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Ardian takes control of Akuo to accelerate its strategy in renewable energy
Investment firm Ardian has completed the acquisition of renewable energy producer Akuo, active in photovoltaics, wind and storage, with stated ambitions for international expansion and increased capacity.
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Ardian takes control of Akuo to accelerate its strategy in renewable energy
Investment firm Ardian has completed the acquisition of renewable energy producer Akuo, active in photovoltaics, wind and storage, with stated ambitions for international expansion and increased capacity.
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Shell expands cost-cutting plan to reach up to USD 7 bn by 2028
Shell aims to increase its cost reductions to USD 7 billion by 2028, leveraging artificial intelligence and targeted restructurings in its chemical divisions.
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Shell expands cost-cutting plan to reach up to USD 7 bn by 2028
Shell aims to increase its cost reductions to USD 7 billion by 2028, leveraging artificial intelligence and targeted restructurings in its chemical divisions.
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Global energy demand surged by 2.2% in 2024, driven by electricity
Global energy consumption growth doubled in 2024 compared to its ten-year average, fuelled by rising electricity use in advanced and emerging economies, according to a report by the International Energy Agency.
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Global energy demand surged by 2.2% in 2024, driven by electricity
Global energy consumption growth doubled in 2024 compared to its ten-year average, fuelled by rising electricity use in advanced and emerging economies, according to a report by the International Energy Agency.
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Crowley and Naturgy launch LNG supply between the United States and Puerto Rico
Crowley, in partnership with Naturgy, has launched LNG transport to Puerto Rico, bypassing restrictions imposed by the Jones Act to meet the island's energy demand.
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Crowley and Naturgy launch LNG supply between the United States and Puerto Rico
Crowley, in partnership with Naturgy, has launched LNG transport to Puerto Rico, bypassing restrictions imposed by the Jones Act to meet the island's energy demand.
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Abastible signs a long-term renewable energy purchase agreement with Zelestra in Chile
Abastible, a Chilean company specializing in liquefied gas and electricity, has signed a power purchase agreement with Zelestra. This hybrid project combines 220 MWdc of solar energy and 1 GWh of battery storage to support night-time energy supply.
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Abastible signs a long-term renewable energy purchase agreement with Zelestra in Chile
Abastible, a Chilean company specializing in liquefied gas and electricity, has signed a power purchase agreement with Zelestra. This hybrid project combines 220 MWdc of solar energy and 1 GWh of battery storage to support night-time energy supply.
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Brookfield finalises the acquisition of Neoen and becomes the majority shareholder
Brookfield has completed the acquisition of 97.73% of Neoen, a French renewable energy producer, and has initiated the process to withdraw the company from the Paris Stock Exchange.
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Brookfield finalises the acquisition of Neoen and becomes the majority shareholder
Brookfield has completed the acquisition of 97.73% of Neoen, a French renewable energy producer, and has initiated the process to withdraw the company from the Paris Stock Exchange.
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Octopus Energy invests in four new renewable energy projects in France
Octopus Energy Generation announces four new investments in renewable energy in France, bringing the total capacity of its assets in the country to over 500 MW, with a target of one billion euros invested by 2025.
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Octopus Energy invests in four new renewable energy projects in France
Octopus Energy Generation announces four new investments in renewable energy in France, bringing the total capacity of its assets in the country to over 500 MW, with a target of one billion euros invested by 2025.
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Nexans sells its industrial division Lynxeo to Latour Capital for 525 million euros
Nexans has announced that it has entered into exclusive negotiations with the investment fund Latour Capital for the sale of Lynxeo, its industrial cable division, for an amount of 525 million euros. This transaction is part of the group’s strategy to focus on electrification.
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Nexans sells its industrial division Lynxeo to Latour Capital for 525 million euros
Nexans has announced that it has entered into exclusive negotiations with the investment fund Latour Capital for the sale of Lynxeo, its industrial cable division, for an amount of 525 million euros. This transaction is part of the group’s strategy to focus on electrification.
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France: Carester launches rare earth recycling plant in Lacq with €216 mn funding
Lyon-based company Carester has begun construction of a rare earth recycling and refining plant in Lacq, Pyrénées-Atlantiques, after securing €216 million in funding from the French government and Japanese partners. The site, named Caremag, is set to begin operations by the end of 2026.
