Elliott Management Corporation has acquired a 5.32% stake in Uniper for approximately €480m ($569.18m).

The stake includes a voting equity of 2.3% and 2.93% held through unspecified instruments.

Based in the US, Elliott Management is a hedge fund management firm, while Uniper is a German company engaged in power generation.

Jilin Power Share has reached an agreement to invest CNY99.5m ($15.03m) in an electric power project company based in Shandong and a new energy power generation company.

Jilin Power Share will gain a 95% stake in both the companies as a result of the investment.

“Grupo Simec has reached an agreement with Ancala Partners to acquire renewable energy company Green Highland Renewables.”

Based in China, Jilin Power Share is engaged in power generation.

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By GlobalData

Grupo Simec has reached an agreement with Ancala Partners to acquire renewable energy company Green Highland Renewables.

Based in Mexico, Ancala Partners is engaged in shipping, industrial, mining, energy and commodities businesses, while Grupo Simec is engaged in infrastructure investment management.

Both Ancala Partners and Green Highland Renewables are based in the UK.

Engie has reached an agreement to acquire heating, ventilation and air conditioning (HVAC) installation and maintenance services providers Thermaire Investments and Ampair.

The target companies have a workforce of more than 500 across South Africa and Mozambique.

Based in France, Engie is an energy utility company that aims to strengthen its position as an integrated energy services provider in Southern Africa through the acquisition.