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Duke Energy buys majority stake in California solar developer

2015-02-09 17:00:24| Energy - Topix.net

The majority-stake sale to Duke is the first major move by REC Solar since CEO Al Bucknam took over the company in October. Duke Energy Renewables plans to invest $225 million over the next several years in building and operating solar projects for commercial customers after purchasing a majority stake in California solar company.

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PPG Submits Offer to Acquire Majority of Le Joint Francais Aerospace, Automotive Sealants Business

2015-02-02 06:00:00| Coatings World Breaking News

Tags: business offer automotive majority

UPDATE 1-Egypt's Global Telecom to sell Djezzy majority stake for $2.6 bln

2015-02-01 16:50:33| Telecom - Topix.net

Egypt's Global Telecom will sell a 51 percent stake in Djezzy for $2.6 billion while keeping operational control of the Algerian mobile operator, Global said in a statement on Sunday. The sale to the Algerian National Investment Fund is the result of a deal reached last April between GTH's Russian parent firm Vimpelcom and Algeria to end a dispute over the country's moves to nationalise Djezzy.

Tags: sell global update majority

Pattern Energy acquires majority share in Green Power Investment in Japan

2015-01-29 01:00:00| Power Technology

Pattern Energy Group, alternatively known as Pattern Development, has purchased majority share in Green Power Investment (GPI), thereby expanding its portfolio with nearly 1GW of wind and solar power developments.

Tags: power share japan green