Independent producer Chaparral Energy said Monday it’s selling its North Burbank (northeast Oklahoma) and Texas Panhandle enhanced oil recovery (EOR) assets for $170 million cash to an undisclosed buyer.
Canadian-based, Latin American-focused oil and gas company Frontera Energy said on Monday it will acquired the 36.36% outstanding share in Pacific Midstream from the International Finance Corporation and other related funds.
Spain’s utility Gas Natural Fenosa will sell €1.02 billion ($1.2 billion) worth of assets in Italy, as the company looks to exit the Italian market amid the new legal framework for distribution permits in the country.
Southern Co. and its Southern Company Gas unit are selling local natural gas distribution companies Elizabethtown Gas of Union, N.J., and Elkton Gas of Elkton, Md., to South Jersey Industries in an all-cash transaction with an enterprise value of roughly $1.7 billion.
Japan’s Jera said last week it’s acquiring a 50% equity interest in Linden Cogen Holdings, owner of a 972-megawatt natural gas-fired cogeneration complex in Linden, N.J., which supplies 10% of metropolitan New York City’s power.
German utility E.ON said Thursday it has invested in wind turbine startup b.ventus — a company offering single-source solution for wind power generation with potential for expansion, Kallanish Energy learns.
Norwegian state-owned renewable generator Statkraft has sold its 50% stake in UK offshore wind project Triton Knoll to Germany’s Innogy, in a move to exit offshore wind power generation, Kallanish Energy learns.
Italian utility Enel agreed on Monday to sell a majority stake in 1.7 gigawatts (GW) of renewables capacity in Mexico to Canada’s institutional investor Caisse de dépot et placement du Québec (CDPQ) and Mexican pension funds CKD Infastructura México (CKD IM).
UK’s engineering services companies Wood Group and Amec Foster Wheeler announced on Monday the formation of a “global leader” in project engineering and technical services to the energy and industrial markets, Kallanish Energy reports.