Construction and real estate company Castlegate Property Corporation has announced the acquisition of 9.58% stake in Dagestanskaya Energosbytovaya Kompaniya (Dagestan Power Sales Company).
Financial services provider Atonline Limited has announced the sale of 8.05% stake in Dagestanskaya Energosbytovaya Kompaniya (Dagestan Power Sales).
The divestment will reduce Atonline’s share in Dagestan Power Sales from 13.08% to 5%.
Private equity firm Hull Street Energy, through its affiliate, has acquired hydropower generation company, Nautilus Hydro. The company received funds from the affiliates of private equity firm Carlyle Group.
As part of its strategy to spread its presence in North America, Hull Street Energy has added approximately 18MW to its New England portfolio through the acquisition.
The transition to Hull Street Energy's asset management group is supported by Cogentrix, which contracted Parke as legal counsel for the transaction.
Hull Street Energy engaged Manatt, Phelps and Phillips as legal counsel for the transaction, while Carlyle employed Chadbourne as its counsellor.
Aligera Holding plans to sell 22% stake in renewable energy company Slitevind for SEK17.75m ($2.03m).
Aligera Holding is a holding company specialised in the manufacturing and sale of renewable electricity, electricity certificates, and guarantees.