Masdar to Acquire Saeta from Brookfield for $1.4 Billion
Masdar, announced the proposed acquisition of Saeta Yield (“Saeta”) from Brookfield Renewable, together with its institutional partners (“Brookfield”), for an implied enterprise value of c....
Category : Energy
Sobha Group Launches Sobha Energy Solutions
Sobha Energy Solutions is a new business division to revolutionize cooling services Sobha Group, a global real estate company, has entered a new business vertical...
Mubadala Energy Expands Andaman Sea Position
Mubadala Energy, the Abu Dhabi headquartered international energy company, has today announced two significant milestones in its Andaman exploration activities. The company together with Harbour...
DUBAL Completes Rooftop Solar Power Generation Project
DUBAL Extrusion Investment (DEI), a wholly owned subsidiary of DUBAL Holding (DH), successfully completed the rooftop solar power generation project (phase I) at OSE Industries,...
Masdar and Infinity Power Sign Agreement for 200MW Wind Farm
The UAE’s clean energy powerhouse, Masdar, and Infinity Power, have officially signed a Power Purchase Agreement PPA with the Egyptian Electricity Transmission Company (EETC) to...
ADNOC Distribution Records Double-digit Growth in Q2 2024
ADNOC Distribution, today announced its financial results for the second quarter of 2024. The Company reports a 15.0% YoY increase to $267 million in Q2...
ADNOC, G42 and Presight Partner to Accelerate AI Solutions for the Energy Sector
ADNOC, G42 and Presight AI Holding PLC (‘Presight’), an ADX publicly listed company, announced a new shareholding structure for AIQ. Under the agreement, Artificial Intelligence...
Huawei Launches Intelligent Distribution Solution (IDS)
Will help accelerate Electric Power Intelligence Last week at MWC 2024, electric power customers and leaders from international organizations gathered to discuss the latest practices...
MRDS Group Set for Robust YoY Growth in 2023 Q4
MRDS Group, a project management, inspection, repair, and overhaul services provider for oilfield drilling and marine equipment, is on track to experience significant year-on-year growth...