Energy services provider CEZ ESCO has acquired KART by purchasing stake from the founders and current owners.

The current owners of KART will continue to participate in its management and development following the acquisition.

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KART is primarily engaged in providing operations and services of building technology.

CEZ ESCO is expected to increase its footprint in the field of technical building management via the acquisition.

Investment company Renova Group and its subsidiary Gothelia Management have acquired 11.0645% stake in energy utility company Volzhskaya Territorial Generiration (T plus).

The target company is engaged in the production and distribution of electric and thermal energy to wholesale market, as well as the supply of heat.

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CEFC China Energy has reached an agreement with a consortium comprising Glencore and Qatar Investment Authority (QIA) to acquire 14.16% stake in Rosneft Oil Company for $9.1bn.

“CEFC China Energy has reached an agreement with a consortium comprising Glencore and Qatar Investment Authority (QIA) to acquire 14.16% stake in Rosneft Oil Company for $9.1bn.”

CEFC China Energy aims to strengthen its oil and gas business portfolio through the transaction.

The consortium of Glencore and QIA currently holds 19.36% stake in Rosneft.

Glencore is expected to retain 0.5% stake following the acquisition, while QIA’s share will be 4.7%.

CEFC China Energy provides energy and financial services, while Rosneft is an integrated oil company.

Diversified energy holding company Inter RAO UES has acquired a further 10.3405% stake in Mosenergosbyt OAO, increasing its total stake to 95.1736%.

Inter RAO will hold a total of 36,451,962,825 ordinary shares in Mosenergosbyt following the transaction.

Mosenergosbyt is engaged in the purchase and sale of electric power.

Both companies involved in the transaction are based in Russia.