Connection

popular articles

Germany Invests EUR 588 Million in Green Hydrogen Development with Canada and Australia
Benin: TGS launches seismic operations to boost offshore oil exploration
Turkey Launches Hydrocarbon Exploration Mission in Somalia
Sonatrach plans refinery and petrochemical complex in Niger
Canada Faces Climate Challenges: Hydropower Under Pressure

Schneider Electric completes acquisition of EcoAct after Atos pulls out

Schneider Electric acquiert EcoAct
  • [favorite_button]

Please share:

Schneider Electric has successfully completed the acquisition of EcoAct, a company specializing in the climate sector. EcoAct specializes in climate consulting, the calculation of corporate carbon footprints and the scientific evaluation of carbon offset projects.

 

Expanded portfolio for Schneider Electric

 

This acquisition marks an important turning point for Schneider Electric, which is seeking to strengthen its commitment to sustainable development and respond to global climate challenges. Schneider Electric will now integrate EcoAct’s portfolio of products and services, including consulting services, climate data tools and the development of carbon offset projects, into its activities.

Steve Wilhite, President of Schneider Electric’s Sustainability Consulting Services business, expressed his satisfaction with the acquisition, saying, “We have long admired the EcoAct team. We look forward to accelerating our solutions for businesses, offering real added value for the climate and for our customers.”

 

Acquisition after Atos Rout

 

After the collapse of its former owner, Atos, Schneider Electric finalized the acquisition. The two companies had entered into exclusive negotiations in July with a view to this acquisition, without disclosing the amount.

Schneider Electric, with sales of 34 billion euros in 2022, is a leading manufacturer of electrical distribution equipment and digital solutions combining energy and automation. The company also specializes in energy efficiency, energy management, sustainable development, climate risk and industrial decarbonization.

For its part, EcoAct generated sales of around €70 million in fiscal 2022 and employs almost 400 people. This acquisition strengthens Schneider Electric’s position as a key player in sustainable development and the fight against climate change.

 

Schneider Electric’s acquisition of EcoAct represents an important step towards a more sustainable future. This merger will combine EcoAct’s climate expertise with Schneider Electric’s capabilities, offering even more effective solutions to combat global climate challenges. This initiative demonstrates Schneider Electric’s ongoing commitment to sustainability and creating value for its customers.

Register free of charge for uninterrupted access.

Publicite

Latest news

The discovery of 96% natural hydrogen renews interest in Kansas subsurface
RWE completes 999 MW in energy projects across the US and expands presence
United States signs historic agreement for helium-3 extracted from the Moon
US crude oil inventories fall by 2 million barrels
Poland grants $320mn to Ascend Elements for battery materials plant

Recently published in

RWE completes 999 MW in energy projects across the US and expands presence

German group RWE has commissioned six new energy projects in the US, reaching a combined capacity of 999 MW across wind, solar and battery storage technologies.
Veolia takes full control of WTS in a $1.75 billion deal
Veolia acquires full ownership of Water Technologies and Solutions by purchasing the 30% stake held by CDPQ, further consolidating its growth strategy focused on industrial water technologies.
en_1140290946540-3
Veolia takes full control of WTS in a $1.75 billion deal
Veolia acquires full ownership of Water Technologies and Solutions by purchasing the 30% stake held by CDPQ, further consolidating its growth strategy focused on industrial water technologies.
en_1140290946540-3
Legrand posts 12.3% increase driven by data centre demand
Legrand reaffirms its annual targets after strong first-quarter growth driven by the expansion of data centres and solid commercial performance in the United States.
Le siege de l'entreprise Legrand a Limoges (87)
Legrand posts 12.3% increase driven by data centre demand
Legrand reaffirms its annual targets after strong first-quarter growth driven by the expansion of data centres and solid commercial performance in the United States.
Le siege de l'entreprise Legrand a Limoges (87)
Aker BP reaches $3.2bn in Q1 2025 revenue and confirms growth strategy
Oil company Aker BP maintained stable production and strengthened its cash position in Q1 2025 while advancing key projects and new discoveries in the Norwegian Sea.
en_1140290954540-2
Aker BP reaches $3.2bn in Q1 2025 revenue and confirms growth strategy
Oil company Aker BP maintained stable production and strengthened its cash position in Q1 2025 while advancing key projects and new discoveries in the Norwegian Sea.
en_1140290954540-2

