PJSC

Masdar to Acquire 50% Stake in Terra-Gen from Energy Capital Partners

Retrieved on: 
Tuesday, March 19, 2024
PJSC, Nicknames of Houston, ECP, Growth, White, Partnership, White & Case, JPMorgan Chase, LLP, Guggenheim, Wind, BMO Capital Markets, Covington & Burling, Latham & Watkins, Renewable energy

ECP, a leading investor across energy transition, electrification and decarbonization infrastructure assets, will fully exit its position in Terra-Gen in connection with the transaction.

Key Points: 
  • ECP, a leading investor across energy transition, electrification and decarbonization infrastructure assets, will fully exit its position in Terra-Gen in connection with the transaction.
  • Igneo Infrastructure Partners ("Igneo"), a global infrastructure investment manager, will retain its existing 50 percent stake in the company.
  • This transaction unites one of the largest independent renewable energy producers in the U.S. with Masdar – one of the fastest growing clean energy companies in the world.
  • John DiMarco, Managing Director at Igneo, said, "Igneo is excited to partner with Masdar on Terra-Gen's next phase of growth.

Hexagonal Boron Nitride Market size to increase by USD 345.2 million between 2022 to 2027, 3M Co., American Elements, BORTEK Boron Technologies and Mechatronic Inc., and more among key companies, Technavio

Retrieved on: 
Monday, March 4, 2024
Lubrication, Metallurgy, USD, Ceramic, JEITA, Investment, Lubricant, India Brand Equity Foundation, Growth, Electronics, FDI, Höganäs AB, AIN, Safety, OICA, Digital India, Hexagon, Organization, 3M, PJSC, Graphite, LLP, Oil, Kennametal, Metal, Renewable energy

3M Co: The company offers hexagonal boron nitride products such as cooling filler platelets.This report provides a full list of key companies, their strategies, and the latest developments.

Key Points: 
  • 3M Co: The company offers hexagonal boron nitride products such as cooling filler platelets.This report provides a full list of key companies, their strategies, and the latest developments.
  • Metals, graphite, ceramics, and organic materials are some of the key materials included in hexagonal boron nitride coatings.
  • The ability to withstand high temperatures up to 2750 degrees F is one of the key features of hexagonal boron nitride coatings.
  • The calcium hypochlorite market size is estimated to grow at a CAGR of 11.73% between 2023 and 2028.

New Mobile Satellite Industry Association to Advance Global Connectivity for Direct-to-Device and IoT Services

Retrieved on: 
Friday, February 9, 2024
Carriers and Services, Mobile, Wireless, Networks, Internet, Hardware, Data Management, Consumer Electronics, IOT (Internet of Things), Technology, 5G, Satellite, Other Technology, Telecommunications, NTN, Agriculture, Communication, PJSC, 3GPP, Mobile network operator, Internet of things, Ecosystem, MNO, Ligado Networks, Growth, MSS, Government, Human, Original equipment manufacturer, Safety, MWC, Multimedia, OTT, Aviation, D2D, MSSA, Orbit, VSAT, Communications satellite

Viasat, Inc. (NASDAQ: VSAT), Terrestar Solutions , Ligado Networks , Omnispace and Al Yah Satellite Communications Company PJSC (Yahsat) today announced the Mobile Satellite Services Association (MSSA).

Key Points: 
  • Viasat, Inc. (NASDAQ: VSAT), Terrestar Solutions , Ligado Networks , Omnispace and Al Yah Satellite Communications Company PJSC (Yahsat) today announced the Mobile Satellite Services Association (MSSA).
  • View the full release here: https://www.businesswire.com/news/home/20240206302925/en/
    Advancing the development of direct-to-device (D2D) and IoT connectivity through an ecosystem of Non-Terrestrial Network (NTN) providers.
  • The non-profit industry association intends to align with 3rd Generation Partnership Project (3GPP) standards to extend terrestrial mobile coverage for both Mobile Network Operator (MNO) and Over-the-Top (OTT) internet services.
  • “Integrating satellite connectivity into consumer mobile devices is a transformative opportunity for the satellite industry.

