GE Energy is acquiring 90% of Converteam, a leading provider of electrification and automation equipment and systems, for approximately $3.2 billion from a controlling shareholder group that includes management, Barclays Private Equity, and LBO France. The transaction, which is expected to close during third quarter 2011, will significantly expand GE’s offering in rapid growth sectors … Read more
Greyhound Recycling and Recovery has bought the household waste collection service from South Dublin County Council area after a competitive sales process. The Clondalkin-based waste management company will now provide a new household waste collection service to over 70,000 homes in south county Dublin. Greyhound Recycling and Recovery has confirmed that there will be no … Read more
Obelisk Group, through its subsidiary Wind Management International, has acquired metmAsts to bring together two of Ireland’s leading suppliers of solutions to wind energy developers. With international offices throughout the UK and South Africa, Wind Measurement International is a leading industry expert and uses high quality equipment as well as cutting-edge techniques to provide the … Read more
GE has acquired Remote Energy Monitoring with operations in Hertfordshire, UK and in Australia. The acquisition enhances GE’s ability to address the European Union’s goals for a lower-emission, higher efficiency energy infrastructure. Remote Energy Monitoring’s software and hardware technologies allow consumers and utilities to better monitor and manage their energy usage. Remote Energy Monitoring’s metering … Read more
The fund managed by BNP Paribas Clean Energy Partners has acquired 100% of Gortahile Windfarm, which owns and operates a 20 megawatt wind farm in County Laois, from ABO Wind Ireland. The Gortahile Windfarm began commercial operation at the end of August 2010. It is forecast to produce about 70 GWh of electricity per year, … Read more
US-based AES Corporation has agreed with BG Energy Holdings to acquire Premier Power, owner of the 1,246 MW natural gas-fired Ballylumford Power Station in County Antrim, Northern Ireland, for £99 million. The transaction is subject to license consents from the Northern Ireland Authority for Utility Regulation and the Northern Ireland Department of Enterprise, Trade and … Read more