Indian waste-to-energy company SAEL secures investment from Norwegian fund

Indian waste-to-energy company SAEL secures investment from Norwegian fund

Indian solar and agri waste-to-energy company SAEL will receive an equity investment of approximately INR 500 crores (NOK600 million or $60 million) from the new Norwegian Climate Investment Fund, managed by Norway’s state-owned Norfund. The renewable energy company will use the proceeds to generate 3GW of clean energy using crop stubble as fuel. The investment […]

Dynamic Group acquires specialist water well drilling company Welldrill

Dynamic Group acquires specialist water well drilling company Welldrill

Dynamic Group Holdings, an Australian provider of specialized drilling services, has closed the previously announced AUD 19 million acquisition of Welldrill, a Perth-based specialist water well drilling company. Welldrill was acquired from its founder Peter Chegwidden, who established the company in 2000. The company’s clients include BHP, OZ Minerals, the Western Australia government, and the […]