Utilities

Senate Investigations Panel examines records on JPMorgan FERC probe

The US Senate investigation panel had asked energy regulators to hand over documents from an investigation with JP Morgan Chase & Co.

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Emera to acquire natural gas generation facilities

Emera Inc. announced that it had entered an agreement to acquire three combined electricity generating plants in New England for USD541 million.

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JPMorgan: U.K. Water M&A possible amid regulator review

JP Morgan Chase & Co. said that M&As within the UK water industry still exits amid regulatory price review.

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FHFA to Seek USD6 Billion in JPMorgan settlement

The Federal Housing Finance Agency (FHFA) had pegged USD6 billion as settlement amount for the agency to stop seeking action against JP Morgan

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Dollar declines after US housing sales plunge in July

The sales of US homes unexpectedly fell in July that had caused the US dollar to plunge against the Euro.

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Harbert Management closes fifth fund with USD 200 million

Harbert Management Corp announced that the interim closing of Harbert Power Fund V so far raised USD 200 million.

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Indian startup company to hire luxury cars for customers

CommonFloor to use luxury vehicles for taxi services.

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Blackstone to sell Broadgate stake for USD2.7 billion

Blackstone Group LP agreed to sell its 50% stake in the Broadgate office complex valued GBP1.7 billion according to sources familiar with the deal.

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Wang Jianlin becomes China's wealthiest person

Wang Jianlin, China's property mogul and also the wealthiest person in the country, said that he would increase his property holdings by 88% in 2014 and would expand overseas acquisitions.

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Thames Water Set to Increase Charges

Thames Water Set to Increase Charges and is seeking its regulator's permission.

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Billionire Elon Musk receives US$4.3 million of share options for his work on Model X

Billionaire Elon Musk would receive US$4.3 million in share-based pay for his recent work on Tesla's Model X sport-utility vehicle.

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Rock Hill Capital exits Blackhawk Specialty Tools

Rock Hill Capital revealed it had sold its stake in Blackhawk Specialty Tools to Blackhawk's management and Bain Capital.

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Chesapeake exits its Clean Energy investment

Chesapeake stated they had sold off its entire 1.1% stake in Clean Energy Fuels Corp. to Leonard Green & Partners and T. Boone Pickens

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Siemens to sell water technologies unit

Sources said Siemens is selling water technologies unit to private equity firms.

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Pennon Group hires Ian McAulay of MWH Global as chief executive of Viridor Limited

Pennon Group announced that they had hired Ian McAulay as chief executive officer of Viridor Limited and executive director with the Pennon Group Board.

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