Continued investment in wind assisted propulsion, next-generation fuels and digital solutions key to moving the world’s goods more sustainably GENEVA–(BUSINESS WIRE)–Jan. 15, 2025 Cargill is advancing a new era in sustainable shipping, putting innovation and collaboration at the core of its mission to move goods responsibly across the globe. Through wind-assisted propulsion technologies, dual-fuel methanol-powered […]
Category: Energy
Perma-Pipe International Holdings Inc. Announces $43 Million Contract Award in the Middle East Region
SPRING, Texas–(BUSINESS WIRE)–Jan. 10, 2025 Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced it has received a formal letter of award for a development project located in the GCC region. Perma-Pipe will provide thermal insulation, anti-corrosion coatings, and other services from its Abu Dhabi facility. Project commencement is expected to begin in the third quarter […]
Perma-Pipe International Holdings Inc. Announces Third Quarter Financial Results
The Company generated net sales of $41.6 million for the quarter and $113.4 million year-to-date Income before income taxes of $5.1 million for the quarter and $13.2 million year-to-date Backlog of $114.2 million at October 31, 2024, compared to $68.5 million at January 31, 2024 SPRING, Texas–(BUSINESS WIRE)–Dec. 24, 2024 Perma-Pipe International Holdings, Inc. (NASDAQ: […]
Black & Veatch Promotes Sustainable Water Management Practices at the International Mining and Resources Conference (IMARC) 2024
SYDNEY–(BUSINESS WIRE)–Nov. 12, 2024 Asia Pacific’s mining industry can accelerate the adoption of more sustainable water management practices to protect freshwater resources for the local community while ensuring a more resilient and reliable water future, says Black & Veatch, a global leader in critical human infrastructure solutions. For example in Australia, national science agency CSIRO […]
Perma-Pipe International Holdings Inc. Announces $15 Million in Contract Awards in the Americas and Middle East Regions
SPRING, Texas–(BUSINESS WIRE)–Nov. 07, 2024 Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) today announced $6 million in new project awards in the MENA region. Additionally, the company announced $9 million in new project awards in the Americas, demonstrating continual improvement in the region. These new project awards will utilize Perma-Pipe’s anti-corrosion coatings capabilities and the XTRU-THERM® […]
Black & Veatch Selected as Owner’s Engineer for Combined Cycle Power Plant in East Malaysia
The power plant contributes to the Sarawak Gas Roadmap, which is critical to achieving Sarawak’s goal of doubling its economy by 2030 SARAWAK, Malaysia–(BUSINESS WIRE)–Nov. 05, 2024 Black & Veatch, a global leader in critical infrastructure solutions, has been chosen as the owner’s engineer for PETROS Power Sdn Bhd’s (PETROS Power) Miri Combined Cycle Gas […]
CRH Develops Wind Farm to Power Cement Plant in Romania
NEW YORK–(BUSINESS WIRE)–Nov. 01, 2024 CRH (NYSE: CRH), the leading provider of building materials solutions, has developed a new wind farm to provide renewable electricity to its Medgidia Cement Plant in Romania. The wind farm is the first of its kind in the country to exclusively power a cement plant. It will meet a significant […]
Hassana Investment Company and EIG Sign MoU for Strategic Collaboration on Middle East Infrastructure and Energy Transition Projects
Collaboration advances shared objectives for investment in the Kingdom of Saudi Arabia and the rest of the region with EIG’s targeted US$1 billion dedicated regional fund RIYADH, Saudi Arabia & WASHINGTON–(BUSINESS WIRE)–Oct. 31, 2024 Hassana Investment Company (Hassana) and EIG, a leading institutional investor to the global energy and infrastructure sectors, have signed a memorandum […]
TIME’s Best Inventions of 2024: Gradiant’s ForeverGone for PFAS Removal and Destruction
Recognized as the industry’s only all-in-one solution to permanently eliminate PFAS “forever chemicals” in municipal and industrial water BOSTON–(BUSINESS WIRE)–Oct. 30, 2024 Gradiant, a global leader in advanced water and wastewater treatment, today announced its ForeverGone technology has been named one of TIME’s Best Inventions of 2024. This press release features multimedia. View the full […]
EIG’s MidOcean Energy Completes Acquisition of Additional 15% Interest in Peru LNG from Hunt Oil Company
WASHINGTON–(BUSINESS WIRE)–Oct. 24, 2024 MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its previously announced agreement to acquire an additional 15% interest in Peru LNG (“PLNG”) from Hunt Oil Company […]
I Squared Announces Acquisition of Philippines Coastal Terminal in Subic Bay Philippines
MANILA, Philippines & MIAMI–(BUSINESS WIRE)–Oct. 23, 2024 I Squared Capital announced today that it has entered into an agreement to acquire Philippines Coastal Storage & Pipeline Corporation and its affiliate entities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241022531512/en/ Philippines Coastal terminal at Subic Bay. (Photo: Business Wire) Based in the Subic […]
Inkia Poised to Become the Largest Renewable Energy Producer in Peru With Transformational Expansion Plans
More than 1 GW of new solar capacity to be available by end of 2025 3+ GW pipeline, out of which over 600 MW of wind projects to be launched in 2026 By adding to its existing 2,237 MW of hydro, natural gas and BESS capacity, Inkia will secure its position as the largest and […]