Bidgely Hits Record Sales Milestone in 2023 – Delivering UtilityAI Platform-Driven Value to Both Existing and New Customers

Retrieved on: 
Monday, January 22, 2024
Apps, Applications, Technology, Alternative Vehicles, Fuels, EV, Electric Vehicles, Automotive, Utilities, Software, Energy, Artificial Intelligence, NV Energy, EVS, IDC, OG&E, PJSC, Gulf Cooperation Council, Traction, SDGE, Tennessee Valley Authority, Multimedia, Electricity, Partnership, PacifiCorp, Behavior, SMB, DER, Digital, Growth, BTM, OG, GCC, Distributed intelligence, FortisBC, Aggarwal, Organization, IRP, Renewable energy

A significant proportion of this uptick was driven by Bidgely’s existing customer base expanding their adoption of Bidgely’s energy artificial intelligence (AI) solutions.

Key Points: 
  • A significant proportion of this uptick was driven by Bidgely’s existing customer base expanding their adoption of Bidgely’s energy artificial intelligence (AI) solutions.
  • View the full release here: https://www.businesswire.com/news/home/20240122268983/en/
    Bidgely achieved its highest ever new annual sales in 2023 as the company supports fundamental shifts in the utility industry.
  • They’re accomplishing the same outcomes from one vendor with less IT burden and lower costs overall,” said Abhay Gupta, CEO of Bidgely.
  • Bidgely also hosted two UtilityAI Executive Innovation Collaborative (UEIC) events in 2023.

Alternative Fuels Market to Record a Growth of USD 78.41 billion between 2022 and 2027, Discover Latest Trends, Market Share, and Evolving Opportunities - Technavio

Retrieved on: 
Monday, January 22, 2024
Fuel oil, Chevron Corporation, PJSC, Natural gas, Aviation, Shell plc, Honeywell, CNOOC, ENGIE, Gazprom, World Bank, Equinor, Growth, Sale, Petrobras, Carbon, Climate change, PEM, USD, Ethanol, OMV, Professional corporation, BP, Gevo, Greenhouse gas, Methanol, GHG, ExxonMobil, Renewable energy

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- The alternative fuels market size is expected to grow by USD 78.41 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Jan. 22, 2024 /PRNewswire/ -- The alternative fuels market size is expected to grow by USD 78.41 billion from 2022 to 2027, according to Technavio.
  • The Alternative Fuels Market is witnessing a significant uptrend driven by the escalating adoption of eco-friendly fuel sources in the transportation sector.
  • The global off-grid alternative fuels market is expected to grow rapidly during the forecast period due to the Increasing emissions of GHGs.
  • These strategic investments are poised to propel the growth of the alternative fuels market in the APAC region throughout the forecast period.

USPACE Technology Group to Develop Abu Dhabi Space Eco City Spanning 3 Million Square Meters

Retrieved on: 
Tuesday, January 9, 2024
Digital, PJSC, AD Ports Group, Ministry (collective executive), Investment, Amusement park

HONG KONG, Jan. 9, 2024 /PRNewswire/ -- USPACE Technology Group Limited ("USPACE " or "the Group"; Stock Code: 1725.HK) is pleased to announce that the Company has signed a term sheet with Abu Dhabi Ports Company PJSC (''AD Ports''), in relation to the development of Abu Dhabi Space Eco City in Abu Dhabi, United Arab Emirates to provide commercial aerospace services worldwide, marking a major milestone of USPACE's strategic international expansion.

Key Points: 
  • Under the term sheet, AD Ports will allocate to USPACE a land plot in the size of 3 million square meters in the Khalifa Economic Zones (KEZAD) in Abu Dhabi for the development of Abu Dhabi Space Eco City project.
  • The Abu Dhabi Space Eco City project will integrate over 1,000 commercial aerospace enterprises worldwide to jointly develop a global aerospace ecological chain of international aerospace technology innovation and space trade centers.
  • The agreement relating to the Abu Dhabi Space Eco City comes after USPACE's recent announcement of dual listing plan in the Middle East.
  • Mr. Mr. Mohamad Al Khadar Al Ahmed, President of Abu Dhabi Ports Company PJSC said, "We give high level of importance to the Abu Dhabi Space Eco City project of USPACE.

PureHealth shares settled a staggering 76% above listing price in Abu Dhabi trading debut

Retrieved on: 
Thursday, December 21, 2023
Science, Health, PJSC, AED, ADX, Competitiveness Council, IHC, Security, Economic development, Longevity, Growth, IPO, First Abu Dhabi Bank, ADQ, Offering, Abu Dhabi Securities Exchange

Abu Dhabi-based PureHealth, which is trading under the symbol "PureHealth", witnessed a jump in its share price to AED 6.0 per share in early trading on the ADX on Wednesday 20 December, giving it a market value of AED 66.6 billion.

