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Canada: Kineticor and Pembina launch joint project for an energy and data centre complex
Kineticor Asset Management and Pembina Pipeline Corporation announce a partnership to develop a major project in Alberta, combining an electricity generation plant and a data centre complex. The project aims to meet the growing demand of the local data centre industry.
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Canada: Kineticor and Pembina launch joint project for an energy and data centre complex
Kineticor Asset Management and Pembina Pipeline Corporation announce a partnership to develop a major project in Alberta, combining an electricity generation plant and a data centre complex. The project aims to meet the growing demand of the local data centre industry.
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EDP reports a 16% drop in annual profit, impacted by renewables
Portuguese group Energias de Portugal (EDP) announces a 16% decrease in its 2024 annual profit, affected by disappointing performance in its renewable energy subsidiary, particularly due to the abandonment of wind projects.
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EDP reports a 16% drop in annual profit, impacted by renewables
Portuguese group Energias de Portugal (EDP) announces a 16% decrease in its 2024 annual profit, affected by disappointing performance in its renewable energy subsidiary, particularly due to the abandonment of wind projects.
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Eni supports its shareholders while continuing its energy transition
Despite a drop in its profits in 2024, Eni confirms its strategy of energy transition and shareholder remuneration. The company plans significant investments in renewable energy and biofuel production.
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Eni supports its shareholders while continuing its energy transition
Despite a drop in its profits in 2024, Eni confirms its strategy of energy transition and shareholder remuneration. The company plans significant investments in renewable energy and biofuel production.
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Mainstream Renewable Power appoints Morten Henriksen as CEO
Mainstream Renewable Power has announced the appointment of Morten Henriksen as CEO, effective from April 1, 2025, as part of its strategy to focus on cost reduction and expansion into three key markets.
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Mainstream Renewable Power appoints Morten Henriksen as CEO
Mainstream Renewable Power has announced the appointment of Morten Henriksen as CEO, effective from April 1, 2025, as part of its strategy to focus on cost reduction and expansion into three key markets.
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Engie plans to strengthen its renewable capacity with an investment of €24bn by 2027
Engie aims to accelerate its growth through 2030 by investing in renewable energy, batteries, and electrical grids, with a target of 95 GW of installed capacity by 2030.
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Engie plans to strengthen its renewable capacity with an investment of €24bn by 2027
Engie aims to accelerate its growth through 2030 by investing in renewable energy, batteries, and electrical grids, with a target of 95 GW of installed capacity by 2030.
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Petrobras reports a $2.8 billion loss in Q4 2024
Brazil's oil giant Petrobras announced a $2.8 billion loss for Q4 2024, primarily driven by a depreciation of the real and falling oil prices. Its net profit for the full year plummeted by 70%.
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Petrobras reports a $2.8 billion loss in Q4 2024
Brazil's oil giant Petrobras announced a $2.8 billion loss for Q4 2024, primarily driven by a depreciation of the real and falling oil prices. Its net profit for the full year plummeted by 70%.
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Technip Energies reports a 31% rise in net profit driven by LNG and decarbonised electricity
In 2024, Technip Energies posted a significant increase in net profit, supported by liquefied natural gas (LNG) markets and decarbonised electricity production. The French group anticipates strong prospects for 2025.
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Technip Energies reports a 31% rise in net profit driven by LNG and decarbonised electricity
In 2024, Technip Energies posted a significant increase in net profit, supported by liquefied natural gas (LNG) markets and decarbonised electricity production. The French group anticipates strong prospects for 2025.
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Vallourec sees 2024 profit decline but announces first dividend in ten years
French pipe manufacturer Vallourec reported a 9% decline in net profit for 2024 but plans to pay a dividend of €1.50 per share, its first in ten years.
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Vallourec sees 2024 profit decline but announces first dividend in ten years
French pipe manufacturer Vallourec reported a 9% decline in net profit for 2024 but plans to pay a dividend of €1.50 per share, its first in ten years.
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Iberdrola posts record profit of €5.61 billion in 2024
Iberdrola achieved a record net profit of €5.61 billion in 2024, a 17% increase over 2022, driven by asset sales and increased investment in renewable energy.
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Iberdrola posts record profit of €5.61 billion in 2024
Iberdrola achieved a record net profit of €5.61 billion in 2024, a 17% increase over 2022, driven by asset sales and increased investment in renewable energy.
