Thai energy firm Banpu Public Co. Ltd has joined the fray to acquire Eversource Capital-backed Radiance Renewables Pvt. Ltd, two people aware of the development said, in a deal having an enterprise value of around $325...
Macquarie to take minority stake in D.E. Shaw’s green energy arm for up to $1.73 bln
Macquarie Group’s asset management division is taking a minority stake in the green-energy arm of U.S. investor D.E. Shaw for an equity investment of as much as $1.73 billion, the Australian company said on...
AM Green acquires Finland’s Chempolis and Fortum 3 for an undisclosed amount
Hyderabad-based AM Green Technology and Solutions B.V. (part of AM Green Group), has signed a binding agreement to acquire Finland’s Chempolis Oy and Fortum 3 B.V. entities, the company said on Monday. AM Green...
Chesapeake Energy says deal for Southwestern Energy to close early in 4Q
Chesapeake Energy’s $7 billion acquisition of rival natural gas producer Southwestern Energy is expected to close early in the fourth quarter, CEO Nick Dell’Osso said on Wednesday. The deal was delayed...
Viper Energy to buy some Permian mineral assets from Tumbleweed Royalty for $461 mln
Viper Energy , a subsidiary of oil and gas producer Diamondback Energy , said on Wednesday it had reached an agreement to acquire mineral and royalty interest-owning subsidiaries from Tumbleweed Royalty IV for $461...
JSW Neo, Sembcorp, ONGC shortlisted to acquire NIIF backed Ayana in $800 million deal, binding bids by 19 August
State-run Oil and Natural Gas Corp. (ONGC), JSW Group’s JSW Neo Energy, and Singapore’s Sembcorp Industries Ltd have been shortlisted to submit binding bids to buy a significant majority stake in Ayana Renewable Power...
Suzlon to acquire 76 pc stake in Renom Energy Services for Rs 660 cr
Renewable energy solutions provider Suzlon Group on Tuesday said it has executed definitive agreements to acquire 76% stake in Renom Energy Services Private Limited from the Maharashtra-based Sanjay Ghodawat Group. The...
Australia’s Woodside Energy to buy Texas ammonia project for $2.35 bln
Australia’s Woodside Energy said on Monday it will acquire OCI Global’s clean ammonia project in Texas for $2.35 billion as the energy firm advances its transition towards green energy. The acquisition...
France’s SocGen to buy 75% stake in energy-focused investment firm Reed Management
French bank Societe Generale said it had agreed to buy a 75% stake in Reed Management, an alternative asset management company dealing in the energy sector. The takeover will also see SocGen invest 250 million euros...
Hydrogen energy firm Huture to go public in $1 bln SPAC deal
Hydrogen energy firm Huture said on Tuesday it has agreed to go public in the U.S. through a merger with a blank-check firm Aquaron Acquisition Corp in a deal that would value the combined company at $1 billion. The...
Hedge funds make rival takeover bid for energy firm Martin Midstream
Hedge funds Nut Tree Capital Management and Caspian Capital said on Thursday they have made an offer for Martin Midstream Partners, aiming to scuttle a bid from the fuels storage and transporter’s largest...
Devon Energy to buy PE-backed Grayson Mill’s Williston assets for $5 bln
Devon Energy said on Monday it had entered into a deal to acquire certain assets of Bakken-focused energy producer Grayson Mill Energy, which is owned by private equity firm EnCap, in a cash-and-stock deal worth $5...