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Germany Says No To Fracking, Divests From Fossil Fuel Stocks

2016-06-27 10:52:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Green: Environmental groups have enormous political power in Germany. For years, they have been urging the federal government to ban fracking. A policy review has been ongoing at the highest levels for more than 5 years. Finally, the fossil fuel companies said they had waited long enough and announced they would seek permits to begin fracking operations immediately. That was enough to spur the government to act. On Friday, the lower house of the German legislature enacted a ban on fracking. Chancellor...

Tags: germany fuel stocks fossil

 

EDF EN Canada divests 50% interest in Mont Rothery wind project

2016-06-10 01:00:00| Power Technology

French renewable energy group EDF Energies Nouvelles' subsidiary EDF EN Canada has closed on the asset purchase agreement with MD1 WIND to sell its 50% stake in the 74MW Mont Rothery Wind Project.

Tags: canada interest project wind

 
 

Li & Fung divests Asia distribution business

2016-05-03 14:52:00| Daily apparel & textile news and comment - from just-style.com

Global sourcing giant Li & Fung Limited has sold its Asia consumer and healthcare distribution business in a deal that will allow it to tighten its focus on its core trading and logistics operations.

Tags: business distribution asia fung

 

Vancouver Airport Authority divests remaining stake in Vantage Airport Group

2016-04-29 01:00:00| Airport Technology

Vancouver Airport Authority, operator of Vancouver International Airport (YVR), has sold its remaining 50% stake in Vantage Airport Group to the other shareholder, Gateway Airports.

Tags: group remaining authority airport

 

SunCoke Energy, Inc. Divests Coal Mining Business To Revelation Energy

2016-04-15 06:43:42| econline Home Page

SunCoke Energy, Inc. (NYSE: SXC) has divested its coal mining business to Revelation Energy, LLC in a transaction that includes substantially all of SXC’s remaining coal mining assets, mineral leases, real estate and mining reclamation costs. Under the terms of the deal, which closed April 6, Revelation Energy will receive approximately $10.3 million from SXC to take ownership of the assets and associated costs. In conjunction with the transaction, Revelation Energy and SunCoke’s Jewell

Tags: business energy mining coal

 

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