LONDON, UK: ThomasLloyd Energy Impact Trust (TLEI), a new closed-ended investment company established to invest in a diversified portfolio of unlisted sustainable energy infrastructure assets in fast-growing and emerging economies in Asia, announced its intention to launch an Initial Public Offering (IPO) to raise up to $340 million. ThomasLloyd Energy Impact Trust will seek admission…
A Pathway for Scotland to Become a Clean Energy Exporter
A vision to utilise Scottish offshore wind resources in the North Sea to makethe country an exporter of clean energy has been unveiled at the COP 26 climatechange conference in Glasgow. The Northern Horizons Project has been unveiled by Aker Horizons’ portfoliocompanies Aker Offshore Wind and Aker Clean Hydrogen, who have the technicalknow-how and expertise…
Veidekke to build the world’s best rainy-day school in Gothenburg City
OSLO, NORWAY: Veidekke ASA has been commissioned to build Torslandaskolan F-6 for the Gothenburg City authority. The design and build contract has a value of approx. SEK 217 million. The new school is scheduled for completion in spring 2024. The City of Gothenburg is currently celebrating its 400th anniversary, and the construction of Torslandaskolan F-6…
Adbri acquires Zanows’ Concrete & Quarries business for $58mn
SYDNEY, AUSTRALIA: Adbri Limited has signed an agreement to acquire the Zanows’ Concrete & Quarries business. The business operates two concrete plants, with approval for an additional concrete plant, a sand and gravel quarry, and a hard rock quarry located in the western area of Brisbane. In addition to supplying sand and aggregates internally as…
Square Inc.’s stockholders approve acquisition of Afterpay
SYDNEY, AUSTRALIA: Afterpay Limited confirmed that Square Inc. stockholders have approved the issuance of Square Class A common stock (including the shares underlying CHESS Depositary Interests) (New Square Shares) to Afterpay shareholders as contemplated by the Scheme Implementation Deed entered into between Square, Lanai (AU) 2 Pty Ltd and Afterpay announced on 2 August 2021.…
Eramet signs agreement to sell Sandouville hydrometallurgical plant
PARIS, FRANCE: Eramet has exercised its put option for the sale of Sandouville hydrometallurgical plant, and signed the Share Purchase Agreement with Sibanye-Stillwater. As announced in the press release dated 30 July 2021, Eramet signed an exclusive put option agreement with Sibanye-Stillwater for the sale of 100% of the shares of its subsidiary, Eramet Sandouville,…
Brett Redman appointed Chief Executive Officer for TransGrid
SYDNEY, AUSTRALIA: Spark Infrastructure has announced the appointment of Mr Brett Redman as the new Chief Executive Officer (CEO) of TransGrid. Mr Redman will commence as TransGrid’s CEO on 16 November 2021. Spark Infrastructure holds a 15.01% interest in TransGrid. Until April 2021, Mr Redman was Managing Director & CEO of AGL Energy Limited (AGL),…
GFH & Preylock acquire $2bn portfolio of Amazon designated warehouses
MANAMA, BAHRAIN: GFH Financial Group announced its successful investment, in partnership with Preylock Holdings, in a portfolio of high quality, income yielding logistics assets leased to Amazon. In a transaction currently valued at more than $2 billion, the portfolio, comprised of 14 mission-critical logistics assets strategically located in 11 states, is fully leased on a…
Zlatko Vucetic appointed CEO of Infront AS
OSLO, NORWAY: Infront AS announced that Zlatko Vucetic has been appointed to the position of CEO of Infront replacing Kristian Nesbak, who remains as a Director and a shareholder of Infront AS. Zlatko Vucetic joined Infront as Deputy CEO in June 2021 and has since worked closely with Kristian Nesbak and the management team to…
Bahrain’s Minister of Finance and National Economy to open 2nd Annual Mentorship Forum Middle East
MANAMA: Mentorship Forum Middle East (MFME) 2021 today announced that HE Shaikh Salman bin Khalifa Al-Khalifa, Minister of Finance and National Economy of the Kingdom of Bahrain, will open the Forum’s 2nd edition with a keynote address on this year’s theme “Prioritising Mentorship in a New World”. The event is being held on November 11,…
Helios Towers acquires Airtel’s passive infrastructure Madagascar
LONDON, UK: Helios Towers, the independent telecommunications infrastructure company, has closed the acquisition of Airtel Africa’s passive infrastructure company in Madagascar, adding 490 sites to its portfolio. The gross consideration for the transaction will be $52 million. Helios Towers and Airtel Africa have also entered into a 12-year service agreement on the acquired assets, which,…
Vopak evaluates options for terminals in Australia
ROTTERDAM, NETHERLANDS: Royal Vopak is investigating the strategic options for its terminals in Australia, which may include continued operations or divestment. As the outcome of this process is currently unknown, no further details are disclosed. Vopak has a strategy in which the majority of its growth investments will be allocated towards industrial, chemicals, gas and…