Connecticut-based Aquarion Company, the owner of Aquarion Water Company, has agreed to acquire New England Service Company (NESC) for $44.9 per share in an all-stock deal. New England Service Company, which is based in Plainville, Connecticut, is mainly involved in the operation, management, and financing of water systems and other associated activities. Formed in 1997 […]
Iyuno-SDI Group, a localization services provider for the media and entertainment sectors, has bagged an investment of $160 million from SoftBank Vision Fund 2. The company said that the investment gives it the required resources for supporting its objective of transforming the localization industry. With the investment, SoftBank Vision Fund 2 will be one of […]
Indonesia and Japan will collaborate on a study on carbon capture and storage (CCS) and utilization of carbon dioxide for producing clean fuel ammonia in Central Sulawesi, as per an announcement made in March 2021. In this connection, a memorandum of understanding (MOU) has been signed by Japanese entities – Japan Oil, Gas and Metals […]
Civica, a software provider for public services, has signed a £10 million contract in March 2021 with the Greater Manchester Mental Health NHS Foundation Trust (GMMH) for upgrading its electronic patient record provision (EPR). According to the eight-year contract, the NHS trust will deploy Civica’s Health & Care EPR cloud product suite, consisting of Cito, […]
Orex Minerals and Pan American Silver will form a joint venture for the further exploration and development of the Sandra-Escobar Project in Durango State, Mexico, as per an announcement on 2 March, 2021. Pan American Silver will be represented by its subsidiary Plata Panamericana in the joint venture called Empresa Minera Sandra-Escobar. Orex Minerals and […]
Vestas has won a turbine supply contract from DTEK Renewables for the 126MW Tiligulska wind power project in Ukraine, as announced by the company on 1 March 2021. The Danish wind turbine manufacturer said that the Tiligulska wind farm marks the first order for its EnVentus turbine technology platform in the Eastern Europe region. Construction […]
Duke Energy Renewables’ largest wind farm in its portfolio – the 350MW Frontier II wind farm in Oklahoma has begun commercial operations, as announced by the company on 16 March 2021. The wind farm, located in Kay County, is an expansion of the 200MW Frontier Windpower project, that has been operating since 2016. The Frontier […]
WEC Energy Group’s subsidiaries – We Energies and Wisconsin Public Service are going forward with their plans for the Darien Solar Energy Center, a 325MW solar and battery storage project to be developed with an investment of $446 million. Contingent on its approval, the solar and battery storage project in Wisconsin will consist of 250MW […]
Vysus Group (previously Lloyd’s Register Energy) announced in February, that it had won a contract from Norwegian oil industry company Aibel to support the upgrade and electrification of Oseberg oil field, operated by Equinor, offshore Norway. In this regard, the engineering and technical consultancy firm, will be conducting multiple safety studies, ranging from hazard identification […]
Energy technology company Baker Hughes and Akastor, a Norwegian oil-services investment company, have agreed to create a joint venture company for offering global offshore drilling solutions. The 50:50 joint venture will combine the subsea drilling systems (SDS) business of Baker Hughes with MHWirth, a wholly-owned subsidiary of Akastor. According to Baker Hughes, the joint venture […]