GE Vernova to divest Proficy software business to TPG for $600m
GE Vernova has entered into a binding agreement to divest its Proficy manufacturing software business to alternative asset management company TPG for…
Power
-
-
Iberdrola to increase stake in Brazilian utility Neoenergia to 84%
Iberdrola has agreed to acquire an additional 30.29% stake in Neoenergia, a Brazilian energy distributor. The Spanish utility will buy…
-
Power being restored in Cuba following nationwide blackout
Cuba's National Electric Union has reported that power restoration efforts are underway after a nationwide blackout on the island. The…
-
Mitsubishi Electric to take full ownership of Nozomi Networks in $883m deal
Mitsubishi Electric is set to fully acquire Nozomi Networks, a US-based provider of operational technology security solutions, in a deal…
-
Mitsubishi Power to supply gas turbines to O Mon 4 Power Plant in Vietnam
Mitsubishi Power, a division of Mitsubishi Heavy Industries, has secured a contract to supply two M701JAC gas turbines to the…
-
Mitsubishi Power secures $5.2bn gas turbine power plant contract in Taiwan
Mitsubishi Power, a division of Mitsubishi Heavy Industries (MHI), has secured a contract for a gas turbine combined cycle (GTCC)…
-
Elmya Energy and Atlantica Sustainable Infrastructure form renewable energy JV
Elmya Energy and Atlantica Sustainable Infrastructure have established a joint venture (JV), Elmantic, to bring 4GW of utility-scale renewable energy…
-
Hitachi Energy to invest over $1bn in US grid expansion
Hitachi Energy is set to invest more than $1bn to expand electrical grid infrastructure manufacturing capabilities in the US. The…
-
WEF report urges investment in Southern Africa’s critical minerals
The World Economic Forum (WEF), in collaboration with the Development Bank of Southern Africa (DBSA) and McKinsey & Company, has…
-
Hut 8 secures five-year power contracts in Ontario, Canada
Hut 8 has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO) for 310MW of power generation…
