Devon Energy said on Monday it had entered into a deal to acquire certain assets of Bakken-focused energy producer Grayson Mill Energy, which is owned by private equity firm EnCap, in a cash-and-stock deal worth $5...
China’s United Hydrogen to list on Nasdaq via $1.6 bln blank-check deal
Green energy company United Hydrogen Group said on Thursday it would be listing its shares on the Nasdaq via a blank-check merger that values the company at $1.6 billion. The deal, with blank-check firm Aimei Health...
UAE renewables company Masdar to buy Greece’s Terna Energy
United Arab Emirates renewable energy company Masdar said on Thursday it has reached an agreement to buy an initial 67% stake in Greece’s Terna Energy and intends to make a mandatory offer to buy the rest. Masdar...
UK’s Octopus Energy enters US renewables market with solar deal
British power supplier Octopus Energy has entered the U.S. renewables market for the first time with the acquisition of two solar energy farms, it said on Tuesday. The two sites – one in Ohio and one in...
Engelhart Commodities to buy energy business Trailstone
Engelhart Commodities Trading Partners has agreed to buy energy and technology company Trailstone Group to strengthen its global power and gas trading platform, the company said on Monday. Engelhart will buy Trailstone...
Aethon Energy to buy Tellurian upstream assets for $260 million
Aethon Energy said on Wednesday it would buy Tellurian’s upstream assets for $260 million and signed a deal that could allow the investment firm to purchase two million tons per annum of liquefied natural gas from...
Adani Energy Solutions buys Essar Transco for ₹1,900 crore
Adani Energy Solutions Ltd (AESL) said Thursday it has completed the acquisition of Essar Transco Ltd for an enterprise value of ₹1,900 crore after securing necessary approvals. The companies had signed agreements for...
Siemens to demerge and list its energy business
Siemens Ltd on Tuesday said it will demerge and list its energy business, on the lines of a global carve-out by its German parent three years ago. The new company will mirror the shareholding of Siemens Ltd, and...
Energy producers Santos, Repsol explore sale of stakes in Alaska oilfields, sources say
Oil and gas producers Santos and Repsol are exploring a sale of a minority stake in oilfields in Alaska they jointly own and develop in a deal that could be worth about $1 billion, according to people familiar with the...
Niagara Energy completes $1.36 billion takeover of Enel Peru unit
Niagara Energy has wrapped up a $1.36 billion share purchase in Enel Generacion Peru, giving the firm majority control over the local subsidiary of Italian utility Enel. Niagara, controlled by investment firm Actis...
Macquarie Asset Management to sell stake in UK offshore wind farm
Macquarie Asset Management, part of Macquarie Group, has agreed to sell a 10% stake in Britain’s East Anglia ONE offshore wind farm to renewable energy asset manager NTR. East Anglia ONE is a 714 megawatt wind...
Macquarie drops plan to sell India clean energy company Vibrant
Australia’s Macquarie Asset Management has called off plans to sell renewable energy platform Vibrant Energy due to a valuation mismatch in negotiations, said people aware of the development. Vibrant, a portfolio...
