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30.11.2021 (343 Clicks)

ENGIE and BASF sign Power Purchase Agreement for renewable Energy in Europe

ENGIE and BASF have signed a 25-year Power Purchase Agreement (PPA) for renewable energy in Europe. Under the PPA, effective as of January 1, 2022, ENGIE will provide BASF with up to 20.7 terawatt hours of renewable electricity in total throughout the term of the agreement.

30.11.2021 (373 Clicks)

Climate Action can lessen Poverty and Inequality worldwide

Climate change disproportionately affects the world’s most vulnerable populations. Not only are these effects compounding and magnify existing inequalities, but the impacts will increase in severity over time, affecting both current and future generations. A new international study shows that the redistribution of revenues from a carbon tax can promote equity and protect marginalized populations.

29.11.2021 (379 Clicks)

Queensland´s Exploration Expenditure for the September 2021 Quarter has risen by 7 %

The latest exploration data from the Australian Bureau of Statistics (ABS) is out, and it’s great news for Queensland. Exploration expenditure in the Sunshine State for the September 2021 quarter has risen by 7 percent on the previous quarter to reach $196 million.

27.11.2021 (396 Clicks)

Vanadium Key to building a sustainable Future

Vanadium is a key metal for sustainable development around the world. It is used to reduce the CO2 footprint of steelmaking and applied as electrolyte in vanadium redox flow batteries (VRFBs), which are set to play a leading role in long duration energy storage.

26.11.2021 (317 Clicks)

BAM implements new Organisation Structure to further improve Effectiveness and Growth

Effective 1 January 2022, Royal BAM Group nv will implement a new organisation structure to further improve effectiveness and access to growth opportunities.

26.11.2021 (607 Clicks)

Strabag awarded major Contract for Drinking Water Treatment Plant in Ghana

• Design & build contract for the design, delivery, erection and commissioning of a drinking water treatment plant
• Contract value of around € 70 million with term of 40 months
• Financing of project via buyer credit with export guarantee

Publicly listed construction group Strabag has been awarded a contract by Ghana Water Company Limited for the construction of a drinking water treatment plant for the twin cities of Sekondi-Takoradi. The design-and-build contract has a value of approximately € 70 million and a term of 40 months. The project is scheduled to start in February 2022, with construction and commissioning following a ten-month design phase. Strabag will then operate and maintain the plant and train the local staff during the warranty period. The new drinking water treatment plant, which replaces the old plant that has been in operation since 1961, is based on a robust and efficient state-of-the-art process technology that Strabag has already successfully implemented several times before. The plant will be able to feed 100,000 m³ of drinking water per day into the existing network.

“The Strabag Water Technologies business field, which has been successfully operating in Ghana since 2012, is strengthening its market presence with this order and paving the way as a reliable contract partner for further sustainable projects in the drinking water sector both in Ghana and throughout West Africa,” says Thomas Birtel, CEO of Strabag SE.

Financing via buyer credit with export guarantee

The project is being handled via export financing. The combined export guarantee protects against economic and political risks. It was possible to obtain this sort of financing because the project involves an export transaction with a minimum Austrian value added of 50 %.

Source: Strabag SE

                     

25.11.2021 (316 Clicks)

Fugro honoured with US Offshore Wind Industry Ventus Award

Fugro has received a Ventus Award for Advancement in Project Siting and Development from the Business Network for Offshore Wind.

25.11.2021 (287 Clicks)

Sandvik to acquire US based round Tools Manufacturer GWS Tool Group

Sandvik has signed an agreement to acquire 100% of the equity interests of the US based company GWS Tool Intermediate Holdings LLC from its beneficial owners, L Squared Capital Partners and GWS management. GWS is an established and fast growing provider of made-to-order round tools with a large exposure to the general engineering and aerospace segments. The Company will be reported in Walter, a division within the business area Sandvik Manufacturing and Machining Solutions.

25.11.2021 (317 Clicks)

Balfour Beatty hits the Jackpot at APM Project Management Awards

Balfour Beatty took home one of the top accolades at this years’ APM Project Management Awards – securing the ‘Contribution to Project Management: company or consultancy’ award.

23.11.2021 (304 Clicks)

KaMin to acquire BASF Kaolin Minerals Business

KaMin LLC, a global performance minerals company owned by IMin Partners, and BASF announced that they have entered into a definitive agreement in which KaMin will acquire the BASF kaolin minerals business. Currently, the kaolin minerals business is part of BASF's Performance Chemicals division.