United Utilities sells green interests
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POWER group United Utilities is to sell its green energy assets in Australia to Novera Macquarie Renewable Energy. The deal, worth Â£63m, is for 40 green energy projects, with a total generating capacity of
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National Grid Transco, the Britain-based deliverer of energy, announced it has agreed to sell four of its gas distribution networks to consortia in cash deals worth 5.8 billion pounds (8.6 billion euros, 10.4 billion dollars).
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Ionics Inc. , a Watertown water treatment company with global operations, agreed to be purchased yesterday by General Electric Co. for $1.1 billion in cash.
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Investments in clean technology rises as companies find going green can be good for the bottom line.
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A 25% stake in nuclear power station firm British Energy is to go on sale immediately to fund nuclear clean-up costs.
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Battery maker Rayovac Corp. ROV.N is  close to a deal to acquire privately held United Industries  Corp., a maker of lawn and garden products, for about $476  million in cash and stock in a bid to diversify its product  mix, sources close to the situation said on Monday.
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The unit was sold for $10.3 billion to a group of private equity firms that will take an equal stake in the company.
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The four networks have been bought by consortia which include Scottish &amp; Southern Energy and United Utilities. Transco said that it would return about Â£2bn to shareholders following the sale and would increase its dividend for the current year by 20%.
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WATERTOWN, Mass. -- A unit of General Electric Co. said Wednesday it will buy Ionics Inc. for $1.1 billion in cash, not counting about $200 million in debt GE will assume in its purchase of of the water treatment company.
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Avant-green market traders are going beyond mere carbon offsets. They've started buying up forests and rivers that keep the planet clean and diverse, and then selling shares in the natural services provided by these resources. Will it work?
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The Calgary-based energy company said Thursday in filings with Canadian and US regulators that Ottawa intends to sell all of its shares to investors in Canada, the United States and internationally.
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NEWARK, NJ -- A huge Chicago-based utility company is in talks with Public Service Enterprise Group to acquire New Jersey&#39;s largest provider of electric and gas services for $12 billion, according to published reports.
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Iberdrola plans to buy the regional utility owner Energy East Corporation for $4.5 billion in cash.
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The Exelon Corporation, the owner of utilities in northern Illinois and eastern Pennsylvania, is in talks to acquire P.S.E.&G.
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AGL has agreed to sell its majority shareholding to Vector at $3.00 per share - a deal worth $877.4 million in total. Bloomberg noted that NGC would provide Vector with North Island gas pipelines, adding to
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Business & money: Â£2.2bn stake in nuclear power generator to be used to help clean up the company's existing sites.
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The gas and electric company Dominion Resources said that it would sell some of its operations in the United States for a combined $6.5 billion.