leading logistics execution software CargoWise, announced the acquisition of Envase Technologies, a leading provider of transport management system software for intermodal trucking and landside logistics in North America in a transaction valued at US$230 million. Envase Technologies is being acquired from private investment firm and supply chain investor…
Black Mountain Energy acquires US based oil and gas fields, Half Moon Prospect
SYDNEY, AUSTRALIA: Black Mountain Energy has entered into an agreement with Earthstone Energy Inc to acquire 100% of Earthstone’s interest in an 8 operating wells and leases (known as the “Half Moon Prospect”) in the Permian Basin in New Mexico, USA. The Half Moon Prospect is located in the northwestern corner of the Delaware Basin…
Joshua Mundey appointed CEO of 1st Group Limited
SYDNEY, AUSTRALIA: 1st Group Limited (ASX: 1ST), the Australian digital health group, has appointed Joshua Mundey as its new permanent Chief Executive Officer, effective today. Mr Mundey has been acting in the role of Interim CEO since October 2022. The decision to appoint Mr Mundey in a permanent capacity has been taken by the Board…
The Ultimate Guide to Animation Studios and How They are Disrupting Interactive Design
This is a prosperous time to enter the animated film industry, especially if you want to work on feature films and TV series. It’s more competitive, with more opportunities becoming available in other countries. And even more especially: you don’t have to live in LA anymore! The industry is changing into less Hollywood-centric work and…
Winamp launches new platform for fair monetisation of artists’ content
PARIS, FRANCE: Targetspot SA announced the launch of the beta version of the new Winamp, a music platform offering users unprecedented proximity to artists and a new compensation model. The global release of the final version is scheduled for 28 February. An iconic brand with 80 million users worldwide Pioneer among the players used to…
Venture debt funding in MENA crosses $260 million across 18 deals in 2022
DUBAI, UNITED ARAB EMIRATES: The 2022 MENA Venture Debt Investment Report shows that venture debt funding grew 18x between 2020 and 2021, revealing a growing appetite for the funding tool to support startup growth. The number of venture debt deals almost doubled between 2021 and 2022 as the ecosystem started regaining momentum following the pandemic….
Dekel Agri-Vision acquires additional 29.3% interest in Côte d’Ivoire cashew operation
LONDON, UK: Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has entered into an agreement to acquire an additional 29.3% interest in the large scale raw cashew nut (RCN) processing project at Tiebissou, Côte d’Ivoire, which will increase its interest to 100%. The Cashew Operation is…