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Global Alumina Announces US$ 100 Million Subscription Agreement Privately Placed Through SW Source Capital

TORONTO, ON - Global Alumina Corporation (TSX: GLA.U) announced today that it has entered into a subscription agreement to place US$ 100 million through the United Arab Emirates based private equity boutique SW Source Capital. Emirates International Investment Company LLC, subject to regulatory and shareholder approvals, will purchase 25 million common shares of Global Alumina [...]

By | 2017-06-20T10:11:25+00:00 August 17th, 2005|Uncategorized|0 Comments

BTU Power agrees to buy PSEG stake in Meiya Power

Lawyers at Freshfields Bruckhaus Deringer's offices in Hong Kong and New York recently advised BTU Power Company (BTU) on its agreement to acquire a 50 per cent equity interest in Meiya Power Company Limited (MPC) from PSEG Global of the United States. BTU will pay approximately US$220m for the shares. The sale is expected to [...]

By | 2017-06-19T12:21:02+00:00 October 13th, 2004|Uncategorized|0 Comments

Chinese, US Firms Invest in Gas Power Project

An American firm will join a Chinese group company to make a joint investment of about 700 million US dollars in a large power plant burning natural gas in northwest China, it was announced here recently. The Chinese and the US partners will cooperate for 20 years in the natural gas power project located in [...]

By | 2017-06-20T09:05:11+00:00 August 12th, 2000|Uncategorized|0 Comments