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German Renewables Firm Blue Elephant Gets New Investor, Scraps IPO

FRANKFURT : Blue Elephant Energy has secured a 75 million euro ($89 million) equity investment from Germany’s billionaire Struengmann family and scrapped plans for an initial public offering (IPO), the renewable energy company said on Wednesday. Athos, the Struengmann family vehicle that also has a majority stake in COVID-19 vaccine maker BioNTech (22UAy.DE), will receive […]

Putin says it’s impossible for some EU countries to ditch Russian oil now – EQ Mag Pro