News

  • 24 November 2017

    M&As this week: Basic Energy, JA Solar

    Basic Energy plans to acquire up to a 12.5% stake in Vintage EPC and Vintage International Construction from Vintage Engineering, which provides engineering, procurement, and construction (EPC) services for the...

  • 24 November 2017

    Deals this week: ReNu Energy, CU, Tlou Energy

    ReNu Energy has agreed to raise gross proceeds of around A$4.1m ($3.1m) by issuing up to 228,029,717 new fully-paid ordinary shares in a share purchase plan (SPP).

  • 23 November 2017

    Uniper rejects Fortum’s €8bn acquisition bid

    German energy company Uniper’s management and supervisory boards have recommended the company's shareholders should reject a €8.bn takeover offer from Finnish state-controlled utility Fortum.

  • 22 November 2017

    GE revamps 200MW turbine at Ukai power plant in India

    GE’s Power Services business, in consortium with NTPC GE Power Services (NGSL) and Gujarat State Electricity (GSECL), has completed the modernisation of a 200MW steam turbine installed at Ukai coal-fired...