Newpark Resources has entered a definitive agreement to acquire Well Service Group (WSG), including its affiliate Utility Access Solutions.
Drilling fluid and matting system manufacturer Newpark proposes to pay $43m in cash and issue shares for the remaining $32m.
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Well Service Group is a provider of containment and well site services.
Kot Addu Power has agreed to acquire a 17.4% stake in Hub Power for PKR22bn ($205.47m).
Hub Power is based in Pakistan, and both the companies are power generation utilities.
Kot Addu Power will purchase 172.58 million Hub Power shares (14.9%) from Dawood investment holding company Hercules, and a 2.5% stake from other shareholders.
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By GlobalDataAlgonquin Power & Utilities has agreed to acquire a 25% stake in Atlantica Yield from Abengoa for a purchase consideration of $608m.
UK-based company Atlantica Yield owns renewable energy, conventional power, and electric transmission lines and water contracted assets, while Abengoa is a Spanish company engaged in providing innovative technology solutions for the energy and environment sectors.
Innergex Renewable Energy (Innergex) has agreed to purchase Alterra Power through an acquisition of its entire issued and outstanding common shares.
Organised through a plan of arrangement, the deal involve a cash payment and issue of Innergex common shares.
The purchase consideration for the acquisition is C$1.1bn ($858.35m), in addition to assuming the target company’s debt.
Both the companies involved in the transaction are engaged in renewable energy production, while Alterra Power currently manages eight power plants.
