Seven Generations Energy Ltd * Seven generations closes acquisition of Montney Nest assets that significantly expand high-growth Kakwa river project * With acquisition complete, 7G’s 2016 production guidance is...
FTC closes probe into scrapped merger of Williams, ETE
U.S. antitrust enforcers said on Thursday that they have formally closed their probe into the now-scrapped merger of Energy Transfer Equity, LP (ETE.N) and the Williams Companies (WMB.N). The Federal Trade Commission...
Tata Power arm closes $30 million stake sale in OTP Geothermal
NEW DELHI:: Tata PowerBSE -0.65 % today said its Singapore-based subsidiary Tata Power International Pte (TPIPL) has completed the sale of its 50 percent stake in OTP Geothermal Pte to KS Orka Renewables (KS Orka) for...
Azure Power in talks to sell stake to Brookfield to raise Rs 500 crore
MUMBAI: Azure Power Global is in talks with Canadian asset manager Brookfield to raise as much as Rs 500 crore by selling a significant minority stake to fund the Delhi-based clean energy firm’s plans to expand...
Chesapeake to sell interests in Barnett shale operating area
Chesapeake Energy Corp said on Wednesday it agreed to sell its interests in the Barnett shale operating area to private equity-backed Saddle Barnett Resources LLC. The company also cut its average daily production rate...
SolarCity says proposed Tesla acquisition to delay project financing by about 30 days – Conf Call
SolarCity Corp * SolarCity Corp says project financing delays of about 30 days due to the proposed Tesla acquisition * SolarCity says cash balance expected to increase by the end of Q3 and to further increase by the end...
Inter Pipeline says $1.35 bln acquisition of Canadian NGL midstream business
Inter Pipeline Ltd * Inter Pipeline announces $1.35 billion acquisition of Canadian NGL midstream business * Transaction is expected to be immediately accretive to funds from operations per share * Expects to reduce its...
Sterlite Power buys minority stake in drone company Sharper Shape
MUMBAI: Sterlite Power Transmission has acquired a minority stake in US-based drone service company Sharper Shape to bring its automated inspection and maintenance planning services for infrastructure asset owners to...
SunEdison India sale said to draw Khazanah, Hindujas, Tata Power
Hinduja Group and Malaysian sovereign fund Khazanah Nasional are among groups vying for SunEdison Indian solar assets; Tata Power is also in the fray. Mumbai/Kuala Lumpur/New Delhi: Hinduja Group, the industrial...
Chengzhi revises to raise 12.5 bln yuan for 99.6 pct stake acquisition in Wison (Nanjing) Clean Energy
Aug 1 Chengzhi Co., Ltd. : * Says it revises to issue up to 871.9 million shares at 14.32 yuan per share, to raise 12.5 billion yuan via private placement for 99.6 percent stake acquisition in Wison (Nanjing) Clean...
Tesla, SolarCity set to announce merger on Monday: sources
Tesla Motors Inc (TSLA.O) and SolarCity Corp (SCTY.O) could announce they have agreed to merge as early as Monday, people familiar with the matter said, setting the stage for a campaign to convince the two...
NextEra Agrees to Buy Oncor in $18.4 Billion Utility Deal
NextEra Energy Inc. agreed to buy Energy Future Holdings Corp.’s Oncor Electric Delivery Co. LLC, adding stable returns from the largest electric transmission operator in Texas in an $18.4 billion deal. The accord is...
