The Saudi Public Investment Fund (PIF) and Acwa Power have signed a memorandum of understanding (MoU) to explore opportunities to develop power and water infrastructure for PIF’s local real estate portfolio companies.
India's top construction conglomerate Larsen & Toubro (L&T) has announced that one of its key units has secured a batch of grid infrastructure orders - worth nearly Rs50 billion ($569 million) - for construction of 380 kV substation and transmission lines in Saudi Arabia.
GlobalData has announced the latest Financial and Legal Adviser League Tables, which rank advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the power sector during Q1-Q3 2025. JP Morgan and Rothschild & Co top the M&A financial advisers, while White & Case and Kirkland & Ellis lead as the top M&A legal advisers.
More than 10,000 flights across the US set to take off over the weekend were canceled as a monster storm started to wreak havoc on Saturday across much of the country and threatened to knock out power for days and snarl major roadways with dangerous ice.
