MUMBAI: Record equity divestment by the
Reliance Group in its telecom and retail businesses garnering around $23 billion revved up the deal street in 2020, which otherwise would have gone down as one of the dullest on record, and dealmakers are seeing sunnier days in 2021 given the large scope for consolidation in a slew of sectors ravaged by the pandemic.
With Jio Platforms alone garnering over $16 billion (Rs 1,18,318 crore) by selling 25.24 per cent stake and Reliance Retail notching up $6.4 billion (Rs 47,265 crore) by divesting around 9 per cent shareholding, the deal street signed off with $85 billion in the deal kitty across 1,270 transactions. This is higher by about 10 per cent over 2019. What is significant is that over a third of the total deal value came from Reliance transactions, say investment bankers.
Ameren purchases wind farm in northeastern Missouri - News - Aurora Advertiser - Aurora, MO auroraadvertiser.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from auroraadvertiser.net Daily Mail and Mail on Sunday newspapers.
Ameren purchases wind farm in northeastern Missouri
by Jim Salter, The Associated Press
Posted Dec 23, 2020 11:39 am EDT
Last Updated Dec 23, 2020 at 11:44 am EDT
KANSAS CITY, Mo. Ameren Missouri said Wednesday that it bought its first wind farm and plans to make a “transformational advancement” into renewable energy.
The subsidiary of St. Louis-based Ameren Corp. said it closed on its acquisition of the High Prairie Renewable Energy Center in Adair and Schuyler counties, in rural northeastern Missouri. The company said the 400-megawatt project is the first of two planned investments in Missouri wind power generation.
“This is just the beginning, as Ameren Missouri lays the foundation for a transformational advancement toward more renewable wind and solar generation in the coming years, cutting carbon emissions and driving job creation and economic growth,” Ameren CEO and President Marty Lyons said in a news release. He said expanding wind energy “helps us move towa
Ameren purchases wind farm in northeastern Missouri - News - The Rolla Daily News - Rolla, MO therolladailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therolladailynews.com Daily Mail and Mail on Sunday newspapers.
Updated: 10:08 AM CST December 23, 2020
ST. LOUIS Ameren Missouri has closed on a deal buying the company’s first wind energy center in the northeast part of the state.
The purchase of the High Prairie Renewable Energy Center in Adair and Schuyler counties is the first of two planned investments. It will add 700 megawatts (MW) of clean energy to the grid, according to a news release from Ameren.
“This is just the beginning, as Ameren Missouri lays the foundation for a transformational advancement toward more renewable wind and solar generation in the coming years, cutting carbon emissions and driving job creation and economic growth,” said Marty Lyons, chairman and president of Ameren Missouri. “Ameren Missouri is committed to clean. Expanding Missouri-based wind energy generation helps us move toward our goal of net-zero carbon emissions by 2050.”