PARIS, FRANCE: Saint-Gobain has entered into an agreement for the sale of its regional glass processing business Baltiklaas OÜ in Estonia to Polar Glass OÜ, a subsidiary of Barrus AS. Barrus AS is the largest glued laminated timber manufacturer in Estonia and supplier to window and door producers. Baltiklaas OÜ employs more than 200 people…
Total Eren and Chariot to deliver solar PV project for Tharisa’s Mine in South Africa
LONDON, UK: Total Eren Chariot (AIM: CHAR) signed a Memorandum of Understanding (MoU) with Tharisa plc to develop, finance, construct, own, operate and maintain a solar photovoltaic (PV) project for the supply of electricity to the Tharisa mine, in the North West Province, South Africa. The solar PV project is initially anticipated to be 40…
Innergex Renewable Energy acquires Aela Energía for $691mn
OSLO, NORWAY: Mainstream Renewable Power and Actis have sold Aela Energía to the Canadian-listed developer Innergex Renewable Energy for USD 691 million. Aela has grown to become Chile’s largest independent power producer of renewable energy, since it was established in 2013 as part of a joint venture between Actis (60 percent) and Mainstream (40 percent)….
ULS Technology launches conveyancing partnership with Moneyfacts
LONDON, UK: ULS Technology plc (AIM:ULS), the provider of online digital platforms for the UK conveyancing and financial intermediary markets, announces that eConveyancer has launched an exclusive conveyancing partnership with comparison website, Moneyfacts. The partnership will enable customers using Moneyfacts to search for and instruct a conveyancer from eConveyancer’s panel of more than 50 audited…
Waga will supply equipment to Air Liquide for renewable natural gas production
MEYLAN, FRANCE: Waga Energy will supply three cryogenic distillation modules to Air Liquide for two renewable natural gas (RNG) production plants currently under construction in the United States, a statement said. The cryogenic distillation modules, manufactured as standard components by Waga Energy for its WAGABOX(R) landfill gas upgrading units, separate methane from oxygen and nitrogen….
Comms Group acquires onPlatinum for upto $18 million
SYDNEY, AUSTRALIA: Comms Group Limited (ASX: CCG) has acquired onGroup Holdings Pty Ltd (“onPlatinum”) to strengthens Group’s position in the corporate mid-market, expanding the company’s footprint into the QLD market. onPlatinum is purchased for an initial consideration of $12 million and an additional out-performance earn out component up to $6 million, taking the potential maximum…
SRJ Technologies stays acquisition of STATS (UK) Limited
SYDNEY, AUSTRALIA: SRJ Technologies Group (ASX: SRJ) is temporarily delaying the A$142 million capital raise to fund the acquisition of STATS (UK) Limited and provide additional working capital for the combined group. The capital raise has been delayed as a result of significant changes to underlying market conditions in Australia and globally since the start…
Lithium Australia agrees terms to acquire final 10% of Envirostream Australia
SYDNEY, AUSTRALIA: Lithium Australia NL (ASX: LIT) currently holds a 90% interest in battery recycling entity Envirostream Australia Pty Ltd, with the remaining 10% held by Envirostream managing director Andrew Mackenzie. Indicative terms for its acquisition of the final 10% of Envirostream have been agreed, with negotiations at an advanced stage and a purchase price…
Etisalat Group appoints Mikhail Gerchuk as CEO International
ABU DHABI, UAE: Emirates Telecommunications Group Company (Etisalat Group) announced that Mr. Mikhail Gerchuk was appointed as CEO International reporting directly to Group Chief Executive Officer, effective from 1st of March 2022. Mikhail Gerchuk will be responsible for providing comprehensive direction to develop and implement the international telco strategy and the accompanying long-term plans needed…
Edenville International wins contract to operate Rukwa Coal Project in Tanzania
LONDON, UK: Edenville Energy’s subsidiary Edenville International (Tanzania) Limited (EITL) has entered into a contract with Nextgen Coalmine Limited for the operation of the company’s Rukwa Coal Project in Tanzania. The agreement is for an initial period of one year from 1 February 2022, and supersedes the Coal Mining Agreement with Infrastructure and Logistics Tanzania…
What are Digital Payments?
Digital Payments are payments that are conducted over the internet and mobile channels, technology has made it possible for anyone with a smart device to carry out transactions easily and securely, both in person and online. Any payment that is sent online or through mobile computing and internet-enabled devices can be called such a digital payment. Both…
Westpac Group reduces corporate size by 20% to reduce costs
AUCKLAND, NEW ZEALAND: Westpac Group has announced changes to simplify the bank, improve accountability and reduce costs. In 2021, Westpac established a 3-year plan to reduce its cost base to $8 billion by 2024. We are now implementing a key part of that plan: creating a smaller, more focussed head office, reducing the size of corporate functions by…