Soujanya Ravi

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By Soujanya Ravi On Saturday, February 16th, 2019
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Ontario govt okays NextBridge’s East-West Tie Transmission Line Project

(adsbygoogle = window.adsbygoogle || []).push({}); The Ontario government has designated NextBridge Infrastructure as the licensed transmitter to take up the East-West Tie Transmission Line Project in More...

By Soujanya Ravi On Saturday, February 16th, 2019
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GE, Sumitomo to develop 1.8GW power plant in Sharjah, UAE

A consortium made up of GE, Sumitomo, Shikoku Electric Power and Sharjah Asset Management (SAM) have signed an agreement to develop, build and operate what will be the first independent combined cycle power plant More...

By Soujanya Ravi On Saturday, February 16th, 2019
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US bank holding companies Chemical Financial and TCF sign $3.6bn merger

Banking acquisition news : Chemical Financial, the Michigan-based bank holding company which owns the Chemical Bank has signed an all-stock deal worth $3.6 billion to acquire Minnesota-based TCF Financial, the parent More...

By Soujanya Ravi On Monday, February 11th, 2019
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ADNOC to offload 35% stake in ADNOC Refining to Eni and OMV for $5.8bn

Italy’s Eni and Austria’s OMV, through separate agreements, have agreed to acquire stakes of 20% and 15%, respectively in ADNOC Refining – the refining business of Abu Dhabi National Oil Company (ADNOC), for More...

By Soujanya Ravi On Saturday, February 9th, 2019
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IKEA Norfolk opening fixed for 10 April 2019

IKEA Norfolk opening : Swedish home furnishings retailer IKEA is all set to open its 50th store in the US on 10 April at Norfolk in Virginia. The home furnishings retailer broke ground on what is its second store More...

By Soujanya Ravi On Saturday, February 9th, 2019
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Dollar Tree to invest $130m in new retail distribution center in Texas

New Dollar Tree distribution center in Texas : Dollar Tree, a US chain of discount variety stores, revealed its plan to invest nearly $130 million to establish a new retail distribution center in Texas. The new More...

By Soujanya Ravi On Tuesday, February 5th, 2019
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E.ON completes 201MW Stella wind farm in Texas

Wind industry news : German energy company E.ON has achieved commercial operations at its 201MW Stella wind farm in Texas, about an year after breaking ground. Built in Kenedy County, the wind farm features 67 Acciona More...

By Soujanya Ravi On Sunday, February 3rd, 2019
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Siemens Gamesa to supply turbines for 128MW VSM 2 wind farm in Brazil

Wind industry news : Siemens Gamesa Renewable Energy has bagged a contract from French power generation company Voltalia to supply turbines for the 128MW Ventos da Serra do Mel 2 wind project (VSM 2 wind farm) in More...

By Soujanya Ravi On Sunday, February 3rd, 2019
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People’s United Bank acquires equipment financing company VAR Technology

People’s United Bank, a subsidiary of People’s United Financial, has acquired Texas-based equipment financing company VAR Technology Finance for an undisclosed price. Headquartered in Mesquite, VAR Technology More...

By Soujanya Ravi On Saturday, February 2nd, 2019
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Seattle brewing company Schooner Brewing merges with San Juan Seltzer

Drinks acquisition news : Two of Seattle’s brewery companies Schooner Brewing and San Juan Seltzer have merged into a single entity to focus on new offerings. Financial terms of the merger were not disclosed. San More...