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...
Energy
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...
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...