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Eni: sharp drop in profit in 2024 due to falling prices
Italian energy group Eni reports a 45% drop in net profit in 2024, reaching €2.46 billion, impacted by lower gas and oil prices. Its shares fell on the stock market after results fell short of expectations.
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Eni: sharp drop in profit in 2024 due to falling prices
Italian energy group Eni reports a 45% drop in net profit in 2024, reaching €2.46 billion, impacted by lower gas and oil prices. Its shares fell on the stock market after results fell short of expectations.
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Veolia reports a 17.1% increase in net profit in 2024
Veolia announced a 17.1% increase in net profit for 2024, reaching €1.098bn. This performance is driven by its GreenUp strategic plan, despite a decline in revenue linked to falling energy prices and divestments.
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Veolia reports a 17.1% increase in net profit in 2024
Veolia announced a 17.1% increase in net profit for 2024, reaching €1.098bn. This performance is driven by its GreenUp strategic plan, despite a decline in revenue linked to falling energy prices and divestments.
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Eni signs strategic agreements with Emirati firms in data centres, electrical interconnections, and critical minerals
During the state visit of the President of the United Arab Emirates, Sheikh Mohamed bin Zayed Al Nahyan, Eni signed three collaboration agreements with Emirati companies, focusing on data centre development, the electricity interconnection between Albania and Italy, and research on critical minerals.
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Eni signs strategic agreements with Emirati firms in data centres, electrical interconnections, and critical minerals
During the state visit of the President of the United Arab Emirates, Sheikh Mohamed bin Zayed Al Nahyan, Eni signed three collaboration agreements with Emirati companies, focusing on data centre development, the electricity interconnection between Albania and Italy, and research on critical minerals.
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Tata Power invests ₹30,000 crore in renewable energy in Assam
Tata Power has signed a memorandum of understanding with the government of Assam to develop up to 5,000 MW of renewable energy projects. This ₹30,000 crore investment aims to strengthen the state's energy infrastructure and foster local job creation.
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Tata Power invests ₹30,000 crore in renewable energy in Assam
Tata Power has signed a memorandum of understanding with the government of Assam to develop up to 5,000 MW of renewable energy projects. This ₹30,000 crore investment aims to strengthen the state's energy infrastructure and foster local job creation.
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Blackstone closes its energy transition fund at $5.6 billion
Blackstone has finalised the closing of its Blackstone Energy Transition Partners IV fund, reaching a cap of $5.6 billion, a 33% increase compared to its previous fund.
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Blackstone closes its energy transition fund at $5.6 billion
Blackstone has finalised the closing of its Blackstone Energy Transition Partners IV fund, reaching a cap of $5.6 billion, a 33% increase compared to its previous fund.
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Uniper reduces business risks and plans €2.6 billion payment
Uniper recorded adjusted EBITDA of €2.61 billion in 2024, significantly down from the previous year. The company has reduced its business risks, notably by terminating its gas supply contracts with Gazprom Export, and plans to make a €2.6 billion payment to the German state.
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Uniper reduces business risks and plans €2.6 billion payment
Uniper recorded adjusted EBITDA of €2.61 billion in 2024, significantly down from the previous year. The company has reduced its business risks, notably by terminating its gas supply contracts with Gazprom Export, and plans to make a €2.6 billion payment to the German state.
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National Grid sells its US onshore renewables assets for $1.7 bn
UK energy group National Grid has announced the sale of its US onshore renewables business to Canadian asset manager Brookfield for $1.7 bn. This move is part of its strategy to refocus on electrical networks.
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National Grid sells its US onshore renewables assets for $1.7 bn
UK energy group National Grid has announced the sale of its US onshore renewables business to Canadian asset manager Brookfield for $1.7 bn. This move is part of its strategy to refocus on electrical networks.
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ACWA Power acquires energy assets in Kuwait and Bahrain for $693 million
ACWA Power has signed an agreement to acquire stakes in power generation and water desalination assets in Kuwait and Bahrain for $693 million, further strengthening its position in the regional sector.
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ACWA Power acquires energy assets in Kuwait and Bahrain for $693 million
ACWA Power has signed an agreement to acquire stakes in power generation and water desalination assets in Kuwait and Bahrain for $693 million, further strengthening its position in the regional sector.
