After months of negotiations, Polish state-run utility PGE will to pay French energy group EDF some PLN 4.5 billion ($1.20 billion) for EDF assets in Poland, which includes eight combined heat and power (CHP) plants and the Rybnik power station, Kallanish Energy reports.
Houston-based Noble Energy is selling its stake in a company that operates natural gas pipelines in the Marcellus Shale in Pennsylvania for $765 million as it exists the Appalachian Basin, Kallanish Energy reports.
ConocoPhillips said Wednesday it completed the $13.3 billion sale to partner Cenovus of its 50% non-operated interest in the Foster Creek Christina Lake oil sands partnership and the majority of its western Canada Deep Basin gas assets.
British private equity firm, Actis, has purchased 346-megawatt onshore wind capacity in Brazil, through the undisclosed acquisition of two wind farms in the country’s northeast region from local Casa dos Ventos.
Brazil’s oil and gas company Petrobras has invited companies to take part in the bidding process to sell a 100% stake in its onshore Azulão gas field, located in the Amazon Basin, northern Brazil, Kallanish Energy learns.
Malaysia’s state-owned utility TNB has concluded the purchase of a 50% stake in a UK’s 365-megawatt solar photovoltaic portfolio from TerraForm, through its wholly subsidiary Vortex Solar UK, Kallanish Energy learns.