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Flower finalises German BESS portfolio consolidation with dual project closing
Business & Corporate

Flower finalises German BESS portfolio consolidation with dual project closing

Flower German Tolling has finalized its acquisition of two battery energy storage system (BESS) projects in Germany from Chint Solar Europe, incorporating 60.5 MW and 160 MWh of storage capacity to conclude a broader 112 MW portfolio expansion.

Top Stories

Government & Policy

EDC and Türk Eximbank establish framework to expand Canada-Türkiye trade finance cooperation

Export Development Canada and Türk Eximbank have signed a memorandum of understanding to support cross-border business opportunities and trade financing between Canada and Türkiye. The cooperation will focus on international markets, including Africa, the Middle East and North Africa, and Central Asia, with potential collaboration across energy, infrastructure, transportation, mining and critical minerals.




Infrastructure News

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Perbena Emas secures RM170.86 million contract for Sarawak water infrastructure expansion
WATER & SANITATION

Perbena Emas secures RM170.86 million contract for Sarawak water infrastructure expansion

Perbena Emas has landed a RM170.86 million subcontract from KKB Engineering to execute civil and structural works for water infrastructure upgrades in Samalaju under SCORE, targeting a late 2026 commencement.

Vietnamese contractor secures USD 30 million deal for Laos real estate and smart farming projects
AGRICULTURE & FARMING

Vietnamese contractor secures USD 30 million deal for Laos real estate and smart farming projects

Viet Nga Group has partnered with Laos-based Supchaleun Group to execute a nearly 30 million USD dual-development agreement in Vientiane, encompassing commercial real estate and a high-tech agricultural complex.

Defence

Global Defence News

Defence

Knowit has been selected as one of five suppliers in a Swedish Defence Materiel Administration procurement for a surface surveillance situational picture system. The company will develop technology to integrate and validate sensor data, helping Swedish Armed Forces personnel identify significant events within command-and-control systems and support operational decision-making.

Finance & Banking News

INVESTMENTS & FUNDING

European Investment Bank anchors $37.5 million in Tanmiya Capital Fund II to accelerate Egyptian private sector expansion

The European Investment Bank has committed $37.5 million to Tanmiya Capital Fund II, helping the vehicle reach a $130 million final close. This capital will target established Egyptian small and medium enterprises across healthcare, fintech, and logistics, driving private sector growth, job creation, and enhanced trade alignment with the European Union.

MERGERS & ACQUISITIONS

Arab Sea Information Systems proposes SAR 35 million exit from SeaPay through PayTabs agreement

Arab Sea Information Systems Company has signed a memorandum of understanding with PayTabs Group to sell its entire ownership interest in SeaPay, its financial services subsidiary, for SAR 35 million. The proposed divestment remains subject to due diligence, definitive contractual agreements and regulatory approvals, with no immediate financial impact from the MoU itself.

INVESTMENTS & FUNDING

CABEI expands Guatemala business credit facility to USD 38.8 million

The Central American Bank for Economic Integration (CABEI) has approved an additional USD 8.8 million for Financiera Consolidada’s global credit line in Guatemala, raising its total ceiling to USD 38.8 million. The expanded facility will support business working capital, fixed-asset purchases, trade operations and enterprises led by women.

INVESTMENTS & FUNDING

African Development Bank Group and UK Export Finance formalise joint financing framework to accelerate regional infrastructure and trade investments

The African Development Bank Group and UK Export Finance have signed a foundational Memorandum of Understanding to cofinance strategic projects across Africa. This partnership targets critical sectors including energy, digital infrastructure, and agriculture, aiming to mobilize scalable capital for the continent's sustainable economic development.

INVESTMENTS & FUNDING

EIB Group and BBVA partner on €1.3 billion financing scheme for Spain SMEs

The European Investment Bank Group (EIB) and BBVA have launched a €1.3 billion financing initiative backed by synthetic securitisation transactions. The capital aims to support liquidity, working capital, and sustainability projects for small and medium enterprises across Spain, with an emphasis on cohesion regions.

INVESTMENTS & FUNDING

AfDB expands natural capital framework across 13 sub-Saharan markets

The African Development Bank Group (AFDB) has rolled out the second phase of its multinational natural capital accounting initiative, the Mainstreaming Natural Capital in Africa's Development Finance project (NC4-ADF II), across 13 sub-Saharan African nations. The program aims to institutionalize environmental valuation within national budgeting, drive green finance, and enhance regional collaboration.

