Natural Gas Utilities

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Gas Plus SpA proposes FY 2014 dividend

12:06pm EDT

Gas Plus SpA:Proposes full year 2014 dividend of 0.10 euro per share.

Gas Natural SDG SA says Kuwait's KIA to invest in its overseas unit

2:45am EDT

Gas Natural SDG SA:Says signs agreement with Kuwait Investment Authority (KIA) to carry out capital increase of $550 mln in Global Power Generation (GPG).KIA to subscribe fully to the increase, acquiring 25 pct of GPG.Wren House Infrastructure Manageme to act as bookrunner for the operation.Considers adding 5 GW capacity on international scale, mainly in Latin America and Asia.

Indraprastha Gas Ltd acquires 50 pct of Maharashtra Natural Gas

12:50am EDT

Indraprastha Gas Ltd:Acquired 47.5 mln shares (constituting 50 pct of present paid up capital) of Maharashtra Natural Gas Ltd (MNGL) in the first tranche at a price of 38 Indian Rupees per share from certain financial investor shareholders of MNGL.

Tokyo Gas to establish SPC for joint development of coal-fired power plant

Friday, 27 Mar 2015 03:45am EDT

Tokyo Gas Co Ltd:Idemitsu Kosan and Kyushu Electric Power and Tokyo Gas have all agreed to jointly proceed with preparations for the development of a coal-fired power plant.To establish a special purpose company (SPC) in Chiba, aiming for May.SPC with tentative name of Chiba Sodegaura Power Co., Ltd. and to be capitalized at 996 million yen (498 million yen in capital, 498 million yen in capital reserve).The three companies to hold equal share in SPC.

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