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Tag: sells assets
Fortis sells hotel assets for $365M; follows $430M sale of commercial properties
2015-07-07 08:53:14| Energy - Topix.net
ST. JOHN'S, N.L. - Fortis Inc. says it has signed a deal to sell the hotel assets of subsidiary Fortis Properties Corp. to a private investor group for $365 million as the company moves to focus on its core utilities business. "The disposition of these hotel and real estate assets is consistent with the corporation's focus on its core utility business," said president and CEO Barry Perry.
Tags: sale
hotel
commercial
properties
Linn Energy secures $1.5bn funding, sells remaining Permian oil assets for $281m
2015-07-07 01:00:00| Hydrocarbons Technology
US based Linn Energy has finalised deal with Quantum Energy Partners and GSO Capital Partners to provide $1.5bn to fund acquisitions and development of acquired oil and gas assets.
Tags: energy
oil
remaining
funding
Chesapeake Energy sells Oklahoma assets for $840 million to Denver driller
2015-07-02 20:27:49| Energy - Topix.net
Denver-based FourPoint Energy LLC will pay $840 million for assets owned by two subsidiaries of Chesapeake Energy Corp. - boosting the private oil and gas exploration company's position in Oklahoma's Western Anadarko Basin. The $840 million purchase price actually covers three transactions involving FourPoint, led by president and CEO George Solich , for the assets of Chesapeake Exploration LLC and CHK Cleveland Tonkawa LLC, two subsidiaries of Oklahoma City-basked Chesapeake Energy "It was a very challenging deal to do but we're excited that we're signed," Solich told the Denver Business Journal on Wednesday.
Tags: million
energy
assets
oklahoma
SM Energy sells Oklahoma assets for $270 million
2015-06-01 16:19:25| Energy - Topix.net
SM Energy Co. said it has completed the sale of gas-producing assets the Arkoma Basin of Oklahoma for $270 million.
Tags: million
energy
assets
oklahoma
Newalta sells waste, recycling assets to Toronto firm for $300M
2015-01-06 16:31:53| Solid Waste & Recycling magazine Headlines
The division includes a lead-acid battery recycling in Quebec, a non-hazardous solid waste landfill in Stoney Creek, and a used oil collection network and re-refining facility in north Vancouver
Tags: firm
waste
assets
toronto
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