joint-venture
Top StoriesCma Cgm Acquires 10% in Stake in Volvo-Renault Ev Joint Venture, Renault Says
Top StoriesBmw and India’s Tata Technologies to Form Jv for Developing Software
Top StoriesAviva to Sell Singlife Joint Venture Stake for $1 Billion
Top StoriesBosch, Infineon, Nxp, Tsmc to Establish Jv for German Wafer Fab
Mtu and Safran to Create Jv on Military Helicopter Developments
Date: June 20, 2023
MTU and Safran to create JV on military helicopter developments (Reuters) – German MTU Aero Engines and French Safran have signed a memorandum of understanding to create a joint-venture on developing a new engine for the European Next Generation Rotorcraft Technologies project, both firms said on Tuesday. The 50/50 joint venture, signed during the Paris...
Public Power Corp, Rwe to Build Five Solar Farms in Greece
Date: January 26, 2023
(Reuters) – Greece’s biggest power utility Public Power Corp. (PPC) and Germany’s RWE have taken a final investment decision to build five solar farms in Greece, the two companies said on Thursday. The farms will cost 180 million euros ($196 million) and have a total capacity of about 200 megawatts (MW). They are expected to...
Schlumberger, Subsea 7 and Aker Solutions to Form Subsea Engineering Firm
Date: August 30, 2022
OSLO (Reuters) – U.S. engineering firm Schlumberger and Norway’s Aker Solutions plan to merge their subsea oil and gas construction business and to bring in a third rival, Oslo-listed Subsea 7, as a partner, the firms said on Tuesday. Aker Solutions will receive $700 million in cash and Schlumberger stock as part of the deal,...
Bp Solar Joint Venture Expanding in Australia With Two New Projects
Date: August 16, 2022
By Sonali Paul MELBOURNE (Reuters) – Solar developer Lightsource bp is set to reach financial close later this year on two new solar farms in Australia for a total cost of A$800 million ($560 million), the company half-owned by BP Plc said on Tuesday. The Wellington North project in New South Wales and smaller Wunghnu...
Rio Tinto Signs Rail, Port Jv With China-Backed Consortium for Guinea’s Simandou
Date: July 28, 2022
By Praveen Menon and Helen Reid SYDNEY/JOHANNESBURG (Reuters) -Rio Tinto’s Guinea subsidiary has formed an infrastructure joint venture with Winning Consortium Simandou (WCS) and the government, paving the way for work to resume on the world’s largest undeveloped iron ore project. The joint venture (JV) for the Simandou railway and port is a milestone for...
Stellantis, China’s Gac to Terminate Loss-Making Joint Venture
Date: July 18, 2022
PARIS (Reuters) -Stellantis and Guangzhou Automobile Group will end their loss-making joint venture producing Jeep vehicles in China, the carmakers said on Monday, only four months after the European carmaker said it would raise its stake in the business. The U-turn comes after GAC reprimanded the world’s No.4 carmaker in January for announcing plans to...