Tag: agreement

SPX sells European power generation business

USA, North Carolina: SPX Corporation announced that it has entered into an agreement for the sale of its European power generation business to Mutares AG, a German-based publicly traded industrial holding company. The closing of the transaction is expected to occur by December 31, 2016, SPX announced in a statement.

Contract awarded for $13.1M substation project in Los Alamos

USA, New Mexico: Under an interagency agreement with the U.S. Department of Energy’s National Nuclear Security Administration (DOE/NNSA), the U.S. Army Corps of Engineers (USACE) has awarded a design-build substation contract at Los Alamos National Laboratory (LANL) to Gardner Zemke Mechanical and Electrical Contractors of Albuquerque.

Gambia River Basin energy project loan agreement gets approval

Gambia: Gambia’s National Assembly has ratified the Multinational Loan Agreement between the Republic of the Gambia and the African Development Fund on The Gambia River Basin Development Organisation Energy Project, which includes construction of a hydro-electricity dam on the River Gambia and associated infrastructure for the evacuation of energy to four neighbouring countries.