Bloomberg Dubai’s Damac Properties PJSC surged to a two-year high on Sunday after saying its board will consider an acquisition within days. The Dubai-based property developer didn’t provide further information in a regulatory filing, but said its board will meet on December 23. Its shares climbed as much as 14.3%, the most in two months, to their highest levels since …

Bloomberg Danish electrolyser startup Green Hydrogen Systems A/S raised 28 million euros ($34.3 million) to scale up production of the technology that’s at the heart of the European Union’s climate goals. Competition is heating up among makers of the machines to capture a wave of orders that will make up the EU’s first generation of utility-scale green hydrogen production funded …

Bloomberg Austria’s biggest company, also one of Europe’s greenest utilities, is buying into natural gas pipelines to build a new hydrogen economy for power-hungry industries. Verbund AG’S decision to purchase a network of pipelines this year perplexed some analysts. Unlike German and Italian utilities expanding in green power across the continent, the Austrian utility opted to deploy cash in domestic …