Europe News

Banking

Duco debuts first agentic AI platform for financial post-trade operations

Financial technology provider Duco has launched an agentic operations platform designed to automate post-trade processes. Utilizing the Model Context Protocol, the system allows autonomous agents to handle data preparation and exception management, targeting the operational pressures of shrinking settlement windows and rising global transaction volumes.

2 days ago • United Kingdom

Renewable Energy

RP Global advances Croatia solar expansion with €14M Novalja project

Renewable energy developer RP Global has begun construction of a 21 MWp solar facility in Croatia’s Novalja region, marking a renewed phase of project execution in the country. The investment supports Croatia’s energy transition strategy and reflects continued foreign participation in the regional renewables market.

2 days ago • Croatia

Mergers & Acquisitions

Roche strengthens digital oncology diagnostics with acquisition of PathAI for $750 million upfront

Roche has signed a definitive merger agreement to acquire digital pathology and artificial intelligence developer PathAI for $750 million upfront and up to $300 million in milestone payments, scaling its automated clinical workflows globally.

2 days ago • Switzerland;United States

Climate & ESG

Hitachi Energy and Volvo CE partner to advance zero-emission construction sites

Hitachi Energy and Volvo Construction Equipment have signed a non-exclusive memorandum of understanding to co-develop integrated infrastructure and energy management systems. This partnership aims to accelerate the decarbonization of construction sites by transitioning from isolated electric machinery to fully integrated, emission-free ecosystems.

2 days ago • Sweden

Oil & Gas

Subsea7 secures EPCI contract for Vår Energi gas export project in Norway

Subsea7 has been awarded a substantial contract by Vår Energi to facilitate gas exports from the Goliat field in the Barents Sea. The project involves engineering, procurement, construction, and installation of a 12.7-kilometer pipeline to connect existing Norwegian energy infrastructure.

2 days ago • Norway

Renewable Energy

Power2X advances European green hydrogen footprint with Delfzijl plant construction

Power2X has finalized its investment decision to begin construction on the 20 MW Djewels green hydrogen facility in the Netherlands. Expected to launch in 2028, the project will utilize high-pressure electrolysis to supply regional industrial markets.

6 days ago • Netherlands

Oil & Gas

Subsea7 secures substantial Var Energi contract for Goliat gas export pipeline in Barents Sea

Subsea7 has been awarded a substantial contract by Vår Energi for the Goliat Gas Export Project offshore Norway, covering EPCI of a 12.7 km 10-inch carbon steel pipeline to connect the Goliat field to the Snøhvit pipeline system and Hammerfest LNG plant. Offshore operations are scheduled for 2027–2028.

6 days ago • Norway

Investments & Funding

Statkraft raises Norway investment forecast to NOK 80 billion for hydropower upgrades and wind expansion

Statkraft has increased its Norwegian investment forecast to NOK 80 billion, up from the previous estimate of NOK 44–67 billion in January 2024, driven by a larger project portfolio, inflation, and an extended horizon. Hydropower accounts for over NOK 70 billion, with wind power expected to more than double generation over the next decade.

6 days ago • Norway

Engineering & EPC

Mitie secures £26 million technical maintenance and energy management contract at AstraZeneca Macclesfield hub

Mitie has secured a £26 million facilities management contract at AstraZeneca’s Macclesfield biopharmaceutical campus. The agreement covers technical maintenance and data-driven energy optimization, supporting complex manufacturing operations while advancing corporate decarbonization and workforce training goals.

7 days ago • United Kingdom

Computer Hardware

EU approves €288 million German state aid for semiconductor supply chain facilities

The European Commission has approved €288 million in German State aid for two semiconductor supply chain facilities: €222 million for Carl Zeiss to build an EUV optical column facility in Oberkochen, and €66 million for Zadient Materials to build a silicon carbide source material plant in Bitterfeld. Both projects support European Chips Act objectives and are first-of-a-kind in Europe.

7 days ago • Europe;Germany

Telecom & Connectivity

JT Group completes Manx Telecom acquisition with CVC DIF partnership

JT Group has completed the acquisition of Manx Telecom following regulatory approvals, strengthening its position as the largest full-service telecoms provider across the Crown Dependencies. The partnership with CVC DIF supports next-generation network upgrades across Jersey, Guernsey, and the Isle of Man.

7 days ago • Guernsey;Isle of Man;Jersey

Hospitals & Healthcare

Medtronic expands pain management portfolio with $650 million acquisition of SPR Therapeutics

Medtronic has announced its intent to acquire medical technology firm SPR Therapeutics for an upfront cash payment of approximately $650 million. The deal will integrate a short-term, minimally invasive peripheral nerve stimulation system into Medtronic's neuromodulation business during the first half of its fiscal year 2027.

7 days ago • Ireland;United States

Renewable Energy

OnPath Energy partners with Wilson Forest Products for three South Lanarkshire wind farms

OnPath Energy has entered an option agreement with Wilson Forest Products for three onshore wind farms in South Lanarkshire: Bankend Rig II, Bankend Rig III, and Hawkwood, totalling 121 MW across 18 turbines. The projects, part of a £1 billion investment in Southern Scotland, will power approximately 150,000 homes and follow planning consents secured in 2025.

2 weeks ago • United Kingdom

Airports & Aviation

EBRD invests €50 million in SOF Connect bonds to support Sofia Airport upgrade

The European Bank for Reconstruction and Development has invested €50 million in the first bond issuance by SOF Connect AD, operator of Sofia Airport, as part of a €450 million financing package. The landmark transaction, listed on Euronext Dublin, is the first such debt issuance by a Bulgarian entity and includes refinancing bonds, CAPEX bonds, and a CAPEX loan facility.

2 weeks ago • Bulgaria