EIG’s MidOcean Energy to Acquire SK Earthon’s 20 Percent Stake in Peru LNG

WASHINGTON–(BUSINESS WIRE)–Feb. 08, 2024 MidOcean Energy (“MidOcean”), an LNG company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement with SK Earthon (“SK”) to acquire SK’s 20 percent interest in Peru LNG (“PLNG”). PLNG owns and operates the […]

Gradiant’s H+E Wins Contract in Germany to Build Water Treatment Facility for One of the Largest Semiconductor Fabs

The contract award follows the European Chips Act’s passing in September to bolster competitiveness and resilience in semiconductors BOSTON–(BUSINESS WIRE)–Feb. 06, 2024 Gradiant, a global solutions provider for advanced water and wastewater treatment, today announced that its recently acquired subsidiary, H+E Group, has been awarded a new contract to design and build an ultrapure water […]

UAE’s Sustainable Trade Forum engages the private-sector to deliver trade-led solutions at COP28

– The Sustainable Trade Forum is hosted by UAE Ministry of Economy in partnership with Capital.com and Vinfast – The event coincides with first-ever Trade Day at COP28 – Convenes global business and investment leaders from mobility, utilities and food sectors. ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Dec. 05, 2023 The Ministry of Economy, in partnership with global fintech […]

H2SITE has Commissioned the First On-Board Ammonia Cracking System Generating High-Purity Hydrogen Coupled with PEM Fuel Cell

Maritime transport represents 2% of the global greenhouse gas emissions. Ammonia and methanol are the most promising carriers being explored for its decarbonization. H2SITE has produced pure hydrogen from ammonia on board, through a process called “Ammonia cracking”, using its integrated membrane reactor technology. Connected to a PEM fuel cell, hydrogen is used to produce […]

Abdulaziz Al-Gudaimi Aramco Veteran Joins EIG as Senior Advisor and Chairman of MENA Operations

WASHINGTON–(BUSINESS WIRE)–Dec. 01, 2023 EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Abdulaziz Al-Gudaimi has joined EIG as Senior Advisor and Chairman of EIG’s Middle East & North Africa (“MENA”) Operations. Mr. Al-Gudaimi, formerly Executive Vice President of Corporate Development at Saudi Aramco (“Aramco”), has over 38 years […]

JAIMA: “Carbon Neutral Society and Biomass Energy” Symposium information (held in Thailand)

TOKYO–(BUSINESS WIRE)–Sep. 26, 2023 The Japan Analytical Instruments Manufacturers’ Association (JAIMA, address: 2-5-16 Kanda Nishiki-cho, Chiyoda-ku, Tokyo 101-0054, President: Masayuki Adachi/President of Horiba, Ltd.) will be holding a symposium on the theme of “Carbon Neutral Society and Biomass Energy'' in Bangkok, Thailand. Rising energy prices and shortages of energy sources are major challenges facing modern […]

AstraZeneca advances UK clean heat and energy efficiencies with £100m commitment

15-year agreement with Future Biogas will provide 100 GWh of green gas (biomethane) annually, equivalent to meet the heat demands of over 8,000 homes Initiative will provide additional renewable capacity to the national gas grid, representing the UK's first fully commercial biomethane system Significant boost to energy efficiency at UK’s largest medicines manufacturing site in […]

Accelerated Liquefied Natural Gas Production Essential for Transitioning to a Low-Carbon Future: Black & Veatch

New eBook launched ahead of Gastech 2023 as global competition to secure LNG supply remains intense SINGAPORE–(BUSINESS WIRE)–Sep. 14, 2023 The urgency to increase liquefied natural gas (LNG) production and improve the security of supply will be central themes at Gastech 2023 in Singapore as the world faces volatile impacts from climate change and the […]

Black & Veatch Extends Memorandum of Understanding with Beca to Provide Greater Breadth of Solutions Across Australia New Zealand

The Memorandum of Understanding (MoU) aligns with the intentions of the two nations to accelerate climate action by identifying shared economic opportunities to navigate a successful transition to net zero MELBOURNE, Australia–(BUSINESS WIRE)–Aug. 22, 2023 Beca and Black & Veatch will expand their collaboration to deliver a greater breadth of sustainability and decarbonisation solutions in […]

Seamless Integration of Multiple Technologies Necessary for Southeast Asia to Achieve Carbon Neutrality: Black & Veatch

Black & Veatch to share its strategies for integrating renewable energy, liquefied natural gas (LNG) and hydrogen at Future Energy Asia BANGKOK–(BUSINESS WIRE)–May. 15, 2023 Southeast Asia must continue to prioritize the integration of renewable energy and the addition of new natural gas infrastructure to achieve an affordable, resilient and sustainable energy future, according to […]

EIG Hires Joe Kaeser Former Siemens AG CEO as Senior Advisor

WASHINGTON–(BUSINESS WIRE)–Apr. 17, 2023 EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Joe Kaeser, former President and Chief Executive Officer of Siemens AG (“Siemens”), has joined EIG as Senior Advisor. In this role, Mr. Kaeser will provide strategic counsel to the firm's leadership team on matters related to […]