Globeleq acquires 48.3% of Egypt’s 25MW Winnergy solar plant

M&A WATCH-

Globeleq acquires Winnergy solar plant: The UK’s Globeleq has acquired a 48.3% equity stake in the 25 MWp Winnergy solar PV plant in Egypt from Enerray, according to a statement. Globeleq will be partnering with Gila Altawakol Electric, the plant's co-shareholder and operations and maintenance contractor. The plant is located next to Globeleq’s 66 MWp ARC solar plant at the Benban Solar complex.

EMISSIONS-

Bapco receives bids for GHG consulting contract: Bahrain's Bapco Energies has received bids from eight firms for a consultancy contract to enhance its greenhouse gas (GHG) management and reporting practices, according to the RFP details posted on the Bahrain Tender Board website. The selected consultant will be responsible for conducting a gap analysis of existing GHG inventories for Bapco's various operational divisions, updating these inventories, and consolidating them into a comprehensive report. The consultancy contract also includes training approximately 50 personnel across Bapco Energies and its subsidiaries on GHG data collection and reporting practices. The bids, which were opened on Monday, range from BHD 19k to BHD 54k.

CONSTRUCTION-

Partanna deploys carbon-negative concrete in Saudi: Chemical manufacturing company Partanna has completed a test run of its carbon-negative concrete technology at Saudi Readymix's facility in Jeddah, according to a statement. The test demonstrated seamless integration of Partanna's binder with Saudi Readymix's aggregate, producing concrete blocks without traditional Portland Cement, the main cementitious component of foamed concrete. The blocks met the Saudi standards (SASO) after third-party testing by ACES. Partanna's technology can be easily integrated into existing concrete plants, according to the statement.