EIG Completes Acquisition of 25% of Repsol’s Entire Global Upstream Business

EIG’s Breakwater Energy acquires stake for $4.8 billion WASHINGTON–(BUSINESS WIRE)–Mar. 03, 2023 EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced the completion of its acquisition of a 25% interest in Repsol Upstream, a newly-formed, gas-weighted exploration & production company comprising Repsol’s entire global upstream oil and gas business. Breakwater […]

EIG Enters Into Harbour Energy plc Trading Plan

WASHINGTON–(BUSINESS WIRE)–Feb. 08, 2023 EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has established a pre-arranged trading plan (the “Trading Plan”) to permit the sale of up to 2 million shares (the “Shares”) of Harbour Energy plc (HBR.L or the “Company”) held by certain controlled affiliates of […]

Hydrogen’s Use as a Sustainable Alternative Fuel for Transport Highlighted by Black & Veatch

Black & Veatch pinpoints, at Hydrogen India Summit 2023, decarbonization models that will hasten India's shift to cleaner fuels DELHI, India–(BUSINESS WIRE)–Feb. 06, 2023 With India’s reliance on imported crude oil, opportunities exist to plan for and grow the use of green hydrogen as a zero-emissions fuel source for the country’s transport sector, including commercial […]

Midea VRF Going Global Sets Sail for Jakarta-Bandung High-speed Railway

JAKARTA, Indonesia–(BUSINESS WIRE)–Nov. 15, 2022 The G20 Bali Summit presented the latest construction results of the Jakarta-Bandung High-speed Railway (HSR), the first high-speed railway in Southeast Asia. With a total length of 142 kilometers and a maximum design speed of 350 kilometers per hour, marking that Indonesia has entered the "high-speed rail era". Midea provides […]

Black & Veatch Names Ruturaj Govilkar to Lead India Business as New Generation of Clients Seek Decarbonised Sustainable and Resilient Infrastructure

MUMBAI, India–(BUSINESS WIRE)–Nov. 04, 2022 Black & Veatch, a leading global provider of critical human infrastructure solutions, has named Ruturaj Govilkar as Country Manager and Managing Director, India, to steer the company’s growth. He will oversee all aspects of Black & Veatch’s business in the country. The news follows India’s recent 100 trillion rupees (approximately […]

India’s Adani Power Selects Black & Veatch to Optimize Thermal Power Assets Reduce Operational Costs and Emissions

Global infrastructure solutions leader implements Asset Performance Management (APM) Program to deliver timely, actionable insights MUMBAI, India–(BUSINESS WIRE)–Oct. 13, 2022 Adani Power Limited (APL) has appointed Black & Veatch to optimize operations and improve reliability and performance of its power assets in India, with goals including an overall reduction in carbon emissions. Black & Veatch […]

EIG’s MidOcean Energy to Acquire Tokyo Gas’ Interests in Portfolio of Four Australian Integrated LNG Projects for US$2.15 Billion

Diversified portfolio of high quality, cash flowing LNG projects establish foundation for MidOcean Energy WASHINGTON–(BUSINESS WIRE)–Oct. 07, 2022 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 Tokyo Gas Co., Ltd […]

CHINT Carbon Reduction Gets Underway as the Global Campaign Comes to a Close

The time for global carbon reduction is now, and global campaign is in action. SHANGHAI–(BUSINESS WIRE)–Sep. 30, 2022 CHINT Limitless has successfully wrapped up its global branding season, wherein it made strides in sharing carbon reduction solutions with more than ten different countries and regions, and set out to explore new paths for Chinese businesses […]

Gas Infrastructure Renewable Energy Integration Vital to Accelerating Asia’s Energy Transition: Black & Veatch

Global decarbonization leader points to more integrated generation, transmission and distribution solutions to stabilize Asia’s low-carbon energy systems BANGKOK–(BUSINESS WIRE)–Sep. 27, 2022 As Asia races to expand its variable renewable energy generation, more integration of generation, transmission and distribution technologies will be required to balance electric grids, enhance energy security and reach decarbonization goals. “Rising […]