Browsing Tag
British International Investment
7 posts
Scatec completes $590m Obelisk solar-storage project as Egypt becomes its next 4GW growth test
Scatec has completed the 1.125GW Obelisk solar project and its 100MW/200MWh battery system in Egypt, converting a $590 million construction programme into 25 years of contracted generation. The bigger question is whether the financing and ownership structure can become a repeatable template for Scatec’s much larger Egyptian pipeline.
EXL to acquire iMerit in $310m deal to deepen enterprise AI and model evaluation strategy
EXL’s $310 million iMerit acquisition strengthens its enterprise AI stack with model evaluation, reinforcement learning and foundation model expertise.
London to host Global Partnerships Conference as UK shifts development strategy
The UK will cohost the Global Partnerships Conference in London in May 2026 to reshape international development through investment-led global cooperation.
Construction begins on UK-backed Mindanao solar project in Philippines
UK-backed 99MW solar plant in Mindanao breaks ground with ₱4.49bn investment to power 82,000 homes and cut 66,000 tonnes of CO2 annually.
UK signs record Thales missile deal and £283m aid package to bolster Ukraine’s defence and recovery
UK’s £283M Ukraine support package pairs record Thales missile export deal with aid for governance, green transition, and agribusiness recovery.
UK faces criticism over $20m Myanmar ISP investment tied to surveillance
UK’s investment in Myanmar ISP Frontiir draws criticism amid claims of military-linked surveillance. Officials defend stance as scrutiny intensifies.
ONGC and NTPC set to make history with massive Ayana Renewable Power acquisition
ONGC NTPC Green Private Limited (ONGPL) has taken a significant step in India’s renewable energy landscape by acquiring…