Czech energy group EPH agreed to sell a 30 percent stake in its EP Infrastructure (EPIF) unit to an investor group led by Macquarie Infrastructure and Real Assets, EPH said on Monday. EPH scrapped plans for an initial...
Energy
Tesla, SolarCity shareholders vote on November 17 for merger
Tesla Motors Inc and SolarCity Corp said Wednesday in a U.S. securities filing that a vote to merge the two California-based companies will take place on Nov. 17. Also on Wednesday, Tesla said in a company blog:...
Mytrah close to raising Rs800 crore from Piramal SFG
Mumbai: Renewable energy producer Mytrah Energy India Pvt. Ltd is close to raising around Rs800 crore (about $120 million) from Piramal Enterprises Ltd’s Structured Finance Group (SFG), three people aware of the...
Reliance Infrastructure to sell power transmission business to Adani for Rs 2,000 crore
MUMBAI: Anil Ambani led-Reliance Infrastructure is in a pact to sell its power transmission assets to billionaire Gautam Adani’s Adani Transmission, to raise funds to pare debt. While the two companies did not disclose...
JSPL to sell 24 MW wind power project to IDFC Alternatives
Mumbai: Jindal Steel & Power Ltd (JSPL) Tuesday said it has agreed to sell its wind power project at Satara in Maharashtra to an infrastructure fund managed by IDFC Alternatives. The company did not disclose the...
Vedanta to invest $250-300 million to expand Hindustan Zinc production
Natural resources major Vedanta has said that it would invest around $250-300 million in expanding Hindustan Zinc’s capacity. The company also said for other businesses the focus would be utilising the existing...
TerraForm gives consent to SunEdison’s asset sale to Greenko
MUMBAI: TerraForm Global, a Nasdaq-listed clean-energy holding company currently embroiled in a $2 billion dispute with parent SunEdison, has given its consent to the bankrupt firm to pursue the sale of its entire...
TerraForm gives consent to SunEdison’s asset sale to Greenko
MUMBAI: TerraForm Global, a Nasdaq-listed clean-energy holding company currently embroiled in a $2 billion dispute with parent SunEdison, has given its consent to the bankrupt firm to pursue the sale of its entire...
Neoen considers IPO, stake sale to fund doubling renewables capacity
French renewable energy producer Neoen is considering an IPO or a stake sale to fund a doubling of its installed capacity to two gigawatts by 2020, its chief executive said. Neoen is one of several upstart French...
OPG plans to sell Lanco Anpara assets to raise Rs 1,600 crore
HYDERABAD: OPG Power, which has assured Lanco InfratechBSE 0.00 %’s lenders about gaining control over the latter’s coal-fired power assets holding company, is preparing to sell the 1,200-MW Lanco Anpara to...
Rice Energy announces acquisition of Vantage Energy
* Rice Energy announces acquisition of Vantage energy * Rice Energy – Deal for approximately $2.7 billion * Rice Energy – Rice Midstream Partners LP will purchase acquired midstream assets from co for $600...
U.S. Energy Regulator Examines Beefing Up Utility Merger Reviews
U.S. energy regulators are considering whether they need to tighten up the review process for utility mergers, in the latest attempt to crack down on price gouging. The Federal Energy Regulatory Commission may look to...
