Hamburger fast food chain Burger King has signed an agreement with Energias de Portugal (EDP), a Portuguese electric utility, for the installation of photo-voltaic panels in nearly 300 of its restaurants in Spain. The agreement enables the US fast food giant to generate and consume renewable energy in its facilities. The partnership with the Portuguese […]
Infosys said that it has been selected by wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE) as a strategic partner for SAP S/4HANA implementation for delivering a globally harmonized enterprise resource planning (ERP) system. According to the Indian IT services provider, the implementation of SAP S/4HANA will help Siemens Gamesa in transforming into an agile, […]
MINISO, a Chinese lifestyle product retailer, has opened a new store in Madrid, Spain, located in the heart of the Salamanca district. The store opening marked the 100th for the variety store company after raising $680 million in October 2020 in a US initial public offering (IPO) in New York. In Spain, MINISO has so […]
Mouro Capital, the recently created fintech venture capital arm of Banco Santander, announced an undisclosed investment in Spanish proptech company Clikalia as part of the latter’s Series A round. Clikalia is an online residential property platform that digitizes the process of buying and selling houses. It marks the maiden investment in a Spanish startup for […]
Caisse de dépôt et placement du Québec (CDPQ), a Canadian pension fund company, is acquiring 73 solar power plants in Spain with a total capacity of 216MW from Q-Energy, an investment and renewable energy management company. The financial terms of the deal were not revealed. The acquisition from Q-Energy’s Q-Energy III Fund marks CDPQ’s first […]
French energy giant Total is partnering with Spanish renewable energy group Ignis to develop a 3.3GW of solar power projects in Spain. Total said that the new Spanish solar power projects will be built near Madrid and Andalusia. The French oil and gas giant is expecting the first of the solar power plants will begin […]
Permira, a UK-based private equity firm, said that a company backed by its funds has agreed to acquire Neuraxpharm, a specialty pharma company focused on the treatment of the central nervous system (CNS) from funds advised by Apax Partners. Financial details of the deal were not revealed. Based in Spain and Germany, Neuraxpharm is engaged […]
Delivery Hero, a German online food ordering company, has agreed to acquire the Latin American (LATAM) operations of on-demand delivery start-up Glovo for up to €230 million. The consideration includes performance-based payment of up to €60 million. Glovo enables its users to buy, collect, and send any product or item within their city. The Spanish […]
Foresight Group, a London-based private equity investment manager, has acquired a 94MW operating windfarm portfolio in Spain from German wind farm developer wpd, for an undisclosed price. The acquisition marks the second investment made by its subsidiary Foresight Energy Infrastructure Partners (FEIP). It is also the second acquisition from wpd, the first being a 50MW […]
Fatehgarh wind project : Siemens Gamesa has bagged a contract to supply wind turbines from Adani Green Energy, an Indian renewable energy company, for its 473MW onshore wind project in Fatehgarh in the Indian state of Rajasthan. In this regard, the Spanish wind turbine manufacturer will deliver 215 of its SG 2.2-122 wind turbines, which […]