Italian infrastructure fund F2i and Spain’s Asterion have reached an agreement to buy Italian energy group Sorgenia, the company said on Monday. The preliminary agreement to buy the company will be signed by January...
Energy
MET Energy Holding plans billion-euro M&A deals in Europe: CEO
Swiss-based MET Energy plans to expand rapidly in Europe over the next three years via acquisitions worth at least 1 billion euros ($1.10 billion) once a deal with Singapore conglomerate Keppel Corporation is finalised...
SoftBank sister firm to invest $4 bn in Gujarat’s renewable energy sector
SB Energy, a sister company of Soft Bank of Japan, has announced that it will invest USD 4 billion or Rs 30,000 crore in renewable energy sector in Gujarat, a state government release said on Friday. The announcement...
Carbon markets pioneer Moura Costa buys back EcoSecurities from Mercuria
Pedro Moura Costa, a pioneer of carbon markets in the 1990s, and partner Pablo Fernandez are buying back from Swiss trader Mercuria Energy Group Ltd the low-carbon projects’ developer and carbon credit generator...
A2A,EPH to present ‘serious’ bid for Sorgenia by December 15 deadline
Italy’s A2A and Czech utility EPH will submit a binding offer for energy company Sorgenia by the deadline of Dec. 15, A2A’s chief executive said on Tuesday. “The next stage is Dec. 15, we should be at a decisive moment...
Mahindra in final lap to sell solar portfolio
Mahindra Susten, the renewable business arm of Mahindra group, has got binding offers from CLP India and the Piramal Group for its 160 megawatts (MW) solar assets, said two people aware of the development, requesting...
Comstock in talks to buy Chesapeake’s Haynesville assets – sources
Dallas Cowboys owner Jerry Jones’ Comstock Resources is in talks to buy Chesapeake Energy Corp’s Haynesville shale assets in Louisiana, according to two people familiar with the matter. A deal could be worth more than...
Abu Dhabi’s Masdar to buy minority stake in Hero Future Energies
Abu Dhabi Future Energy Co. PJSC, also known as Masdar, one of the largest developers of renewable energy in West Asia, is picking up a minority stake in Hero Future Energies Pvt. Ltd, a renewable energy company owned...
Siemens Gamesa to buy assets from wind turbine maker Senvion
German-Spanish wind energy company Siemens Gamesa has agreed to buy selected European assets from insolvent German wind turbine manufacturer Senvion for 200 million euros ($223.04 million). Siemens Gamesa said the...
DTE Energy expands pipeline unit with $2.25 billion gas network deal
DTE Energy’s midstream business said on Friday it would buy a natural gas gathering system and pipeline in Louisiana’s Haynesville shale formation for $2.25 billion in cash, expanding the unit’s operations to the Gulf...
Australia’s AGL Energy tiptoes into telcos after scrapping Vocus bid
Australia’s AGL Energy Ltd on Wednesday offered to buy local telecom firm Southern Phone Company in its second attempt this year to expand into the telco sector, aiming to cross-sell broadband and data to its large base...
Lenders approve JSW Energy’s resolution plan for Ind-Barath’s 700 MW power plant
JSW Energy Ltd, the power generation business of Sajjan Jindal’s JSW Group, on Monday said that a committee of creditors overseeing the insolvency resolution of Ind-Barath Energy (Utkal) Ltd, has approved a resolution...
