Finance-Investment News

RWE Acquires Substantial UK Solar Project

SOURCE: RWE | 23 April 2014

RWE Supply & Trading today announces acquisition of “Kencot Hill Solar Farm”. The 37 MWp ground-mounted solar PV project will be one of the largest in the UK and is located on a disused airfield in Oxfordshire, England.

Aker Solutions And Baker Hughes Form Subsea Production Alliance

SOURCE: Aker Solutions | 22 April 2014

Aker Solutions ASA (OSE:AKSO) and Baker Hughes Incorporated (NYSE:BHI) have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields.

Reliance JIO And ATC India Sign Tower-Infra Sharing Pact

SOURCE: Reliance Industries Limited | 21 April 2014

Reliance Jio Infocomm Limited (“Reliance Jio”) and ATC India, one of the leading independent tower companies in India, today signed a tower sharing agreement.

Total Launches The Development Of Kaombo, An Ultra-Deep Offshore Project

SOURCE: Total | 14 April 2014

Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. With a production capacity of 230,000 barrels per day, Kaombo will develop estimated reserves of 650 million barrels.

Bouygues Construction, Partner Of Solar Decathlon Europe 2014

SOURCE: Bouygues | 09 April 2014

Bouygues Construction is a partner of Solar Decathlon Europe 2014, the competition that challenges teams from universities and graduate schools around the world to design and build a real, functional home that is entirely solar powered.

Bechtel And Engineers Without Borders-UK Partner For Unique Internship Competition

SOURCE: Bechtel | 09 April 2014

Bechtel, the global engineering, construction and project management company, and Engineers Without Borders-UK are joining together for a unique internship competition. It offers students the chance to win a paid, four-week internship at Bechtel that includes time at an active project location. The ‘Building Africa through infrastructure’ competition is designed for undergraduate and postgraduate students interested in careers in infrastructure, engineering and construction.

ThyssenKrupp MillServices & Systems Takes Over The Operations Of The Duisburg-Based Schaumann Company

SOURCE: ThyssenKrupp | 03 April 2014

ThyssenKrupp MillServices & Systems GmbH has again expanded its range of services on the site of the Duisburg steel mill of ThyssenKrupp Steel Europe. As from April 1, 2014, these experts in steel mill-related services are taking over the entire operations of the Duisburg-based competitor Schaumann. This includes all the 44 employees working there.

Solvay Completes Acquisition Of ERCA Industrial Assets In Brazil To Double Surfactant Production Capacity

SOURCE: Solvay | 03 April 2014

Solvay has completed the acquisition of the specialty chemical assets of ERCA Química, Ltda. in Brazil, enabling the Group to more than double its surfactant production capacity in the country and to expand its access to one of the world's largest personal care and agrochemicals markets.

Wood Group Buys Canadian Pipeline Engineering Company

SOURCE: John Wood Group | 01 April 2014

Wood Group has acquired Sunstone Projects Ltd. ("Sunstone") of Calgary, Alberta, Canada for C$14.5 million. Sunstone is a pipeline consulting company providing engineering, procurement and construction management (EPCM) services to clients in the Canadian oil & gas industry.

RWE Offshore Wind Farm Attracts New Investor

SOURCE: RWE | 31 March 2014

RWE Innogy has today agreed terms for the sale of a 10% share in its Gwynt y Môr offshore wind farm with the UK Green Investment Bank. RWE Innogy will generate £220m of new capital as a result of the sale, which will be reinvested into other renewable energy projects within its extensive portfolio.