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News of CALPERS Potentially Divesting its Coal Assets Overdone

2014-12-17 01:03:07| Industrial Machines - Topix.net

On December 15, news outlets announced that a California state senator might propose a bill in January that would require the California Public Employees' Retirement System to divest of its holdings in companies that produce coal. According to a Bloomberg article, CALPERS has $5.2 million worth of coal master limited partnership Alliance Resource Partners .

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Physically Securing Substations and Critical Assets

2014-12-16 16:06:00| Transmission & Distribution World

Electrical power substations are a critical part of the backbone of the U.S. power grid. read more

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Linn Energy closes on multibillion-dollar sale of Texas, Oklahoma assets

2014-12-16 15:48:55| Chemicals - Topix.net

EnerVest CEO John Walker has seen his Houston firm make a lot of oil and gas deals in recent years. In late November, Linn closed on a deal with Exxon Mobil Corp. for its California assets in South Belridge Field.

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Belvédre group to sell assets, streamline portfolio in rescue plan

2014-12-16 11:58:00| Daily beverage news and comment - from just-drinks.com

Belvédre, the France-based wine and spirits group, is to offload its production assets in Poland and strip down its portfolio as part of a new strategic plan to turnaround falling sales.

Tags: group plan sell portfolio

 

Airtel sells tower assets in Zambia, Rwanda to IHS

2014-12-15 09:43:00| Telecompaper Headlines

(Telecompaper) Airtel has announced an agreement under which IHS will acquire over 1,100 telecoms towers in Zambia and Rwanda under a ten-year renewable contract. The deal will enable IHS to expand its African tower footprint to over 21,000 across five countries. The agreements will allow Airtel to focus on its core business and customers, enable it to reduce debt, and will significantly lower its capital expenditure on passive infrastructure.

Tags: assets tower zambia rwanda

 

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