Waste-to-energy company EnerTech raises $42 million
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The company converts municipal solid waste, including sewage sludge, into a solid that can be burned as fuel.
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Britain&#39;s Diageo Plc (DGE.L: Quote, Profile, Research) , the world&#39;s biggest spirits group raised $2.26 billion from its sale of 49.
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Shares in French energy services company Technip  surged more than 14 percent on Friday after media reports that Italian oil major ENI  or Saipem , the engineering firm ENI controls, could launch a 6-billion-euro ($7.8-billion) bid.
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Robert Stec would like to help clean up the nation's dirty air, but at &#36;1 million a plant to install air-pollution control technology, it would be cheaper for him to move his furniture manufacturing business overseas.
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Cintra is selling 38 percent of its share capital in an effort to raise between 1.53 billion euros and 1.64 billion euros ($1.96 billion to 2 billion), according to media reports.
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J.E. Robert Cos. completed raising $823 million from about 40 institutional and private equity investors this week.
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The company continues to bolster its growing position in renewables.
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(InfoWorld) - The EIA (Electronic Industries Alliance), a trade group representing manufacturers of tech products, has come up with a recycling agreement supported by both television and computer hardware makers, it said Thursday. The agreement, covering TV sets, computer monitors, desktops, and laptops sold to consumers, is the first e-waste plan supported by a consensus of TV and IT hardware manufacturers, said Matthew Flanigan, the EIA's interim president and CEO. EIA members will use the agreement to push for the U.S. Congress to pass a consistent national e-waste policy, EIA officials said. Five states have passed electronics recycling laws, and all of those laws differ significantly, said Richard Goss, EIA's vice president of environmental affairs. Congress "is our preferred venue for getting this issue resolved," Goss said. "I don't think it serves anyone's interest -- the manufacturers, the retailers, the recyclers, the general public alike -- to have this patchwork of state approaches." Under the EIA plan, retailers of TV sets would collect a recycling fee when the sets are purchased. That fee, not yet determined, could give the entire cost of transport and recycling for televisions. For computer hardware, manufacturers would be required to offer "reasonably convenient" recycling services at no cost to consumers. Several IT hardware makers have already instituted recycling programs, while most TV set makers have not. The TV fee would be temporary to help pay for the recycling of the millions of TV sets already sold, EIA officials said. The EIA will share the agreement with members of Congress interested in e-waste issues. One bill in Congress, introduced in January by Representative Mike Thompson, a California Democrat, would establish a recycling program through the U.S. Environmental Protection Agency. The recycling fee could not be more than $10 per piece of hardware. Several manufacturers praised the agreement. The plan is an "important step forward in achieving industry consensus," Matt Krupnick, public policy counsel for Dell, said in a statement. The agreement would require manufacturers to keep recycling records and to use recyclers that meet environmental management standards. Another part of the agreement calls for manufacturers to meet hazardous materials restrictions established by the European Union's Restriction on Hazardous Substances directive and a similar California statute. It's important for manufacturers marketing products worldwide to have similar requirements in the countries they sell to, Goss said.
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First-half earnings at Xstrata Plc   rose 42 percent on higher commodity prices, a stronger  dollar and efficiency gains, the Swiss-based company said on  Wednesday.
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Shares in French energy services company Technip  surged on Friday on new reports that Italian oil major ENI  could launch a 6-billion euro ($7.8-billion) bid to merge it with its Saipem subsidiary.
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Investment manager T. Rowe Price Group  Inc. TROW.O said on Friday that quarterly profit rose 42  percent to a record, helped by a big increase in investment  advisory revenues.
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Blog: Energy efficiency technology to manage peak demand attracts more clean tech investment.
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CANBERRA (Dow Jones)--Renewable energy generator Pacific Hydro Ltd. (PHY.AU) reported Wednesday a 39% jump in net profit, including a one-time tax benefit, to A$40.7 million in the fiscal year ended June 30, up from A$29.3 million in the previous year.
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Utility E.On AG said Friday it raised its offer for Spain's Endesa SA to $53.4 billion as it delivered its final bid in a more than year-long takeover saga.
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GreatPoint Energy Inc., a Cambridge-based start-up that has developed technology for converting coal to natural gas, yesterday said it had raised $100 million - one of the largest venture-capital rounds ever in the clean-energy field - to fund construction of a demonstration plant.
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LAS VEGAS - The parent company of Nevada&#39;s two major electric utilities has won a rehearing of a federal bankruptcy court ruling that said it owed more than $300 million to energy trader Enron Power Marketing.
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The new UN alliance's guidelines are to address one of the fastest-growing types of trash in the world -- e-waste -- which will soon reach 40 million metric tons annually, enough to fill a line of dump trucks stretching half way round the world.