Energy & Green Tech

Microsoft makes renewable energy deal with Canada's Brookfield

Microsoft and Canada's Brookfield Asset Management have struck an agreement for the development of renewable energy that could make one of the biggest corporate purchases of green energy to date, the companies said on Tuesday.

Business

Siemens to sell electrical motors business to KPS

German industrial giant Siemens said Thursday it will sell its electrical motors business Innomotics to private US equity firm KPS Capital Partners for 3.5 billion euros ($3.8 billion).