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Good morning, wonderful people — and welcome to another news-heavy Monday. THE BIG CLIMATE STORY in our corner of the world- Qatar’s sovereign wealth fund could end up acquiring around 9% of European energy company RWE for EUR 2.4 bn in a debt-to-equity transaction. RWE wants to use the funding to acquire US renewable energy […]
Author Archives: enterpriseam admin
Posted inUncategorized
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Posted inM&A WATCH
Qatar makes another major investment in European renewable energy
QIA could end up acquiring around 9% of RWE for EUR 2.4 bn: Qatar’s sovereign wealth fund — Qatar Investment Authority (QIA) — invested EUR 2.4 bn in major German utilities provider RWE in a debt-to-equity swap that will eventually see QIA own 9.09% of RWE. RWE made the announcement yesterday. What’s RWE going to […]
Posted inGREEN HYDROGEN
Egypt leads MENA in green hydrogen production,
Egypt is leading MENA in terms of value of green hydrogen projects in the pipeline, with some USD 63.8 bn (or a hair over 35%) of the USD 180 bn worth of projects that have so far been announced, according to data from Middle East Business Intelligence (MEED) picked up by Kuwait’s Al Anba on […]
Posted inSOLAR
France’s Engie to bid on renewables projects in MENA
France’s Engie makes another big GCC solar play: France’s utility company Engie plans to bid on the 1.5 GW Al Ajban solar project in Abu Dhabi, Engie’s country manager for GCC and Pakistan, Frederic Claux, told The National on the sidelines of the World Green Economy Summit in Dubai last week. Emirates Water and Electricity […]
Posted inELECTRIC VEHICLES
Stellantis and Siemens partner up to accelerate MENA delivery ecosphere’s transition to EVs
Stellantis and Siemens are working to upscale EV last mile delivery infrastructure in MENA: Netherlands-headquartered automotive company Stellantis inked an MoU with Siemens to work together on the electric vehicle (EV) infrastructure needed for delivery services in MENA, a Stellantis statement said last Thursday. Who’s doing what: The agreement will see Stellantis provide electric delivery […]
Posted inUncategorized
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Posted inON YOUR WAY OUT
First electric vehicle makes its way to Dubai Police’s luxury patrol fleet
Catching the bad guys — sustainably: The Dubai Police General Command (DPGC) added the first electric vehicle to its luxury patrol fleet, WAM said yesterday. The first EV that made its way into the DPGC’s fleet is the Chinese-manufactured Hongqi E-HS9. The sports utility vehicle accelerates from 0 to 100 km/h in five seconds (for […]
Posted inCALENDAR
OCTOBER 4-5 October (Tuesday- Wednesday): Green Energy Africa, Cape Town International Convention Centre 2, South Africa. 16-21 October (Sunday-Friday): Arab Conference of Plant Protection, Le Royal Hotel, Hammamet, Tunisia. 24-26 October (Monday-Wednesday): International Exhibition of Renewable Energies Clean Energies and Sustainable Development, Centre Des Conventions Mohammed Ben Ahmed, Oran, Algeria. 24-28 October (Monday-Friday): Arab Sustainability […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: The great debate of fossil fuels vs renewables keeps going + Hurricane Ian hits Florida
Good morning, wonderful people, and happy THURSDAY. We have a packed issue for you as September draws to a close. THE BIG CLIMATE STORY in our corner of the world- It’s still KSA’s maiden green bond issuance. We already know that investors are getting calls from the investment bankers — what might appetite look like? […]