INVESTMENTS & FUNDING

EIB partners with BCC Banca Iccrea for EUR 125 million financing facility

The European Investment Bank (EIB) has finalized a EUR 125 million covered bond agreement with BCC Banca Iccrea to boost capital availability for cooperative banks. The initiative prioritizes small and mid-sized enterprises, allocating significant capital toward agricultural and bioeconomy projects in Italy.

MERGERS & ACQUISITIONS

CNP Assurances to acquire Prudential Financial insurance units in Brazil and Mexico for USD 4 billion

CNP Assurances has agreed to purchase the Brazilian and Mexican insurance operations of Prudential Financial for USD 4 billion. The transaction advances the French insurer's Latin American expansion strategy, targeting enhanced market share and diversified distribution networks across emerging economies, with completion anticipated in late 2027 pending regulatory clearance.

CONSULTANCY & ADVISORY

William Blair acquires Armentum Partners to expand debt advisory capabilities

William Blair has acquired boutique advisory firm Armentum Partners to enhance its debt and alternative capital solutions. The transaction incorporates specialized expertise in enterprise value lending, asset-based financing, and royalty monetization, strengthening the firm's foothold within the venture capital and high-growth sectors.

Resources

Global Energy & Power News

Flower finalises German BESS portfolio consolidation with dual project closing
EXCLUSIVE

Flower finalises German BESS portfolio consolidation with dual project closing

INVESTMENTS & FUNDING

LS Eco Energy allocates capital to Vietnam facility for AI infrastructure hardware expansion

LS Eco Energy plans a 65 billion won investment via its Vietnamese subsidiary to establish production facilities for ultracapacitors supporting AI data centers. The initiative targets rising global demand and aims to strengthen corporate profitability through high-value manufacturing.

Business & Corporate

LS Eco Energy allocates capital to Vietnam facility for AI infrastructure hardware expansion

LS Eco Energy plans a 65 billion won investment via its Vietnamese subsidiary to establish production facilities for ultracapacitors supporting AI data centers. The initiative targets rising global demand and aims to strengthen corporate profitability through high-value manufacturing.

LS Eco Energy allocates capital to Vietnam facility for AI infrastructure hardware expansion

Technology & AI

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Knowit joins Swedish defence surveillance programme with sensor integration system

Knowit joins Swedish defence surveillance programme with sensor integration system

Knowit has been selected as one of five suppliers in a Swedish Defence Materiel Administration procurement for a surface surveillance situational picture system. The company will develop technology to integrate and validate sensor data, helping Swedish Armed Forces personnel identify significant events within command-and-control systems and support operational decision-making.

LS Eco Energy allocates capital to Vietnam facility for AI infrastructure hardware expansion

LS Eco Energy allocates capital to Vietnam facility for AI infrastructure hardware expansion

LS Eco Energy plans a 65 billion won investment via its Vietnamese subsidiary to establish production facilities for ultracapacitors supporting AI data centers. The initiative targets rising global demand and aims to strengthen corporate profitability through high-value manufacturing.

WSM For Information Technology secures government award for 36-month software linkage system services

WSM For Information Technology secures government award for 36-month software linkage system services

WSM For Information Technology Co. has received an award letter from a government entity to provide maintenance, technical support, development and on-demand consultancy services for a software linkage system project. The 36-month engagement is valued at more than 12% of the company's 2025 annual revenue, although the exact contract amount and government entity have not been disclosed.

Alqemam for Computer Systems wins SAR 9 million IT managed services contract for Al-Baha Emirate

Alqemam for Computer Systems wins SAR 9 million IT managed services contract for Al-Baha Emirate

Alqemam for Computer Systems Co. has secured a SAR 9 million contract from the Al-Baha Region Emirate in Saudi Arabia to operate and maintain IT equipment and services and provide digital transformation managed services. The 36-month project covers the Emirate’s Diwan, governorates and administrative centers, supporting public-sector technology operations.

Transportation News

INDIA

Unimech Aerospace subsidiary secures LTA with Honeywell Aerospace for precision components

Innomech Aerospace Toolings has entered into a long-term manufacturing agreement with Honeywell Aerospace. The partnership focuses on producing precision components and assemblies for aero-engine and control system applications through late 2036.

SAUDI ARABIA

Bahri signs SAR 1.7 billion contract with IMI for construction of three very large crude carriers

Bahri has signed an approximately SAR 1.7 billion contract with International Maritime Industries Company (IMI) for the construction and delivery of three very large crude carriers, each with a capacity of 320,000 deadweight tonnes. Deliveries are planned in batches between 2029 and 2030, supporting fleet modernization and Saudi Arabia’s maritime industry development.

