Industry Archives: Energy

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Algae to Fuel Project in the United States

This Company is developing a shovel ready Algae-to-Fuel operation that will have four streams of income:
1. The fuel from algae.
2. A tilapia fish farm.
3. A shrimp farm.
4. Algae to be sold as fertilizer and as a pharmaceutical base.
The Company is seeking about $12m for Phase 1 or $46m for the entire project.
The Company has received a $5m grant from the DoE, and are working with the University of Georgia and Puerto Rico. The principals have invested about $1m so far in the Project. The project land and equipment is valued at another $8m.
The Company is represented by a financial sourcing company.

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Patented Exhaust Gas Purification System for Fireplaces in Germany

Exhaust Gas Purification Systems are required to be retrofitted for all open fire combustion systems (fireplaces) under German law beginning in 2015. The Company has developed a patented system for use by commercial and residential fireplaces and ovens.
Investment: €600k, Venture Capital
Location: Germany

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Chinese Investors May Gain Access to Russian Hydroelectric Assets

The Moscow Times
RusHydro, one of Russia’s largest power generating companies, is set to offer a majority stake in its far-eastern subsidiary to Asian investors, a news report said Friday.

The asset in question is RAO Energy Systems of the East, in which RusHydro has an 84 percent stake. The company, which unites several hydropower generation facilities in the Far East, is struggling with a heavy debt burden, while government control over electricity tariffs stunts revenue and investment.

“We are looking into the possibility of selling up to a majority stake [in RAO Energy Systems of the East] to a strategic investor from Asia,” George Rizhinashvili, deputy head of the board of RusHydro, was quoted by the Kommersant newspaper as saying. RusHydro would consolidate a 100 percent stake in RAO Energy Systems of the East before the sale, Rizhinashvili said, giving a timeline of 3-5 years for the deal.
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Two Romanian Photovoltaic Projects Totaling 15 MW

This is an opportunity to acquire a majority stake in two RTB photovoltaic projects based in Romania, totaling 15 MW. The companies have an estimated EBITDA of 2.3m Euros and an estimated EBITDA margin of 88% for 2015.

General information about the project:
• Project location: Vrancea County, Carligele village, 5 kilometers from Focsani. The 15 MW project is split in two parks of 8 MW and 7 MW of installed capacity respectively. The projects are located next to each other, have similar permits and permissions, similar connection conditions and have been developed simultaneously.
• Both parks are connected into the same power station, very close to the photovoltaic structure. The 20 kV Focsani West power station is newly modernized (2013) and has 2 connection points, one for each park. The connection costs are very low – less than 90.000 € / park.
• The energy will be delivered directly into Transelectrica new substation (put in function last year) and will be consumed directly by industrial consumers and households from the city of Focsani. There is NO RISK of delivery interruptions.
• NO network reinforcement are requested.
• Land: 31 hectares – concession contracts for 25 years, with the local authorities – Carligele Village local council, the owner of the land.
• GIS coordinates: 45.68: Northern Latitude, 27.13 Eastern Longitude.

Contact:
MAC INTSOL SA
Paul Mihus
[email protected]
+40 72 315 4797

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Operating Solar Energy Park for Sale in Romania

This fully-operational and licensed/accredited solar energy park fin Romania has a capacity of 4.89MWp. It is offered for sale at EUR 7.2 million:
– Annual energy production: 6,356 MWh;
– Tariff Rate: EUR 36/ MWh;
– Six Green Certificates/1MWh (approx 240 euro/1MWh);
– Rental term for land: 26 years with purchase option at Eur 68,000 for nine hectares;
– Rental fee for land: EUR 2,700 p.a. with inflation adjustment;
– Insurance: EUR 5 per kWp p.a. (estimate);
– Repair: EUR 5 per kWp p.a. (estimate);
– Maintenance: EUR 14.7 per kWp p.a.;
– Security & administration: EUR 11 per kWp p.a.;
– The park has been operational for nine months as of the date of this report;
– An investment in this solar park is expected to yield an IRR of 16%.

Projected financial results:
Years Revenues Net Cash Flow
2014 EUR1mn EUR730K
2015 EUR1mn EUR730K
2016 EUR1mn EUR730K
2017 EUR1.7mn EUR1.3mn
2018 EUR1.7mn EUR1.3mn

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Mideast consortium agrees $500 mln National Petroleum Services buy

DUBAI, April 22 (Reuters) – A consortium of Gulf-based investors including Fajr Capital and Arab Petroleum Investment Corp (Apicorp) have agreed on a deal to acquire Dubai-based oilfield services firm National Petroleum Services, Fajr said on Tuesday. The transaction, which is expected to close in the second quarter of 2014, is valued “in excess of $500 million”, it said in a statement.

While Fajr didn’t specify how much of NPS the group was buying, the statement said some of the current shareholders would remain as minority shareholders, including Abdul Aziz Al Dolaimi, who would continue as chairman. Chief executive Adnan Ghabris will also remain in his role, with the management team unchanged, the statement added.

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Pacific Rubiales to sell Colombia pipeline stake for $385 mln

Dec 23 (Reuters) – Pacific Rubiales Energy Corp, the largest private oil producer in Colombia, said it would sell its interest in the country’s largest oil pipeline to a group led by the private equity arm of Franklin Templeton for $385 million. Continue Reading →

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Bashneft Plans Foreign Float

The Moscow Times
Bashneft plans a foreign share offering around the end of next year, it said on Friday, but has not yet appointed banks or decided on an amount to be sold. Continue Reading →

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OGX offers debt-for-stock exchange to bondholders

Reuters SAO PAULO, Aug 28 –
Eike Batista, the controlling shareholder of OGX Petróleo e Gas Participações SA, is offering some holders of the Brazilian oil company’s $3.6 billion in bonds the chance to exchange their securities for stock Continue Reading →

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Romania to start Nuclearelectrica IPO in Sept

BUCHAREST, Aug 28 (Reuters) – Romania will begin the initial public offering of a 10 percent stake in state-owned nuclear power producer Nuclearelectrica on Sept. 9 Continue Reading →

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