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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. interest in the Syncrude Canada oil sands mining and upgrading facility.

Oil-Sands 325
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Better Place closes $200M Series C financing; valuation now $2.25B

Green Car Congress

Better Place, a developer and provider of electric car networks—including battery switch stations, batteries and public/personal charge spots ( earlier post )—worldwide, has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25

Financing 252
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Partners form JV focused on small-scale LNG in Canada

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have agreed to form a new start-up focused on the development of small-scale LNG liquefaction and logistics services in Bécancour, Québec, Canada. Under the current plan, gas delivered via existing pipelines terminating in southeast Canada will be liquefied at a small-scale plant to be constructed by Stolt LNGaz. SunLNG) and LNGaz Ltd.

Canada 236
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Waste-to-biofuels company Enerkem raised C$50 million in latest financing round

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Canada-based waste-to-biofuels company Enerkem Inc. million) financing, which brings total equity investment raised by Enerkem in 2013 to C$87 million (US$82.7 Investissement Québec, as a mandatary for the Government of Québec, is one of the largest institutional investors in Canada. recently closed a C$50-million (US$47.6-million)

Financing 210
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NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

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FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The company’s project finance subsidiaries may draw on the facility to finance the construction of projects through the commercial operating date (COD) of the power plants.

Financing 244
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Electrovaya completes C$5M financing; new Office of Chairman

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Canada-based Li-ion battery maker Electrovaya Inc. completed a financing for C$5 million (US$4.96 This financing provides valuable working capital for future growth, including certain strategic initiatives. of the Institute of International Finance, a global association of financial institutions based in Washington, DC.

Financing 218
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Brightmark Energy closes $260M in financing for first US commercial-scale waste-plastics-to-fuel plant; ULSD and naphtha

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Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana.

Waste 268