Technology

Abu Dhabi’s ADQ and Energy Capital in $25billion deal to power data centres
Abu Dhabi-based investment and holding company ADQ and Energy Capital Partners (ECP), the largest private owner of power generation and renewables in the United States, have entered into an agreement to establish a 50-50 partnership in new build power generation and energy infrastructure, the companies announced.

Emerson finalises acquisition of AspenTech for $7.2 bn
Emerson has completed its acquisition of all outstanding shares of AspenTech, finalising a transaction valued at $7.2 billion.

Baker Hughes and Woodside Energy to develop small-scale decarbonisation solution
Baker Hughes and Woodside Energy announced on Thursday a joint initiative to develop a lower carbon power generation technology solution utilising the Net Power platform that is specifically designed for oil and gas (including LNG), heavy industries and other smaller scale applications.