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Invest
Energy Investment
EU Bank Acquires 25% Stake in Romanian Gas Company
The European Bank for Reconstruction and Development is strengthening energy security in Moldova with the acquisition of a 25% stake in Vestmoldtransgaz.
Crude Oil
Angola Aims to Ramp up Oil Production
Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2…
Market Analysis
South Africa Sees Worst Power Cuts on Record in 2020, Research Shows
The power cuts by ailing state utility Eskom are one of the biggest challenges facing President Cyril Ramaphosa as he tries to revive investor confidence in Afr…
Power Construction
Belgian Startup Ampacimon Raises €4 Million for its Power Grid Monitoring tech
Belgian startup Ampacimon, whose sensor technology is making power grids more flexible and efficient, has closed a €4 million investment round, with Korys acti…
Nuclear Power Plant
Rosatom to Fabricate REMIX Fuel at Siberian Chemical Combine
The Investment Committee of Russia's Rosatom has approved a project to modernise the experimental shop-floor for nuclear fuel fabrication at the Siberian Chemic…
Energy Investment
Aveva to Acquire Digital Company OSIsoft for $5bn
Industrial software company AVEVA is to acquire US digital solutions firm OSIsoft for $5bn.
Energy Investment
Actis to Acquire Green Energy Projects from ReNew Power in India
UK-based private equity firm Actis has reportedly started talks to acquire more than 550MW capacity of green energy projects from Indian company ReNew Power.
Power Construction
Enel Romania Investing EUR 100 Million in Electricity Network Modernization in 2020
Enel Romania’s power distribution companies will invest about EUR 100 million during 2020 in electricity network modernization in the capital Bucharest and the…
Energy Investment
KEPCO KPS to Acquire Manikaran’s Stressed Power Assets in India
Korea Electric Power Corporation KPS has reportedly planned to acquire and operate stressed power plants from Manikaran Power in India.
Wind Farm
Amazon to Invest in 115MW Wind Facility in Ireland
Digital giant Amazon has planned to expand its renewable energy sourcing capacity in Ireland by investing in a new 115MW wind farm project in Ardderroo, Galway.
Hydropower Plant
Umeme to Use $9m for Electricity Disposal from Siti 2’s Hydropower Plant in Uganda
The Ugandan company Umeme will invest 34 billion Ugandan shillings for the discharge of electricity from the Siti II hydropower plant in the east of the country…
Energy Investment
South Korea’s Renewables Investments to Top $46bn By 2030
South Korea’s renewables investments are expected to exceed $46 billion by 2030.
Energy Investment
Japan Steps up Renewables Investment to Beat 2030 Target
Japan will invest more than $100bn in wind and solar generation before 2030.
Energy Investment
Brazil's Omega Geração Buys Stake in EDF Renewables Wind Farms
It added that it was in talks to buy additional wind farms with 265 MW in capacity and has until December to make an offer.
Thermal Coal
South Korea Urged to Follow Japanese Lead on Coal Finance Ban
South Korea has been castigated by environmentalists and international investors for failing to follow Japan in slashing funding for coal power overseas.
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