Financial Disclosure

Dunes Point Capital Sells NextGen Security to Apax Partners

Rye, N.Y. – September 16, 2026 -- Dunes Point Capital, LP ("DPC") has sold NextGen Security LLC to funds advised by Apax Partners LLP, exiting an electronic security integrator that operates across 8 locations.

NextGen serves regulated facilities across four end markets

Based in Exton, Pennsylvania, NextGen is an end-to-end integrator of electronic security systems for complex and regulated facilities. The company serves industrial, healthcare, education, and commercial end markets through its 8-location footprint.

Multiple advisory firms structured the transaction

William Blair & Company, L.L.C. and Raymond James & Associates, Inc. served as M&A advisors to DPC on the sale. Polsinelli PC acted as legal advisor, while Alvarez & Marsal Global Transaction Advisory Group provided financial due diligence services for the deal.

HD Hyundai to Invest $780M in New Ulsan Engine, SMR Plants

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HD Hyundai to Invest $780M in New Ulsan Engine, SMR Plants

Seoul, South Korea – September 16, 2026 -- HD Hyundai Heavy Industries will invest a combined KRW 1.0722 trillion to build a new land-based power generation engine plant and a dedicated small modular reactor (SMR) equipment facility, both in Ulsan, as it races to capture surging power demand from AI data centers.

New 3 GW engine facility targets 2028 startup in Ulsan

The company will spend KRW 833.6 billion on a 215,000-square-meter production complex in Onsan-eup, Ulju-gun, Ulsan, dedicated to HiMSEN engines for land-based power generation. The site will include engine assembly and testing, crankshaft machining, and engine block casting operations. Construction starts in the first quarter of next year, with completion targeted for May 2028 and full-scale operations to follow.

51Talk to Report Q2 2026 Earnings on September 15

Singapore – September 16, 2026 -- 51Talk Online Education Group (NYSE American: COE) will release its unaudited second-quarter 2026 financial results on Tuesday, September 16, 2026, before U.S. markets open.

Management to hold earnings call at 8:00 a.m. ET on September 15

The company's leadership will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on September 16, 2026, corresponding to 8:00 p.m. Singapore/Beijing/Hong Kong time the same day. The quarter under review covers the period ended September 16, 2026.

Live webcast and replay to remain accessible through September 22

A live and archived webcast of the call will be available on 51Talk's investor relations website. A telephone replay will be accessible approximately one hour after the live call concludes, remaining available until September 16, 2026.

ChipMOS August Revenue Jumps 33.3% YoY on AI Memory Demand

Hsinchu – September 16, 2026 -- ChipMOS Technologies Inc. reported August 2026 consolidated revenue of NT$2,785.7 million (US$88.0 million), up 33.3% from August 2025 but down 1.3% from July 2026.

AI-driven memory shortage lifts ChipMOS revenue 33.3% year-on-year

The Taiwan-based outsourced semiconductor assembly and test (OSAT) provider attributed the growth to a persistent AI-related demand/supply imbalance in the memory market. The August figure, based on an exchange rate of NT$31.67 to US$1.00, marks a slight sequential pullback from July but retains a substantial year-over-year gain.

Company ties capacity expansion strictly to confirmed customer orders

ChipMOS said it is working with customers to address both near- and long-term requirements while maintaining discipline in footprint expansion. New capacity additions are being aligned specifically with committed customer demand rather than speculative growth, the company said.

KfW IPEX-Bank Provides EUR250M for Berlin Power Grid Upgrade

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KfW IPEX-Bank Provides EUR250M for Berlin Power Grid Upgrade

Frankfurt am Main – September 16, 2026 -- KfW IPEX-Bank has agreed to provide financing of up to EUR 250 million to BEN Berlin Energie und Netzholding GmbH to fund investments in Berlin's electricity distribution network.

Funding targets grid reinforcement and renewable integration

The capital will support Stromnetz Berlin GmbH, the BEN subsidiary operating the grid, in expanding infrastructure to connect renewable energy sources, data centers and electric mobility. The financing is intended to enable targeted network reinforcement and expansion to meet rising demand.

