Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW), has completed the sale of its Danish subsidiary, Babcock & Wilcox Renewable Service A/S (BWRS), to Hitachi Zosen Inova AG (HZI) based in Zurich, Switzerland. The transaction, finalized on June 28, 2024, was valued at $87 million, subject to customary fees and adjustments. BWRS, a key player […]
Switzerland-based VARO Energy is set to acquire Renewable Energy Services BV (RES), one of Europe’s leading biogas trading companies, in a move to strengthen its position in the burgeoning European biogas market. The purchase of Renewable Energy Services, coupled with VARO Energy’s recent acquisition of an 80% stake in Bio Energy Coeverden (BEC), bolsters the […]
