Industry Archives: Utilities


India Acquisition Opportunity – 1320 MW Super Critical Thermal Power Project

Our client is setting up a 1320 MW coal based thermal power project in southern part of India. They have also acquired a operating coal mine in Wyoming State of USA, which will act as a fuel supply back up for the power project.

The Company has obtained required statutory approvals and have also acquired 950 acres of land. At this stage they are seeking a suitable financial/strategic partner to either buyout the project 100% or take a controlling stake (min 70%).

If interested, please forward your/your client’s detailed profile for review. A NDA will then be required to proceed further.

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Waste Italia in talks to sell to China’s Sound Global

MILAN, Nov 7 (Reuters) – Italian waste management operator Waste Italia is in talks to sell the company to China’s Sound Global, the main shareholder of Waste Italia said on Thursday. Continue Reading →

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Fortum launches 1.5-2 bln euro sale of Finland grid -sources

STOCKHOLM/LONDON, Sept 16 (Reuters)
State-controlled Finnish utility Fortum has launched a sale of its power grid in Finland, which could fetch around 1.5 billion to 2 billion euros ($2.67 billion) 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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Tenaga Nasional seeks 1 bln euro loan for Bord Gais bid

Reuters 16 August 2013
Malaysian state-owned utility Tenaga Nasional Bhd is seeking 1 billion euros ($1.33 billion) in financing to back a bid for Ireland’s Bord Gais Energy Continue Reading →

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Gazprom Buys MOEK Energy Company for $3Bln

The Moscow Times
A subsidiary of Gazprom has won a tender to buy the Moscow United Energy Company, or MOEK, according to auction results announced Tuesday Continue Reading →

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Chubu Electric to buy Tokyo power supplier

Chubu Electric Power Co Inc will take control of a Tokyo-based electricity supplier, sources said on Wednesday, giving the utility an entry into the territory of Tokyo Electric Power Co Continue Reading →

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Beijing Enterprises to Buy China Gas Stake From Parent

Beijing Enterprises Holdings Ltd. said it will pay HK$8.22 billion ($1.1 billion) to its state-owned parent for a stake in China Gas Holdings Ltd., a supplier of natural gas to 184 Chinese cities. Continue Reading →

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Rosneftegaz May Buy Inter RAO Stake

MOSCOW, Jun 24 (PRIME) — State-owned Rosneftegaz may buy part of the government’s stake in Russian power holding Inter RAO UES either this year or the next Continue Reading →

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