EVOS TERMINALS
Adani Group to seek $1.5 billion for data center financing
Adani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to finance its data center expansion. The joint venture AdaniConneX with EdgeConneX is involved in discussions with various lenders. Plans include investing around $100 billion in digital infrastructure by 2035, enhancing their energy business. Meanwhile, Reliance conglomerate is also investing significantly in artificial intelligence infrastructure.
Adani Ports makes $3.3 billion play for Evos Terminals
Adani Ports has submitted a binding $3.3 billion bid for Evos Terminals, a European liquid-storage operator with eight terminals across five countries, as it looks to expand overseas and build exposure to energy-transition infrastructure. The move follows APSEZ’s unsuccessful bid for Associated British Ports and reflects a broader push into global ports, container assets and liquid terminals.
Adani Ports floats unit in Oman, seen closing in on Salalah Port
Adani Ports and Special Economic Zone is incorporating a new company in Oman. The current operator of Salalah Port will not extend its concession agreements expiring in 2028. This development suggests a potential deal between Adani Ports and the Oman government. The company is evaluating over 20 international assets for acquisition opportunities. Analysts believe this indicates a strong possibility of Adani Ports securing Salalah Port operations soon.
MAN Truck & Bus expects India to be one of its top 5 non-European markets by 2020
In an interview to Sharmistha Mukherjee, he says demonetisation has hit sales, but the situation should improve by the second half of 2017.
Jindal Steel and Power Ltd wins $22.5 million arbitration against Bolivian firm
Jindal commenced arbitration before the International Chamber of Commerce (ICC) of Paris and sought recovery of $ 18 million principal, plus interest.
