PARIS: In line with its renewables business model, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the completion of the sale of 50% of a 270 MW wind and solar portfolio in France to investment funds managed by Eiffel investment Group. This transaction values the portfolio at €265 million. Following this transaction, TotalEnergies retains a 50% stake…
PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement with insurance vehicles and accounts managed by KKR, a leading global investment firm, for the sale of 50% of a 1.4 GW solar portfolio in North America. This transaction – which aligns with TotalEnergies’ renewables business model – values the portfolio at an enterprise value…
LONDON: Africa-focused energy company Chariot (AIM: CHAR) on Thursday reported its unaudited interim results for the six months ended June 30, 2025, unveiling a strategic pivot to split its operations into two standalone business units: Upstream Oil & Gas and Renewable Power. CEO Adonis Pouroulis said the company had “emerged from a challenging period”…
NEW YORK: Dow Jones has acquired Eco-Movement, a leading global platform for EV charging station data. Eco-Movement will operate as part of OPIS, Dow Jones’s growing energy business. Headquartered in Utrecht, Netherlands, Eco-Movement is a leading charge point data platform. The company collects, optimizes and enriches EV charging station data, and has built an extensive…
PARIS: TotalEnergies and QatarEnergy have officially launched the final two components of Iraq’s $10 billion Gas Growth Integrated Project (GGIP), marking a major milestone in the country’s energy transformation. Patrick Pouyanné, Chairman and CEO of TotalEnergies, and Saad Sherida Al-Kaabi, Qatari Minister of State for Energy Affairs and CEO of QatarEnergy, met with Iraqi…
SYDNEY: Engineering and asset management firm Verbrec Ltd. (ASX: VBC) said Tuesday it has agreed to sell its registered training organization, Competency Training Pty Ltd, to RelyOn Australia Pty Ltd for A$11.5 million in cash. The deal, subject to customary conditions including approval from the Foreign Investment Review Board, will see all staff, facilities…
SYDNEY: Australian engineering and mining services firm NRW Holdings Ltd (ASX:NWH) said on Tuesday it will acquire Fredon Industries Pty Ltd for up to A$200 million, adding a fourth strategic pillar to its operations and expanding its footprint in electrical, mechanical, infrastructure and technology services. The acquisition, structured as a debt-free, cash-free transaction, will…
Company reported profit of A$3.8 million for FY2025, up from A$2.0 million the previous year SYDNE: Engineering services firm Verbrec Ltd. (ASX: VBC) has posted its strongest financial performance in over a decade, reporting a comprehensive profit of A$3.8 million for FY2025, up from A$2.0 million the previous year. The company also reinstated its…
LONDON: Technologies New Energy plc (LSE: TNE), a UK-based energy transition company, said on Thursday it has acquired Diverfuel S.A., the developer of a digital platform for clean fuel and green chemical production, as part of its strategy to enhance industrial decarbonisation. The Diverfuel Platform is a scalable SaaS/PaaS middleware solution that integrates IoT…
LONDON: Hydropulse, the newly launched build-own-operate subsidiary of ITM Power plc, has entered into a strategic partnership with ABO Energy, a global renewable energy developer, to fast-track green hydrogen projects across Europe. The collaboration aims to combine ABO Energy’s industrial offtaker network and international development pipeline with Hydropulse’s modular hydrogen production capabilities, powered by…