Image - Itron to Acquire Silver Spring Networks to Accelerate Smart Grid and Smart City Innovation and Growth

Itron to Acquire Silver Spring Networks to Accelerate Smart Grid and Smart City Innovation and Growt...

Itron, Inc. and Silver Spring Networks, Inc. today announced that they have signed a definitive agreement for Itron to acquire all outstanding shares of Silver Spring for $16.25 per share in cash. The transaction is valued at approximately $830 million, net of $118 million of Silver Spring's cash. This represents a premium of 25 percent to Silver Spring's closing share price on Sept. 15, 2017, the last trading day prior to the announcement of the...

Smart Grids - Sep 18, 2017


Image - Tortoise Capital Advisors Announces Acquisition of Solar Assets

Tortoise Capital Advisors Announces Acquisition of Solar Assets

Tortoise Capital Advisors has announced that its closed-end fund, Tortoise Energy Infrastructure Fund (TYG), has acquired an approximately 33 megawatt commercial and industrial (C&I) solar portfolio from Kenyon Energy and its affiliate Sun Financial. Kenyon Energy is a leading developer, owner and operator of distributed solar projects. These solar projects will provide electricity to various university and municipality customers in the State of ...

General News - Sep 14, 2017


Image - Airbus inaugurates its A330 Completion & Delivery Centre in China

Airbus inaugurates its A330 Completion & Delivery Centre in China

Airbus has inaugurated its A330 Completion and Delivery Centre in Tianjin, China, taking additional steps in the expansion of its global footprint and strategic partnership with China. At the same time, the first A330 to be delivered from the C&DC was handed over to Tianjin Airlines. Located at the same site as the Airbus Tianjin A320 Family Final Assembly Line and the Airbus Tianjin Delivery Centre, the A330 C&DC covers the aircra...

General News - Contracts - Sep 21, 2017




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