Alstom: Power grids to spend US$64.3 billion on new equipment by 2020

According to Alstom's estimates, by 2020, the grid businesses would spend US$64.3 billion for new equipment.


CORRECTED: Singapore firm invests on Caribbean resort

Asia Pacific Investment House invested in St. Kitts & Nevis' Paradise Haven. (CORRECTION: Updated facts related to the investment done in Paradise Heaven.

San Miguel receives offers to buy bank and power shares

Philippines' largest company gets offers to purchase its shares in bank and power company. San Miguel Corporation (SMC) confirmed that it obtained offers to buy its shares in its electricity and banking businesses.

Balfour Beatty establishes venture with Sydney Water for Australian water projects

Balfour Beatty Plc created a venture with Sydney Water for Au$150 million water projects in Australia.


Latest News

Griffin-American makes its first investment outside of the US by purchasing a UK portfolio for US $447.8 million.
EasyJet gets approval from majority of its shareholders to proceed with its plan to purchase additional Airbus planes.
BackOps receives investment from Sherpa Ventures. Sherpa Ventures announced today that it will be investing for the first time in on-demand labor company BackOps.
Heat Biologics increased IPO target to US$33 million. Heat Biologics set a top target for its initial public offering. From US$24 million, the company now aimed to raise US$33 million.
Good Energy Group Plc would sell 3.1 million stocks to finance UK solar park developments. Britain's renewable power provider, Good Energy Group Plc, planned to raise GBP3.
Brookfield Canada Office Properties acquired Toronto's Bay Adelaide Centre East Development for Ca$602 million.
NanoSatisfi, which is working on its expansion projects, gets US $300,000 funding from Grishin Robotics.
Harbor Star cancelled its Php593 million IPO to September. Harbor Star Shipping Services Inc. put off its Php593-million initial public offering (IPO) to September.
Vertu Motors acquired its first Volkswagen dealerships for GBP3 million. Vertu Motors acquired its first Volkswagen dealership for GBP3 million. This was the company's second acquisition since its GBP50 million share placing in May.
Playtech acquired PokerStrategy.com Limited and its fellow subsidiaries. Playtech announced today its acquisition of PokerStrategy. com Limited along with its fellow subsidiaries.