State-run Oil and Natural Gas Corp. (ONGC), JSW Group’s JSW Neo Energy, and Singapore’s Sembcorp Industries Ltd have been shortlisted to submit binding bids to buy a significant majority stake in Ayana Renewable Power...
Suzlon to acquire 76 pc stake in Renom Energy Services for Rs 660 cr
Renewable energy solutions provider Suzlon Group on Tuesday said it has executed definitive agreements to acquire 76% stake in Renom Energy Services Private Limited from the Maharashtra-based Sanjay Ghodawat Group. The...
Australia’s Woodside Energy to buy Texas ammonia project for $2.35 bln
Australia’s Woodside Energy said on Monday it will acquire OCI Global’s clean ammonia project in Texas for $2.35 billion as the energy firm advances its transition towards green energy. The acquisition...
France’s SocGen to buy 75% stake in energy-focused investment firm Reed Management
French bank Societe Generale said it had agreed to buy a 75% stake in Reed Management, an alternative asset management company dealing in the energy sector. The takeover will also see SocGen invest 250 million euros...
Hydrogen energy firm Huture to go public in $1 bln SPAC deal
Hydrogen energy firm Huture said on Tuesday it has agreed to go public in the U.S. through a merger with a blank-check firm Aquaron Acquisition Corp in a deal that would value the combined company at $1 billion. The...
Hedge funds make rival takeover bid for energy firm Martin Midstream
Hedge funds Nut Tree Capital Management and Caspian Capital said on Thursday they have made an offer for Martin Midstream Partners, aiming to scuttle a bid from the fuels storage and transporter’s largest...
Devon Energy to buy PE-backed Grayson Mill’s Williston assets for $5 bln
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...
