Fengate Asset Management’s Post

🚨 Key Update: Cliff Head Asset Sale on the Horizon Pilot Energy Limited and Triangle Energy (Global) Limited - TEG have entered a simultaneous trading halt today as news over the #CliffHead oil asset sale in Western Australia looms large. This long-anticipated transaction will see #PilotEnergy acquire #TriangleEnergy’s 78.75% stake in the Cliff Head Joint Venture, positioning Pilot as the sole owner and operator. 👉 https://lnkd.in/gurKsYCA Speculation has been rife that the asset sale will unlock significant capital for both companies, enabling Pilot to advance its clean energy initiatives and Triangle to fund its exploration and production activities. #EnergyTransition #CarbonCapture #OilAndGas #CleanEnergy #ASX #AustraliaEnergy #Sustainability

Transaction Update in Vietnam for the week: 1.      Sembcorp Industries Ltd has completed the acquisitions of majority interests in three out of four of GELEX GROUP's subsidiaries in the energy sector. This follows their announcement in November 2023 to acquire all four entities, for an equity purchase price of approximately USD 160 million. Sembcorp's acquisition of these three subsidiaries adds a combined 196MW of operational wind and solar assets to its portfolio. Source: https://lnkd.in/g-if8_g8 2.      Vietnam-based Ngân hàng TMCP Đông Nam Á - SEABANK has received a USD 30 million convertible loan from Norfund, a Norwegian development finance institution. This loan can be converted into Seabank’s shares within four years.   Source: https://lnkd.in/gHGPv938 #vietnam #mergeracquisition #energy #solarpower #windpower #banking #convertibleloan

The NTPC Green Energy IPO is almost here! 🌿 This renewable energy company, established in 1975, is opening its IPO from November 19th to 22nd. With the growing focus on sustainability, it’s a long-term investment opportunity in the green energy sector! 💡 What’s your take on this IPO? Planning to apply? Comment below 👇 Follow Hitesh Arora . . . #traderlifestyle #stock #stockmarket #share #sharemarket #hitesharora #ipoupdate #ipoalert #onyx #marketresearch #marketanalysis #ipoallotment #explorepage

NTPC Green Energy IPO Day 2 Update 📊 Subscribed 33% so far! Analysts suggest long-term investment due to strong growth potential in renewables. GMP remains low at ₹1/share. 💡 Is this the future of green energy in your portfolio? Let me know if you'd like a visual design suggestion for the post! Join Our Telegram - https://lnkd.in/gNd8Y2cs #NTPCGreenEnergy #IPOUpdate #StockMarketIndia #GreenInvesting #RenewableEnergy #SustainableInvesting #MarketTrends #IPOAnalysis #StockMarketTips #InvestmentGoals #Day2IPO #FinancialFreedom #WealthManagement #NTPCIPO #cleanenergyinvesting

SKLkonsern, a power producer, completed the acquisition of a 25.9% stake in onshore wind farm in Southern Norway, from Aquila Capital, an investment management company, for €27m ($30m). Read the full article: https://lnkd.in/ddzxPQNC "The sale is a further sign of the Board's ongoing commitment to secure greater appreciation of the value inherent in the portfolio. The Board continues to explore a range of initiatives to help address the issues facing the listed renewable energy sector and secure recognition in the Company's share price of the underlying value of the Company's portfolio. Whilst it is pleasing to note the level of interest in this particular asset, and the uplift in valuation that is expected to be achieved, it is clear that different technologies in differing geographies display very variable levels of liquidity and pricing visibility. The Board continues to assess these issues and others as part of its ongoing considerations and looks forward to updating the market further in due course," Ian Nolan, Aquila European Renewables Chairman. Aquila Capital (led by Roman Rosslenbroich) was advised by Deutsche Bank (led by David Benda) and Edelman. Submit your deals here: https://lnkd.in/djcRGezn #MergersAcquisitionsDivestitures #Energy #Investments