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BP Shifts Focus Back to Fossil Fuels Amid Investor Pressure
Under investor pressure, BP abandons its goal of increasing renewable energy production and refocuses on oil and gas to meet short-term profitability expectations.
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BP Shifts Focus Back to Fossil Fuels Amid Investor Pressure
Under investor pressure, BP abandons its goal of increasing renewable energy production and refocuses on oil and gas to meet short-term profitability expectations.
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EDF: Luc Rémont’s board mandate set to expire this summer
Luc Rémont, chairman and CEO of EDF, will see his board mandate come to an end this summer. This expiration comes as the company is engaged in negotiations with the state over the financing of its nuclear programme.
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EDF: Luc Rémont’s board mandate set to expire this summer
Luc Rémont, chairman and CEO of EDF, will see his board mandate come to an end this summer. This expiration comes as the company is engaged in negotiations with the state over the financing of its nuclear programme.
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EDF posts record €11.4 billion profit despite revenue decline
EDF recorded a net profit of €11.4 billion in 2024, driven by increased nuclear and hydropower production. Despite falling electricity prices, the utility maintains strong financial results but faces financial and strategic challenges.
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EDF posts record €11.4 billion profit despite revenue decline
EDF recorded a net profit of €11.4 billion in 2024, driven by increased nuclear and hydropower production. Despite falling electricity prices, the utility maintains strong financial results but faces financial and strategic challenges.
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Air Liquide records a net profit of €3.31 billion in 2024 #
Air Liquide has announced a 7.4% increase in its net profit for 2024, reaching €3.31 billion. Despite a 2% decline in revenue, the group is relying on improved operating margins and strategic investments to strengthen its market growth. #
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Air Liquide records a net profit of €3.31 billion in 2024 #
Air Liquide has announced a 7.4% increase in its net profit for 2024, reaching €3.31 billion. Despite a 2% decline in revenue, the group is relying on improved operating margins and strategic investments to strengthen its market growth. #
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Schneider Electric Posts Record Profits in 2024 Driven by Energy Transition and Data Centres
Schneider Electric announced exceptional financial results for 2024, driven by strong demand in energy management and data centre sectors, despite a decline in its industrial automation business.
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Schneider Electric Posts Record Profits in 2024 Driven by Energy Transition and Data Centres
Schneider Electric announced exceptional financial results for 2024, driven by strong demand in energy management and data centre sectors, despite a decline in its industrial automation business.
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Nexans Reaps the Dividends of Its Electrification Strategy
Nexans, a major player in cable production, benefits from strong demand linked to infrastructure electrification, contributing to the growth of its financial results.
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Nexans Reaps the Dividends of Its Electrification Strategy
Nexans, a major player in cable production, benefits from strong demand linked to infrastructure electrification, contributing to the growth of its financial results.
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Orano Records a Record Annual Profit
Orano reports a threefold increase in annual profit, driven by strong Japanese demand and rising uranium prices. The company benefits from a robust recovery in its uranium supply contracts.
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Orano Records a Record Annual Profit
Orano reports a threefold increase in annual profit, driven by strong Japanese demand and rising uranium prices. The company benefits from a robust recovery in its uranium supply contracts.
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Sitka Power Inc. Acquires a Renewable Energy and Energy Storage Portfolio from Saturn Power Inc.
Sitka Power Inc. announces the acquisition of multiple renewable energy and energy storage projects from Saturn Power Inc., further strengthening its position in the renewable energy sector in Alberta, amid growing demand for these technologies.
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Sitka Power Inc. Acquires a Renewable Energy and Energy Storage Portfolio from Saturn Power Inc.
Sitka Power Inc. announces the acquisition of multiple renewable energy and energy storage projects from Saturn Power Inc., further strengthening its position in the renewable energy sector in Alberta, amid growing demand for these technologies.
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Japan Adjusts Its Energy Strategy by Betting on Nuclear and Renewables
Tokyo has announced a 60% reduction in greenhouse gas emissions by 2035 compared to 2013. This ambition involves an energy transition marked by the development of renewable energies and increased reliance on nuclear power to ensure the country’s energy security.
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Japan Adjusts Its Energy Strategy by Betting on Nuclear and Renewables
Tokyo has announced a 60% reduction in greenhouse gas emissions by 2035 compared to 2013. This ambition involves an energy transition marked by the development of renewable energies and increased reliance on nuclear power to ensure the country’s energy security.
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