BEN plans EUR3.6 billion in grid investment by 2030

The BEN group has outlined total investments of approximately EUR 3.6 billion through 2030 to strengthen and expand Berlin's network infrastructure.

Starlight Closes UK BTR Fund II at £680M, Targets 6,000 Homes

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Starlight Closes UK BTR Fund II at £680M, Targets 6,000 Homes

Toronto – September 16, 2026 -- Starlight Investments has closed its Starlight UK BTR Fund II with £680 million in total capital commitments across the fund and related investment vehicles, financing the acquisition and completion of more than 6,000 build-to-rent homes across the United Kingdom.

Fund II Secures Backing From Global Institutional Investors Across Three Continents

The fund drew commitments from a diverse group of global institutional investors spanning Europe, Asia-Pacific and Canada, including both existing limited partners and several new backers. Earlier this year, Homes England's National Housing Bank made a significant commitment to the fund, aligning the strategy with national efforts to expand the UK's undersupplied rental housing stock.

Tata Elxsi Takes Strategic Stake in Enterprise AI Platform KAVIA AI

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Tata Elxsi Takes Strategic Stake in Enterprise AI Platform KAVIA AI

Bengaluru – September 16, 2026 -- Tata Elxsi has made a strategic investment in KAVIA AI, a Silicon Valley-based enterprise AI platform company, deepening a partnership aimed at helping enterprises manage and modernize complex, brownfield software environments at scale.

Tata Elxsi backs KAVIA AI after a year of joint enterprise deployments

The two companies have worked together for the past year deploying KAVIA AI's platform across enterprise engineering use cases, tackling industry-specific product challenges, accelerated release cycles, quality assurance, resilience, and cybersecurity readiness. The investment formalizes and extends that collaboration.

ZEEKR Shooting Brake Tops 400,000 Units, Holds 70% Global Segment Share

Hangzhou – September 16, 2026 -- ZEEKR's Shooting Brake lineup delivered over 10,000 units globally in August, marking the third consecutive month of five-figure monthly deliveries and pushing cumulative worldwide sales past 400,000 units.

ZEEKR captures roughly 70% of the global Shooting Brake market

The milestone gives ZEEKR a commanding lead in the segment, with the brand's cumulative deliveries far outpacing rival offerings combined.

The 007GT leads H1 2026 segment sales with 26,738 units delivered

ZEEKR's total Shooting Brake sales exceeded 42,000 units in the first half of 2026, surpassing the combined total of every other brand competing in the category during the same period.

German Licensed Craft Trades Revenue Falls 1.4% in Q2 2026

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German Licensed Craft Trades Revenue Falls 1.4% in Q2 2026

Wiesbaden – September 16, 2026 -- Real revenue in Germany's licensed craft trades sector fell 1.4% in the second quarter of 2026 compared with the same period in 2025, the Federal Statistical Office (Destatis) reported in preliminary figures. Employment in the sector dropped 1.9% by the end of June 2026 versus a year earlier.

Six of seven trade groups post revenue declines as construction and food sectors lead losses

The finishing trades, commercial-need trades and food trades each recorded the steepest real revenue drops among licensed craft groups, falling 2.4% year-on-year in the second quarter. Main construction trades saw revenue decline 1.8%, followed by private-need trades at -1.6% and the health trade at -1.0%. The automotive trade was the only group to post growth, with revenue rising 0.4%.

Clean Hydrogen Investment Tops $130 Billion as 570 Projects Advance

Brussels – September 16, 2026 -- Committed investment in clean hydrogen has surpassed USD 130 billion globally, backing 6.9 Mtpa of capacity across more than 570 projects, according to the Hydrogen Council's Global Hydrogen Compass 2026 report co-authored with McKinsey & Company.

Ninety percent of tracked projects are already under construction or operational

Global operational capacity nearly doubled over the past year and is projected to double again in 2027 as projects under construction come online, the report states. The analysis draws on data from over 570 projects and perspectives from roughly 70 global CEOs.