Canadian uranium production company Cameco, Brookfield Renewable Partners and its institutional partners have jointly signed an agreement to acquire nuclear power company Westinghouse Electric in a deal worth $7.87bn. The US-based nuclear energy company will be bought from Brookfield Business Partners and its institutional partners. Currently, Westinghouse Electric services nearly half the nuclear power generation […]
Online retailer Amazon is set to make an investment of more than €1 billion to increase the zero-emission fleet of its electric delivery vehicles to at least 10,000 electric delivery vans and over 1,500 electric heavy goods vehicles. The investment is expected to more than double the size of the European package delivery fleet of […]
Xinjiang Goldwind Science & Technology (Goldwind) has received a contract from Masdar, Abu Dhabi Future Energy Company to supply turbines for the 500MW Zarafshan wind farm in Uzbekistan. Under the contract, the Chinese wind turbine manufacturer will deliver 111 units of GW155-4.5MW wind turbines for the Zarafshan wind project. Located in the Navoi region in […]
Siemens Mobility, in consortium with ST Engineering and Stadler, has been awarded a contract to deliver an automated signaling system for metro trains in Taiwan. Under the electrical and mechanical (E&M) turnkey contract, the consortium will deliver the Yellow Line for Kaohsiung Metro. The new Yellow Line will consist of 22 underground stations and an […]
Dubai Electricity and Water Authority (DEWA) is requesting bids from international solar power plant developers for the execution of the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park. Under the sixth phase, the world’s largest single-site solar park will add a capacity of 900MW, which will be commissioned in stages starting from […]
Plenitude, an Eni-controlled company, has inaugurated the 104.5 MW El Monte wind farm, located in the Castilla La Mancha region, Spain. Powered by 19 GE-supplied Cypress 158 wind turbines, the El Monte wind project is now fully operational. The Spanish wind farm has a capacity to generate about 300GWh per year, which is equivalent to […]
Abu Dhabi National Oil Company (ADNOC) has awarded a $1.53 billion contract to ADNOC Drilling to expand its crude oil production capacity. Under the two-year contract, ADNOC Drilling will support ADNOC’s offshore operations by providing 12 jack-up rigs and two island rigs and the associated integrated drilling services (IDS). ADNOC Drilling has delivered integrated drilling […]
Norwegian Energy Company (Noreco) has completed the final offshore lifting campaign of the Tyra Redevelopment Project, which is being taken up by the Danish Underground Consortium in the Danish North Sea. All major offshore lifts for Tyra redevelopment have been finished after Heerema Marine Contractors’ Sleipnir semi-submersible crane vessel lifted in place the two remaining […]
Investment bank Piper Sandler Companies has wrapped up the acquisition of San Francisco-based technology investment banking firm DBO Partners for undisclosed sum. Established in 2012, DBO Partners has carried out several complex merger and acquisitions (M&A) and capital raising transactions for its clients in software, security, engineering, semiconductors & infrastructure and emerging technology, among others. […]
Martin Midstream Partners has revealed the sale of its Stockton Sulfur Terminal in California to Gulf Terminals for a total sum of approximately $5.25 million. The publicly traded limited partnership intends to utilize the net proceeds from the sale of the Stockton Sulfur Terminal to reduce outstanding borrowings under the partnership’s revolving credit facility. Bob […]
