Solstice-DRS deal offers community solar contracts to NYSEG customers
Solar power companies Solstice Power Technologies and Delaware River Solar have reportedly signed a partnership in a bid to help the consumers of the New York State Electric and Gas Corporation. The d....
Hormel Foods sells Fremont processing facility to WholeStone Farms
Hormel Foods Corporation, a Minnesota headquartered global branded food firm, has reportedly announced to have inked a definitive contract to sell its Fremont, Nebraska-based processing unit to WholeS....
Tampa Electric to launch Balm Solar project worth USD 110 million
Tampa Electric (TECO), a renowned U.S. based energy company, has recently announced the launch of one of its four new solar projects in Hillsborough County. The project aims at providing electricity t....
Invis Energy raises EUR 130 million for a 43 MW wind energy project
Irish onshore wind company, Invis Energy has reportedly raised EUR 130 million from UK’s private equity firm Asper Investment Management and wind-energy company Craydel Group, in a bid to deve....
Diamondback Energy to acquire Energen Corporation for $9.2 billion
Diamondback Energy has reportedly announced that it is buying Alabama-based Energen Corp in an all-stock transaction worth $9.2 billion, a move that will apparently boost Diamondback’s expansion in ....
Coca-Cola challenges Gatorade, buys minority stake in BodyArmor
Beverage giant Coca-Cola has reportedly purchased a minority stake in BodyArmour, an independently owned sports drink. As per sources, the company’s aim behind the acquisition was to challenge Pepsi....
IKEA to present its first customized meatball for Australian market
IKEA has reportedly made it to the headlines in Australia for introducing a new kangaroo meatball recipe. The Swedish furnishing retailer will be serving a special limited-edition meatball known as th....
ACWA Power, Aramco & Air Products sign deal, form USD 8 billion JV
The Saudi Arabian oil company, Saudi Aramco has reportedly signed an agreement with the US-based industrial gas and chemical supplier, Air Products and Saudi’s ACWA Power. As per sources, the agreem....
Mitsui-PTT joint venture to focus on PET and PTA development
PTT Group’s chemical unit PTT Global Chemical PLCÂ (GC), and GC Group’s business unit TOC Glycol Co. Ltd. (TOCGC), are reportedly entering into a collaboration with MCI (Mitsui Chemicals Inc.). ....