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Dynegy, Energy Capital to buy Engie's U.S. power plants

2016-02-25 15:00:41| Semiconductors - Topix.net

Falling demand for electricity in the United States due to increased energy efficiency has led to a spate of mergers as utilities look to cut their exposure to unregulated markets, where prices are volatile. The deal will give Dynegy presence in the Texas market, which is currently controlled by grid operator Electric Reliability Council of Texas .

Tags: buy power capital energy

 

Masco Corp (Mas) Shares Bought by Dupont Capital Management Corp

2016-02-25 13:15:56| Furniture - Topix.net

DUPONT CAPITAL MANAGEMENT Corp boosted its position in Masco Corp by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 254,300 shares of the company's stock after buying an additional 4,500 shares during the period.

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Beijing is new 'billionaire capital'

2016-02-25 13:07:04| BBC News | Business | UK Edition

The Chinese capital overtakes New York as the city with the highest number of billionaires for the first time, according to a new report by China-based firm Hurun.

Tags: capital beijing billionaire

 

Dupont Capital Management Corp Sells 22,714 Shares of Tyson Foods, Inc.

2016-02-25 11:54:16| Food - Topix.net

DUPONT CAPITAL MANAGEMENT Corp cut its position in Tyson Foods, Inc. by 14.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 130,704 shares of the company's stock after selling 22,714 shares during the period.

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UPDATE 1-Dynegy, Energy Capital to buy Engie's US gas-fired thermal plants

2016-02-25 11:40:56| Oil & Gas - Topix.net

Feb 25 Electric power company Dynegy Inc said it will form a joint venture with Energy Capital Partners to buy French utility Engie's U.S. gas-fired thermal plants worth $3.3 billion. A deal with Engie, which is expected to generate about $90 million in annual synergies for the joint venture, will help establish Dynegy's presence in the Texas ERCOT market and increase its natural gas and combined cycle fleet.

Tags: buy update capital energy

 

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