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NextEra Energy Partners to acquire indirect 24% stake in Desert Sunlight Investment Holdings

2016-09-12 01:00:00| Power Technology

NextEra Energy Partners has signed an agreement with a subsidiary of its sponsor NextEra Energy Resources to acquire an indirect 24% stake in Desert Sunlight Investment Holdings.

Tags: partners energy investment desert

 

Statkraft explores stake sale in UK offshore wind assets totalling 5.5GW

2016-09-09 01:00:00| Power Technology

Statkraft is exploring the sale of stakes in offshore windfarms in the UK, which have a total installed capacity of around 5.5GW.

Tags: sale wind assets offshore

 
 

August's top stories: Mezzan buys 70% stake in Al Safi Food, China extends anti-subsidy duties

2016-09-09 01:00:00| Food Processing Technology

Mezzan acquired a 70% stake in Al Safi Food Company, and China extended the anti-subsidy duties on imports of broiler chicken products from the US for another five years. Foodprocessing-technology.com wraps up key headlines from August 2016.

Tags: top china food stories

 

Intel spins off McAfee, sells majority stake to TPG

2016-09-08 09:07:00| Telecompaper Headlines

(Telecompaper) Intel has sold a 51 percent stake in McAfee to TPG for USD 3.1 billion, with the total business valued at USD 4.2 billion. The unit will be spun out of Intel Security, keep its McAfee name and operate as an independent cybersecurity company. Chris Young, Intel senior VP and Intel Security general manager, will lead the new company. Intel will retain 49 percent of the company after completion of the transaction, expected near the second quarter, subject to regulatory and other closing conditions. Intel bought McAfee in 2010 for USD 48 per share cash, or a total of USD 7.68 billion.

Tags: majority intel sells stake

 

Telia divests stake in Tajik operator Tcell

2016-09-07 09:43:00| Telecompaper Headlines

(Telecompaper) Telia agreed to sell its 60 percent holding in Central Asian Telecommunications Development, which controls the Tajikistan operator Tcell, to the Aga Khan Fund for Economic Development (AKFED). AKFED is already a minority owner in Central Asian Telecommunications Development with a 40 percent holding. The transaction is expected to close by the end of 2016 and is subject to regulatory approvals in Tajikistan. The deal gives Tcell an enterprise value of USD 66 million.

Tags: operator stake telia tajik

 

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