Empire Codex

Over the wall 📶

Being decided: In the US, wind developers are estimated to make 8.4 gigawatts of onshore capacity in 2024.

Winding it up: Copenhagen Energy Islands wants to invest over $160 billion on a series of islands that will use large wind turbines to create electricity.

Asset liquidation: Blackstone is selling the Arizona Biltmore hotel for $705 million.

Phone call: Apple sold 235 million iPhones in 2023.

Who’s listening: Overall, less than 7% of European banks’ assets are aligned with the bloc’s sustainable business activities.

Another valuation: Bilt Rewards raised equity which more than doubles its valuation to $3.1 billion.

The acquisition: Apollo agrees to buy stake in Applus for €300 million.

Selling shop: Haleon is selling ChapStick to Suave Brands for $510 million.

Raising capital: Khazanah Nasional Berhad looking to lead Oyo Hotel’s $400 million fund raise.

The report: Russia imported greater than $1 billion of advanced US and European chips in 2023.

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