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Category: Oil and Energy

Xinyi Solar, Venus Medtech succeed in HK sales

Solar glass manufacturer Xinyi Solar Holdings raised HK$2.7bn ($343.5m) on Wednesday, after boosting the size of a primary share sale.

Bankruptcy case reveals the risks of cross fund investing

Energy-focused EnCap Investments had to write off $1.1bn invested in Southland Royalty when the exploration and production company sought bankruptcy protection in late January

Dyal Capital takes stake in energy-focused private equity firm valued at $4bn

Neuberger Berman’s Dyal unit acquiring minority stake in Quantum Energy Partners

AMB :- Greencoat Capital rakes in $358m for green energy fund

Laxman Pai, Opalesque Asia: Infra investor Greencoat Capital has raked in £277m ($358m) of capital commitments for its new Greencoat Renewable Income (GRI) fund. Brunel Pension Partnership, Bristol, England, and the Sup...Article Link

Opalesque Exclusive: Proxy Renewable Long / Short Energy Fund outperforms, more than doubles AUM in 2019

Bailey McCann, Opalesque New York for New Managers: Swedish energy-focused asset manager Proxy P Management AB has more than doubled its AUM in one year as a result of significant outperformance in its long/short renewable

AMB :- Opalesque Exclusive: Proxy Renewable Long / Short Energy Fund outperforms, more than doubles AUM in 2019

Bailey McCann, Opalesque New York for New Managers: Swedish energy-focused asset manager Proxy P Management AB has more than doubled its AUM in one year as a result of significant outperformance in its long/short renewab...Article

Petron seeks consent for loan amendment

Philippine oil refining and marketing company Petron is seeking lenders’ consent to make amendments to two of its old borrowings, following an initial warning in July.

When ‘energy’ dictates our bank balance

Hong Kong has been my home for two decades, and there is so much I love about it — its vibrancy, the food, the people, and above all, the low tax rates.

PTPN’s missed payment raises fears about Indonesia support

An Indonesian palm oil company has become the latest to fall victim to rising worries among loans bankers about government support. The company missed a payment last week, after bankers rejected an earlier covenant waiver

Hilong’s exchange offer fails to avoid default

A long-running attempt by Chinese oil company Hilong Holding to complete an exchange offer on a dollar bond has failed, after it confirmed a default this week. The situation has caused analysts to speculate on

AMB :- Natural resources assets under management surpass $760bn in 2019, a new record

Laxman Pai, Opalesque Asia: Strong fundraising and AUM numbers, boosted by mega-infrastructure funds investing in energy, masked a challenging landscape for natural resources funds, said a study. In 2019 natural resour...Article Link

Actis partners with Egypt’s sovereign fund to boost country’s inbound investments

The two groups have signed an agreement to steer investments into infrastructure and energy projects in Egypt

EIB’s energy and climate VPs leave, prompting reshuffle

Two senior officials who have been central to the European Investment Bank’s transition to greener lending and rebranding as the EU’s ‘climate bank’ are leaving, prompting a reshuffle of the management committee.

Approval of Conflicted Transactions in Publicly Traded Limited Partnerships

Posted by Gail Weinstein, Warren S. de Wied, and Steven Epstein, Fried, Frank, Harris, Shriver & Jacobson LLP, on Wednesday, December 4, 2019 Editor's Note: Gail Weinstein is senior counsel and Warren S. de Wied

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