Day: June 27, 2024

Berry Burn wind parkStatkraft’s Berry Burn wind park in Scotland.Talayuela solar parkStatkraft’s Talayuela solar park in Spain.Dörverden hydropower plantDetail from Statkraft’s Dörverden hydropower plant in Germany.Statkraft will prioritise growth of its core business and optimise its portfolio through selective divestments. The sharpened strategy will prioritise investments in Norwegian hydropower, market operations, and growth in solar, wind, and batteries in Europe and selected international markets. Statkraft will continue to build options for offshore wind and hydrogen, but plans to divest the district heating business and find investors in the biofuels company Silva Green Fuel and the EV charging company Mer. “Statkraft has in recent years built a strong position and an attractive portfolio...

Emmanuel Ladent, CEO, CARBIOS (fifth from right) and Zhu GuoYang, President of Zhink Group (fourth from right)Emmanuel Ladent, CEO, CARBIOS (fifth from right) and Zhu GuoYang, President of Zhink Group (fourth from right) surrounded by their teams at Zhink Group’s Headquarters in Hangzhou, China This partnership would allow Zhink Group to meet its leadership ambitions through increased recycled PET capacities and sustainable competitiveness by offering recycled PET from enzymatic recycling This agreement confirms strong traction for CARBIOS biorecycling technology in China, the world’s leading PET producer Based in China, the future plant will depolymerize minimum 50k tons of PET waste per year, with potential to expand capacities, to serve regional and global packaging and textile markets  Clermont-Ferrand (France) and Hangzhou...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted.) TORONTO, June 26, 2024 (GLOBE NEWSWIRE) —  Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd has sold a 9.7% equity interest in CSB Bank Limited (“CSB Bank”) over the stock exchange in India (the “CSB Bank Sale”) for gross proceeds of INR 5.9 billion (approximately $70 million at current exchange rates) in order to comply with the dilution requirements of the Reserve Bank of India (“RBI”), the banking regulator in India. As a result of the CSB Bank Sale, Fairfax India’s share ownership in CSB Bank will be reduced to 40% and Fairfax India...

Salt Lake City, June 26, 2024 (GLOBE NEWSWIRE) — Recursion Pharmaceuticals, Inc. (“Recursion”) (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced the pricing of its underwritten public offering of 30,769,230 shares of its Class A common stock at a price to the public of $6.50 per share. All of the shares are to be sold by Recursion. In addition, Recursion has granted the underwriters a 30-day option to purchase up to an additional 4,615,384 shares of its Class A common stock.  Before deducting the underwriting discounts and commissions and estimated offering expenses, Recursion expects to receive total gross proceeds of approximately $200 million, assuming no exercise of the underwriters’ option to purchase additional shares. The offering is expected to close...

BEND, Ore., June 26, 2024 (GLOBE NEWSWIRE) — BranchOut Food Inc. (NASDAQ: BOF) (“BranchOut” or the “Company”), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced the pricing of its underwritten public offering of 1,750,000 shares of common stock at a public offering price of $0.80 per share. The gross proceeds from the offering, before underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to be approximately $1,400,000. In addition, the Company has granted the underwriters a 45-day option to purchase up to 262,500 additional shares of common stock at the public offering price, less the underwriting discounts. The offering is expected to close on or about June 28, 2024, subject to the satisfaction of customary closing...