𝘼𝙡𝙜𝙤𝙣𝙦𝙪𝙞𝙣 𝙋𝙤𝙬𝙚𝙧 & 𝙐𝙩𝙞𝙡𝙞𝙩𝙞𝙚𝙨 𝙎𝙚𝙡𝙡𝙨 𝙍𝙚𝙣𝙚𝙬𝙖𝙗𝙡𝙚 𝙀𝙣𝙚𝙧𝙜𝙮 𝙐𝙣𝙞𝙩 𝙛𝙤𝙧 $2.5 𝘽𝙞𝙡𝙡𝙞𝙤𝙣 Algonquin Power & Utilities Corp. has announced the sale of its non-hydropower renewable energy operations to LS Power's unit for up to $2.5 billion. This strategic move, prompted by recommendations from hedge fund Starboard Value and other activist shareholders, aims to reduce the company’s hefty debt load and enhance profitability. As of June 30, Algonquin reported long-term debts approximating $8.3 billion, accumulated through extensive acquisitions over recent years. The deal, advised by J.P. Morgan, is anticipated to close between Q4 2024 and Q1 2025. Algonquin's stock has shown modest growth despite these financial maneuvers, marking a 2% increase this year. #RenewableEnergy #MergersAndAcquisitions #CorporateFinance #AlgonquinPower #LS_Power #JP_Morgan https://lnkd.in/gmsQizZD

𝐌𝐮𝐭𝐞𝐝 𝐆𝐫𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐧𝐭𝐢𝐦𝐞𝐧𝐭 𝐟𝐨𝐫 𝐍𝐓𝐏𝐂 𝐆𝐫𝐞𝐞𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐈𝐏𝐎 𝐚𝐭 𝟎.𝟕𝟒% 𝐆𝐌𝐏 The IPO of NTPC’s Green Energy Ltd has been 50% subscribed on the second day and retail investors appear to have shown a lot of interest. 🌐 This may not present a huge GMP, at 0.74% 📉 still these are marked as long-term buys by analysts for renewable energy. Backed by a strong renewable energy generation pipeline ☀️💨 and a Rs 10,000 cr fundraising plan for redemption of debt and capitalization, the IPO is important for India’s cleaner future 🌍. It is available at Rs 102-108 per share to be bidding until November 22 and coming on the list on November 27! 🗓️ Don’t miss the Boots Green Energy Fund. #NTPCGreenEnergyIPO#NTPCGreenEnergyIPO #NTPCGreenEnergyIPO #NTPC #GreyMarketPremium#IW #IWNews #IndustryWired Read more 👇 https://zurl.co/mjXS

Investors are witnessing a company executing a business plan — they are observing the emergence of a formidable energy transition leader.

🌱 The highly anticipated NTPC Green Energy Limited IPO is set to open for subscription tomorrow, but GCL Broking advises investors to proceed with caution and "Avoid" this IPO 🚫 due to its high valuation, which translates to high risk and limited reward potential. About NTPC Green Energy Limited: NTPC Green Energy is a subsidiary of NTPC, dedicated to renewable energy projects such as solar and wind power. While the company plays a key role in India’s transition to green energy, the current valuation poses concerns about its attractiveness as an investment opportunity. 📢 Stay tuned to GCL Broking for more expert opinions and market updates! 📞𝘾𝙖𝙡𝙡 𝙪𝙨 𝙖𝙩 𝟬𝟭𝟰𝟭𝟲𝟲𝟮𝟱𝟱𝟬𝟬 or visit our website https://gclbroking.com #ntpcgreenenergy #ntpcgreen #ntpcgreenipo #GCLView #gclbroking #InvestmentOpportunity #StockMarket #InvestmentAdvice #InvestmentAlert #finance #StockMarketNews #IPO #IPOAlert #iponews #ipoupdate #ShareMarket #Stocks #stockmarketindia #stockmarkettoday #stockmarketinvesting #sharemarkettoday #sharemarketnews #invest #Investing #investments #stockmarketsuccess #InvestSmart #investwisely #stocktrading #upcomingipo

Carnelian Energy Capital-backed PARALLAX ENDURANCE ENERGY, an upstream exploration and production company, completed the acquisition of Vesta Energy Ltd, an oil and gas company. Financial terms were not disclosed. You can submit deals you were involved with here: https://lnkd.in/d_Firwmh “We are excited to close the acquisition of Vesta. We now control among the largest inventories of low-breakeven Duvernay oil locations, with recent completion advancements underpinning some of the highest returns in the WCSB. With a fully capitalized and growth driven mindset, we look to pair an accelerated organic development program with a runway of strategic consolidation opportunities," Dustin Hoffman, Parallax CEO. Parallax Energy was advised by Vinson & Elkins, Stikeman Elliott LLP, Gowling WLG, National Bank Financial and ATB Capital Markets. Debt financing was provided by RBC Capital Markets, BMO Capital Markets, ATB Financial and National Bank Financial. #MergersAcquisitionsDivestitures #Upstream #Energy