Friday Feb 21
Aboitiz unit buys out Marubeni stake in LiMa Land
MANILA The property unit of Aboitiz Equity Ventures Inc., AboitizLand, has purchased the 40 percent stake of Japanese firm Marubeni Corp. in economic zone operator LiMa Land Inc. In a disclosure to the Philippine Stock Exchange, Aboitiz said it acquired the remaining 360 million common shares in LiMa Land from Marubeni, which represented 40 percent ... (more)
GDF Suez to help Uruguay break from oil
French energy company GDF Suez said Wednesday parking a massive regasification unit off of Uruguay's coast would help the country wean itself from oil.
AGL, Marubeni, ERM Said to Make Final Macquarie Generation Bids
AGL Energy Ltd. , Marubeni Corp. and ERM Power Ltd. made final bids for two state-owned power plants being sold in Australia that may fetch more than A$1.5 billion , said three people with knowledge of the matter.
Macquarie Generation deal heralds big year for Australian asset sales
The sale of power firm Macquarie Generation heralds the start of a busy year for Australian privatisations, as strong demand for high-quality assets coincides with tight government budgets and a need for major infrastructure spending.
Ghana and Japanese company hold bilateral discussion
Accra, Jan. 24, GNA - Mr Haruna Iddrisu, Minister of Trade and Industry, on Thursday reiterated government's commitment to increase the nation's electricity generation capacity from the current 2,800 megawatts to 5,000 megawatts by the end of 2016.