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France: Carester launches rare earth recycling plant in Lacq with €216 mn funding
Lyon-based company Carester has begun construction of a rare earth recycling and refining plant in Lacq, Pyrénées-Atlantiques, after securing €216 million in funding from the French government and Japanese partners. The site, named Caremag, is set to begin operations by the end of 2026.
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France: uncertainties and challenges in industrial transformation at Fos-sur-Mer
In Fos-sur-Mer, the transformation of the industrial-port zone into a low-carbon industrial hub raises both ambitions and questions. Despite announced investments, challenges related to infrastructure, energy, and timelines remain significant.
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France: uncertainties and challenges in industrial transformation at Fos-sur-Mer
In Fos-sur-Mer, the transformation of the industrial-port zone into a low-carbon industrial hub raises both ambitions and questions. Despite announced investments, challenges related to infrastructure, energy, and timelines remain significant.
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Ecopetrol launches a market maker program to improve the liquidity of its shares
Ecopetrol S.A. has initiated a market maker program in collaboration with Andes Investment Group Inc. and Valores Bancolombia S.A. Comisionista de Bolsa, aiming to improve trading conditions and the liquidity of its shares on the Colombian Stock Exchange.
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Ecopetrol launches a market maker program to improve the liquidity of its shares
Ecopetrol S.A. has initiated a market maker program in collaboration with Andes Investment Group Inc. and Valores Bancolombia S.A. Comisionista de Bolsa, aiming to improve trading conditions and the liquidity of its shares on the Colombian Stock Exchange.
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TotalEnergies vs NGOs: Frequent Accusations, Rarely Convicted
TotalEnergies faces multiple lawsuits initiated by international NGOs over environmental and social issues related to its global projects. While several cases remain ongoing, the majority have been dismissed or dropped by the courts, questioning their legitimacy.
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TotalEnergies vs NGOs: Frequent Accusations, Rarely Convicted
TotalEnergies faces multiple lawsuits initiated by international NGOs over environmental and social issues related to its global projects. While several cases remain ongoing, the majority have been dismissed or dropped by the courts, questioning their legitimacy.
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Enel doubles its net profit to €7 billion in 2024 despite falling energy prices
Enel doubled its net profit to €7 billion in 2024, despite the decline in electricity and gas prices. The company also reduced its net debt through asset disposals and implemented a strategy focused on profitability.
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Enel doubles its net profit to €7 billion in 2024 despite falling energy prices
Enel doubled its net profit to €7 billion in 2024, despite the decline in electricity and gas prices. The company also reduced its net debt through asset disposals and implemented a strategy focused on profitability.
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US data centre capacity exceeds 92 GW by the end of 2024, according to Wood Mackenzie
US data centre capacity surpassed 92 GW by the end of 2024, with a significant rise in investments and larger projects, driven by the increasing demand for artificial intelligence (AI).
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US data centre capacity exceeds 92 GW by the end of 2024, according to Wood Mackenzie
US data centre capacity surpassed 92 GW by the end of 2024, with a significant rise in investments and larger projects, driven by the increasing demand for artificial intelligence (AI).
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Viridien raises $925 million to refinance its debt
Viridien S.A. has completed a $925 million senior secured bond issuance to refinance its second-lien debt and strengthen its liquidity profile. Rating agencies have upgraded their assessments following this transaction.
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Viridien raises $925 million to refinance its debt
Viridien S.A. has completed a $925 million senior secured bond issuance to refinance its second-lien debt and strengthen its liquidity profile. Rating agencies have upgraded their assessments following this transaction.
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JSW Energy acquires KSK Mahanadi Power for $1.93 billion
JSW Energy has completed the acquisition of KSK Mahanadi Power Company Limited for $1.93 billion, adding 1,800 MW to its operational capacity and bringing its total capacity beyond 10 GW.
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JSW Energy acquires KSK Mahanadi Power for $1.93 billion
JSW Energy has completed the acquisition of KSK Mahanadi Power Company Limited for $1.93 billion, adding 1,800 MW to its operational capacity and bringing its total capacity beyond 10 GW.
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Velto Renewables and Q ENERGY join forces to acquire 530 MW in Europe
Velto Renewables, backed by Caisse de dépôt et placement du Québec (CDPQ), and Q ENERGY have signed an agreement to acquire renewable energy projects in Europe. An initial portfolio of 130 MW has been acquired in France, with an additional 400 MW planned in Spain and Portugal.
