Danish power company Ørsted has turned its focus to the European onshore windfarm market with the acquisition of Cork-headquartered Brookfield Renewable Ireland (BRI). The leading energy company in Denmark has entered into an agreement to acquire 100pc equity interest in BRI’s onshore wind business for €571m, though the final price will be subject to customary adjustments. BRI … [...] about Cork-based BRI acquired by Ørsted in onshore windfarm expansion
Europe
America’s Record-Setting Stimulus Could Power a Rebound in Other Countries
Washington’s robust spending in response to the coronavirus crisis is helping to pull the United States out of its sharpest economic slump in decades, funneling trillions of dollars to Americans’ checking accounts and to businesses.Now, the rest of the world is expected to benefit, too.Global forecasters are predicting that the United States and its record-setting stimulus … [...] about America’s Record-Setting Stimulus Could Power a Rebound in Other Countries
Europe’s top founders plan to streamline start-up ecosystem
EU commissioner Mariya Gabriel has today (30 March) met with leaders from some of Europe’s top start-ups and unicorns to work on a new EU policy for innovation. The group comprises 35 European companies that are either unicorns or on the path to become unicorns. It includes one from each EU member state as well as eight start-ups led by women. The selection was made by based on … [...] about Europe’s top founders plan to streamline start-up ecosystem
Grocery delivery start-up Gorillas hits unicorn status
Gorillas is an on-demand grocery delivery start-up that promises ultrafast deliveries in as little as 10 minutes. It was founded in Berlin in 2020 by Kağan Sümer and Jörg Kattner, and has already hit unicorn status. The start-up has just received $290m in Series B funding, with Chinese tech giant Tencent among its backers, bringing its valuation to more than $1bn. Other … [...] about Grocery delivery start-up Gorillas hits unicorn status
Ireland’s role in €3m EU project designing the future of democracy
The first of this month market the beginning of an EU-funded research project to examine participation and deliberation in democracies. The EUComMeet project has received €3m in funding under Horizon 2020, the EU’s funding instrument for research and innovation. It sets out to find an effective response to the challenges facing liberal representative democracies. To do this, … [...] about Ireland’s role in €3m EU project designing the future of democracy