Carlyle contemplates share sale of Medical Park, General Lighting
Washington-based Carlyle Group could possibly sell its shares in Turkey's Medical Park and Saudi Arabia's General Lighting.
Utilities
Texas Daily Power Consumption Hits All-Time High for May Amid Heat Wave
Texas experienced a record-breaking daily power consumption in May due to an ongoing heat wave.
US Water Utilities Targeted by Cyberattacks; EPA Warns Cyberbreaches Becoming More Severe, Frequent
US water utilities are targeted by cyberattacks more frequently. EPA warns that the cyberattacks are becoming more severe as well...
Free Laundry for Millions of People? Students Discover Security Bug in CSC ServiceWorks That Could Make This Happen
Free laundry? Millions of people could get it after some students discovered a security bug in CSC ServiceWorks' systems...
Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord
Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year...
Millions of Americans Exposed to Gas Stoves Face Higher Risk of Breathing More Unhealthy Nitrogen Dioxide: Study
A recent study on air pollution in American households revealed that t...
Icons: Airbnb Launches Hollywood-Theme Houses Inspired From ‘Up,’ ‘X-Men 97’ Mansion
Airbnb is expanding its reach into the world of entertainment, specifi...
Latest News
Singaporean state fund GIC Pte invests in Brazilian sewage and water treatment plant
A BRL 300 million investment would be done GIC Pte in Aegea Saneamento e Participacoes SA.
Eni to exit stake in German gas networks - report
German newspaper Stuttgarter Zeitung said on Wednesday that utility company EnBW would be buying Italian energy company Eni's stake in the German natural gas transmission networks they co-owned.
EDF nears Citelum acquisition amidst ownership dispute of its owner
Despite an ownership dispute, Electricite de France (EDF) said it was in exclusive discussions with Dalkia France for the purchase of urban lighting firm Citelum.
Nigerian President gives control of power firms to private companies
Nigerian President Goodluck Jonathan handed control of 14 power companies formerly owned by the state to private investors.
Goldman Sachs Group, Danish pension funds nears close of Dong Energy stake acquisition- source
A source told Bloomberg that a unit of Goldman Sachs and two Denmark-based pension funds were close to purchasing a stake in Denmark utility Dong Energy.
India receives ADB loan for energy and utilities projects
The Asian Development Bank had allotted two loans for renewable energy and utilities projects in both eastern and western India.
News of Gazprom divesting shares leads to rise of Amber Grid
Investors welcomed the news that Gazprom would be divesting itself of the 37% stake it holds in Lithuania's Amber Grid.
RWE divesting assets and cutting back on labor force
In a bid to cut overall costs, RWE had laid out plans to sell off assets to financial investors as well as cut down on its employee headcount.
Crescent Real Estate Holdings exits properties to ride the real estate market rebound
Crescent Real Estate Holdings sold the properties it had bought in 2009 to ride the real estate market recovery.