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Velto Renewables and Q ENERGY join forces to acquire 530 MW in Europe
Velto Renewables, backed by Caisse de dépôt et placement du Québec (CDPQ), and Q ENERGY have signed an agreement to acquire renewable energy projects in Europe. An initial portfolio of 130 MW has been acquired in France, with an additional 400 MW planned in Spain and Portugal.
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Getlink’s net profit drops by 5% in 2024, impacted by competition and ElecLink suspension
In 2024, Getlink reported a 5% drop in net profit, reaching €317 million. This decline is attributed to the temporary suspension of its ElecLink cross-Channel cable and the growing competition from ferries.
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Getlink’s net profit drops by 5% in 2024, impacted by competition and ElecLink suspension
In 2024, Getlink reported a 5% drop in net profit, reaching €317 million. This decline is attributed to the temporary suspension of its ElecLink cross-Channel cable and the growing competition from ferries.
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Baker Hughes and Woodside Energy announce partnership to develop small-scale decarbonisation technology
Baker Hughes and Woodside Energy have signed an agreement to develop a low-carbon energy production solution using the NET Power platform, targeting the energy and industrial sectors at small scale.
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Baker Hughes and Woodside Energy announce partnership to develop small-scale decarbonisation technology
Baker Hughes and Woodside Energy have signed an agreement to develop a low-carbon energy production solution using the NET Power platform, targeting the energy and industrial sectors at small scale.
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Vaalco Energy secures $300 million revolving credit facility
Vaalco Energy, Inc. has announced the signing of a new $300 million revolving credit facility with The Standard Bank of South Africa Limited, aimed at supporting its growth projects and investments across its African assets.
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Vaalco Energy secures $300 million revolving credit facility
Vaalco Energy, Inc. has announced the signing of a new $300 million revolving credit facility with The Standard Bank of South Africa Limited, aimed at supporting its growth projects and investments across its African assets.
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Public companies emit more CO2 than private firms, according to a study
State-owned companies, such as Saudi Aramco, are responsible for more CO2 emissions than private firms like Shell or ExxonMobil, according to a study by the British think tank InfluenceMap.
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Public companies emit more CO2 than private firms, according to a study
State-owned companies, such as Saudi Aramco, are responsible for more CO2 emissions than private firms like Shell or ExxonMobil, according to a study by the British think tank InfluenceMap.
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Con Edison launches public offering of 6.3 million common shares
Consolidated Edison announces the sale of 6.3 million common shares via Barclays, with proceeds intended to support its capital needs and other business purposes.
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Con Edison launches public offering of 6.3 million common shares
Consolidated Edison announces the sale of 6.3 million common shares via Barclays, with proceeds intended to support its capital needs and other business purposes.
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Eco Wave Power Reports Improved Financial Performance and Significant Progress in Global Projects
Eco Wave Power shows notable financial progress for 2024, with reduced operating expenses and a strengthened cash position. The company continues its international expansion with key projects in Israel, the United States, Portugal, and Asia.
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Eco Wave Power Reports Improved Financial Performance and Significant Progress in Global Projects
Eco Wave Power shows notable financial progress for 2024, with reduced operating expenses and a strengthened cash position. The company continues its international expansion with key projects in Israel, the United States, Portugal, and Asia.
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ABB invests $120 million in two US factories to meet data centre demand
Industrial group ABB announces a $120 million investment in two new US factories aimed at boosting production capacity to meet the strong demand from data centres.
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ABB invests $120 million in two US factories to meet data centre demand
Industrial group ABB announces a $120 million investment in two new US factories aimed at boosting production capacity to meet the strong demand from data centres.
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La Caixa acquires 5% stake in Veolia, becoming strategic investor
Spanish banking group La Caixa takes a 5% stake in Veolia, becoming a strategic investor in the French environmental services giant. The collaboration aims to support Veolia's development plan.
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La Caixa acquires 5% stake in Veolia, becoming strategic investor
Spanish banking group La Caixa takes a 5% stake in Veolia, becoming a strategic investor in the French environmental services giant. The collaboration aims to support Veolia's development plan.
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Eni and PETRONAS announce joint venture project to create a major player in Southeast Asia
Eni and PETRONAS partner to create a joint venture in the energy sector, combining their assets in Indonesia and Malaysia to form a strategic player with reserves estimated at 3 billion barrels of oil equivalent.
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Eni and PETRONAS announce joint venture project to create a major player in Southeast Asia
Eni and PETRONAS partner to create a joint venture in the energy sector, combining their assets in Indonesia and Malaysia to form a strategic player with reserves estimated at 3 billion barrels of oil equivalent.
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