U.S. residential solar installer Sunrun Inc said on Monday it will buy peer Vivint Solar for about $1.46 billion in an all-stock deal. Vivint Solar shareholders will receive 0.55 shares of Sunrun for each share held...
Australia’s Infigen backs revised Iberdrola takeover offer
Australian wind and solar firm Infigen Energy Ltd on Tuesday recommended an offer from Iberdrola to its shareholders, after the Spanish company waived most conditions from its A$856 million ($589 million) bid. Iberdrola...
Philippines firm bids $535 million for Australia’s Infigen Energy
Philippine conglomerate Ayala Corp has made a bid worth A$777 million ($535 million) to buy Infigen Energy, pouncing on the Australian renewables company at a time when wind and solar firms are battling falling power...
Eni appoints Citi to sell Australia gas assets: sources
Italian energy group Eni is working with investment bank Citi to sell natural gas assets in Australia that could fetch up to $1 billion, sources said. The sale, which is expected to be launched next week in a two-round...
Suzlon board okays proposals to restructure outstanding debt, bonds dues
Suzlon Energy on Saturday said its board has approved various proposals to facilitate debt and bond restructuring. Recently, the company got approval from lenders as well as bondholders to restructure outstanding debt...
Tallgrass shareholders approve Blackstone-led buyout of pipeline operator
Tallgrass Energy shareholders on Thursday backed a buyout by a Blackstone-led group that valued the U.S. oil pipeline operator at $6.3 billion, a rare case of a pre-market crash deal going ahead without a price cut...
Suzlon Energy bondholders okay resolution plan for $172 million bonds
Suzlon Energy on Monday received approval from bondholders for a resolution plan for outstanding securities of $172 million, the company said. The company had called a meeting of bondholders on April 6 seeking their nod...
Israel’s Delek to sell rest of desalination firm IDE for $44 million
Israeli energy conglomerate Delek Group said on Monday it agreed to sell its remaining stake in water desalination company IDE Holdings for 164 million shekels ($44 million) in cash to Alpha Water. The deal is subject...
Brazil’s Eneva acquires 0.5% stake in AES Tiete amid merger talks
Brazilian energy company Eneva said on Thursday it has acquired a 0.5% stake in AES Tiete to enjoy shareholder benefits and take part in general assemblies while it negotiates a merger with the company. On March 1...
Creditors of KSK Energy Ventures pass a resolution for its liquidation
The Committee of Creditors of independent power company KSK Energy Ventures Limited has recommended liquidation of the company after the failure to secure any resolution plan under the insolvency procedure. During a...
Brazil energy company Eneva proposes $1.5 billion merger with rival AES Tiete
Brazilian energy company AES Tiete said on Monday it had received a merger proposal from Eneva, a proposed 7 billion real ($1.5 billion) deal that would create a giant in power generation. Shares in AES Tiete were up 18...
SBI approves Suzlon’s debt revamp proposal
State Bank of India (SBI) has approved a restructuring plan proposed by Suzlon Energy Ltd as the first step towards saving the stressed wind power firm, according to two bankers familiar with the matter. Under the...
