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...
SBI-Macquire in talks to buy Hindustan Power Project’s operational alternate power assets
MUMBAI: A private equity fund, jointly managed by State Bank of IndiaBSE 1.51 % and Australia’s Macquarie Group, is in early talks with Hindustan Power Projects (erstwhile Moser BaerBSE 0.69 % Power Projects) to...
Brazil’s Renova sales ease cash dearth as stake sale delayed
Brazilian renewable energy company Renova Energia SA (RNEW11.SA) is taking advantage of a new government policy allowing producers to renegotiate power sales to alleviate cash shortages while it keeps seeking a major...
Sun Capital Management to buy 10.7 pct stake in MARVEL GREEN POWER ENERGY PTE.LTD. for S$1.3 mln
Sun Capital Management Corp : * Says it will buy 10.7 percent stake in MARVEL GREEN POWER ENERGY PTE.LTD. on July 26, via private placement * Says the acquisition price is for S$1.3 million Source text in Japanese:goo...
Lucas Energy anticipates by end of Q2, it will close its pending acquisition of assets from various sellers
Lucas Energy Inc * Says anticipates that by end of its q2 of fiscal 2017, it will close its pending acquisition of assets from various sellers * Operating undergoing concern since December 31, 2014, which corresponded...
Tesla, SolarCity close to merger agreement
SAN FRANCISCO: Tesla Motors and SolarCity Corp have made progress in putting together a deal that will merge the electric car maker and the solar panel installer, people familiar with the matter said. The two companies...
JSW Energy eyes Rs 5,000 crore acquisitions; Q1 net rises 19 per cent
MUMBAI: JSW EnergyBSE -0.56 %, which today reported 18.7 per cent increase in consolidated net income at Rs 366.53 crore for the June quarter, is planning to acquire around Rs 5,000 crore worth of stressed assets...
JSW Energy to buy Jaiprakash Power’s Bina unit for Rs 2,700 cr
Sajjan Jindal-promoted JSW Energy acquired the 500-megawatt (Mw) power plant of debt-laden Jaiprakash Power Ventures at Bina in Madhya Pradesh for Rs 2,700 crore, 10 months after the two firms got into a binding...
NextEra’s $2.6 Billion Hawaii Deal in Doubt as Regulator Says No
Hawaiian regulators rejected NextEra Energy Inc.’s $2.63 billion bid to purchase Hawaiian Electric Industries Inc., dealing a possibly fatal blow to the deal that had faced opposition from the governor. The Hawaii...
Coal India board approves plan to buy back 108.9 million shares
Kolkata: Coal India Ltd’s board on Monday approved a proposal to buy back 108.9 million shares for Rs.335 each, spending a total of Rs.3,650 crore. This marks a deviation from the state-controlled miner’s earlier plan...
Gran Tierra Energy Inc. announces strategic US$525 million acquisition of Petrolatina Energy
Gran Tierra Energy Inc : * Gran Tierra Energy Inc. announces strategic US$525 million acquisition of Petrolatina Energy Ltd. in Colombia * Deal expected to be funded through combination of co’s current cash...
Trafigura in talks to buy minority stake in Essar Oil
Trafigura Group Pte is in talks to acquire a minority stake in Essar Oil Ltd, India’s second-largest private refiner, in a deal that could value the business at about $6.5 billion, people with knowledge of the matter...
