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Carlyle joins Gas Natural asset race
Carlyle is likely to bid through its joint venture with Riverstone Holdings for assets put up for sale by the Spanish gas company
Polyus fails to sell 5 per cent stake
Russia’s top gold miner, said on Friday its two main owners had decided not to sell a 5 per cent stake in the company ‘due to market conditions’
GE’s bid for Areva arm poses questions
The sale of Areva’s power transmission and distribution subsidiary sparks speculation about whether France really is ready to choose a foreign bid over a home-grown solution
Pennon weathers worst of crisis
The water and waste management group saw half-year profits rise 13% on the back of a strong performance by its two subsidiaries
CIC buys 20% stake in solar operator
China Investment Corp said it has bought a 20 per cent stake in GCL-Poly Energy, a Hong Kong-listed solar power plant operator, for HK$5.5bn (US$705m) as the sovereign wealth fund takes a bet on new energy
National Grid profits rise despite drop in demand
The supplier of electricity and gas in the UK and US reported a 16% rise in interim pre-tax profits despite a fall in demand from energy customers due to the recession
New EDF chief voices dissent
Henri Proglio has sparked a controversy just days before he takes over at France’s state-controlled nuclear operator by claiming the country’s showcase atomic industry is not working
Businesses told of rising risk
Companies that operate abroad face increased risks to their investments in 2010 as the impact of the recession creates new challenges
BHP chief says big mining will meet demand
Big mining houses have the capacity to meet rising demand for fuels and ores, says Marius Kloppers, downplaying fears by industrialising nations over ‘resources security’
Tankers store oil as futures prices rocket
A research by a London shipbroker reveals that one in 12 of the world’s largest crude oil tankers are being used to store oil rather than move it from place to place
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