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Licious eyes $80 million in funding at $800 million valuation

Licious eyes $80 million in funding at $800 million valuation SECTIONS Share Synopsis TPG, General Atlantic, PremjiInvest and Multiples Alternate Asset Management are in talks to invest in the Vertex and 3one4 Capital-backed company. ETBrandEquity Mumbai: Gourmet meat startup Licious is eyeing $80 million in capital at a valuation of $800 million, sources close to the development said, in a round that will see new as well as existing investors participate. TPG, General Atlantic, PremjiInvest and Multiples Alternate Asset Management are in talks to invest in the Vertex and 3one4 Capital-backed company, the sources said. Liking this story? SUBSCRIBE We ll soon meet in your inbox.

UK: Wood partners with Spirit Energy on late life solutions for Morecambe Bay gas fields

Wood has entered into a new agreement with Spirit Energy to partner on the delivery of late life solutions for the Morecambe Bay gas fields, one of the UK’s largest gas accumulations.

Norway s Ministry of Petroleum and Energy offers 61 production licenses in APA 2020

Norway s Ministry of Petroleum and Energy offers 61 production licenses in APA 2020 19 Jan 2021 The Norwegian Ministry of Petroleum and Energy has offered 61 production licenses to 30 companies on the Norwegian continental shelf in the Award in Pre-Defined Areas 2020 (APA 2020). I am pleased to offer 61 new production licenses in this year s APA round to a diverse range of companies. These companies have shown great interest in gaining access to new exploration acreage, illustrating the industry s confidence in continued profitability from exploration on the Norwegian continental shelf. This is good news for the Norwegian state as resource owner, says Minister of Petroleum and Energy, Tina Bru.

Total issues hybrid bonds to finance its development strategy in renewables

Total SE has successfully issued perpetual subordinated bonds in the amount of €3 billion. The proceeds from the bonds will be used to finance its development strategy, mainly acquisitions, in renewables, in particular €1.7 billion for the acquisition of a 20% interest in Adani Green Energy.

Aker Horizons acquires Mainstream Renewable Power to create a renewable energy major

Aker Horizons acquires Mainstream Renewable Power to create a renewable energy major 19 Jan 2021 Aker Horizons, has agreed to acquire 75 percent of Mainstream Renewable Power, a leading independent renewable energy company within onshore and offshore wind and solar. The Transaction values the current equity of Mainstream at EUR 900 million on a 100 percent basis and gives Aker Horizons a portfolio of projects in operation and under construction of about 1.4 GW, a project development pipeline of about 10 GW and a further 10 GW of identified project opportunities. Aker made a step change in the last year, taking a position within renewable energy production, green technologies, digitalization and other mega trends that have seen accelerating flow of resources and capital, not just in Aker, but in global markets. Combining Mainstream’s global organization and renewable assets with Aker’s 180-year track record of building and developing industrial companies is another step in l

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