Key Points: 
  • Abu Dhabi-based PureHealth, which is trading under the symbol "PureHealth", witnessed a jump in its share price to AED 6.0 per share in early trading on the ADX on Wednesday 20 December, giving it a market value of AED 66.6 billion.
  • Shares of the company surged to a high of 84% before they settled around 76% above the listing price at AED 5.74 per share at the close of trading on Wednesday (indicating a market value of AED 63.8 billion).
  • Farhan Malik, Founder and Managing Director of PureHealth rang the ADX market opening bell to celebrate the listing, in the presence of H.E.
  • Ahmed Jasim Al Zaabi, Chairman of Abu Dhabi Department of Economic Development, H.E Syed Basar Shueb, CEO and Managing Director of International Holding Company, H.E.

PureHealth shares settled a staggering 76% above listing price in Abu Dhabi trading debut

Retrieved on: 
Thursday, December 21, 2023
Science, Health, PJSC, AED, ADX, Competitiveness Council, IHC, Security, Economic development, Longevity, Growth, IPO, First Abu Dhabi Bank, ADQ, Offering, Abu Dhabi Securities Exchange

Abu Dhabi-based PureHealth, which is trading under the symbol "PureHealth", witnessed a jump in its share price to AED 6.0 per share in early trading on the ADX on Wednesday 20 December, giving it a market value of AED 66.6 billion.

Key Points: 
  • Abu Dhabi-based PureHealth, which is trading under the symbol "PureHealth", witnessed a jump in its share price to AED 6.0 per share in early trading on the ADX on Wednesday 20 December, giving it a market value of AED 66.6 billion.
  • Shares of the company surged to a high of 84% before they settled around 76% above the listing price at AED 5.74 per share at the close of trading on Wednesday (indicating a market value of AED 63.8 billion).
  • Farhan Malik, Founder and Managing Director of PureHealth rang the ADX market opening bell to celebrate the listing, in the presence of H.E.
  • Ahmed Jasim Al Zaabi, Chairman of Abu Dhabi Department of Economic Development, H.E Syed Basar Shueb, CEO and Managing Director of International Holding Company, H.E.

Expanded Polystyrene Market size to increase by USD 2.78 billion from 2023 to 2028; Alfa Corporativo S.A. de C.V., Atlas Roofing Corp., BASF SE and more among key companies- Technavio

Retrieved on: 
Thursday, December 14, 2023
Construction, Koch Industries, White, Urbanization, BASF SE, PJSC, EPS, USD, BASF, Evonik Industries, Growth, TotalEnergies, SE, Atlas, Temperature, Thermoplastic, Geography

NEW YORK, Dec. 13, 2023 /PRNewswire/ -- The expanded polystyrene market size is expected to grow by USD 2.78 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Dec. 13, 2023 /PRNewswire/ -- The expanded polystyrene market size is expected to grow by USD 2.78 billion from 2023 to 2028.
  • In addition, the growth momentum of the market will progress at a CAGR of 4.72% during the forecast period, according to Technavio.
  • Environmental benefits associated with expanded polystyrene are notably driving the expanded polystyrene market.
  • The expanded polystyrene (EPS) for packaging market size is estimated to grow at a CAGR of 8.5% between 2022 and 2027.

Masdar Advances 10GW Africa Growth Plan to Unlock Energy Transition in Six Sub-Saharan Nations

Retrieved on: 
Thursday, December 7, 2023
Ministry, Concession, G2G, Watt, Carbon, PGE, Roadmap, Research, Water, COP28, Investment, Mineral Resources Limited, Congo, Geothermal Development Company, ZESCO, PJSC, Mining, Africa50, Wind, Memorandum of understanding, Republic, Infinity Power Chutes, Partnership, McKinsey & Company, Electricity, IRH, Initiative, Renewable energy, Energy, Masdar

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE's clean energy leader, in support of the clean energy transition across the continent.

Key Points: 
  • DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE's clean energy leader, in support of the clean energy transition across the continent.
  • These agreements support the development of clean energy portfolios across several markets in Africa, helping to unlock that potential and deliver improved levels of energy security to its population.
  • Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: "Masdar's growth plans will help unlock Africa's clean energy potential and further advance its energy transition.
  • Masdar's commitment aims to mobilize a total of US$10 billion in investments to deliver 10GW of clean energy capacity in Africa by 2030.