SAUDI ARABIA

Al Ashghal Al Moysra signs SAR 16 million customs facilities maintenance contract in Saudi Arabia

Al Ashghal Al Moysra Co. has signed a SAR 16 million contract, with the Zakat, Tax and Customs Authority of Saudi Arabia to clean, maintain and operate customs administration buildings at Jeddah Islamic Port and Rabigh. The 36-month agreement is expected to contribute positively to the company's financial performance from 2027 to 2029.

CAMBODIA; INDONESIA; MALAYSIA; PHILIPPINES; THAILAND; VIETNAM

IMO launches EUR 5.9 million Southeast Asia initiative to advance low-emission shipping

The International Maritime Organization (IMO) has launched Blue Solutions, a regional initiative backed by Germany’s International Climate Initiative (IKI) with an initial Phase 1 budget of EUR 5.9 million. Running until January 2031, the project will help six Southeast Asian countries develop port-based decarbonization measures, emissions baselines and national maritime climate action plans.

MONGOLIA

AIIB mobilises USD 130 million green financing package through Mongolia’s largest commercial bank

The Asian Infrastructure Investment Bank (AIIB) has arranged a USD 130 million green financing package with Khan Bank and participating lenders to support climate-aligned investments in Mongolia. The five-year facility combines AIIB lending, Korea Development Bank (KDB) participation and Asian B-loan funding, expanding access to local-currency and US dollar financing for eligible sustainable projects.

INDIA

Railways Minister to inaugurate new rail sections in Madhya Pradesh to expand regional connectivity

Railways Minister Ashwini Vaishnaw will inaugurate the Satna-Devendra Nagar and Rewa-Churhat rail sections in Madhya Pradesh, spanning over one hundred kilometers. The infrastructure expansion aims to enhance passenger mobility, streamline freight logistics, and stimulate economic development across the Vindhya region.

QATAR

Ashghal launches tenders for post-contract consultancy for Dhow and floating jetty at MIA

Qatar's Public Works Authority (Ashghal) has issued an international tender seeking post-contract professional consultancy services for the design and build of a Dhow jetty and floating jetty at the Museum of Islamic Art in Doha.

UNITED KINGDOM

UK rail digitalization advances as Grand Central Class 180 trains secure safety clearance

Grand Central's Class 180 fleet has secured regulatory approval for its digital signaling system fitment. This clearance enables extended operational testing on the UK rail network, advancing the broader East Coast Digital Programme toward full digital train control implementation.

INDIA

Innovision secures ₹949.73 million NHAI toll management contract for Limha Plaza

Innovision has secured a one-year toll collection and facility maintenance contract valued at ₹949.73 million from the National Highways Authority of India (NHAI). The agreement covers the Limha Fee Plaza on the Bilaspur-Pathrapali section of National Highway 130 in Chhattisgarh.

MOLDOVA; UKRAINE

EIB Group issues EUR 60 million loan to upgrade Ukrainian border infrastructure

The European Investment Bank (EIB) Group has committed a EUR 60 million loan to modernize western border crossing infrastructure in Ukraine. Backed by European Union (EU) guarantees, the initiative aims to expand transport capacity, ease logistical bottlenecks, and foster closer economic integration with neighboring European states.

INDIA

SEAMEC secures multi-million dollar vessel charter agreement with HAL Offshore for ONGC operations

SEAMEC has finalized a significant long-term charter contract valued at approximately USD 55 million for its Seamec Anant vessel. The agreement involves deployment for ONGC inspection, maintenance and repair operations over an extended duration.

FINLAND

YIT secures municipal infrastructure expansion mandate for Kupittaa Core development in Turku

YIT Corporation and the City of Turku have formalized an agreement for expanded municipal infrastructure works within the Kupittaa Core project. The initiative features significant urban layout adjustments, including the realignment of Helsinginkatu into a green urban boulevard, with execution running from October 2026 to September 2028.

EGYPT

TMG Holding expands Egypt development pipeline through EGP 11 trillion state partnership

Talaat Moustafa Group (TMG Holding) has signed agreements with the Egyptian Government for four major developments covering more than 37 million square metres, with planned investments of approximately EGP 11 trillion. The programme includes the North and West Madinaty Project, Alexandria Integrated Urban Development Project, Abu Qir Industrial, Logistics, Real Estate and Tourism Project, and North Coast Mixed-Use Development Project.

NETHERLANDS

Sweco wins four-year technical consultancy framework for Amsterdam public transport

Sweco has been appointed by Amsterdam transport operator GVB under a technical consultancy framework running from July 2026 to June 2030, with an extension option. The agreement covers engineering, project and asset management, sustainability, safety and specialist expertise to support the maintenance and development of the city's public transport infrastructure.

