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Acquisition
Power Construction
ABB Concludes Purchase of Gamesa Electric’s Power Electronics Unit Concludes Purchase of Gamesa Electric’s Power Electronics Unit
ABB has completed its acquisition of the power electronics division of Gamesa Electric from Siemens Gamesa, following the agreement announced in December 2024. …
Photovoltaic (PV)
Ecopetrol Negotiates Grenergy’s Solar PV Portfolio in Colombia
Ecopetrol has concluded negotiations with Grenergy Renovables for the acquisition of seven companies that own a total of 88.2 MWp of solar photovoltaic projects…
Floating Solar
Spanish Firm Acquires ‘Europe’s Largest’ Floating Solar Plant
Velto Renewables, a Spain-based company, has completed the acquisition of the 74.3MWp Les Ilots Blandin floating solar power plant from Q Energy, becoming the s…
Metal
Newmont’s Restructuring Impacts 16% of Jobs in the Company
Newmont (NEM.N) has completed a major restructuring process following its acquisition of Australian mining company Newcrest, affecting about 16% of its global w…
Metal
TGS Secures Multi-Year Survey Agreement With Chevron
TGS, a seismic data company listed in Oslo, and Chevron, a major U.S. energy firm, have established a three-year capacity agreement for marine streamer and ocea…
Coal-Fired Power Plants
Indian Firm Megha’s Unit Buys Coal Plant From Abu Dhabi’s Taqa
Indian company Megha Engineering & Infrastructures Ltd. (MEIL) announced on Thursday that it has acquired a thermal power plant in the southern state of Tamil N…
Italy
Epsilon Composite Acquires Cometec, Strengthens Presence in Italy
Epsilon Composite, based in Gaillan en Médoc, France, has acquired Cometec Srl, an Italian specialist in carbon fiber technical rollers located in Busto …
Egypt
Egypt’s Population, Demand for Imported Wheat Grows
Egypt's state grains buyer, Mostakbal Misr, has demonstrated strong engagement in international wheat markets, securing additional shipments over the past t…
Battery
Nala Acquires 250MW BESS Portfolio in Finland
Nala Renewables has expanded its presence in Finland’s energy storage market through the acquisition of a ready-to-build 250MW battery portfolio from Swis…
Oil Field
Vitol Seals Acquisition of 30 Percent Stake in Ivorian Field
Eni SpA, an Italy-based global energy company, has finalized a 30 percent stake sale of the Baleine field offshore Cote d'Ivoire to Vitol Group, reducing En…
United States
Ciena to Acquire Nubis Communications in $270M Deal to Boost Data Centre Play
Ciena, a global leader in networking solutions, has agreed to acquire Nubis Communications, a New Jersey-based company, for $270 million in cash. The acquisitio…
United States
US Company Buys Hexagon’s Design and Engineering Arm for €2.7bn
American software company Cadence has announced the €2.7 billion acquisition of the design and engineering branch of Sweden’s Hexagon. The deal inclu…
Gas power plant
Blackstone to Buy Pennsylvania Power Plant for About $1 Billion
Blackstone announced on Monday that it has agreed to purchase a natural gas power plant in Western Pennsylvania for nearly $1 billion. The acquisition reflects …
Metal
Red Mountain Mining Acquires 87 Claims in Utah Antimony Project
Red Mountain Mining, an exploration and development company focused on gold and critical minerals, announced the acquisition of 87 claims in the Utah Antimony P…
Photovoltaic (PV)
Nextracker Acquires Steel Solar Frame Manufacturer Origami Solar
Nextracker, a U.S.-based solar technology provider, announced that it has entered the solar panel frame market through the acquisition of Origami Solar, a domes…
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