MOSCOW: NOVATEK Gas & Power Asia and Zhejiang Energy Gas Group, a subsidiary of the Zhejiang Provincial Energy Group, signed a long-term LNG sale and purchase agreement (“SPA”) for the LNG produced from the Arctic LNG 2 project. The SPA follows on from the Heads of Agreement signed by parties on 2 June 2021 during…
Establishment of anode materials production facility in GigaVaasa
LONDON, UK: Beowulf Mining’s Finnish subsidiary Grafintec Oy and Epsilon Advanced Materials Private Limited have signed a Memorandum of Understanding (MoU) with the City of Vaasa for the establishment of an anode materials production facility to be located in the GigaVaasa area, Plot 18, situated in proximity to Freyr Battery’s proposed battery cell development. The…
MPC Energy achieves financial close of 21.07MWp solar plant
OSLO, NORWAY: MPC Energy Solutions has achieved the financial close of its Santa Rosa & Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined capacity of 21.07 MWp. The financial close with local lender Banco Agrícola, a subsidiary of Bancolombia, also marks the successful conclusion of the engineering phase. Enerland Group,…
Plastic Energy & TotalEnergies sign advanced recycling project in Spain
PARIS, FRANCE: Plastic Energy and TotalEnergies will promote the development of advanced plastic recycling in Spain. Under this agreement, Plastic Energy plans to build a second advanced recycling plant in Sevilla, Spain, in addition to their existing operational plant, which will transform end-of-life plastic waste into a recycled feedstock called TACOIL using Plastic Energy’s patented…
Midwich Group acquires 65% stake in Cooper Projects for £15mn
LONDON, UK: Midwich Group, a global specialist audio visual distributor to the trade market, has acquired a controlling stake in Cooper Projects Limited, the parent company of DVS Limited, a UK based distributor of video security products. Midwich has acquired 65% of the Company’s share capital for an initial cash consideration of £8.6 million, followed by…
Content creation company Vitec Group to acquire Audix LLC
LONDON, UK: The Vitec Group, the international provider of premium branded hardware products and software solutions to the growing content creation market, has agreed to acquire Audix LLC for up to $54.3 million in cash. Completion is expected shortly. Audix designs, engineers and manufactures high performing, innovative microphones for the professional audio industry from its…
Kainos Group acquires US-based Blackline Group
LONDON, UK: Kainos Group (KNOS), a leading digital technology company and Workday services partner, has entered into an agreement to acquire and completed the acquisition of Blackline Group Inc, a private United States based company. Established in 2009 and headquartered in Washington state, Blackline Group is a specialty services firm that focuses on procurement and is an…
A Comprehensive Guide to Loans and Credits: Tips and Tricks of the Finance Market
At some point in time, you will need capital to expand your business; you need to put money in to get money out of it. You may also need a credit or a loan to cover your financial needs. However, if you take money from the wrong source, you may find yourself stuck with repayment…
Swoop buys iFibre’s dark fibre network for $1.5mn
SYDNEY, AUSTRALIA: Swoop Holdings Limited has agreed to acquire the dark fibre network assets and customers of iFibre Pty Ltd for a purchase price of $1.5 million payable in cash with $1.2 million paid on completion and $300,000 of the purchase price withheld for a period of 6 months for any potential claims and adjustments….
TechnipFMC sells 9 million Technip Energies shares for €118.4mn
PARIS, FRANCE: TechnipFMC plc announced the sale of 9 million Technip Energies N.V. shares through private sale transactions. The sale price of the shares is set at €13.15 per Share, yielding total gross proceeds of €118.4 million. Upon completion of the Sale, representing approximately 5% of Technip Energies’ issued and outstanding share capital, TechnipFMC retains…
BCAL Diagnostics appoints Dr John Hurrell as CEO
SYDNEY, AUSTRALIA: BCAL Diagnostics Limited announced the appointment of experienced life science and healthcare executive Dr John Hurrell as its Chief Executive Officer (CEO). Dr Hurrell has developed and successfully commercialized multiple products and services in life sciences and diagnostics over a career in the industry spanning more than 35 years. He has developed and…
Is CFI Worth It?- A Formal Analysis
Overview Of Corporate Finance Institute Is CFI truly worth it? Before discussing it, let’s take a glance at what exactly CFI is. CFI (Corporate Finance Institute) is a financial analyst diploma organization that empowers education and online coaching to finance-related experts and consists of courses including valuation Financial Modeling and Corporate financial cases. It provides…