Indian infrastructure development and finance company, the Infrastructure Leasing & Financial Services (IL&FS) is reportedly planning to sell a dozen national highway projects that have been completed and are presently generating toll revenue. Sources from the National Highways Authority of India (NHAI) stated that the …
India’s National Investment and Infrastructure Fund (NIIF) recently confirmed that it had acquired IDFC Infrastructure Finance Limited (IDFC-IFL). IDFC-IFL is a non-banking finance company (NBFC), registered as an infrastructure debt fund with the Reserve Bank of India. For the record, IDFC-IFL loans funds to operating …
Brookfield Asset Management Inc., a Toronto-based Asset management company, is reportedly nearing a deal to purchase the power solutions business of Johnson Controls International plc – an Ireland-based automotive parts and HVAC company. Reports cite, the acquisition would be this year’s biggest leveraged buy-outs and …
UQM Technologies Inc., a manufacturer of alternative energy technologies, has recently announced the launch of PowerPhase® FCS – the new Integrated Fuel Cell Compressor System. As per credible sources, this product is designed to serve the fuel cell market’s growing demand for a high performance …
China’s Sinopec and Germany’s BASF are looking to construct a new steam cracker in Nanjing, China, in an attempt to strengthen their partnership further in China’s upstream and downstream chemical production market, the companies stated. Both the companies have inked a Memorandum of Understanding (MoU) …
German smart AC and thermostat control manufacturer Tado has reportedly announced that it has raised over $50 million in a new funding round from several noteworthy strategic investors, including e-commerce giant and major smart home space player, Amazon, Inc. Reports cite, the European Investment Bank, …
