Eneos Holdings’ bid to take its subsidiary, roadbuilder and property developer Nippo Corp, private with Goldman Sachs is meeting opposition from activist fund manager Oasis Management, which says the offer price is too...
Equatorial Energia to buy renewables firm Echoenergia
Brazil’s Equatorial Energia SA said on Thursday it has agreed to buy Echoenergia in a deal that a person familiar with the matter said valued the renewable energy firm and its debts close to 10 billion reais ($1.8...
Portugal’s EDP in talks to buy majority stake in Sunseap – sources
Energias de Portugal is in advanced talks to buy a majority stake in Sunseap Group in a deal that will value the Southeast Asian renewables company at around S$1 billion ($742 million) and involve substantial...
Inox Wind arm inks pact to divest stake in six firms
Inox Wind on Monday said its arm Inox Wind Infrastructure Services Ltd (IWISL) has inked a share purchase agreement to sell its entire equity stake in six firms to wholly-owned subsidiary Resco Global Wind Services. The...
Origin Energy to sell stake in APLNG project for $1.58 billion
Origin Energy Ltd agreed to sell a stake of 10% in the Australia Pacific LNG project for A$2.12 billion ($1.58 billion) to investor EIG Partners, in the world’s first deal involving private equity in an operating...
Siemens inks pact to acquire 26 pc equity in Sunsole Renewables
Siemens Ltd said it has inked an agreement for subscription of 26 per cent paid-up equity share capital of Sunsole Renewables for Rs 1.6 crore. In a regulatory filing the company said that in its continuing efforts to...
Greece’s Public Power agrees grid operator stake sale to Macquarie
Public Power Corp. (PPC), Greece’s biggest power utility, has agreed to sell a minority stake in the country’s sole power grid operator HEDNO to Macquarie Asset Management, PPC and Macquarie said on...
Australia’s Senex gets $605 mln takeover offer from POSCO International, seeks more
Australian coal seam gas producer Senex Energy Ltd said it had received a $605 million takeover proposal from POSCO International Corp and was opening up its books to the South Korean trader with the aim of gaining a...
RIL invests in German solar wafer company NexWafe, signs pact with Danish hydrogen electrolyser firm Stiesdal
Reliance Industries, through its unit Reliance New Energy Solar Ltd (RNESL), has invested in German “green solar wafers” technology company NexWafe GmbH (NexWafe), and signed a pact with Danish company Stiesdal A/S for...
Mukesh Ambani buys two green firms in a day, brings REC Group and Pallonji’s Sterling into Reliance fold
After announcing the $771 million acquisition of REC Solar from ChemChina, Reliance Industries is also buying Sterling and Wilson Solar from its promoters, making a big splash towards its renewable energy foray, the...
New Zealand’s Z Energy recommends shareholder vote for Ampol takeover bid
New Zealand fuel supplier Z Energy said on Monday that it recommended its shareholders to vote in favor of Ampol Ltd’s NZ$1.97 billion takeover bid. “Board has been focussed on the best interest of Z shareholders and...
Eneos to buy Japan Renewable Energy for $1.8 billion -Nikkei
Eneos Holdings Inc, Japan’s biggest refiner, plans to buy Japan Renewable Energy for about 200 billion yen ($1.8 billion) from Goldman Sachs and Singaporean sovereign wealth fund GIC, the Nikkei business daily reported...
