Search results for: Merger

225 results

A list of search results

3 April 2017 Business & Finance

The merger between Gamesa and Siemens Wind Power has become effective as of 3 April, after the registration of the combined company in the Mercantile Registry of Biscay, in Spain.

13 March 2017 Authorities, Business & Finance, Technology

The European Commission has cleared unconditionally under the EU Merger Regulation the proposed acquisition of wind turbine manufacturer Gamesa by Siemens.

3 March 2017 Business & Finance, Contracts & Tenders

The European Commission will decide on the Siemens-Gamesa merger by 13 March. The deal involves Gamesa absorbing Siemens’s wind power assets in exchange for newly-issued shares in Gamesa, with Siemens owning 59% of the new company and Iberdrola retaining an 8% interest.

29 November 2016 Business & Finance

Following the appointment of J.P. Morgan to asses the market conditions for a potential sale of its oil and gas business, DONG Energy is now reportedly in negotiation with Maersk over a merger of their fossil fuel units, as DONG is focusing fully on offshore wind and Maersk on transport and logistics.  The merger would result in a […]

26 October 2016 Authorities, Business & Finance, Operations & Maintenance, R&D, Technology

Gamesa's shareholders representing 99.75% of the company's share capital ratified the merger with Siemens Wind Power during an Extraordinary General Meeting held in Zamudio, Spain, on 25 October. Through this transaction, Gamesa will absorb Siemens's wind power assets in exchange for newly-issued shares in Gamesa. Siemens will own 59% of the new company, while Iberdrola will retain […]

17 June 2016 Business & Finance, Technology

French energy company Areva has agreed to waive existing contractual restrictions in Gamesa's and Areva's offshore wind joint venture, Adwen, simplifying the merger between Gamesa and Siemens, the binding agreement for which was signed on Friday, 17 June. As part of these agreements, Gamesa - in alignment with Siemens- grants Areva a put option for Areva's 50 […]

29 April 2016 Authorities, Business & Finance, Vessels

Norway's Bonheur ASA and Ganger Rolf ASA will complete their merger on 6 May, with Bonheur ASA as the surviving entity, the companies said in a stock filing. The last day the two companies will trade separately on the Oslo Stock Exchange will be 4 May, according to the statement. The merger will be carried out assuming no objections […]

1 April 2016 Authorities, Business & Finance

Spanish wind turbine maker Gamesa has offered to sell its 50% stake in Adwen to its French joint venture partner Areva to remove the last hurdle standing in way of its recently announced merger with Siemens, Spain's daily Expansion cited unnamed sources as saying. The sources told Expansion that banks are already carrying out financial valuation of the potential […]

25 March 2016 Business & Finance

Reportedly, Siemens is likely to buy Adwen, a joint venture between Areva and Gamesa, as part of its merger with Gamesa.  During these first months of 2016, Siemens and Gamesa have been in final talks over an agreement to merge their wind power businesses and thus make the world's largest wind turbine manufacturer. However, up until now, onshore wind […]

16 March 2016 Business & Finance

Shareholders and executives at Bonheur ASA and Ganger Rolf ASA approved a recently proposed merger between the two companies during Extraordinary General Meetings (EGMs) held separately today. The Chairman of the Shareholders' Committee chaired the EGM. All items on the agenda, which was sent to Oslo Stock Exchange on 23 February 2016, were unanimously resolved […]

8 February 2016 Business & Finance

The boards of directors of Bonheur ASA and Ganger Rolf ASA have resolved to propose a merger of the two companies, with Bonheur being the surviving entity and maintaining its listing on the Oslo Stock Exchange. The corporate structure of Bonheur and Ganger Rolf has historically taken the form of a cross ownership between the two companies, […]

25 February 2015 Business & Finance

The European Commission (EC) will undertake an in-depth investigation to assess whether GE-Alstom merger is in line with the EU regulations. Commissioner Margrethe Vestager, in charge of competition policy, said: "We are concerned that the proposed acquisition might not only lead to higher prices but also result in less choice for customers and less innovation […]

