This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A letter of intent (LOI), expression of interest (EOI) or term sheet is typically the first substantive document in the life of a transaction (noting that, oftentimes, parties will sign a nondisclosure agreement prior to entering into an LOI or EOI; however, confidentiality terms can also be included in the LOI or EOI itself).
According to the GE HealthCare press release, the company intends to utilize Amazon Bedrock to amplify the advantages of generative AI for their customers and build its own proprietary generative AI applications for healthcare use cases. By: Knobbe Martens
federal government both increased its spending in the area and the speed with which it adopted guidelines on the utilization of AI more generally. As general interest and investment in AI has accelerated since the initial public launch of ChatGPT, so too has the U.S. This tracks other actions outside the U.S.,
Cyberattacks on electric power utilities are on the rise. From 2020 to 2022, weekly attacks more than doubled. An attack that exploits a vulnerability in intelligent electronic devices (IEDs) like… Read more on Cisco Blogs
The post Golden Gate to acquire electric utility manufacturer DMC Power appeared first on PE Hub. As part of the transaction, Bridgepoint will exit its investment through the sale of its stake to Golden Gate Capital.
The post Hastings Equity expects to make add-on deals for utility consulting group Celerity appeared first on PE Hub. Hastings acquired Celerity Consulting Group in 2021 and added on Clear Path earlier in 2023.
Calera, Greenbelt, Align, Oaktree and CAI are among the private equity firms buying engineering, procurement and construction contractors for utilities. The post Repowering the grid: 5 PE deals in the utility EPC sector appeared first on PE Hub.
The post Fengate buys heat and power facility Morris Cogeneration from Atlantic Power and Utilities appeared first on PE Hub. The firm acquired ownership of the facility under its strategic operating partnership with Ironclad Energy.
The post Bernhard Capital-backed Delta Utilities to acquire CenterPoint’s natural gas operations in Louisiana and Mississippi appeared first on PE Hub. The sale is expected to close toward the end of the first quarter of 2025.
The post Calera Capital-backed TIS picks up underground utility firm Dynetek appeared first on PE Hub. Headquartered in Warren, Michigan, TIS is an infrastructure services provider in the power, fiber, and wireless communications construction industries.
Consolidation and alternative energy drive big-ticket energy, mining and utilities M&A - Global dealmaking in the construction and energy, mining and utilities (EMU) sectors has cooled over the course of 2023. There were 2,927 deals announced across the sectors through the first nine months of the year, down 12.7
The post ORIX Capital-backed Peak Utility Services taps Lennon as CEO appeared first on PE Hub. Outgoing CEO Christopher Larocca will remain on Peak's board of directors, and will remain CEO of Network Connex, which is also backed by ORIX.
Private equity bets actively on the utility and power sector. The post VC-backed Electric Sheep eyes new PE fund, 5 PE deals in the utility EPC sector appeared first on PE Hub.
E Source is looking to add subject matter expertise to help utilities with some of their largest grid-related problems,' said Matt Iodice. The post Align Capital Partners eyes tuck-ins for utility consulting group E Source appeared first on PE Hub.
Battery energy storage systems (BESS), which enable utility companies and grid operators to access pools of surplus renewable energy on demand that would otherwise be wasted, play a central role in the global energy transition.
The post Renewable energy assets yielded big deals for utilities and others in 2023 appeared first on PE Hub. Apollo, ArcLight, Blackstone, Brookfield, EnCap and other investors struck big deals for wind, solar and hydro portfolios.
Utilities, 426 F.3d 2005), the stockholders of Northeast Utilities sued Consolidated Edison for the $1.2 The Court of Appeals concluded that the Northeast Utilities’ stockholders lacked third-party beneficiary status to enforce the merger. Edison, Inc. 3d 524 (2d Cir.
Declining automotive plant capacity utilization in the U.S. A number of auto suppliers are reducing R&D and engineering budgets in response to cost pressures, according to a report in Crain’s Detroit.
Utilities are outpacing technology in 2024, benefiting from their role in the expansion of artificial intelligence and a growing need for electrical power.
May 21, 2024: Alternative Power Partners, providers of renewable energy project development that deals in cutting-edge technologies to drive the transition towards clean energy solutions for community, commercial, industrial, and utility-scale solar and battery projects, was acquired by Renewable Construction Services for an undisclosed amount.
The Committee on Foreign Investment in the United States (CFIUS) continues to aggressively utilize and expand its authority to address national security risks related to foreign investment into the United States. By: Akin Gump Strauss Hauer & Feld LLP
Training new employees often involves disclosing information containing trade secrets to these employees – valuable information that could be utilized to start a competing business or improve a competitor’s operation. Many employers and stakeholders in U.S. businesses may initially balk at this news. By: Caldwell
Startups must comprehensively understand the types of intellectual property and fashion a forward-looking strategy to protect innovations utilizing intellectual property. Traditionally, the main assets of startups are innovations that require Intellectual Property protections, such as Patents, Trademarks, Copyrights, and/or Trade Secrets.
This paper explores the mechanisms by which companies have utilized corporate restructuring through divisive mergers in conjunction with the available protections and tools of the United States Bankruptcy Code to resolve mass tort liability without placing the entirety of the business under bankruptcy.
The utilities sector was the only S&P 500 sector with a positive return in April, resulting in a bullish long-term momentum shift for the Utilities SPDR (XLU).
In today’s digital landscape, the rise of online transactions has unfortunately been accompanied by an increase in fraudulent activities, particularly in sectors such as utilities and recharges. This involves collecting government-verified documents such as Aadhaar, PAN, or utility bills from customers to confirm their identities.
As our nation works towards a common goal of strengthening its critical infrastructure by deploying advanced cybersecurity, federal grants are one of the sources available to state and local… Read more on Cisco Blogs
September 7, 2023: ConnectGen, a company that develops, builds, operates, and finances utility-scale clean energy projects, was acquired by Repsol for an estimated $715 million.
We organize all of the trending information in your field so you don't have to. Join 38,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content