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Ningxia Younglight Chemicals sees Q1 to Q3 FY 2017 net profit up 142.3 pct to 166.6 pct

Friday, 13 Oct 2017

Oct 13(Reuters) - Ningxia Younglight Chemicals Co Ltd <000635.SZ>:Sees Q1 to Q3 FY 2017 net profit to increase by 142.3 percent to 166.6 percent, or to be 100 million yuan to 110 million yuan .Says Q1 to Q3 FY 2016 net profit was 41.3 million yuan .Says that increased price of main product as the main reason for the forecast .

Eversource Energy provides termination clauses related to Thermal, Hydro Agreement

Thursday, 12 Oct 2017

Oct 12 (Reuters) - Eversource Energy ::Says Thermal Agreement provides on termination of agreement under certain circumstances, Granite Shore to pay PSNH a fee of $26.25 mln‍​.Says Hydro Agreement provides on termination of agreement under certain circumstances, HSE Hydro to pay PSNH termination fee of $12.45 million.

Leshan Electric Power's preliminary net profit, power generation down in Jan-Sept

Thursday, 12 Oct 2017

Oct 12 (Reuters) - Leshan Electric Power Co Ltd <600644.SS>:Says prelim 9-month net profit down 57.8 percent y/y at 103.9 million yuan ($15.77 million).Says 9-month power generation down 8.3 percent y/y at 425.5 million kWh.

Edison confirms price for acquisition of majority stake in Frendy Energy

Thursday, 12 Oct 2017

Oct 12 (Reuters) - EDISON ::SAID ON WEDNESDAY CONFIRMED PRICE OF EUR 0.34 PER SHARE FOR THE ACQUISITION OF MAJORITY STAKE IN FRENDY ENERGY.AFTER CLOSING, SCHEDULED ON OCT. 17, EDISON WILL MAKE A COMPULSORY TAKEOVER BID FOR ALL REMAINING FRENDY ENERGY SHARES AT THE SAME PRICE OF EUR 0.34/SHARE.

Japan's JERA to buy stake in gas-fired U.S. power project

Thursday, 12 Oct 2017

Oct 12 (Reuters) - Japan's JERA Co, a fuel joint venture between Tokyo Electric Power <9501.T> and Chubu Electric Power <9502.T> ::JERA says to acquire a 50 percent stake in Linden Cogen Holdings LLC, the owner of a 972-megawatt gas-fired power cogeneration complex in the State of New Jersey .JERA says to acquire the interest from funds managed by Oaktree Capital Management L.P. and Ares Management L.P. and their respective co-investors through its wholly-owned subsidiary JERA Power U.S.A..Further company coverage: 9501.T9502.T.

Reliance Infrastructure ‍executes agreement to transfer WRSSS Transmission Undertakings​

Monday, 9 Oct 2017

Oct 9 (Reuters) - Reliance Infrastructure Ltd :Says ‍executes Business Transfer Agreement (bta) for transfer of its WRSSS Transmission Undertakings​.Says entire sale proceeds shall be utilized for debt reduction‍​.Says all key approvals have been obtained and transaction is expected to be closed shortly.Says western region system strengthening scheme transmission undertakings valued at about 10 billion rupees.WRSSS B & C undertakings transferred to its two units as part of process of sale of businesses to Adani Transmission Ltd.

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