15 March 2023
Innargi signs first contract in Germany
The geothermal energy company Innargi is going to investigate geothermal district heating in Kiel
Today, Innargi has signed an agreement with Stadtwerke Kiel to investigate the potential for geothermal district heating. The investigation is expected to be completed by the end of 2023 and if successful, Innargi is to build and operate several geothermal heating plants in Kiel.
“If we want to succeed in transitioning our energy sector, new tools must be used – and geothermal energy can play an important role in the heat supply of the future. Together with Stadtwerke Kiel, we are now investigating the potential for geothermal district heating, and I am convinced that in a few years, we will be able to make an important contribution towards the green transition of Kiel’s heat supply.”
News from the A.P. Moller Group
A.P. Moller Holding combines Maersk Supply Service with DOF Group and creates Maersk Offshore Wind
A.P. Moller Holding has entered into an agreement to combine its subsidiary Maersk Supply Service A/S with Norwegian DOF Group ASA (DOF Group) to create a leader supporting the offshore oil and gas industry. Maersk Supply Service’s innovative wind offshore installation concept will remain owned by A.P. Moller Holding as an independent offshore maritime company named Maersk Offshore Wind, focusing the growing global offshore wind installation market.
A.P. Moller invests in Tenderd
Tenderd is a global leader in digital transformation for heavy equipment management and operations.
Chetan Mehta, Head of Growth Equity at A.P. Moller Holding, said: “Tenderd is a leader within telematics solutions with a platform that offers real-time visibility and insights for heavy equipment across a range of industries. Their solutions enhance operational efficiencies, improve safety and mitigate carbon emissions. We are excited to be investing in Tenderd and we look forward to contributing to their continued growth.”
Novo Holdings and A.P. Moller Holding back CIRCTEC, a leader in pyrolysis for sustainable end-of-life tyre recycling, in a €150 million financing round
Novo Holdings and A.P. Moller Holding have enabled a €150 million fundraise for CIRCTEC by leading with a €75 million equity investment. Financing includes €22.5 million of grants awarded by the Government of the Netherlands.