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Latest Financial News
Asset Reconstruction Company (India) Files RHP for September 9 IPO
Arcil’s IPO will be an all-offer-for-sale issue of up to 52.73 million shares, with bidding scheduled for Sept. 9-11 and NSE designated as the stock exchange for the…
Chevron Expands Venezuela Oil Position With $7 Billion-Plus Five-Year Investment Plan
Updated terms and new Carabobo acreage support plans by Chevron’s Venezuelan joint ventures to invest more than $7 billion over five years and lift production to about 600,000…
Equinix and CPP Investments Complete $4 Billion atNorth Acquisition
CPP Investments will hold about 51% of the Nordic data-center operator, with Equinix at roughly 34% and Partners Group reinvesting for about 10%.
Vertiv Announces $1.45 Billion UtilityInnovation Group Deal, With Up to $1.15 Billion Earnout
Vertiv agreed to pay about $1.45 billion in cash at closing for UtilityInnovation Group, with two performance-based earnout tranches that could add up to $1.15 billion.
FuelCell Energy Lands First 75 MW Data-Center Capacity Reservation as Backlog Expands
The Texas reservation gives an unnamed data-center operator priority access to manufacturing capacity, while FuelCell Energy reported $1.30 billion of committed backlog and $2.35 billion of awarded capacity…
Solaris Energy Infrastructure Buys Omega to Add Data-Center EPC Capabilities
Solaris is adding Omega’s heavy-civil and EPC capabilities to its power infrastructure platform, with consideration including cash, assumed debt and leases, and 3.6 million shares.
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