In Australia, Jatoil announced that it will unwind its joint venture with PT Bio-diesel AustIndo under which Jatoil purchased a 50 percent stake in the Indonesian jatropha plantation in exchange for 20 million shares in Jatoil worth $4 million at the time.
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Australia’s Jatoil to unwind Indonesian jatropha venture
German industrial conglomerate Siemens AG said Tuesday it will acquire a 28 percent stake in Archimede Solar Energy S.p.A. to expand its expertise in solar thermal power plants, but didn’t provide financial details.
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Siemens to buy stake in Archimede Solar Energy (AP via Yahoo! Finance)
MADRID, March 4 (Reuters) – Mitsubishi Corp has bought a 34 percent stake in the solar power unit of Spanish contractor Acciona, the companies said on Wednesday, giving no financial details of the operation. Financial daily Nikkei said in its Thursday edition that Mitsubishi expects to pay Acciona “several billion yen”. Mitsubishi took a stake in the Amper Central Solar, which operates the …
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(AFX UK Focus) 2009-03-04 19:24 Mitsubishi takes stake in Acciona solar firm (Interactive Investor)
Moog Inc., looking to become a bigger player in the wind energy business, has bought a 70 percent stake in a British company that makes components used in wind turbines, the Elma aerospace company said Friday.
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Moog moves to grow in wind energy field (The Buffalo News)