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United States

Nokia Plans $4 Billion AI Investment in the United States

Nokia, the Finland-based telecommunications equipment provider, announced on Friday a planned investment of $4 billion in the United States, focused on research…

Power Construction

Siemens Energy to Invest $2.3 Billion in Power Grid Factories by 2028

Siemens Energy has announced plans to invest approximately 2 billion euros (equivalent to 2.3 billion U.S. dollars) in expanding and modernizing its worldwide p…

Armenia

Armenian Firm to Invest amd1.9bn in New Cement Plant

Dragsman Cement, an Armenian cement producer, has received government approval to invest AMD 1.9 billion (approximately US$5.0 million) in a new production line…

Natural Gas

Egypt Selects Hartree Partners for $4 Billion Natural Gas Deal, Deputy Secretary of State Landau Says

Egypt has chosen U.S.-based energy company Hartree Partners to supply natural gas under a framework agreement valued at approximately $4 billion, U.S. Deputy Se…

Mexico

Mexico’s ASUR Buys Motiva’s Latin American Airports in $2.2 Billion Deal

On Tuesday, Mexico’s Grupo Aeroportuario del Sureste (ASUR) signed an agreement to acquire the airport portfolio of Brazilian infrastructure operator Moti…

Coal-Fired Power Plants

EU Approves $2 Billion Subsidy for German Coal Exit

On Tuesday, the European Commission approved a €1.75 billion (about US $2.03 billion) compensation payment from Germany to Lausitz Energie Kraftwerke AG (L…

Nuclear Reactor

US Loans Constellation $1 Billion for Three Mile Island Reactor Reboot

The Trump administration announced on Tuesday that it has provided a $1 billion loan to Constellation Energy Corp to restart its nuclear reactor at a Pennsylvan…

United Arab Emirates

$46.3 Billion UAE Infrastructure Investment

The UAE plans to invest $46.3 billion in transport infrastructure development through 2030, aiming to enhance traffic flow, reduce congestion, and support growi…

Gas power plant

TotalEnergies to Buy 50% of EPH’s Power Assets for $5.9bn

TotalEnergies announced a major step in its gas-to-power integration strategy with an agreement to acquire 50% of EPH’s flexible power generation platform…

France

EDF, OpCore to Develop 4-Billion-Euro Data Centre in France

French utility EDF and OpCore, a joint venture formed by telecoms group Iliad and InfraVia Capital Partners, announced on Monday that they have entered into exc…

Coal-Fired Power Plants

Adani to Invest $7.17bn in Two Energy Projects in Assam, India

Adani Group has committed Rs630 billion, equivalent to $7.17 billion, toward two significant energy initiatives in Assam, a state in northeastern India. These d…

Uranium Project

Urenco Signs Uranium Deal With EDF

Urenco has entered a long-term agreement with EDF to provide uranium enrichment services for nuclear power plants in France and the UK. The 15-year contract, va…

China

COFCO Has Signed Multi-Billion Dollar Deals to Purchase Brazilian Soybeans and Edible Oils

COFCO’s oilseeds division announced the signing of agreements to acquire nearly 20 million tonnes of Brazilian agricultural products, including soybeans, …

Australia

La Trobe Launches $3.26bn Master Plan for University City Initiative

La Trobe University has unveiled a A$5 billion ($3.26 billion) master plan to transform its 255-hectare Bundoora campus in Melbourne’s northern suburbs. T…

South Korea

Lotte Chemical Sells 75% Stake in Pakistani Subsidiary for $69 Million

South Korea’s Lotte Chemical said on Thursday that it has sold about 75% of its stake in its Pakistani subsidiary to Dubai-based PTA Global Holding for 98…