Power generation and distribution company InterEnergy Holdings has reached an agreement to acquire 11 solar power plants from Grenergy Renovables for $28.5m.
Interenergy has engaged Claro y Cia and Ariel Holdings as its legal advisors for the transaction, while Philippi Prietocarrizosa Ferrero DU & Uria will act as legal advisors for Grenergy Renovables.
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Grenergy Renovables primarily focusses on power generation and the development of renewable energy plants.
CEZ proposes to raise gross proceeds of €150m ($179.84m) via a public offering of 3% senior unsecured notes due 5 June 2028.
The company has contracted BNP Paribas, HSBC Holdings and SG Corporate & Investment Banking as financial advisors for the transaction.
Czech Republic-based CEZ is engaged in the production and distribution of power.
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By GlobalDataThe Hongkong Electric Company, a power utility, has raised $400m in a public offering of bonds due 12 October 2047.
BNP Paribas is acting as the book running manager for the offering.
Zhejiang Narada Power Source plans to raise gross proceeds of up to CNY900m ($138m) through a public offering of corporate bonds due 2020.
The company is engaged in the manufacture of motive power and renewable energy storage batteries, accessories and communication back-up products.
EnerDynamic Hybrid Technologies proposes raise up to C$5m ($4.11m) in gross proceeds via a private placement of approximately 50 million units, which will be priced at C$0.1 ($0.08) each.
Each unit will comprise one common share and one warrant, which will entitle the holder to purchase one common share within three years from the date of issue at an exercise price of C$0.15 ($0.12) a warrant.
The gross proceeds from the offering will be used to maintain the company’s inventory and work towards various capital requirements.
Canada-based EnerDynamic manufactures and distributes structural building systems with integrated alternative energy technologies.
