LONDON, UK: NextEnergy Solar Fund, the specialist solar and energy storage climate impact fund, with a combined installed power capacity of 865MW, has advanced its position in the energy storage sector through a new £200m Joint Venture Partnership (“JVP2”) with Eelpower Limited (“Eelpower”). JVP2 reflects the successful relationship built with Eelpower, offering enhanced terms by…
ArcelorMittal joins forces with SigmaRoc
LONDON, UK: World steel leader ArcelorMittal and quarried materials group SigmaRoc have entered into a strategic joint venture agreement to create a new company. The company will produce lime, an essential purifying additive used in steel production as well as numerous other industrial applications. The partners will leverage their materials and manufacturing expertise to produce…
Mark Irwin appointed CEO of Serco Group
LONDON, UK: Serco Group announces that Rupert Soames has confirmed to the Board his intention to retire from the Company in September 2023. He will step down both from his role as Chief Executive and from the Board at the end of December 2022, and will be succeeded by Mark Irwin, who is currently the…
Greatland Gold secures A$340mn funding for development of Havieron
LONDON, UK: Greatland Gold plc (AIM:GGP), has executed debt and equity agreements to secure up to total of A$340 million in new funding that is expected to enable Greatland to fully fund its 30 per cent share of Havieron into production. Shaun Day, Managing Director of Greatland Gold plc, commented: “This is a tremendous announcement…
VH Global to acquire three solar PV sites in Australia for £21.2mn
LONDON, UK: VH Global Sustainable Energy Opportunities – the London-listed investment company advised by Victory Hill Capital Advisors LLP focused on energy infrastructure that is essential for the global transition towards net zero – has agreed to acquire and build three fully-permitted solar PV sites for £21.2m as part of the existing £50m commitment to…
M Vest Water forms fully-owned subsidiary in Germany
BERGEN, NORWAY: M Vest Water (EURONEXT: MVW) has founded a fully owned subsidiary, “M Vest Water GmbH”, in Germany securing logistic, sales and service to the German and European market. M Vest Water GmbH is located in the Bavaria region in Germany. Technology centre with, offices, fully operational laboratory, and a group of highly qualified…
Epwin Group has acquired Poly-Pure for initial consideration of £15 million
LONDON, UK: Epwin Group Plc (AIM: EPWN), the leading manufacturer of energy efficient and low maintenance building products, with significant market shares, has completed the acquisition of Poly-Pure Ltd for an initial cash consideration of £15 million on a debt-free and cash-free basis, funded from the Group’s existing facilities. Background to Poly-Pure Poly-Pure is a…
Sustainable Farmland Trust announces £200 million IPO
LONDON, UK: The Sustainable Farmland Trust Plc announced its intention to launch an initial public offering (IPO) on the Premium Segment of the Official List of the FCA and to begin trading on the Main Market of the London Stock Exchange, by way of a placing, offer for subscription and intermediaries offer targeting the issue…
Independent Living REIT plans £150mn IPO on London Stock Exchange
LONDON, UK: Independent Living REIT plc has announced its intention to launch an initial public offering (IPO). The company is seeking to raise target gross issue proceeds of £150 million through the issuance of new ordinary shares in the company by way of a Placing, Offer for Subscription and Intermediaries Offer, and will apply for…
Navya sells 8 self-driving shuttles to autonomous mobility provider, Beep
PARIS, FRANCE: NAVYA, a leader in autonomous mobility systems, has signed a contract in the US with autonomous mobility provider Beep, concerning the sale of 8 autonomous shuttles. The new order from Beep will significantly increase its fleet size and bring the total number of Navya self-driving shuttles operated to 22 vehicles. This will enable…
Bureau Veritas has acquired C.A.P. Government Inc
PARIS, FRANCE: Bureau Veritas has acquired C.A.P. Government Inc. (CAP), a US-based company serving as one of the largest building department services firms in Florida. As the world leader in TIC for the Buildings & Infrastructure market, Bureau Veritas offers services covering the entire lifecycle of different assets, from planning to design, execution and operation….
Mubadala and TAQA to acquire power plants in Uzbekistan
ABU DHABI, UAE: Mubadala Investment Company (Mubadala) and Abu Dhabi National Energy Company PJSC (TAQA) will each acquire a 40% stake in two gas-fired power plants, in the Talimarjan power complex in Uzbekistan, with a combined capacity of 1.6 gigawatts (GW) and the assumption of associated operations & maintenance activities. The Talimarjan Issiqlik Elektr Stansiyasi…