Eiffage, through Eiffage Concessions, has begun exclusive negotiations with a view to acquiring an interest of over 80% in the Sun’R Group. The founder Antoine Nogier and its management team will retain the remainder of the share capital. The transaction will be structured as a purchase of existing shares together with a simultaneous capital increase […]
SPNEC to acquire Solar Philippines’ assets by yearend – EQ Mag Pro
Solar Philippines Nueva Ecija Corporation (SPNEC) aims to complete its acquisition of the assets of parent company Solar Philippines worth about P60 billion by the end of this year. In a disclosure to the Philippine Stock Exchange, the firm said that the conclusion of its P3.3 billion Stock Rights Offering (SRO) in the coming weeks […]
Connor, Clark & Lunn Infrastructure and Desjardins acquire a majority interest in Rt. Hon. Herb Gray Parkway – EQ Mag Pro
Connor, Clark & Lunn Infrastructure (“CC&L Infrastructure”) and Régime de rentes du Mouvement Desjardins, represented by Desjardins Global Asset Management (collectively, “Desjardins”) are pleased to announce the acquisition of a majority interest in the Rt. Hon. Herb Gray Parkway (“the Project” or “the Parkway”), from ACS Infrastructure Canada (“ACS”), Fluor Canada Ltd. (“Fluor”), and Acciona […]
Actis Agrees To Acquire A Controlling Stake In Leading MEA Commercial And Industrial Renewables Platform Yellow Door Energy – EQ Mag Pro
Dubai-based Yellow Door Energy is the leading Middle East and Africa focused platform targeting more than 1GW of distributed solar and related energy solutions to C&I customers in the region The company’s mission is to advance the low carbon transition through deploying renewable technology, reducing regional business electricity costs and dependence on fossil fuels Exciting […]
French government plans to acquire full ownership of EDF – EQ Mag Pro
The French finance ministry said that it has offered €9.7bn ($9.85bn) to buy the remaining 16% stake in EDF. The French government has announced its intentions to take full control of energy utility company EDF by purchasing the remaining stake in the power utility. The decision comes after French Prime Minister Elisabeth Borne unveiled plans […]
Syngene to acquire 26% stake in Ampyr Renewable Energy Resources Eleven – EQ Mag Pro
Syngene International, integrated research, development and manufacturing services firm, said on Tuesday it would acquire up to 26 percent equity stake in Ampyr Renewable Energy Resources Eleven, a special purpose vehicle formed by Ampyr India Asset Holdings. The transaction will cost around Rs 3.2 crore for Syngene. Through the acquisition, Syngene plans to generate and […]
Adani Power Limited (the “Company”) has signed Share Purchase Agreements to acquire 100% equity shares of two companies SPPL & EREPL – EQ Mag Pro
Adani Power Limited (the “Company”) has signed Share Purchase Agreements to acquire 100% equity shares of two companies SPPL & EREPL. For more information please see below link:
ATL To Acquire Essars Mahan Sipat Transmission Project – EQ Mag Pro
Adani Transmission Limited (ATL) to acquire operational transmission project owned and operated by Essar Power Transmission Ltd. (EPTCL) for an enterprise value of INR 1,913 crores The acquisition would add 673 ckt kms inter-state transmission project under the CERC regulated return framework The proposed transaction will be executed through transaction steps which shall be subject […]
SWEPCO seeks approval to acquire 999 MW of wind and solar projects – EQ Mag Pro
American Electric Power subsidiary Southwestern Electric Power Company announced plans to acquire three renewable energy projects totaling 999 MW. If approved by regulators, the projects would represent a $2.2 billion investment. SWEPCO expects to issue another request for proposal (RFP) in the near term for additional renewable energy consistent with the company’s integrated resource plan […]
Waaree Energies gets NCLT approval to acquire Indosolar – EQ Mag Pro
“Waaree Energies Ltd has received the approval from the National Company Law Tribunal, Delhi Bench (NCLT) on April 21, 2022, for the resolution plan submitted by it towards the acquisition of Indosolar Ltd, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders of Indosolar Ltd under the Insolvency […]