FERC Approves Constellations $1.1B Acquisition of BostonGen Plants

FERC Approves Constellation’s $1.1B Acquisition of BostonGen Plants The Federal Energy Regulatory Commission (FERC) last month approved Constellation Energy’s $1.1 billion acquisition of BostonGen’s five power plants in the Boston area, which have a combined capacity of 2,950 MW. The approval marks closing of the sale of the third-largest generating portfolio in the New England […]

A Hot Acquisition For Alfa Laval

A Hot Acquisition For Alfa Laval Alfa Laval, a company that specializes in heat transfer, centrifugal separation and fluid handling, has signed an agreement to acquire Aalborg Industries Holding A/S for US$732 million (SEK 5 billion). The closing of the transaction is subject to clearance from regulatory authorities. Aalborg Industries has about 2600 employees and […]

Acquisition Moves Chinas Weichai into EU Market

Acquisition Moves China’s Weichai into EU Market In what is believed to be the first, or one of the first, such moves by a Chinese manufacturer, Weichai Power Co. Ltd., Weifang, Shandong province, has purchased marine engine and propulsion systems manufacturer Moteurs Baudouin S.A., Cassis, France. With the acquisition, Weichai thus acquires its first engine […]