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Report: Egyptian Companies Ranked Most Active In The Comesa With $4.4B Investments

The total investments of Egyptian companies in states of the Common Market for Eastern and Southern Africa (COMESA) hit about $4.4 billion in the period from 2003 to 2018, according to a report issued by the COMESA Regional Investment Agency (RIA). Egyptian companies have become the most active African companies in the COMESA, according to the report, a copy of which MENA received on Thursday.In 2018, Egyptian companies invested about $ 876 million in projects in COMESA states. © Copyright Al-Ahram Publishing House read more.
Read by 36% of LPs 9 hours, 22 minutes ago

Jordan Enters Into Eu Agreements Worth Of 100 Million Euros To Improve Water Infrastructure

The Ministry of Water and Irrigation on Thursday signed a loan and grant agreement worth 100 million euros with the French government, the German Construction Bank and the EU to provide technical support to the Yarmouk Water Company (YWC). (c) Copyright The Jordan Times. All rights reserved. read more.
Read by 70% of LPs December 07, 2018

Juicy J's Investment Pays Off As Core Hydration Gets Acquired For $525M

Three years ago rapper Juicy J made a smart money move. He invested in a water company called Core Hydration in 2015. He invested along with other celebrities such as Diplo, Katy Perry, Max Martin and Becky G. Now that investment has paid off big time. Core Nutrition Water has been acquired by corporate giant Keurig Dr. Pepper for the hefty sum of $525 million. Juicy J posted the news on Instagram, saying the investment was "the best investment" he had ever made, according to Hot New Hip Hop.
Read by 38% of LPs December 07, 2018

Noble Energy Partners Acquires Bakken Shale And Eagle Ford Shale Assets

DALLAS, TX, Dec. 7, 2018 /PRNewswire/ - Noble Energy Partners has purchased working interests and overriding royalty interests in 13 Bakken and 2 Eagle Ford Shale horizontal wells and affiliated pipeline infrastructure. The thirteen Bakken wells are located in Mountrail County, North...
Read by 37% of LPs December 07, 2018

Up Seeks Rs 55 Billion Investment In Bundelkhand Green Energy Corridor | Business Standard News

The Uttar Pradesh government seeks private investments worth Rs 55 billion in the proposed Bundelkhand green energy corridor that is expected to generate 4,000 megawatt (MW) solar power.
Read by 75% of LPs December 07, 2018

Opec President: Opec And Non-opec Countries To Cut Oil Production 1.2 Million Barrels A Day In January For 6 Months | Fox Business

OPEC president: OPEC and non-OPEC countries to cut oil production 1.2 million barrels a day in January for 6 months.
Read by 66% of LPs December 07, 2018

Acer: Energi Danmark Fined For Market Manipulation On The Nordic Wholesale Electricity Market

The fine imposed on Energy Danmark is the result of an investigation started by the Danish Regulatory Authority for Energy (Danish Utility Regulator, DUR) and referred to the Danish State Prosecutor for Serious Economic and International Crime. According to DUR and the Prosecutor, Energi Danmark A/S hoarded capacity on the interconnectors for electricity by trading with itself in ten instances during 2015. This hampered competition and the trades rendered, or had the potential of rendering, misleading signals or artificial prices on the intraday wholesale electricity market.
Read by 69% of LPs December 07, 2018

Falck Renewables Buys EUR37M French Wind Portfolio From Glennmont Fund | News | Ipe Ra

Clean Energy Fund Europe I is selling the five onshore wind farms. : Italian energy firm Falck Renewables is buying a French wind portfolio from a Glennmont Partners fund for EUR37m. Glennmont's Clean Energy Fund Europe I has agreed to sell the portfolio of five onshore windfarms in north-eastern and western France, totalling installed capacity of 59.5MW, to Falck's subsidiary. The assets are being sold for EUR37m and Falck will also assume existing project debt facilities in place, Glennmont. The windfarms, Bois Ballay, Les Coudrays, Mazeray, Eol Team, and Noyales, commenced operations between 2006 and 2013.
Read by 36% of LPs December 07, 2018

Metropolitan Partners Group Completes Fund V Capital Raise

NEW YORK, Dec. 7, 2018 /PRNewswire/ -- Metropolitan Partners Group Management, LLC ("Metropolitan"), a direct-lending firm that provide senior-secured, short-term capital to small and mid-sized businesses in the U.S., announced today that it has raised $172 million, including...
Read by 30% of LPs December 07, 2018

The Cost Of The Massive Sydney Steel Sculpture Dubbed 'the Big Tapeworm' Has Exploded To $22 Million, Bringing The Project To A Halt

It was first touted four years ago as a tourism attraction to rival Chicago's Cloud Gate and St Louis' Gateway Arch, but the City of Sydney's plan to build a 58-metre high, ribbon-like steel sculpture by Japanese artist Junya Ishigami is in serious doubt as the cost doubled yet again to around six times the original cost due to problems with George Street light rail project. More >>
Read by 40% of LPs