Credit to Author: Darrell Proctor| Date: Tue, 09 Jul 2024 18:42:13 +0000
Unitil Corp., the largest provider of natural gas in Maine, on July 9 said it has a deal to purchase Bangor Natural Gas Co., which has been the state’s No. […]
The post Largest Maine Natural Gas Provider Acquiring Second-Largest Supplier appeared first on POWER Magazine.
Credit to Author: Aaron Larson| Date: Wed, 12 Oct 2022 18:28:36 +0000
A consortium comprised of Brookfield Renewable Partners, together with its institutional partners, and Cameco Corp. announced on Oct. 11 an agreement to acquire Westinghouse Electric Co. from Brookfield Business Partners (BBU). The deal has a total enterprise value of about $8 billion, including proceeds from the disposition of a non-core asset expected to be received […]
The post Nuclear Giant Westinghouse Acquired by Renewable Power Company and Uranium Fuel Supplier appeared first on POWER Magazine.
Read moreCredit to Author: Kyle Field| Date: Tue, 19 Nov 2019 20:05:04 +0000
The Nikola Motor Company dropped a bomb on the electric vehicle industry today with news of a pending acquisition of a team that has developed next generation battery technology. The news comes with claims of a cathode with 4 times the energy density of today’s lithium-ion cells, lasts for 2,000 cycles, and at a cell cost of 50% less than today’s lithium-ion cells
Credit to Author: Aaron Larson| Date: Mon, 07 Oct 2019 20:11:59 +0000
The post Distress and Deals Continue to Persist in Energy Sector appeared first on POWER Magazine.
At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]
The post Distress and Deals Continue to Persist in Energy Sector appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 26 Sep 2019 23:19:59 +0000
The post Westinghouse Will Acquire Rolls-Royce’s Civil Nuclear Business appeared first on POWER Magazine.
Westinghouse Electric Co. will acquire Rolls-Royce’s Civil Nuclear Systems and Services business in North America for an undisclosed amount under a “definitive agreement” announced on Sept. 26. The merger will conjoin two of the most traditionally significant nuclear businesses in the U.S. and the UK and give the two industry giants more clout in the […]
The post Westinghouse Will Acquire Rolls-Royce’s Civil Nuclear Business appeared first on POWER Magazine.
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