Deals this week: Eqtec, Energa, Huaneng Power International, and Capital Power Corporation

23 February 2017 (Last Updated February 23rd, 2017 18:30)

Eqtec has raised €0.5m ($0.53m) through a private placement of ten million new ordinary shares at a price of €0.05m ($0.053m) a share.

Eqtec has raised €0.5m ($0.53m) through a private placement of ten million new ordinary shares at a price of €0.05m ($0.053m) a share.

Proceeds from the placement are intended to be utilised for working capital purposes and to invest in new projects.

Energa has announced its intention to raise €250m ($265.28m) in a public offering of Eurobonds, with a maturity period of between 10 and 12 years.

The offering is expected to be completed in Q1, 2017.

Huaneng Power International has raised CNY3bn ($436.46m) through a public offering of 3.67% super short-term debentures due November 2017.

"Proceeds are intended for supplementing the company's working capital and adjusting the debt structure of its headquarters."

Proceeds are intended for supplementing the company's working capital and adjusting the debt structure of its headquarters.

Based in China, Huend Power International develops, constructs, operates, and maintains power plants.

Capital Power Corporation has reached to purchase power and heat generation assets  from Veresen.

The purchase consideration for the transaction is C$225m ($171.77m) in cash and the assumption of C$275m ($209.95m) of project-level debt.

Also based in Canada, Veresen is an energy infrastructure company. The sale is expected to be completed in Q2, 2017. It is part of Veresen’s plan to sell its power generation assets in Canada in three separate packages for a total consideration of C$1.18bn ($900.88m).