energy acquisition

2 news results for the tag: energy acquisition.

UK Coal poised to reject approach from Austrian investor Meinl

December 24th, 2007

UK Coal, Britain’s biggest coal supplier, is understood to be planning to dismiss an informal approach from Meinl, an Austrian investor, to buy the company’s coal and power generation units.
UK Coal received a letter last week from the board of Meinl saying it was interested in purchasing the company’s operations, excluding its property interests, and [...]

MMC Energy, Inc. Executes Letter of Intent to Acquire Desert Power

August 26th, 2006

MMC Energy, Inc. (BULLETIN BOARD: MMCN) (Deutsche Borse: JU1) today announced that has entered into a non-binding letter of intent to purchase Desert Power L.P., owner of a partially constructed 100 MW power plant located in Rowley, Utah for approximately $3.5M in cash and stock as well as the assumption of accounts payable and $28.7M [...]