Exterra raises CA$20mn to industrialise mining residue transformation in Québec

Québec-based Exterra Solutions Carbone closes a CA$20mn Series A round to build the world’s largest asbestos residue treatment plant and expand its technologies internationally.
Marathon Petroleum posts $74mn net loss in Q1 2025
Marathon Petroleum reported a net loss in Q1 2025 due to a major maintenance programme, while its midstream unit supported results with an 8% rise in adjusted EBITDA.
en_1140290961540-2
Marathon Petroleum posts $74mn net loss in Q1 2025
Marathon Petroleum reported a net loss in Q1 2025 due to a major maintenance programme, while its midstream unit supported results with an 8% rise in adjusted EBITDA.
en_1140290961540-2
Euronext launches three indices to strengthen defence and energy financing
Stock exchange operator Euronext unveils thematic indices to channel capital into Europe's strategic energy, defence and aerospace sectors.
en_1140290956540-2
Euronext launches three indices to strengthen defence and energy financing
Stock exchange operator Euronext unveils thematic indices to channel capital into Europe's strategic energy, defence and aerospace sectors.
en_1140290956540-2
Sunoco acquires Parkland for $9.1bn and creates new listed entity SUNCorp
US distributor Sunoco will acquire Canada's Parkland for $9.1bn, including debt, in a mixed transaction and form a separate listed entity, SUNCorp, whose shares will be treated as corporate stock for tax purposes.
en_1140290945540
Sunoco acquires Parkland for $9.1bn and creates new listed entity SUNCorp
US distributor Sunoco will acquire Canada's Parkland for $9.1bn, including debt, in a mixed transaction and form a separate listed entity, SUNCorp, whose shares will be treated as corporate stock for tax purposes.
en_1140290945540

Shell appoints Colette Hirstius as head of US operations

Shell announced the appointment of Colette Hirstius as President of Shell USA starting August 1, succeeding Gretchen Watkins after seven years in the role.
ADNOC Gas exceeds expectations with $1.27bn net profit in first quarter
Emirati producer ADNOC Gas recorded a 7% increase in net profit in Q1 2025, driven by sustained domestic demand and efficient operational management.
en_1140290947540
ADNOC Gas exceeds expectations with $1.27bn net profit in first quarter
Emirati producer ADNOC Gas recorded a 7% increase in net profit in Q1 2025, driven by sustained domestic demand and efficient operational management.
en_1140290947540
ExxonMobil reports 6% drop in quarterly profit despite increased synergies
Falling refining margins and weaker oil prices weighed on ExxonMobil’s Q1 results, while the group now expects $3bn in annual synergies from its acquisition of Pioneer.
en_1140290963540
ExxonMobil reports 6% drop in quarterly profit despite increased synergies
Falling refining margins and weaker oil prices weighed on ExxonMobil’s Q1 results, while the group now expects $3bn in annual synergies from its acquisition of Pioneer.
en_1140290963540
Innergex shareholders approve 99.86% vote for full acquisition by CDPQ
Innergex shareholders validated the company’s full acquisition by Caisse de dépôt et placement du Québec for a total amount close to $1.8bn, pending final judicial and regulatory approvals.
en_1140290972540-2
Innergex shareholders approve 99.86% vote for full acquisition by CDPQ
Innergex shareholders validated the company’s full acquisition by Caisse de dépôt et placement du Québec for a total amount close to $1.8bn, pending final judicial and regulatory approvals.
en_1140290972540-2

