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Category: Oil and Energy

Xpeng fuels $2.2bn ADS sale with investors’ new energy kick

China’s Xiaopeng Motors, an electric vehicle (EV) maker, leveraged on a big boost in interest in new energy stocks from investors to raise $2.16bn from a follow-on offering of its American Depositary Shares. Jonathan Breen

How Covid-19 has accelerated LP demand for renewables

The pandemic may have slowed down the economy, but Impax Asset Management, one of the longest established fund managers in the renewable energy sector, believes Covid-19 is speeding the growth of the already thriving renewables

Pritzker Combines Auto Liquid Giants

Pritzker Private Capital (PPC) has agreed to acquire Highline Aftermarket, the leading manufacturer of windshield wash fluids in the US and a portfolio company of The Sterling Group; and Warren Distribution, one of the largest

Germany’s E.ON forms €250m VC group to invest in future energy

Future Energy Ventures will invest in start-ups 'transforming the energy ecosystem'

Quantum Energy Partners said to eye $5bn fundraise despite ‘unparalleled decline’ in oil, gas markets

Quantum Energy Partners is reportedly eyeing up to $5bn for its latest oil and gas-focused fundraise despite an unparalleled decline in the industry through the Covid-19 crisis.

AMB :- Fossil fuel giants failing climate goals, funds say

Laxman Pai, Opalesque Asia: No fossil fuel energy major in Europe has yet set an emissions target in line with limiting climate change to 2 degrees Celsius, despite headline-grabbing climate announcements by several Euro...Article Link

Heartwood Sees Green in Patten Seed

Heartwood Partners has made an investment in Patten Seed Company in partnership with the company’s multi-generation family and senior management owners. Patten Seed operates seven farms and produces and supplies a variety of turfgrass products

Hometree raises £7m in new round led by Anthemis

Investment firm Anthemis has led a £7m funding round for London-based insurtech company Hometree.

Inspirit backs Lloyds Register Group's energy division

Inspirit Capital has backed Lloyds Register Group's energy division, an engineering consultancy.

Inspirit Capital agrees carve out of Lloyds Register Group’s global energy division

Inspirit Capital has agreed to carve out the energy division of global professional services firm Lloyds Register Group.

PE-backed Chrysaor takes over Premier Oil

Harbour Energy, the private equity-owned group led by former Royal Dutch Shell exec Linda Cook, has already turned Chrysaor into the largest oil and gas producer in the UK North Sea

Boris Johnson: Covid-19 crisis can be a trigger for Britain to ‘build back greener’

PM expected to outline to the Conservative Party conference his new target for renewable energy

SK Carves-Out Specialty Polymers Biz of Baker Hughes

SK Capital has formed NuCera Solutions to acquire the specialty polymers business of Baker Hughes. NuCera produces specialty olefin polymers and high melting point polyethylene waxes that are used in adhesives, candles, coatings, imaging, personal

DBAG invests in Hausheld

Deutsche Beteiligungs AG (DBAG) has acquired a minority stake in Germany-based smart meter business Hausheld.

Windjammer Exits AI at 24x

Windjammer Capital has agreed to sell Advanced Instruments to Patricia Industries, a subsidiary of industrial holding company Investor AB, at an enterprise value of $780 million. Windjammer acquired Advanced Instruments from its founding family in

Comment: Reclaiming American greatness

The US’s best hope in the presidential elections lies with Joe Biden but healing a divided populace requires time and energy

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