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Opinion: Let's take a long-term view when judging hydro projects

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Gary Doer is a former premier of Manitoba and a former Canadian ambassador to the United States.
There’s an old Western Canadian saying: It’s always easier to curl from behind the glass. This has often applied to building hydroelectric projects in Canada: High capital costs lead the news; early assessments rarely feature the long-term benefits of low domestic rates, dependability and exports. But hydro’s importance in providing for two-thirds of Canada’s renewable energy requires a full analysis of costs and benefits. ....

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Куди піти у Києві у 2021 в локдаун: що подивитися, де погуляти

Куди піти у Києві у 2021 в локдаун: що подивитися, де погуляти
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Hydro Tasmania announces restructure of its operations, estimated 50 jobs to go

Hydro Tasmania announces restructure of its operations, estimated 50 jobs to go
WedWednesday 10
updated
WedWednesday 10
Cethana dam is part of Tasmania s hydro power scheme.
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Tasmania s state-owned electricity provider says around 5 per cent of its workforce around 50 full-time positions will go in the next 12 months under a restructure of its operations.
Key points:
Hydro Tasmania has announced it will shed 5 per cent of its workforce in the next 12 months, equivalent to 50 full-time jobs
The energy company says it needs to adapt to changing market conditions
Unions say they were not consulted by the business prior to the announcement ....

Evangelista Albertini , Hydro Tasmania , சுவிசேஷம் ஆல்பர்டினி , ஹைட்ரோ டாஸ்மேனியா ,

KPS Capital Partners to Acquire Aluminum Rolling Business from Norsk Hydro ASA

KPS Capital Partners to Acquire Aluminum Rolling Business from Norsk Hydro ASA
KPS to Leverage Successful Track Record Investing in Metals to Accelerate Growth
NEW YORK, March 5, 2021 /PRNewswire/ KPS Capital Partners, LP ( KPS ) today announced that it has signed a definitive agreement to acquire the global aluminum rolling business ( Rolling or the Company ) from Norsk Hydro ASA (NHY.OL, Hydro ) for €1.38 billion (approximately $1.67 billion). Completion of the transaction is expected mid-year 2021 and is subject to customary closing conditions and approvals.
The Company is one of the largest global manufacturers of aluminum rolled products, serving customers across a diversified set of end-markets including beverage can, automotive, foil packaging, and building and construction. The Company s assets consist of seven manufacturing facilities and one R&D center across Germany and Norway, including Alunorf, the world s largest aluminum rolling mill, and Grevenbr ....

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Aluminium maker Hydro sells Rolling unit in $1.65 billion deal

By Reuters Staff
2 Min Read
OSLO (Reuters) - Norwegian aluminium maker Norsk Hydro has agreed to sell its underperforming Rolling division to private equity firm KPS Capital Partners for 1.38 billion euros ($1.65 billion), Hydro said on Friday.
FILE PHOTO: Norwegian aluminium producer Norsk Hydro s CEO Hilde Merete Aasheim poses for a picture in the company s headquarters in Oslo, Norway, May 8, 2019, REUTERS/Terje Solsvik/File Photo
The division, which turns aluminium slabs into metal sheets used for packaging, automobiles and drinks cans among other products, had been under review since Hilde Merete Aasheim became Hydro’s chief executive in May 2019
“The sale of Rolling will strengthen our ability to deliver on our strategy, strengthening our position in low-carbon aluminium while exploring new growth in areas where our capabilities match global megatrends,” Aasheim said on Friday. ....

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