All posts tagged Energy

Electrical

National Grid to pour $40m into Clean Line Energy

National Grid Plc (LON:NG), UK’s gas and electricity network operator, said it would make an equity investment of $40m (€31m) in US-based green-energy focused transmission lines developer Clean Line Energy Partners LLC. The British company will make the investment through …

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Ethanol plant

Platts aquires Swiss energy price information firm Kingsman

US McGraw-Hill Companies Inc (NYSE:MHP) said its New York-based energy and petrochemicals arm Platts had finalised the purchase of Swiss price information and analytics provider Kingsman SA. The buyer

Gas Pipeline

Two investor groups agree to acquire energy trader LDH Energy

Dutch commodities trader Louis Dreyfus Commodities BV and US hedge fund Highbridge Capital Management LLC have agreed to dispose of their energy trading joint venture Louis Dreyfus Highbridge

Wind turbines in Scotland

UK utility SSE increases its stake in Wind Towers to 80.1%

British energy group SSE Plc (LON:SSE) said today it had entered into an agreement to buy the 40.05% stake in Wind Towers Ltd currently held by Marsh Wind

Gas burner

British Gas reports 23% growth in profit for first half

Utility group Centrica plc (LSE:CNA), which owns residential energy supplier British Gas, announced today a 15% increase in profit for the first half of the year and a

Gas Distribution

Forestar’s target Credo Petroleum gets no offers

US oil and gas explorer Credo Petroleum Corp (NASDAQ:CRED) announced on Tuesday it had received no alternative takeover approaches during the go-shop period agreed with its suitor Forestar

Gas Distribution

National Grid completes disposal of New Hampshire distribution business

British power and gas distributor National Grid Plc (LON:NG) announced today it had wrapped up the $285m (€226.8m) sale of its New Hampshire electric and gas distribution units

Solar

Hanergy agrees deal to acquire Q-Cells’ Solibro division

Hanergy Holding Group Limited, the Chinese renewable energy company, said it had agreed to acquire Solibro GmbH, the thin-film division of German solar cell manufacturer Q-Cells SE (ETR:QCE),

Gas Pipeline

Kinder Morgan and El Paso complete $21bn merger

US natural gas pipeline operator Kinder Morgan Inc (NYSE:KMI) said it had finalised its planned USD21bn (EUR16.7bn) combination with peer El Paso Corp (NYSE:EP) announced last October. The transaction,

Gas Burners

E.ON sells gas grid to a Macquarie-led consortium for €3.2bn

German utility E.ON AG (ETR:EOAN) said it had agreed to sell its gas grid in Germany Open Grid Europe (OGE) to a consortium of Macquarie European Infrastructure Fund

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