SAUDI ARABIA

Sensys Gatso secures USD 3.7 million Saudi Arabia order for speed enforcement systems

Sensys Gatso Group has secured orders worth USD 3.7 million from Saudi Arabia’s Tahakom for fixed speed enforcement equipment and in-vehicle traffic monitoring systems. Deliveries are scheduled to begin in Q4 2026, expanding the supplier’s product deployment in the kingdom, although regional geopolitical developments could delay completion into 2027.

IRELAND; NETHERLANDS; UNITED STATES OF AMERICA

Arcadis and Tetra Tech joint venture appointed to 600 million euro Irish rail infrastructure framework

Arcadis, operating in a joint venture with Tetra Tech, has secured a position on Iarnród Éireann's Multi-Party Framework valued at up to 600 million euros. The multi-year agreement spans design, engineering, and program management services to support national railway expansion and decarbonization initiatives across Ireland.

UNITED STATES OF AMERICA

Stord expands North American logistics footprint through major fulfillment asset acquisition

Supply chain technology firm Stord has acquired third-party logistics vendor AMS Fulfillment. The transaction expands Stord's warehouse footprint, adds significant order processing capacity across key U.S. metropolitan hubs, and advances its automated distribution strategy for high-velocity consumer brands.

INDIA

Refex Industries secures INR 314.45 million rate contract for ash logistics from Ministry of Power enterprise

Refex Industries Limited has bagged a slab-wise rate contract worth INR 314.45 million from a Ministry of Power public sector undertaking. The one-year agreement focuses on ash logistics for national and state road construction projects, reinforcing industrial waste management and infrastructural support frameworks.

UNITED STATES OF AMERICA

Oro Mobility Announces $80M Strategic Equity Raise to Scale Fleet Operations

Oro Mobility has obtained an USD 80 million strategic equity investment from a consortium including Cohen Private Ventures, Certares Opportunities, and Knighthead Capital Management. The capital will fund the expansion of its fleet orchestration platform, targeting both driver-led and autonomous vehicle operations across the United States mobility sector.

QATAR

Ashghal launches tenders for design consultancy services for roads and infrastructure

Qatar's Public Works Authority (Ashghal) has issued a tender seeking design consultancy services for roads and infrastructure projects. The initiative aims to enhance civil engineering, quantity surveying, and cost estimation capabilities across major national development frameworks.

Regional Desks

Industry & Manufacturing News

United Kingdom

Alleima secures Sizewell C supply order as UK nuclear construction advances

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France; Sweden

SaltX Technology and Groupe Pigeon advance low-carbon lime project in France

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Korea (South); United States of America; Vietnam

LS Eco Energy allocates capital to Vietnam facility for AI infrastructure hardware expansion

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Malaysia

PMW advances industrial expansion in Sarawak with RM50.25 million facility development

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United States of America

Audi commits $4 billion to establish first U.S. production facility in Georgia

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India

Unimech Aerospace subsidiary secures LTA with Honeywell Aerospace for precision components

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India

Odisha chemical sector gains momentum as Paradeep Phosphates commits ₹47.5 billion expansion

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Australia

Rio Tinto commits USD 1.9 billion to extend Queensland bauxite production through 2032

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India

Pirelli and Balkrishna Industries form strategic partnership for premium car tyre manufacturing in India

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Canada; Singapore

Boroo sets sights on Yukon with USD 1.4 billion investment plan for Eagle Gold Mine acquisition

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India

Vibhor Steel Tubes extends INR 50 million credit line to Viyom Steel Infra

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Germany

Indutrade expands German footprint with Schraner buyout

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India

Pitti Engineering unveils INR 4.5 billion capital investment plan to unify Karnataka operations

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India

NLC India partners with IPICOL for mega energy and mineral projects in Odisha

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India; United States of America

Welspun CORP secures major contract for US pipeline infrastructure

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Australia

Sentinel Exploration commences maiden aircore drilling program at Menzies West Gold Project in Western Australia

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United States of America

Unusual Machines secures 16.9 million dollar purchase order from Powerus for NDAA-compliant drone components

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India

India advances coal-to-chemicals initiative with execution of ₹250 billion Odisha gasification facility

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Sweden

Freemelt secures SEK 28 million contract from European Spallation Source for tungsten parts

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Mongolia

Thiess secures long-term contracts for operations in Mongolia

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Projects

Flower finalises German BESS portfolio consolidation with dual project closing
Business & Corporate

Flower finalises German BESS portfolio consolidation with dual project closing

Flower German Tolling has finalized its acquisition of two battery energy storage system (BESS) projects in Germany from Chint Solar Europe, incorporating 60.5 MW and 160 MWh of storage capacity to conclude a broader 112 MW portfolio expansion.

