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Heavy Electrical Equipment

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Nordex wins contracts for 148 MW in Argentina

Tuesday, 3 Jan 2017 07:38am EST

Nordex SE : Nordex awarded contracts for 148 MW in Argentina .Construction is to commence in Q4 of 2017 for expected completion in summer 2018.

Beijing Hezong Science & Technology to acquire two companies for 720 mln yuan

Wednesday, 28 Dec 2016 08:53am EST

Beijing Hezong Science & Technology Co Ltd <300477.SZ> : Says it plans to acquire a Hunan company and a Jiangsu company for 720 million yuan ($103.51 million) via cash, share issue .Says it plans to raise up to 505 million yuan in private placement of shares to help fund acquisition.

Galaxy Biomedical Investment unit to raise stake in bio-tech firm to 50 pct for 120 mln yuan

Tuesday, 27 Dec 2016 10:48pm EST

Galaxy Biomedical Investment Co Ltd <000806.SZ> :Says co's bio-pharmaceutical unit enters into agreement to inject capital of 120 million yuan in a bio-tech firm, and will own a 50 percent stake in it after transaction.

UQM Technologies announces termination of stock purchase agreement

Tuesday, 27 Dec 2016 06:45am EST

UQM Technologies Inc : UQM Technologies Inc - there are no penalties to uqm from terminating agreement following end date . UQM Technologies Inc - "we have cash and an asset base to meet our anticipated liquidity needs for near future" .UQM Technologies announces termination of stock purchase agreement with Hybrid kinetic group.

China Western Power Industrial to fully buy power generation firm

Monday, 26 Dec 2016 11:20pm EST

China Western Power Industrial Co Ltd <002630.SZ>:Says it plans to use 51 million yuan to raise stake in Yulin-based power generation firm to 100 percent from 49 percent.

Shandong Luyitong Intelligent Electric scraps asset acquisition plan

Sunday, 25 Dec 2016 10:59pm EST

Shangdong Luyitong Intelligent Electric Plc <300423.SZ> :Says it scraps asset acquisition plan as concerning parties failed to reach agreement.

France's Alstom to acquire UK company Nomad Digital

Wednesday, 21 Dec 2016 02:50am EST

Alstom Sa : Nomad Digital has turnover of more than 30 million pounds ($37.10 million). .Nomad Digital, founded in 2002 in the United Kingdom, is a world leading provider of passenger and fleet connectivity solutions to the railway industry..

Harbin Electric entered into new financial services framework agreement

Friday, 9 Dec 2016 06:16am EST

Harbin Electric Co Ltd <1133.HK> : Company entered into new financial services framework agreement with Harbin Electric .Pursuant to agreement company will provide financial services to unlisted Harbin Electric Group.

Hangzhou Zhongheng Electric unit to boost capital in new energy firm to raise stake to 51 pct

Wednesday, 7 Dec 2016 10:14pm EST

Hangzhou Zhongheng Electric Co Ltd <002364.SZ> :Says co's unit plans to inject capital of 15.5 million yuan in a Shanghai new energy tech firm to raise stake in it to 51 percent from 20 percent.

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