Posts By: Soujanya Ravi

INI Farms, Munger Farms team up to grow blueberries in India

Indian horticultural company INI Farms and US-based blueberry grower Munger Farms have entered into a partnership to develop a global-value-chain for blueberries in India. The partnership has an objective to promote blueberries cultivation in India, improve the consumption of the fruit and also boosting the country’s export basket of fresh fruits. With this partnership, the […]

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Kolskaya wind project : Enel breaks ground on 201MW Russian wind farm

Italian renewable energy company Enel Green Power has broken ground on the 201MW Kolskaya wind project in Russia, which will come up in the Murmansk region with a total investment of nearly €273 million. The Kolskaya wind farm, owned by Enel Russia, is said to be the largest wind project presently under construction beyond the […]

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innogy’s 1.4GW Sofia offshore wind farm prevails in UK’s CfD auction 2019

German energy company innogy said that its 1.4GW Sofia offshore wind farm won the UK’s Contracts for Difference (CfD) third-round auction (CfD auction 2019) and contract from the UK Department for Business, Energy & Industrial Strategy (BEIS). The CfD strategy supports new renewable energy projects in the UK by providing them with a fixed strike […]

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Dhofar Wind Farm in Oman produces its first power

The 50MW Dhofar Wind Farm in Oman, which is being developed by Abu Dhabi Future Energy Company (Masdar) as the first utility-scale wind farm in the Gulf Cooperation Council, has produced its first power. The milestone has been achieved following the commissioning of the first turbine. The remaining 12 turbines are scheduled to be brought […]

Vesta Capital acquires women’s clothing retailer Alex Apparel

Vesta acquisition of Alex Apparel : Vesta Capital Management said that one of its affiliates has acquired New York City based women’s clothing retailer Alex Apparel Group from Atlantic Street Capital for an undisclosed price. Alex Apparel is a designer and wholesaler of eveningwear dresses and social dresses under the brands Alex Evenings, Ignite Evenings […]

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Tetra Tech secures $25m contract for Anacostia River Sediment Project

The District of Columbia (DC) Department of Energy and Environment (DOEE) awarded consulting and engineering services firm Tetra Tech a $25 million, five-year contract for Anacostia River Sediment Project. As per the contract, Tetra Tech will provide technical support services for evaluation and remediation of contaminated sediments for the nine-mile tidal part of the heavily […]

Sterling Construction bags $33m contract for TX State Highway 34 Project

Construction industry news : Texas Sterling Construction (TSC), a subsidiary of Sterling Construction has been awarded a $33 million contract from the Texas Department of Transportation for the reconstruction of an eight-mile portion of Texas State Highway 34 near Kaufman, southeast of Dallas. As per the contract, Texas Sterling Construction will reconstruct an existing two-lane […]

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Medical Properties Trust acquires stake in Switzertland’s Infracore

US-based real estate investment trust Medical Properties Trust (MPT) has acquired a 46% stake in Swiss healthcare real estate company Infracore from its previous majority shareholder – Aevis Victoria for $236.5 million. The real estate of Infracore is valued at nearly $900 million which means the share of the new largest shareholder Medical Properties Trust […]

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