Shein's Potential London IPO Could Revitalize LSE Amid Geopolitical Tensions 
Burger King’s Largest Franchisee Carrols, Acquired by RBI for $1 Billion, $500M Revamp 
Cancer drug pollution is a growing global concern 
Rishi Sunak wants to cut the cost of ‘sicknote’ Britain 
Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts 
Why banks consider renewable energy to be a riskier investment than fossil fuels 
Converse Faces Job Cuts as Nike Aims for $2 Billion in Cost Savings 
Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon 
High interest rates aren’t going away anytime soon – a business economist explains why 
Coca-Cola Launches Data-Driven Insights Platform for Retail and Foodservice Industries 
Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments 
Nigerians throw naira notes around to show love: but it could land you in jail 
Supporting ‘democracy’ is hard for many who feel government and the economy are failing them 
Hanwha Solutions Corp. is acquiring a 100 percent stake in French wind and solar power plant operator RES Mediterranee SAS for $860 million to enhance its presence in Europe’s renewable energy market.
The latest deal, which Hanwha seeks to close by the end of October, is part of the conglomerate’s aggressive move to nurture renewable energy among its key growth drivers.
The deal also marks the first time Hanwha invested close to one trillion won in the renewable energy sector.
RES Mediterranee is one of the top 10 renewable energy companies in France, operating five gigawatts of wind farms and solar parks.
Hanwha Solutions competed with the likes of Total and Germany’s RWE to clinch the deal.
RES Group claims to be the world’s largest independent renewable energy firm, having built projects with a total generating capacity of 21 GW across the globe. It has an operational asset portfolio of over 7 GW for clients.
The acquisition of RES Mediterranee will bring Hanwha's total renewable energy generation capacity to 15 GW.
