June
Citadel Buys Goldman Alum’s Company to Trade Power in Japan
Ken Griffin’s Citadel is buying Energy Grid Corp., a company that trades and sells power products, as the hedge fund firm expands its commodities business in Japan.
Egypt’s $10 Billion Wind Farm Is Poised to Break Ground in 2026
Construction of one of the world’s biggest wind farms in Egypt will begin by March 2026, a company involved said, as grueling power cuts during a broiling summer highlight the North African nation’s energy needs.
VW Latches Onto Rivian in $5 Billion EV Pact to Regain Momentum
Volkswagen AG is taking another swing in its long struggle to catch up with Tesla Inc., plowing $5 billion into a tie-up with the US company’s closest would-be rival, Rivian Automotive Inc.
