Mphanda Nkuwa Hydropower Project : EDF, TotalEnergies, and Sumitomo selected to develop 1.5GW project

Pallavi Madhiraju- December 13, 2023 0

A consortium comprising EDF (40%), TotalEnergies (30%), and Sumitomo Corporation (30%) has been selected as a strategic partner by the Government of Mozambique for the ... Read More

Rio Tinto, Sumitomo to build hydrogen plant in Gladstone for lower-carbon alumina refining

Pallavi Madhiraju- July 12, 2023 0

In an effort to reduce carbon emissions from the alumina refining process, global mining group Rio Tinto and Japan's Sumitomo Corporation have announced a partnership ... Read More

AdaniConneX secures $213m construction financing for data center expansion in India

Pallavi Madhiraju- June 24, 2023 0

AdaniConneX, a joint venture between Adani Enterprises Ltd (AEL) and EdgeConneX (ECX), has successfully secured a $213 million senior debt facility to finance its ongoing ... Read More

Goyder South Stage 1 wind farm : Neoen announces financial close

Raghuram Kadari- January 6, 2023 0

Neoen, a French renewable energy producer, has moved ahead with the first tranche of 209MW of its Goyder South Stage 1 wind farm in Australia, ... Read More

Sumitovant Biopharma to take full ownership of Myovant Sciences for $1.7bn

Pallavi Madhiraju- October 24, 2022 0

Sumitovant Biopharma, a subsidiary of Japan-based Sumitomo Pharma (previously Sumitomo Dainippon Pharma), is set to take full ownership of Myovant Sciences, an American publicly-listed biopharma ... Read More

GE, Sumitomo to develop 1.8GW power plant in Sharjah, UAE

Soujanya- February 16, 2019 0

A consortium made up of GE, Sumitomo, Shikoku Electric Power and Sharjah Asset Management (SAM) have signed an agreement to develop, build and operate what ... Read More