Williams Cos Inc and Energy Transfer Equity LP sparred in court on Monday over a tax dispute that threatens to scuttle their $20 billion merger just one week before Williams shareholders vote on the deal to create one...
Energy
CLP buys 49 per cent in Suzlon’s solar project in Telangana
MUMBAI: Hong Kong-based CLP Group has forayed into the Indian solar energy market by acquiring 49% stake in Suzlon EnergyBSE 1.43 %’s 100 MW project in Telangana, with the option to acquire the balance stake later...
Superior Plus announces closing of acquisition of Caledon Propane
Superior Plus Corp * Superior Plus announces expansion of its superior propane business * Purchase price was $8.0 million * Announce closing of acquisition of Caledon Propane Inc * Caledon acquisition was funded from...
Williams-ETE $20 bln merger heads to courtroom showdown
A high-stakes trial will open on Monday to determine if Dallas billionaire Kelcy Warren’s Energy Transfer Equity can back out of a $20 billion agreement to buy rival pipeline operator Williams Cos Inc. After an 18...
IOC-led consortium to buy 24% stake in Vankor oil field
NEW DELHI: India and Russia have signed major Sales Purchase Agreement for acquisition of 23.9 per cent stake in Vankor oil block by an Indian Consortium of Oil India Ltd., Indian OilBSE -0.54 % and Bharat Petro...
FMC Technologies, Technip S.A enter merger agreement
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...
