Lorie Hernandez Barry

Axess Group signs strategic agreement with ARO Drilling in Saudi Arabia

Axess Group has signed a memorandum of understanding with ARO Drilling to deliver asset integrity management services across its fleet, integrating digital technologies to optimise operations.

Eskom forecasts $937 million profit for 2026 fiscal year

South African state utility Eskom expects a second consecutive year of profit, supported by tariff increases, lower debt levels and improved operations.

Equans launches new entity for industries with complex processes

Equans Process Solutions brings together its expertise to support highly technical industrial sectors with an integrated offer covering the entire project lifecycle in France and abroad.
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Zenith Energy shifts focus between Tunisian arbitration and Italian solar assets

Zenith Energy centres its strategy on a $572.65mn ICSID claim against Tunisia, an Italian solar portfolio and uranium permits, amid financial strain and reliance on capital markets.

Kamoa-Kakula mine in DRC targets 347 MW in electricity demand by 2028

Ivanhoe Mines expects a 67% increase in electricity consumption at its copper mine in DRC, supported by new hydroelectric, solar and imported supply sources.

Q ENERGY France and AMRF sign agreement to accelerate rural electrification

Q ENERGY France and the Association of Rural Mayors of France have entered a strategic partnership to develop local electrification and support France's energy sovereignty through rural territories.
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ACWA Power and Aramco secure $8.2bn financing for 15 GW renewable projects

ACWA Power, Badeel and SAPCO have secured $8.2bn in financing to develop seven solar and wind power plants with a combined capacity of 15 GW in Saudi Arabia, under the national programme overseen by the Ministry of Energy.

Hydro-Québec posts $2.83bn net income driven by electricity exports

Hydro-Québec reports a 29% increase in net income over nine months in 2025, supported by a profitable export strategy and financial gains from an asset sale.

Antin plans to sell Idex, valued up to €4 bn, by 2026

Antin Infrastructure Partners is preparing to sell Idex in early 2026, with four North American funds competing for a strategic asset in the European district heating market.
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EDF considers selling its US renewables to finance domestic nuclear programme

EDF could sell up to 100% of its US renewables unit, valued at nearly €4bn ($4.35bn), to focus on French nuclear projects amid rising debt and growing political uncertainty in the United States.

Hydro to close five European extrusion sites to strengthen competitiveness

Norsk Hydro plans to shut down five extrusion plants in Europe in 2026, impacting 730 employees, as part of a restructuring aimed at improving profitability in a pressured market.

Dalkia wins control of Paris district heating network in €15bn, 25-year deal

The City of Paris has awarded Dalkia the concession for its urban heating network, a €15bn contract, ousting long-time operator Engie after a five-year process.
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NU E Power finalises acquisition of 500 MW in assets and appoints new CEO

NU E Power Corp. completed the purchase of 500 MW in energy assets from ACT Mid Market Ltd. and appointed Broderick Gunning as Chief Executive Officer, marking a new strategic phase for the company.

BB Energy restructures Houston operations and cuts oil trading staff

Commodities trader BB Energy has cut over a dozen jobs in Houston and will shift some administrative roles to Europe as part of a strategic reorganisation.

Ferrari signs ten-year contract with Shell for green electricity supply

Ferrari has entered into an agreement with Shell for the supply of 650 GWh of renewable electricity until 2034, covering nearly half of the energy needs of its Maranello site.
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Iberdrola reshapes its portfolio to become a leader in transatlantic regulated networks

By divesting assets in Mexico, France and Eastern Europe, Iberdrola reduces exposure to non-strategic markets to strengthen its positions in regulated networks in the United Kingdom, the United States and Brazil, following a targeted capital reallocation strategy.

Iberdrola launches a public offer to acquire 100% of Neoenergia in Brazil

Iberdrola offers to buy the remaining 16.2% of Neoenergia for 32.5 BRL per share, valuing the transaction at approximately €1.03bn to simplify its Brazilian subsidiary’s structure.

Paratus receives $38mn payment in Mexico through government fund

Paratus Energy Services collected $38mn via its subsidiary Fontis Energy for overdue invoices in Mexico, supported by a public fund aimed at stabilising supplier payments.
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CrossBoundary Energy raises $200mn with Standard Bank and MIGA guarantee for industrial projects in Africa

CrossBoundary Energy secures a $200mn multi-project debt facility, backed by Standard Bank and a $495mn MIGA guarantee, to supply solar and storage solutions for industrial and mining clients across up to 20 African countries.

Mercuria raises $2.3bn to strengthen its energy presence in Asia

Mercuria finalises an Asian syndicated loan refinancing with a 35% increase from 2024, consolidating its strategic position in the region.