In a groundbreaking move that could dramatically shift India’s renewable energy landscape, NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has entered into a monumental Joint Venture Agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. (MAHAPREIT). This powerful partnership aims to spearhead the development of a staggering 10 […]
Alcoa Inc. (NYSE: AA, ASX: AAI) has entered into a binding share purchase and subscription agreement with Saudi Arabian Mining Company (Ma’aden) to sell its entire 25.1% ownership stake in their joint venture for approximately $1.1 billion. This deal includes approximately 86 million Ma’aden shares, valued at $950 million based on the volume-weighted average share […]
Cal-Maine Foods, Inc. (NASDAQ: CALM), an American producer and distributor of fresh shell eggs, has completed a significant strategic investment in Crepini LLC, a notable innovator in the egg-based products sector. This investment forms a new joint venture named Crepini Foods LLC, marking a pivotal expansion in Cal-Maine’s product portfolio and market presence. Investment Details […]
Wardwizard Innovations & Mobility Limited (WIML), a leading name in the electric vehicle (EV) industry, has recently made headlines by securing a Letter of Intent (LOI) from His Royal Highness Prince Abdulaziz Bin Turki Bin Talal Bin Abdulaziz Al Saud. This significant endorsement marks the beginning of a strategic joint venture in Saudi Arabia, reflecting […]
T-Mobile (NASDAQ: TMUS), recognised as America’s leading 5G provider and fastest-growing fixed wireless broadband operator, has announced a landmark joint venture (JV) with global investment firm KKR (NYSE: KKR). This definitive agreement will see the acquisition of Metronet, including its extensive broadband infrastructure, rapidly expanding residential fiber operations, and existing customer base. As part of […]
In a landmark collaboration, Energy Transfer LP and Sunoco LP have unveiled a joint venture that brings together their extensive crude oil and produced water gathering assets in the Permian Basin. While the deal value remains undisclosed, the ownership structure is clearly defined, with Energy Transfer holding a 67.5% majority stake and Sunoco possessing the […]
In a significant development for both Nex Metals Explorations Ltd (ASX: NME) and Metalicity Ltd (ASX: MCT), the companies have announced the successful completion of their Kookynie and Yundamindra Joint Venture (JV). This strategic move marks the resolution of prior disputes and the finalization of the JV, positioning both companies for enhanced opportunities in exploration […]
In a significant move to foster sustainable energy solutions, IndianOil, branded as the ‘Energy of India’, has teamed up with GPS Renewables Private Limited, a leading biofuel company, to form a joint venture (JV). This 50:50 partnership aims to promote the adoption of biofuels across India, focusing particularly on the production of Compressed Biogas (CBG) […]
Intel Corporation (Nasdaq: INTC) and Apollo (NYSE: APO) have recently announced a definitive agreement in which Apollo-managed funds and affiliates will invest $11 billion to acquire a 49% equity stake in a new joint venture (JV) entity related to Intel’s Fab 34. This collaboration marks Intel’s second engagement in the Semiconductor Co-Investment Program (SCIP), enhancing […]
Alien Metals (AIM: UFO), a company renowned for its focus on mineral exploration, has announced a promising joint venture with Errawarra Resources Ltd (ASX: ERW) to develop the lithium potential of the Pinderi Hills Project in Western Australia. This collaboration marks a strategic move to enhance lithium exploration while allowing Alien Metals to continue its […]