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Rolls-Royce signed a contract to supply over 200 MTU Series 4000 natural gas gensets with a total power output of 430 MW to VPower Group, starting October 2019. This is the largest order for MTU gas gensets ever.
Itqan Investments, VPower Group and CITIC Pacific have acquired Byrne Equipment Rental LLC, a GCC rental equipment supplier, for approximately AED 1 billion. The deal includes Spacemaker, Byrne Technical Services and Byrne Medical Equipment Rental.