Utilities

French water utility company buys Proactiva

Veolia Environment struck a deal to acquire Spanish Proactive Medio Ambiente.

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London Home Prices Increases Renters

As the London housing prices increases to a capital average of more than GBP500000, more households are rising to become renters.

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JPMorgan: Africa Has Solid Strength in Sovereign Wealth Funds

JPMorgan Asset Management Inc. said that Africa is experiencing a strong growth over its sovereign wealth funds worldwide.

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UPDATE: Unless Severn Trent Engages in Discussion, Bid Consortium Will Walk Away

LongRiver Consortium will walk away from the proposed US$8.2 million bid unless Severn Trent engages in discussion with the company.

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Marubeni Leaves Energy Arm In Gavilon’s Deal

Japan’s Marubeni said that it will leave Gavilon’s energy arm from the proposed takeover deal.

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Severn Trent Rejects Increased US$8.2 Billion Takeover Bid

Severn Trent rejected the raised bid from LongRiver consortium.

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Marubeni Set to Takeover Gavilon's Energy Division

Marubeni Corp. is in advanced discussions to takeover Gavilon's energy division at US$5.6 billion.

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LongRivers Partners to make new bid for Severn Trent

LongRivers Partners to make a new bid for water utilities firm Severn Trent Plc.

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Tanzania Pursues Chinese, Indian Investors

After a failed privatization attempt with the water supply in Tanzania, the country is now in talks with companies from China, India and Israel to pursue its water-supply and sewer projects.

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JPM Fails Challenge to California Cost Recovery Plan

JPMorgan Chase & Co. (JPM) loses its challenge to the cost-recovery plan that the California grid operator requires as set by the Federal Energy Regulatory Commission (FERC).

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Settlement Reached for Jefferson County’s Sewer Debt

Jefferson County finally reached settlement for its debts with seven hedge funds including JPMorgan Chase & Co.

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Skyline Innovations Announces US$2M Mezzanine Financing Round

Skyline Innovations announced mezzanine financing round worth US$2 million.

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TECO Energy and Continental Energy to Purchase New Mexico Gas

TECO Energy and Continental Energy agrees to purchase New Mexico Gas Co.

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BEH of Bulgaria to Meet Potential Investors for Eur250M Bond

BEH sets meeting for possible investors for its Eur250 million bond issue.

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Nebras is new Qatari investment firm

Nebras Power would invest overseas.

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