Koch Industries Inc had announced its acquisition of a 1,055-megawatt Odessa Power plant in Texas. On Tuesday, Koch Industries Inc said that it had bought the 1,055-megawatt Odessa Power plant through its unit of subsidiary Koch Energy Services LLC.
Funding
John Wood Group and Siemens AG form JV
A joint venture firm was agreed to be formed between Siemens AG and John Wood Group John Wood Group Plc, the energy service firm together with Siemens AG, the German industrial conglomerate, have announced the formation of a joint venture entity to create a globally integrated rotational equipment service unit.
Mergers abroad cuts corporate taxes in US firms - report
American companies had been seen doing mergers abroad most likely because of the lower taxes available in their new homes.
Enterprise1 secures GBP37.5 million from UK government, private investors
New venture fund received GBP37.5 million in investment commitments from public and private investors, including the UK government, to boost the tech industry in the nation.
Aldar Properties seek bridge loan to pay off maturing debt
Aldar Properties, after being bailed out by the Abu Dhabi government, had discussed obtaining a bridge loan to pay off debts.
Latest News
After accumulating nearly 6% of total shares in Talisman Energy, Carl Icahn has prepared to provide direction as to sales of assets of the Canadian energy firm.
Mark Cuban's insider trading trial saw emails he sent to then UBS SVP Charles McKinney support earlier testimony made by the Dallas Mavericks owner.
As reported by Dow Jones, Celesio shares increase after McKesson interest in buyout becomes public. After a report that the McKesson Corp was in discussions with Celesio AG majority shareholder Franz Haniel & Cie GmbH as to a possible buyout, share values of the German drug wholesaler rose to their highest in seventeen years.
Tele2 Russia and Rostelecom set to merge after an agreement was formalized to create the fourth largest mobile operator in Russia.
Francisco Partners, a private equity firm focused on technology, announced today a strategic investment in NexTech that would be subject to customary closing conditions.
Tata Power buys a wind farm while DLF Ltd divests one in differing transactions in Indian wind power generation business.
Venture funding amounting to USD1.5 million in venture funding was received by elevate DIGITAL for its expansion and development purposes.
The global satellite services would be expanded through the capital investment of I2BF Global Ventures in Dauria Aerospace.
Molecular Templates scored USD 8.5 million in its Series C round led by Excel Venture Management. Biopharmaceutical company Molecular Templates Inc closed its Series C financing with USD 8.
