Berkshire Hathaway energy unit MidAmerican Power Holdings has agreed to buy wind turbines with an estimated value of more than $1bln from Siemens. IFM Investors has agreed to invest $1.3 billion in equity funding for the proposed three-train Freeport LNG natural gas liquefaction and export plant in Texas, sourced from a consortium of project finance ledners. The funding in question… Keep reading →
A couple of firsts, and one sloppy second… Some citizens of Sub-Saharan African countries may get access to reliable electricity for the first time. President Obama has announced plans to invest $7 bln over five years to expand access to electricity in Ethiopia, Ghana, Kenya, Liberia, Nigeria and Tanzania, mostly as loans to buy US… Keep reading →
Prime Minister Stephen Harper (L) of Canada welcomes US President Barack Obama to the G8 Summit at Deerhurst Resort in Huntsville, Ontario, on June 25, 2010.
The recently announced high-profile oil and gas acquisitions by Chinese state-controlled companies highlight the numerous opportunities for the US and Canada to both partner and compete in global energy markets. Keep reading →
