North America’s freight rail customers, from grain shippers to logistics companies, are choosing sides as Canadian Pacific Railway Ltd and Canadian National Railway fight to buy Kansas City Southern. A takeout of KCS...
Brazil’s IG4 bids $916 mln to become a top shareholder in Chilean miner SQM -sources
Brazilian private equity firm IG4 Capital has delivered a $916 million bid to buy into holding companies that have large stakes in Chilean lithium miner Sociedad Quimica y Minera de Chile, known as SQM, two sources with...
Facebook signs first deal to buy renewable energy in India
Facebook has signed a deal to buy renewable energy in India from a local firm’s wind power project, the social media giant’s first such deal in the South Asian nation, the companies said on Thursday. The 32...
Tatas call off renewable power deal with Petronas
After year-long negotiations, the Tatas have terminated their near $2- billion investment deal with Malaysian state-owned oil and gas company Petroliam Nasional Bhd (Petronas) in Tata Power’s proposed renewable energy...
Former Credit Suisse exec backed SPAC to take robotics firm Sarcos public
Sarcos Robotics Inc said on Tuesday it will go public through a merger with a blank-check firm backed by former Credit Suisse USA chief Brian Finn, in a deal valuing the combined company at $1.3 billion. The deal with...
Sempra Energy to sell 20% stake in unit to KKR for $3.37 billion
Energy infrastructure company Sempra Energy said on Monday it would sell a 20% stake in its new business platform, Sempra Infrastructure Partners, to investment firm KKR for $3.37 billion in cash. The sale was flagged...
UK’s Octopus Energy to acquire sister renewables company
British energy supplier Octopus Energy Group said on Friday it would acquire its sister company and clean energy investor Octopus Renewables, making it one of the biggest renewables operators and investors in Europe...
Macquarie prepares gas pipeline Open Grid Europe for sale – sources
Macquarie is preparing Open Grid Europe (OGE), Germany’s top gas transmission system operator, for sale in a deal potentially worth about 6 billion euros ($7 billion), people familiar with the matter said. Macquarie’s...
Adani Green to buy Shapoorji Pallonji arm’s 75mw-solar assets
Adani Green Energy (AGEL) has entered into an agreement with Sterling & Wilson Private, a privately held company of the Shapoorji Pallonji Group, to acquire the latter’s 100% stake in two special purpose...
Greenko raises $940 million through latest bond issue
Greenko Energy Holdings has raised $940 million for refinancing through its latest bond issue that closed on Monday, with the demand for Moody’s Investors Service’s Ba1 rated bond being over $2.5 billion...
Adani Green raises ₹9,785 cr in one of Asia’s largest project financial deals
Adani Green Energy Ltd (AGEL) said on Thursday it has raised a 1.35 billion dollars (about ₹9,785 crore) debt package for its under-construction renewable asset portfolio through definitive agreements signed with a...
Tilt Renewables agrees to $2.1 billion takeover, shares hit record
New Zealand’s Tilt Renewables Ltd said on Monday it would be acquired by a consortium including its second-largest shareholder and Australia’s AGL Energy Ltd for NZ$2.94 billion ($2.10 billion), sending its shares to an...
