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9th February 2010
The European Bank for Reconstruction and Development’s (EBRD) board of directors has approved a €150m sovereign loan to state-owned Serbian natural gas company Srbijagas to finance the upgrade of the country’s gas transmission network and the construction of a new gas storage facility.
20th November 2009
New Jersey-based waste and recycling services authority Atlantic County Utilities Authority has awarded Nasdaq-listed Clean Energy Fuels a contract to design, build, and maintain a new public access compressed natural gas fuel station.
13th October 2009
In his tenth consecutive monthly update on the level of foreign oil imports, energy expert T Boone Pickens warned that US dependence on foreign oil shows no signs of diminishing and remains the country’s top national security threat.
24th September 2009
Clean Energy Fuels has signed a purchase and sale agreement to acquire BAF Technologies of Dallas, Texas, a provider of natural gas vehicle (NGV) systems and conversions in the US. The acquisition will close upon each party meeting certain closing conditions.
13th August 2009
US energy tycoon T Boone Pickens insists the US can strengthen the nation’s economic security and break its addiction to foreign oil by reverting to the cleaner, cheaper energy source natural gas.
6th July 2009
US energy-focused private equity firm Energy Investors Funds, through its United States Power Fund III, has closed an investment in Astoria Energy II, a limited liability company created to develop, construct, own and operate a new natural gas-fired power plant in Astoria, Queens Borough, New York. USPF III will own the largest equity stake, in terms of percentage, in the project. Other financial terms of the transaction were not disclosed.
6th July 2009
Prometheus Energy, a US renewable energy company, has reportedly closed a $20m funding round led by Dutch firm Kenda Capital and US-based private equity firm Black River Asset Management.
15th May 2009
In an interview with FOX Business Network, energy tycoon and wind investor T Boone Pickens predicted oil prices will hit ‘$70 before $50′ and that oil will be at ‘$75 a barrel by the end of the year’.
3rd March 2009
Microgy, a subsidiary of Environmental Power Corporation, and electricity utility Xcel Energy have signed a ten-year natural gas supply agreement.
10th February 2009
PNG Ventures has appointed Cem Hacioglu as president and CEO.
24th November 2008
Clean Energy Fuels has begun operations at its liquefied natural gas (LNG) plant in California, US.
11th November 2008
The US utility industry will need to invest between $1.5 and $2tn between 2010 and 2030 in order to maintain current levels of reliable energy service for customers throughout the US, according to consulting firm The Brattle Group’s latest report.
10th November 2008
The Regional Transportation Commission of Southern Nevada (RTC) has agreed to transfer ownership of five Las Vegas natural gas fueling stations to Clean Energy Fuels Corp.
James Hall-Smith of HSBC discusses the drivers behind the growth of the European renewable energy scene and the opportunities this affords to infrastructure investors and project financiers alike.
‘I think there is an increased interest from a corporate governance and sustainability perspective. This makes many institutions focus on this area. There is also a recognition of the drivers behind environmental infrastructure, from the fundamentals of creating the best opportunity to tackling climate change, whilst also looking to gain energy security and satisfy the social and political drivers.'--- 1 Comment
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