Utilities

Chesapeake exits its Clean Energy investment

Chesapeake stated they had sold off its entire 1.1% stake in Clean Energy Fuels Corp. to Leonard Green & Partners and T. Boone Pickens


Siemens to sell water technologies unit

Sources said Siemens is selling water technologies unit to private equity firms. Sources close to Siemens AG revealed private equity firms have zeroed in on the company's water technologies business unit.

Pennon Group hires Ian McAulay of MWH Global as chief executive of Viridor Limited

Pennon Group announced that they had hired Ian McAulay as chief executive officer of Viridor Limited and executive director with the Pennon Group Board.

Japanese businessmen look for opportunity in Myanmar

Japanese executives will attend a meeting in Myanmar to discuss future investment ventures. Representatives from over 20 Japanese companies planned on visiting Myanmar to look for possible business ventures and investment opportunities, according the Union of Myanmar Federation of Chambers of Commerce and Industry or UMFCCI.


Latest News

European stocks increase headed for its best month since October 2011 while Asian shares fell. US futures experienced little change.
Australia's Nine Entertainment said that they are aiming to raise US$1.1 billion through an initial public offering.
Centrica announced that it expects to close its USD 1 billion buy of Hess's Energy Marketing this year.
EDF and partner Exelon agreed on a future exit from the US nuclear market. EDF and partner Exelon have agreed to exit from their joint venture CENG in the near future.
Citi Commercial Bank along with City Microfinance shelled out US $2 million in financing in favor of social enterprise Kickstart International.
Today, Independence Realty Trust Inc has announced commencing a public offering of its 4,000,000 shares of common stock listed on the New York Stock Exchange.
The US $1.24 billion between Chevron Corp. and Argentina government's YPF may be turning point in the country's protectionist policy but it comes with an underlying political danger.
Ohio Transmission partners with private investor Frontenac Company. Private equity firm Frontenac Company invested an undisclosed amount on Ohio Transmission Corporation, said the latter on Friday.
Pembina Pipeline Corp. has offered 10,000,000 cumulative redeemable rate reset class A preferred shares during a public offering, which raised US $250 million.
Malaysia's Ranhill Energy and Resources is set to return the US $234 million funds it was able to raise following the IPO's cancellation.
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