EP UK Investments plans to acquire Langage and South Humber Bank combined-cycle gas turbine power stations from Centrica for £318m ($403.39m) in an all-cash deal.

The transaction is expected to be completed in the second half of 2017. It is a part of Centrica’s plans to shift its business to flexible peaking units, energy storage, and distributed generation.

JSW Steel plans to raise Rs80bn ($1.24bn) through a qualified institutional placement (QIP).

Based in India, the company produces and distributes iron and steel products.

Greencoat Renewables plans to raise €250m ($279.85m) by issuing 250 million shares priced at €1 ($1.12) a share in an initial public offering (IPO).

"JSW Steel plans to raise Rs80bn ($1.24bn) through a qualified institutional placement (QIP)."

Proceeds from the offering are intended to be used for acquiring additional windfarms in Ireland followed by developing the wind and solar assets across the Eurozone.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

PT Pertamina Geothermal Energy (PGE) has invested $397m for developing the third and fourth units of Ulubelu geothermal power plant in Lampung, Indonesia.

The units will have an installed capacity of 55MW each.

PGE is focused on the exploration, refinement, production, and distribution of geothermal energy.