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...
Energy
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...
Canada’s Secure Energy to buy Tervita as oil deals speed up
Canada’s Secure Energy Services Inc said on Tuesday it would buy waste management services firm Tervita Corp in an all-stock deal valued at C$478 million ($379.5 million), the latest consolidation in the country’s oil...
QEP shareholder rejects Diamondback’s proposed buyout offer
QEP Resources Inc shareholder Glazer Capital LLC on Tuesday rejected Diamondback Energy’s proposed acquisition of QEP, calling the deal value “materially inadequate.” Glazer Capital, which owns about 5.7% of QEP’s...
Eni could list minority stake in new retail-renewable business – source
Energy group Eni is looking to spin off its new retail and renewable energy business next year and could list a minority stake to raise money to bankroll the company’s energy transition, an industry source close to the...
Mytrah Energy explores merger for SPAC listing
Mytrah Energy India Pvt. Ltd is exploring a merger with other green energy firms in India to create a bigger entity ahead of a US listing plan through the special purpose acquisition company (SPAC) route option, said...
Brazil’s antitrust watchdog approves ethanol co Biosev acquisition by Raizen
Brazil’s antitrust watchdog CADE approved the acquisition of ethanol producer Biosev SA by Raizen, a joint venture between Brazilian ethanol producer Cosan SA and Royal Dutch Shell PLC. The cash and stock deal was...
Total sells part of wind and solar portfolios to French banks
French energy group Total has agreed to sell off stakes in some wind and solar farms to Credit Agricole Assurances and Banque des Territoires, which Total said would boost its cash flow and return on equity. The oil and...
GIP looks at Vector Green InvIT to raise $100 million
US-based Global Infrastructure Partners (GIP) is exploring an infrastructure investment trust (InvIT) for its Indian green energy platform, Vector Green Energy, to raise around $100 million in equity, two people aware...