11 September 2013

DNV GL will be the world’s largest ship and offshore classification society to the maritime industry, a leading provider of technical assurance and risk management services to the oil & gas industry and a leading expert in wind and power transmission and distribution. DNV GL also takes the position as one of the top three […]

4 October 2011 Business & Finance

Cape Wind Associates, the company behind the 130-turbine wind farm to be built in Nantucket Sound, are urging Massachusetts regulators... By Erin Ailworth (boston) [mappress] Source: boston, October 04, 2011

30 September 2011 Authorities

The largest Massachusetts-based investor-owned electric and gas utility in the Bay State may be forced by political pressure to buy Cape... By Gale Courey Toensing (indiancountrytodaymedianetwork) [mappress] Source: indiancountrytodaymedianetwork, September 30, 2011

26 September 2011 Business & Finance

The nation's first offshore wind farm enjoys high-profile federal and state backing, but it hasn't been able to win over one... (Associated Press) [mappress] Source: Associated Press, September 26, 2011

11 March 2011

Massachusetts regulators are adopting a new standard for approving utility mergers by requiring companies prove the merger will help the... By Steve LeBlanc (therepublic) [mappress]   Source: therepublic , March 11, 2011        

9 March 2011

The Board of IBERDROLA has today made the proposal to the subsidiary, which will analyze it over the next few days. Attractive conditions proposed for transaction structure and pricing: * 16.7% premium over average share price of past 6 months (€2.978 per share) * 2.7% premium over exchange equation at time of original share launch […]

23 January 2011 Business & Finance

Cape Wind Associates is among the 16 parties approved to take part in the review process for the proposed utility merger between NStar and... By Kyle Alspach (masshightech) [mappress] Source: masshightech, January 24, 2011

30 December 2010 Authorities

As Massachusetts prepares to review a proposed utility merger between NStar (NYSE: NST) and Northeast Utilities (NYSE: NU), outgoing Patrick... By Kyle Alspach (bizjournals) [mappress] Source: bizjournals, December 30, 2010

23 December 2010 Authorities

The Patrick administration is signaling it will hold hostage the proposed Nstar-Northeast Utilities merger unless the two electric companies agree to buy Cape Wind power and prove they have “outstanding track records” on clean-energy issues. In a recent speech to utility insiders, Gov. Deval Patrick’s outgoing environmental and energy czar Ian Bowles said the regulatory […]

17 June 2019 Jobs & Recruitment

LOC Group has appointed RV Ahilan to the position of Chief Executive Officer (CEO), who will continue leading the company's renewables business activities. Ahilan previously held the role of Joint CEO at the company, alongside Jerome Rutler, who will take up the position of Deputy CEO overseeing Operations and Mergers & Acquisitions. The company said its […]

12 June 2019 Business & Finance

C-Ventus Offshore Windfarm Services BV has merged with 4SEAS BV to jointly service the offshore wind industry. The merger, concluded on 3 June, will see all 4SEAS personnel and activities, including ongoing projects and opportunity pipeline, handled by the new company which will trade under the C-Ventus name. “Since 4SEAS main focus appeared to be the […]

8 April 2019 Authorities, Business & Finance

The European Commission has fined General Electric (GE) EUR 52 million for providing incorrect information during the investigation under the EU Merger Regulation of GE's planned acquisition of LM Wind Power. On 11 January 2017, GE notified its proposed acquisition of the blade manufacturer. In this notification, GE stated that it did not have any […]

26 February 2019 Authorities, Business & Finance

The European Commission has approved under the EU Merger Regulation the acquisition by RWE of E.ON's renewable and nuclear electricity generation assets. Under the agreement reached in March 2018, E.ON is to take over RWE’s 76.79% stake in innogy, whereas RWE is to obtain among other things all of E.ON’s major renewable energy activities and innogy’s renewable energy […]

5 February 2019 Grid Connection

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Diamond Transmission Partners by Diamond Transmission Corporation Limited (DTC) and by Infrared Capital Partners Limited (IRCP). Diamond Transmission Partners is the holding company of the Offshore Transmission Owner (OFTO) for the 573MW Race Bank offshore wind farm, active in […]