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Lithium industry will boost freshwater recycling: Lithium mining companies are looking to recycle more freshwater as they develop direct lithium extraction (DLE) technologies, Reuters reports. DLE is a rising industry that aims to revamp the lithium extraction process so it is in line with the green energy transition. Lithium production is also essential to the […]
Author Archives: enterpriseam admin
Posted inCALENDAR
SEPTEMBER 2023 9-20 September (Saturday-Wednesday): 2023 Sustainable Development Goals Summit, New York, USA. 19-21 September (Tuesday-Thursday): World Power-to-X Summit, Marrakesh, Morocco. 26-27 September (Tuesday-Wednesday): GCC-Iraq Business Forum, Sharjah, UAE. 28 September (Thursday): International Energy Agency Critical Minerals and Clean Energy Summit, Paris, France. Chariot Limited and Total Eren’s feasibility study on a 10 GW green […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Sawiris’ backed OCI Global signs an offtake agreement with US green hydrogen developer New Fortress Energy
Good morning, wonderful people. We have a packed issue with updates from around the region this morning, but first… IT’S TODAY- The Enterprise Finance Forum is taking place today and tomorrow at the St. Regis Hotel on the Nile Corniche. This flagship forum is the latest in our must-attend series of invitation-only events, where CEOs, […]
Posted inUncategorized
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Posted inGREEN HYDROGEN
Sawiris’ backed OCI Global signs an offtake agreement with US green hydrogen developer New Fortress Energy
OCI Global inks offtake agreement in the US: Netherlands-based chemicals producer OCI Global — in which Egyptian bn’aire Nassef Sawiris owns a 38.8% stake — has signed an offtake agreement with US-based project developer New Fortress Energy (NFE) to purchase green hydrogen from NFE’s planned large-scale green ammonia plant in Texas, according to a statement […]
Posted inINVESTMENT WATCH
Mubadala-backed Infracapital co-invests in Britain’s battery storage firm Zenobe
Mubadala-backed Infracapital co-invests in British battery storage startup Zenobe: Infracapital — the infrastructure fund of British asset manager M&G backed by UAE’s Mubadala and Pantheon Infrastructure — has successfully closed a co-investment in London-based battery storage company Zenobe, according to a statement released on Thursday. The investment — which follows an initial investment by Infracapital […]
Posted inUncategorized
Posted inINVESTMENT WATCH
Emirates NBD makes second investment in Turkish climate fintech Erguvan
Emirates NBD (ENBD) has made a second investment in Turkish climate fintech startup Erguvan, according to a statement released on Thursday. No financial details on ENBD’s investment were disclosed. Erguvan secured funding via ENBD for carbon credits valued at USD 7.3 mn in a seed round last month. Where’s the money coming from? The investment […]
Posted inGREEN METHANOL
AP Moller-Maersk establish new firm to ramp up green methanol production
Maersk forms new green methanol subsidiary: Danish shipping giant AP Moller-Maersk and its parent company AP Moller Holding (APMH) have established a new company that will produce and sell green methanol to the global shipping industry, according to statements released on Thursday by the new company (here) and Egypt’s General Authority for the Suez Canal […]
Posted inM&A WATCH
Masdar eyes stakes in Turkish wind producer Fiba Yenilenebilir Enerji
Masdar wants a chunk of Turkey’s wind power potential: The UAE’s state-owned renewables player Masdar is in talks to acquire a stake in Turkey’s top wind power producer Fiba Yenilenebilir Enerji in what would mark the renewables giant’s entry into the Turkish market, Bloomberg reported on Wednesday, citing people with knowledge of the matter. The […]