Read News →
Perbena Emas secures RM170.86 million contract for Sarawak water infrastructure expansion
Infrastructure

Perbena Emas secures RM170.86 million contract for Sarawak water infrastructure expansion

Perbena Emas has landed a RM170.86 million subcontract from KKB Engineering to execute civil and structural works for water infrastructure upgrades in Samalaju under SCORE, targeting a late 2026 commencement.

Read News →
Alleima secures Sizewell C supply order as UK nuclear construction advances
Energy & Power

Alleima secures Sizewell C supply order as UK nuclear construction advances

Alleima has secured an order to supply tubes for the Sizewell C nuclear power project in Suffolk, England. Booked in the fourth quarter of 2026, the contract is scheduled to begin deliveries in 2027 over approximately two years, extending the Swedish materials group's involvement in the UK's nuclear energy supply chain.

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India commits $4.88 million to community-led biodiversity governance in Tamil Nadu and Meghalaya
Business & Corporate

India commits $4.88 million to community-led biodiversity governance in Tamil Nadu and Meghalaya

India has launched a five-year, $4.88 million-plus biodiversity conservation initiative targeting ecologically sensitive landscapes in Tamil Nadu and Meghalaya. The programme aims to strengthen local institutions, integrate conservation priorities into village development planning and develop financing mechanisms that support long-term ecosystem protection and alignment with national and international environmental commitments.

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Vietnamese contractor secures USD 30 million deal for Laos real estate and smart farming projects
Agriculture & Food

Vietnamese contractor secures USD 30 million deal for Laos real estate and smart farming projects

Viet Nga Group has partnered with Laos-based Supchaleun Group to execute a nearly 30 million USD dual-development agreement in Vientiane, encompassing commercial real estate and a high-tech agricultural complex.

Read News →
SaltX Technology and Groupe Pigeon advance low-carbon lime project in France
Energy & Power

SaltX Technology and Groupe Pigeon advance low-carbon lime project in France

SaltX Technology and Groupe Pigeon have successfully concluded a feasibility study for a commercial-scale electrified lime manufacturing facility in France. Scheduled to begin construction in 2028, the plant will utilize advanced electric calcination technology to significantly curb industrial carbon emissions.

Read News →
LS Eco Energy allocates capital to Vietnam facility for AI infrastructure hardware expansion
Business & Corporate

LS Eco Energy allocates capital to Vietnam facility for AI infrastructure hardware expansion

LS Eco Energy plans a 65 billion won investment via its Vietnamese subsidiary to establish production facilities for ultracapacitors supporting AI data centers. The initiative targets rising global demand and aims to strengthen corporate profitability through high-value manufacturing.

Read News →
PMW advances industrial expansion in Sarawak with RM50.25 million facility development
Business & Corporate

PMW advances industrial expansion in Sarawak with RM50.25 million facility development

PMW International Berhad is investing RM50.25 million to construct a specialized precast manufacturing plant in Tanjung Manis, Sarawak. Scheduled to launch production by late 2027, the facility aims to supply heavy concrete infrastructure components while bolstering local employment and regional supply chain capabilities.

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Audi commits $4 billion to establish first U.S. production facility in Georgia
Industry & Manufacturing

Audi commits $4 billion to establish first U.S. production facility in Georgia

Audi has announced a $4 billion capital expenditure to construct its inaugural North American manufacturing facility in Perry, Georgia. The plant aims to achieve an annual capacity of 200,000 premium vehicles, generating approximately 4,500 jobs while fortifying the automaker's regional supply chain and competitive positioning.

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Power Grid Corporation awards transmission contracts worth Rs. 9.49 billion to Jyoti Structures
Energy & Power

Power Grid Corporation awards transmission contracts worth Rs. 9.49 billion to Jyoti Structures

Power Grid Corporation of India has awarded transmission line contracts valued at Rs. 9.49 billion to Jyoti Structures for projects in Rajasthan. The multi-lot turnkey agreement spans thirty-eight months and involves high-voltage direct current infrastructure development.

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Just In
4 hours ago Flower finalises German BESS portfolio consolidation with dual project closing 4 hours ago EDC and Türk Eximbank establish framework to expand Canada-Türkiye trade finance cooperation 4 hours ago Perbena Emas secures RM170.86 million contract for Sarawak water infrastructure expansion 4 hours ago European Investment Bank anchors $37.5 million in Tanmiya Capital Fund II to accelerate Egyptian private sector expansion