Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk said on Monday he was working with Silver Lake Partners and Goldman Sachs Group Inc (GS.N) for financial advice on his proposal to take the electric car company...
Energy
Innogy sells stake in $2.6 billion wind project to Japanese firms
German energy group Innogy will sell a 41 percent stake in its 2 billion pound ($2.6 billion) offshore wind farm Triton Knoll to Japan’s Electric Power Development Co and Kansai Electric Power Co, it said on Monday. The...
Energy tech firm Climate Connect looks to raise $10 million
London-based Indian energy start-up Climate Connect is seeking to raise $5-10 million in Series B funding within the next six months, the company’s founder and chief executive officer (CEO) Nitin Tanwar said. Climate...
Greece to shortlist two schemes in Hellenic majority stake sale: sources
Anglo-Swiss Glencore Energy (GLEN.L) and Swiss Vitol will be qualified to submit a binding bid for a majority stake in Greece’s biggest oil refiner Hellenic Petroleum (HEPr.AT), sources close to the process said on...
Thai PTT to buy Engie’s Glow in power deal that could be worth more than $4 billion
Thai energy giant PTT Pcl (PTT.BK) said it will buy domestic power firm Glow Energy Pcl (GLOW.BK), controlled by French giant Engie SA (ENGIE.PA), in a deal that could be worth more than $4 billion as it seeks to play a...
SandRidge approached by 17 suitors, Icahn says not to bid soon
SandRidge Energy Inc (SD.N) said on Friday it had been approached by 17 potential bidders for a buyout, including billionaire Carl Icahn who is fighting for control of the oil and gas producer’s board. The activist...
Continuum’s founder may buy Morgan Stanley’s stake
Continuum Wind Energy founder Arvind Bansal is looking to buy back Morgan Stanley’s majority stake in the company’s 400MW wind energy platform, said two people aware of the development. Morgan Stanley Infrastructure...
GCL-Poly to sell 51 percent stake in unit to Shanghai Electric
GCL-Poly Energy Holdings Ltd (3800.HK) said it would sell a 51 percent stake in a photovoltaic developing unit to industrial equipment maker Shanghai Electric Group Co Ltd (601727.SS) at a price yet to be determined...
Devon Energy to sell some midstream stakes to cut debt, sharpen focus
Oil and gas producer Devon Energy Corp (DVN.N) said on Wednesday it would sell its stakes in pipeline operator EnLink Midstream for $3.13 billion to pare debt and focus on its core shale business as crude prices hover...
ConocoPhillips prepares to sell stake in Canada’s Cenovus – sources
ConocoPhillips (COP.N) is preparing to offload its stake in Cenovus Energy Inc (CVE.TO), which it acquired as part of an asset sale to the Canadian oil and gas producer last year, people familiar with the matter told...
Santos shares set to slide after snubs $10.8 billion takeover offer
Shares in Santos Ltd (STO.AX) are expected to drop at least 10 percent after the Australian gas producer rejected a $10.8 billion takeover offer from U.S.-based Harbour Energy, analysts said on Wednesday. Santos late on...
Suzlon in talks to sell 300 MW of wind power assets
Suzlon Energy Ltd, which is exploring the sale of 300 megawatts (MW) of wind power assets, has hired an investment bank to manage the process, said two people aware of the development. The assets are part of Skeiron...
