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Latest Company news Update
Renewable power developer Atlantis Resources is considering acquisitions...
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Meridian Energy agrees to buy hydro, invests in wind and solar
Meridian Energy Australia has confirmed it has entered into an agreement to purchase three hydro power stations from Trustpower for A$168 million, while signing three Power...
GE and Cube Hydro Partners in North American hydro deal
GE Renewable Energy’s Hydro businesses and Cube Hydro Partners, LLC, a portfolio company of I Squared Capital, have joined forces in a bid to expand hydropower production across...
Mott MacDonald and China Gezhouba Corp in collaboration agreement
Mott MacDonald and China Gezhouba International Engineering Corporation have signed global strategic collaboration and framework agreements that will see the firms work together to...
Velcan sells Sukarama hydro project, Indonesia
Velcan has completed the sale of its 7MW Sukarame hydropower project in South Sumatera to an Indonesian Independent Power Producer.
Stantec completes integration of MWH UK
Stantec has announced the integration of MWH UK and MWH Treatment into the business, in a move that will help establish the firm as a major player in the UK infrastructure market as...
Multiconsult approved as verifier of green bonds
Norwegian engineering consultancy firm Multiconsult has been approved as an independent verifier of green bonds under the Climate Bonds Standard.
Fortum takes stake in wave energy company Seabased
Fortum has acquired a minority stake in Swedish wave energy developer Seabased, the firm has announced.
SMEC parent group buys Robert Bird Group
Surbana Jurong Group, parent company of engineering firm SMEC, has acquired Robert Bird Group (RBG), with the deal described as deepening SMEC’s urban development capabilities and...
I Squared Capital acquires Latin American hydro assets
I Squared Capital, through its ISQ Global Infrastructure Fund II, has agreed to buy the Latin American and Caribbean businesses of Inkia Energy Limited, a wholly-owned subsidiary of...
Hull Street Energy buys US hydro facilities
Hull Street Energy LLC is to become the new owner of nine hydropower facilities in New Hampshire, US, after agreeing an $83 million deal with Eversource.
Engie raises hydro capacity in Brazil following auction win
Engie has won the concessions to operate the 424MW Jaguara and 408MW Miranda hydropower plants in Brazil, raising its installed hydro capacity from 10,290MW to 11,122MW.
Alterra refinances to fund hydro build
Alterra Power Corp is to execute US$133 million refinancing of the corporate loans at its Icelandic subsidiary, HS Orka hf, with part of the proceeds to be used to fund construction...
Enel wins hydro tender in Brazil auction
Enel, through its subsidiary Enel Brasil, has won a 30 year concession for the 380MW Volta Grande hydropower station in Brazil in an auction organised by the Brazilian...
Statkraft and Norfund in hydro share swap
Statkraft and Norfund have announced they will swap shares in their jointly owned international hydropower assets in a deal closed at the end of September.
ABB to acquire GE Industrial Solutions
ABB has announced it is to acquire GE Industrial Solutions, GE’s global electrification solutions business, in a deal valued at $2.6 billion.
Schaller to succeed Lienhard at Voith
Stephen Schaller has been confirmed as the successor to Voith’s long-standing President and CEO, Dr. Hubert Lienhard, upon his retirement in 2018.
FirstEnergy in revised agreement for sale of hydro, gas assets
FirstEnergy Corp has entered into a revised agreement for the sale of 1615MW of competitive natural gas and hydroelectric generation assets located in Pennsylvania and Virginia to...
HOBAS and Amiantit Europe join forces
The European business activities of the Wietersdorfer subsidiary HOBAS and Amiantit Europe (includinfFLOWTITE Technology) have officially merged, following the approval of the...
Genex in agreement with Powerlink Queensland to progess Kidston project
Genex Power Limited has entered into a Binding Heads of Agreement with Powerlink Queensland to progress a range of key activities which are critical to the connection of Genex’s Stage...
Nova Scotia Power investing in hydro upgrade
Canadian utility Nova Scotia Power has announced it is investing almost $4 million in upgrades to its 49-year old Lequille hydroelectric system on the Allain River in Annapolis Valley.