BRUSSELS, BELGIUM: TINC, the infrastructure investor listed on Euronext Brussels, has entered into a partnership with Zelfstroom (NL), the largest provider of leasing solutions of solar power systems in the Netherlands. TINC has entered into a partnership with Zelfstroom, the largest provider of leasing solutions of solar power systems to private home owners in the…
HAV Group signs intent to acquire Høglund Marine Solutions
OSLO, NORWAY: HAV Group ASA today announced the signing of a letter of intent for the acquisition of Høglund Marine Solutions AS, a leading provider of sustainable marine technologies and services, a statement said. “The potential acquisition of Høglund Marine Solutions will enhance our portfolio of marine technologies and services and holds a strong strategic…
How is the government helping inflation-hit consumers – do steps go far enough?
The UK is witnessing some of the highest inflation in 40 years on the back of skyrocketing energy bills, a global food crisis, and supply chain issues. In this guide, we explore why inflation is increasing, the effects, how the government is tackling the issue, and whether more needs to be done. Why is inflation…
EV charging costs increase in response to wholesale price
With more road users buying and leasing electric and hybrid vehicles than ever before, the reported environmental and financial benefits of driving an EV car have been the driving factor in their increasing popularity. However, record-breaking inflation of fuel and energy costs across the globe, increased consumer demand, expensive production costs and supply chain issues…
Alpha Dhabi increases stake in Aldar, becoming the parent company
ABU DHABI, UAE: Alpha Dhabi Holding PJSC, one of the fastest-growing investment holding companies in the UAE, listed on the Abu Dhabi Securities Exchange (ADX: Alphadhabi), has increased its stake in Aldar Properties PJSC, one of the leading real estate developers and managers in the UAE, reaffirming its position as the single largest shareholder and…
Ponsse Plc divests its subsidiary in Russia
HELSINKI, FINLAND: Ponsse Plc has sold all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia and Belarus. Today on 28 June 2022, Ponsse signed the deed of sale, according to which Ponsse’s operations in Russia will transfer to OOO Bison once the conditions of the transaction have been met. Ponsse announced…
Solutions 30 in exclusive negotiations for the acquisition of EnergyGo
PARIS, FRANCE: Solutions 30 SE has entered into exclusive negotiations for the acquisition of EnergyGo, a specialist in energy renovation, a news release said. EnergyGo is an expert in the energy renovation of individual homes, with more than 25,000 projects completed since its creation in 2010. With this transaction, the group confirms that it is…
Ceres Power and Shell sign agreement for green hydrogen
HORSHAM, UK: Ceres Power Holdings plc (AIM:CWR), a global leader in fuel cell and electrochemical technology, has signed an agreement with Shell to deliver a megawatt scale solid oxide electrolyser (SOEC) demonstrator in 2023. Shell and Ceres are building this partnership to utilise SOEC technology to deliver high-efficiency, low-cost green hydrogen; now widely viewed as…
Norseman completes acquisition of Caribou Property, executes royalty agreement
LONDON, UK: Cloudbreak Discovery Plc (LSE: CDL), a leading natural resources project generator with a particular focus on commodities key to the energy transition, announced that Norseman Silver Inc has fulfilled the obligations under the option agreement it entered into with Cloudbreak on 2 June 2020 and completed the royalty assignment agreement, ratifying Cloudbreak a…
Appreciate Group has acquired MBL Holdco Ltd
LONDON, UK: Appreciate Group, the UK’s leading multi-retailer redemption product provider to Corporate and Consumer markets, has acquired the entire share capital of MBL Holdco Ltd, a North East-based gift card technology provider to UK businesses and consumers, from Redu Group Ltd. The acquisition was completed on 24 June 2022 for an initial cash consideration…
DeepMatter acquires AI specialist ChemIntelligence
LONDON, UK: DeepMatter Group Plc, the digital chemistry data and software company, has acquired ChemIntelligence SAS in a transaction valuing the business at up to £0.42m, a news release said. ChemIntelligence has artificial intelligence (AI) that is used to develop chemical products and reactions faster. The business is based in Lyon, a city known as…
Ampol finalizes sale of Gull New Zealand to Allegro Funds for NZ$509 mn
AUCKLAND, NEW ZEALAND: Ampol Limited (ASX/NZX:ALD) confirms that the sale of its Gull New Zealand to a transaction vehicle entity of Allegro Funds Pty Ltd has become unconditional, a press release said. Under the terms of the sale, Allegro will acquire 100% of Gull for net cash proceeds of approximately NZ$509 million as well as…