FMC Technologies * On June 14, co and Technip S.A entered into a definitive business combination agreement * Business combination agreement provides for merger of Technip with and into Topco ( ‘Technip...
Tata Power acquires Welspun Energy’s renewable assets
NEW DELHI/MUMBAI: Tata Power Company has said its renewables arm has signed an agreement with Welspun Energy Pvt Ltd to acquire its green energy portfolio for an estimated at Rs 10,000 crore ($1.4 billion). In a...
Antero to acquire 55,000 net acres in the core of the Marcellus Shale
Antero Resources Corp * Antero resources to acquire 55,000 net acres in the core of the Marcellus Shale * Deal for $450 million * Antero is increasing its 2017 production growth target to a range of 20 pct to 25 pct *...
Energy Transfer-Williams Companies merger approved with conditions
The merger of pipeline companies Energy Transfer Equity LP and Williams Companies has been approved with conditions, the U.S. Federal Trade Commission said on Thursday. Energy Transfer’s proposed acquisition of...
Adani Green Energy may tie up with SunEdison for $2 billion solar foray
NEW DELHI: Adani Green Energy Ltd, the renewable energy arm of the Adani Group, is considering a technical partnership with global major SunEdison Inc for its $2 billion foray into integrated solar manufacturing. The...
Schneider buys Meher Capacitors
Energy management major Schneider Electric on Thursday announced its second Indian acquisition in two months – that of Meher Capacitors from the family-run Meher Group, Bangalore. Mr Olivier Blum, Country...
Lanco Infratech sells bio-mass power arm to Agri Gold Projects
Lanco Infratech Limited, the flagship company of Hyderabad-based Lanco Group, has transferred the ownership, management and control of its subsidiary Rithwik Energy Systems Limited, which has a 6 Mw biomass-based power...
Inox Wind arm acquires Sarayu Wind Power (Kondapuram) Pvt Ltd.
Inox Wind today said its wholly-owned subsidiary Inox Wind Infrastructure Services Ltd has acquired Sarayu Wind Power (Kondapuram) Private Ltd. “We hereby inform that continuing our expansion in southern states of...
ReNew Power inks pact with OPIC to raise up to $250 million.
The Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, will provide debt financing of up to $250 million for ReNew Power Ventures’ solar development projects...
Sajjan Jindal-led JSW Energy set to acquire 1,000 MW power plant for Rs 6,000 crore
JSW Energy, the flagship power generating company of Sajjan Jindal, is set to acquire a 1,000 MW Jindal Power plant for about Rs 6,000 crore, two persons familiar with the matter told ET. “The broad contours of...
Energy Transfer says controlling interest in Sunoco not for sale
Energy Transfer Equity (ETE) said on Wednesday that it has no plans to sell its controlling interest in Sunoco LP (SUN.N) even though it has received many queries from potential buyers since acquiring the gas station...
Senvion May Become Acquisition Target After Plan for IPO Fails
Senvion GmbH’s failure to launch an initial public offering may leave the German wind turbine maker the target of a takeover bid as four of its biggest competitors combine to increase their own market clout...
