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Marathon acquires additional Eagle Ford Shale assets for $3.5B

Green Car Congress

Potential to book up to 100 million boe of proved reserves by the end of 2011. The legal advisor to Marathon for this transaction is Baker Botts and the financial advisor is Barclays Capital. The legal advisor to Hilcorp Energy for this transaction is Andrews Kurth LLP and the legal advisor to KKR is Simpson, Thacher & Bartlett, LLP.

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California Air Resources Board unanimously adopts Advanced Clean Cars Package

Green Car Congress

The current California program constitutes a separate set of rules with minor variations due to separate legal structures but is designed to parallel the proposed federal joint rulemaking the Obama administration announced last summer. LEV III Board Book. ZEV Board Book. CFO Board Book. Staff presentation.

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Ballard terminates two fuel-cell license agreements with Azure in China; will not hit 2014 revenue and EBITDA targets

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Ballard said that as a result of Azure’s breaches under both contracts, and despite its good faith efforts to reach a settlement, Ballard terminated both contracts and will consider its legal remedies. The Company will not book any revenue under these contracts in 2014 Q4 and expects to record an impairment of approximately $4.5

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LowCVP announces winners of Low Carbon Urban Mobility Technology Challenge

Green Car Congress

Ecospin is a research, design and development company which has developed the first road-legal, 3-wheeled, stand-on, rear wheel-powered electric vehicle. Users book journeys at short notice and a buxi vehicle provides door-to-door transport at an agreed time. Capoco is now seeking funding for technology demonstrators. Ecospin Ltd.

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BMW Group Launches car sharing service “ReachNow” in Seattle

Green Car Congress

After downloading and registering on the ReachNow app, available in the App Store and on Google Play, members can locate and book the closest available car in the ReachNow app or find a ReachNow car on the street. Chauffeur service – book a car with a driver. Renting your own vehicle via ReachNow.

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Volkswagen Group makes $300M strategic investment in on-demand mobility provider Gett

Green Car Congress

A month ago, the Volkswagen Group announced plans to launch a legally independent company for the development of mobility services. Through the Gett app consumers can, at the touch of a button, book on-demand rides instantly or pre-book rides for later. —Shahar Waiser, Gett’s founder and CEO.

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FreeWire Technologies raises $125M in Series D; battery-integrated ultrafast EV charging stations

Green Car Congress

FreeWire has installed nearly 5 MWh of energy storage capacity through battery-integrated charging to date, with more than 30 MWh booked. Citigroup served as sole private placement advisor and Wilson Sonsini Goodrich & Rosati served as FreeWire’s legal advisor on the transactions.

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