AGP Executive Report
Last update: 10 hours agoEnergy & Industry: Shell has named Felix Farber as new executive vice president for its low-carbon unit, as the group continues to retreat from renewables and sell assets, including a deal to transfer 500 MW of operating wind/solar capacity and a 3.5 GW pipeline (with battery storage) across Italy, the UK and Spain to TotalEnergies. Renewables Expansion: PPC Group is entering Poland by buying a 277.3 MW wind/solar portfolio from EDP Renewables, including 175.4 MW operating assets and 101.9 MW under development. Macroeconomy: Italy’s industrial output fell 1.0% month-on-month in June, a weaker-than-expected print that clouds the euro zone’s outlook. Finance & Telecom: Fastweb + Vodafone reported H1 2026 revenues of €3.47bn, down 3.3% year-on-year, citing a tougher market and a declining customer base. Business & Growth: Italian unicorn Bending Spoons has agreed to buy Airtable for about $1.29bn in its first deal since going public. Sports Media: Canal+ secured exclusive UEFA club competition rights across Sub-Saharan Africa through 2031.
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