OCTOBER 2023 24-26 October (Thursday-Saturday): Future Investment Initiative, Riyadh, KSA. 25-26 October (Friday-Saturday): Offshore & Floating Wind Europe 2023, London, United Kingdom. 25-27 October (Wednesday - Friday): International Fair of Energy Transition, Tunis, Tunisia. 29 October-2 November (Sunday-Thursday): Cairo Water Week, Cairo, Egypt 29 -31 October (Sunday-Tuesday): Egypt Energy Conference, Egypt International Exhibition Centre, Cairo, […]
Author Archives: enterpriseam admin
TODAY: Is Actis days away from presenting a final offer for Egypt’s Gabal El Zeit wind farm?
Good morning, nice people. The news cycle has picked up as the week comes to a close, with big news from Egypt and KSA’s Acwa Power. Let’s jump right in. THE BIG CLIMATE STORY- UK private equity giant Actis is expected to submit a binding offer to acquire the state-owned 580 MW Gabal El Zeit […]
This publication is proudly sponsored by
Actis to put in final offer for Egypt’s Gabal El Zeit wind farm within days, source says
Is an final offer for Egypt’s Gabal El Zeit imminent? UK private equity giant Actis is expected to submit a binding offer to acquire the state-owned 580 MW Gabal El Zeit wind farm within “the coming days” after wrapping up its due diligence, a source at the Electricity Ministry told Enterprise. Actis’ offer values the […]
Acwa Power inks seven cooperation agreements with China + a roadmap agreement with Azerbaijan
Acwa Power makes a splash at the Belt and Road Initiative: Tadawul-listed renewables giant Acwa Power has signed seven cooperation agreements in solar, green hydrogen, and water desalination projects with Chinese firms during the third Belt and Road Forum in Beijing, according to a company statement. The agreements were signed with one of China’s largest […]
UAE’s national carrier Emirates signs MENA’s largest SAF offtake agreement
Emirates inks SAF supply agreement: The UAE’s national carrier Emirates has signed an offtake agreement with Finnish oil refining firm Neste for 3 mn gallons of blended sustainable aviation fuel (SAF) to fuel upcoming flights from Amsterdam’s Schiphol and Singapore’s Changi airports, according to a statement. More details: The agreement — which Emirates says is […]
UAE’s Multiply Group is exploring the acquisition of an undisclosed stake in a Turkish waste management and renewables company
UAE's Multiply eyes stake in Turkey's Biotrend: Abu Dhabi's investment holding company Multiply Group is in discussions to acquire an undisclosed stake in Turkish waste management and renewables firm Biotrend, Bloomberg reports, citing people with knowledge of the matter. The size and value of the acquisition are still under discussion, the sources say. What does […]
Engie appoints Tomaz Guadagnin managing director for flexible generation and retail in AMEA
Engie appoints new regional managing director: Global energy conglomerate Engie has appointed Tomaz Guadagnin (LinkedIn) as Managing Director for Flexible Generation and Retail in AMEA and country head for the GCC and Pakistan at Engie, according to a statement. Guadagnin will help Engie strengthen its position as a low-carbon energy leader, the statement notes. He […]
UAE Veggitech seeks funding for expansion plans
AGRITECH- UAE Veggitech seeks funding for expansion plans: UAE-based agritech company Veggitech is considering expanding its hydroponic farming operations into Jeddah, where its majority shareholder Snasco Holding is headquartered, company CFO Rami Nairat told Zawya Projects in an interview. “We are in the study phase and are looking at investments between AED 15 to 20 […]