LONDON, UK: Ørsted has delivered the first power from the Greater Changhua 1 & 2a Offshore Wind Farm. This represents a big achievement for Ørsted and the industry as Greater Changhua 1 & 2a is the biggest offshore wind project in Taiwan and the company’s first large-scale offshore wind farm in the Asia-Pacific region. Located…
Ferguson Plc completes $1.0 billion bond financing
LONDON, UK: On April 20, 2022, Ferguson Plc closed a two-tranche $1.0 billion bond offering comprised of $300 million aggregate principal amount 4.25% notes due April 20, 2027 and $700 million aggregate principal amount 4.65% notes due April 20, 2032. The net proceeds will be for general corporate purposes, including the repayment of existing debt….
Hexagon Purus acquires 40% stake in Cryoshelter GmbH business
OSLO, NORWAY: Hexagon Purus, a world leading supplier of zero emission mobility solutions, has entered into an agreement to acquire 40% of Cryoshelter GmbH liquid hydrogen business. The transaction is in conjunction with Hexagon Composites’ acquisition of a 40% stake in Cryoshelter’s liquid natural gas (LNG) business. The transaction represents an attractive investment for Hexagon…
AVC Immedia will acquire entire issued capital of Immedia Broadcast Limited
LONDON, UK: Immedia Group has disposed of its wholly owned subsidiary, Immedia Broadcast Limited to AVC Immedia. In addition, the company is proposing to change its name to Immediate Acquisition Plc with effect from completion of the disposal. The Company is proposing to dispose of its main trading subsidiary, Immedia Broadcast Limited. Therefore, the Company…
Coinsilium signs SAFT to acquire Yellow Network native tokens
LONDON UK: Coinsilium Group Limited (AQSE: COIN), the Blockchain and Open Finance venture builder, has entered into a Simple Agreement for Future Tokens (SAFT) with Layer3 FinTech Ltd to purchase $200,000 of YELLOW tokens, the native token of Yellow Network. Yellow Network is a cross chain overlay, Financial Information Exchange and distributed liquidity infrastructure network…
Elon Musk’s The Boring Company raises $675mn Series C funding
NEW YORK: Elon Musk founded The Boring Company announced Series C funding round of $675 million, led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, and DFJ Growth. The financing now values The Boring Company at $5.675 billion. The funds from the round will be used…
Contact and LSbp join to create 380,000MW solar energy anually by 2026
SYDNEY, AUSTRALIA: New Zealand energy company Contact Energy and global solar developer Lightsource bp (‘LSbp’) will collaborate on a series of grid-scale solar generation projects to create up to 380,000 megawatt hours of clean, affordable electricity annually by 2026 – enough to power 50,000 homes across the country. Under the new 50/50 joint venture Contact…
How To Use Digital Marketing To Improve Your Business
Digital marketing is a broad term that encompasses a wide range of marketing activities that use electronic channels to reach and engage customers. It has become an essential part of any business’s marketing mix, and with good reason. In this article, we will discuss the basics of digital marketing and how you can use it…
Pioneer Media appoints Darcy Taylor as Chief Executive Officer
VANCOUVER, BC: Pioneer Media Holdings has appointed Darcy Taylor as Chief Executive Officer (CEO), effective immediately. Previous to Pioneer, Darcy was CEO of East Side Games Group (TSX: EAGR) (formerly operating under the name “LEAF Mobile Inc.”), one of Pioneer’s portfolio companies. During his tenure, he was responsible for leading the company through transformational growth…
SSE to acquire Siemens Gamesa’s European RE development platform for €580mn
LONDON, UK: SSE Renewables has entered into an agreement with Siemens Gamesa Renewable Energy (SGRE) to acquire its existing European renewable energy (RE) development platform for a consideration of €580 million. The SGRE portfolio includes c.3.9GW of onshore wind development projects – around half of which is located in Spain with the remainder across France,…
Industrials REIT acquires four multi-let estates for £21 million
LONDON, UK: Industrials REIT, the UK multi-let industrial (MLI) property company, has acquired four multi-let industrial estates, in Boston, Barnsley, Leeds and Stockton on Tees, for a total consideration of £20.86 million. The purchase price reflects a blended net initial yield (“NIY”) of 5.7% and an average capital value of £80 per sq ft. Totalling…
Schroder European REIT acquires car showroom in France
LONDON, UK: Schroder European REIT, the company investing in European growth cities, has exchanged contracts to purchase a freehold car showroom property in Cannes, southern France, for €8.4 million, reflecting a net initial yield of 5.5% and a reversionary yield of 6.4%. The 4,235 sqm showroom is fully let to FCA Motor Village France, a…