Chevron sees net profit drop 36% in Q1 2025

Chevron reports a sharp decline in quarterly results, impacted by weak refining margins, stable production and exceptional charges in the United States and the United Kingdom.
Shell posts net profit of $4.8bn in Q1 2025 despite falling oil prices
Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.
en_1140290968540-2
Shell posts net profit of $4.8bn in Q1 2025 despite falling oil prices
Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.
en_1140290968540-2
TC Energy invests CA$2.4bn in nuclear and natural gas
TC Energy is committing CA$2.4bn to two major projects in North America, targeting rising energy demand and the long-term value of regulated assets.
en_1140290965540
TC Energy invests CA$2.4bn in nuclear and natural gas
TC Energy is committing CA$2.4bn to two major projects in North America, targeting rising energy demand and the long-term value of regulated assets.
en_1140290965540
Air Products posts $1.7bn net loss and exits three US projects
Air Products reports a substantial loss in Q2 of fiscal 2025, driven by charges tied to a strategic review of its US project portfolio.
en_1140290967540
Air Products posts $1.7bn net loss and exits three US projects
Air Products reports a substantial loss in Q2 of fiscal 2025, driven by charges tied to a strategic review of its US project portfolio.
en_1140290967540

Prospera Energy increases revenue by 38% and strengthens financial positioning

Prospera Energy closed fiscal year 2024 with a notable increase in revenue and a strategic reorganisation of its assets, while reinforcing its performance on the financial market.
Voltalia records 15% increase in production despite price pressure
Voltalia’s revenue rose by 2% in the first quarter of 2025, driven by third-party services, while energy production reached 1.1 terawatt-hours due to improved resources in Brazil.
en_1140290982540
Voltalia records 15% increase in production despite price pressure
Voltalia’s revenue rose by 2% in the first quarter of 2025, driven by third-party services, while energy production reached 1.1 terawatt-hours due to improved resources in Brazil.
en_1140290982540
Brookfield Infrastructure secures $1.6bn through targeted asset sales in 2025
Brookfield Infrastructure raised $1.6bn in the first quarter of 2025 by completing multiple asset sales while reporting a 5% increase in funds from operations.
en_1140290979540
Brookfield Infrastructure secures $1.6bn through targeted asset sales in 2025
Brookfield Infrastructure raised $1.6bn in the first quarter of 2025 by completing multiple asset sales while reporting a 5% increase in funds from operations.
en_1140290979540
Maxeon restructures operations after 55% annual revenue drop
Facing a U.S. import ban and a sharp sales decline, Maxeon Solar Technologies is now focusing its efforts on the American market.
en_1140290981540
Maxeon restructures operations after 55% annual revenue drop
Facing a U.S. import ban and a sharp sales decline, Maxeon Solar Technologies is now focusing its efforts on the American market.
en_1140290981540

Iberdrola posts 27% drop in quarterly profit following exceptional asset sale

Spanish group Iberdrola saw its net profit fall in the first quarter despite a moderate revenue increase, impacted by an unfavourable base effect linked to the 2024 asset sale in Mexico.
Exeltium resumes negotiations with EDF to secure power supply agreement
The Exeltium consortium, composed of 24 electro-intensive industrial firms, seeks to finalise a new power supply deal with EDF before summer to succeed the original Exeltium 1 agreement.
en_1140290943540-13-2
Exeltium resumes negotiations with EDF to secure power supply agreement
The Exeltium consortium, composed of 24 electro-intensive industrial firms, seeks to finalise a new power supply deal with EDF before summer to succeed the original Exeltium 1 agreement.
en_1140290943540-13-2
Atlantic Petroleum cuts DKK90mn in debt and returns to profit in 2024
Atlantic Petroleum signed a conditional agreement to reduce its debt by at least DKK90mn ($12.8mn), while posting a modest net profit of DKK1.4mn marks a return to financial balance.
en_1140290953540-17
Atlantic Petroleum cuts DKK90mn in debt and returns to profit in 2024
Atlantic Petroleum signed a conditional agreement to reduce its debt by at least DKK90mn ($12.8mn), while posting a modest net profit of DKK1.4mn marks a return to financial balance.
en_1140290953540-17
Neoenergia sells 50% of Itabapoana Transmission to GIC for $24.8mn
Neoenergia sells 50% of the Itabapoana Transmission asset to GIC for $24.8mn, integrating the assets into their joint holding company without changing their shareholding structure.
en_1140290956540-15
Neoenergia sells 50% of Itabapoana Transmission to GIC for $24.8mn
Neoenergia sells 50% of the Itabapoana Transmission asset to GIC for $24.8mn, integrating the assets into their joint holding company without changing their shareholding structure.
en_1140290956540-15

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS