The Toshiba Corporation plans to acquire a 24% stake in Nuclear Fuel Industries (NFI) from Furukawa Electric and Sumitomo Electric Industries.
Toshiba is engaged in the development of electronics, electrical equipment and information technology, while NFI produces enriched-uranium fuel rods for nuclear power plants.
All the companies involved in the transaction are based in Japan.
Toshiba previously agreed to acquire a 52% stake in NFI in October 2017 from UK-based Westinghouse Electric through its subsidiary Toshiba Energy Systems & Solutions.
EESL EnergyPro Assets (EPAL) has acquired Edina Power for a purchase consideration of £55m ($76.95m).
EPAL is a joint venture (JV) between India-based Energy Efficiency Services (EESL) and UK-based EnergyPro Asset Management.
EPAL is involved in the provision of battery storage solutions, while Edina Power is a provider of engineering, procurement and construction (EPC) and turnkey solutions for power generation projects.
Both the companies involved in the acquisition are based in the UK.
EPAL has engaged KPMG International Cooperative, Bowline Capital Partners and Verco Advisory Services as its financial advisors for the transaction, while Edina Power has engaged Lux Nova Partners as its legal advisor.
Visionstate has agreed to purchase a 30% stake in Exceed Solar in a cash and share transaction.
Visionstate is a provider of interactive technology and software solutions, while Exceed Solar provides alternative energy applications.
Both the companies involved in the transaction are based in Canada.
The acquisition is expected to strengthen Visionstate’s technology portfolio.
Wartsila Corporation has agreed to acquire Ireland-based marine navigation solutions provider Transas Marine for €210m ($258m).
Based in Finland, Wartsila is engaged in providing technology and lifecycle solutions for the marine and energy markets.
The acquisition is expected to advance the development of Wartsila’s smart digital products.