Monbat to acquire 66.66% of STC
Monbat, a car battery maker, has announced that its board has approved the acquisition of a 66.66% stake in Italian engineering company Science Technology & Consulting (STC) for an undisclosed price.
The acquisition will allow Monbat to introduce new services, such as electrolyte recovery, heavy and light plastics separation and recycling, hydrometallurgical conversion of lead paste in lead oxide, ultrapure lead oxide production and ultrapure lead oxide reduction at low temperatures, used in new battery production and many other technologies owned by the company.
Country updates
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July 29, 2019
Total Eren closes 650 MW acquisition facility in Europe
Total Eren has announced the closing of the Novenergia transaction, which involves the acquisition of more than 650 MW of renewable assets across Europe and raising of a EUR250 million (US$281 million...
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June 27, 2019
Eurohold signs deal to acquire Bulgarian assets of CEZ Group
Eurohold has entered into an agreement to acquire the Bulgarian assets of Czech utility CEZ for EUR335 million (US$377.9 million). CEZ Group’s assets in Bulgaria include a power util...
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April 30, 2019
CEZ terminates a contract to sell its Bulgarian assets to Inercom
CEZ announced that it has terminated a contract to sell its assets in Bulgaria to Inercom due to "unlawful obstructions" by Bulgarian authorities. Inercom’s acquisition of CEZ Bulgaria was...
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April 10, 2019
Total Eren completes purchase of NovEnergia Holding Company (NHC)
French renewable independent power producer (IPP) Total Eren has completed the purchase of NovEnergia Holding Company (NHC), a southern European power firm, after the approval of all stakeholders and...
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February 04, 2019
Samsung completes sale of 43 MWp Bulgarian solar assets
Samsung, through its unit, Samsung C&T Corp, has completed the sale of its 43 MWp solar photovoltaic portfolio in Bulgaria to Germany's KGAL and Czechia-based Portanero Invest, a unit of...
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