Vietnam has inaugurated its first LNG power plants, Nhon Trach 3 and 4, in Dong Nai Province. Built by Petrovietnam at a cost of USD1.4 billion, the 1,624 MW twin plants will generate over nine billion kWh annually to stabilise the national grid, particularly in the south. Prime Minister Pham Minh Chinh stated the project is crucial for national energy security, supporting the country's rapidly growing demand from high-tech sectors.
Toll Group has launched Singapore’s first decarbonisation hub dedicated to electric supply vessels, a 12-month proof-of-concept developed with Yinson GreenTech. The hub integrates electric marine transport, smart warehousing, and efficient trucking into one digitally connected operation.
The Supervisory Board of Vonovia SE has unanimously decided on two key Executive Board changes, appointing Katja Wünschel as the new Chief Development Officer (CDO) from June 1, 2026. Ms. Wünschel, a seasoned leader from the renewable energy sector, is expected to bring extensive experience in project management and large investment projects to Vonovia’s new housing and modular construction business.
ACWA Power and Bapco Energies have entered into a Joint Development Agreement for a major solar power plant situated in Saudi Arabia's Eastern Province. Announced at the Saudi–Bahraini Coordination Council meeting in December 2025, the project’s initiative is to support Bahrain's national energy needs and accelerate its shift to renewables, while reinforcing its role as a regional energy export hub.
DigiCo Infrastructure REIT has appointed Michael Juniper as its new Chief Executive Officer and Managing Director, Digital Infrastructure. Juniper, who previously helped scale AirTrunk into a leading Asia-Pacific hyperscale platform, is expected to accelerate DigiCo’s data centre expansion to meet surging demand for cloud and AI services. DGT Chair, Joseph Carrozzi AM, welcomed the appointment, citing Juniper's exceptional track record as uniquely qualifying him to guide the company.
Watts Water Technologies Inc., a world leader in water solutions, has successfully purchased Saudi Cast. This strategic purchase was completed on December 1, 2025. It was financed using Watts’ existing cash reserves. Saudi Cast brings annualised sales of about $20 million to Watts. The acquired business will now operate within the APMEA regional segment. The move expands Watts’ operational reach in the Middle East.
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