Sentences with phrase «stakes in coal»

On January 12, 2011, Arch Coal stated that it was going to buy a 38 % ownership stake in the coal loading facility planned for Longview, Washington.
ALSO: A New Mexico county is considering letting its 3 percent ownership stake in a coal plant expire in 2022, the year the facility is set to close.
Furthermore, fossil fuel and utility interests that have a stake in coal or natural gas plants simply want to slow the growth of their competition: for every solar installation on a home, means approximately one less customer paying for the electricity produced from fossil fuel plants.
Bernd and Vimana, Please don't call people that are critical on Wind power «Wankers» or «lovers of smoke stags» or think that we have a stake in the coal or oil industry.

Not exact matches

West Perth - based junior miner African Energy Resources has farmed out a 51 per cent stake in its Sese coal and power project in Botswana to a Vancouver - based firm for $ 8 million.
The previous year's result was boosted by the sale of stakes in Arrow Energy and the Lenton coal project in Queensland.
Mylan has 99 percent stakes in 5 LLCs that own refined coal plants: Canton Fuels Company in Illinois, Chouteau Fuels Company in Oklahoma, Deogun Manufacturing Company in Utah, Marquis Industrial Company in Indiana and Powder Street LLC in West Virginia.
The Yancoal transaction followed the $ US606 million sale of Rio's 40 per cent stake in the Bengalla coal mine to New Hope, and the $ US220 million sale of the Mt Pleasant coal project in NSW in 2016.
Avista owns a 15 - per - cent - stake in two of the four units at the Colstrip plant in Montana — a major coal - mining state — and plans to use them for electricity production until 2035, said a spokesperson for the company that also operates hydroelectric dams, natural gas and biomass generating plants and wind turbines.
The Japanese firm already has stakes in gas fields in eastern Australia, where it has worked closely with AWE, and also owns stakes in liquefied natural gas projects in Western Australia, as well as coal and iron ore mines.
Keeping in mind the enormous stake that panel members ExxonMobil and Shell have in the oil, natural gas and coal industries, here is a look at the panel's take on why oil and coal have been so difficult to replace by the following alternative energy sources: Natural gas ExxonMobil favors boosting the U.S.'s consumption of natural gas, in part, because it produces at least 50 percent less greenhouse gas per hour when burned compared with coal, Nazeer Bhore, ExxonMobil senior technology advisor, said during the panel.
This misguided belief can be traced to a major mistake made in the 1980s in energy and trade policy, to stake Australia's competitiveness on coal exports.
On Dec. 7, 2011, Peabody said it bought a 5.1 percent stake in Winsway, a company that specializes in importing Mongolian coking coal into China for use in the steel industry.
[104] The Economic Times reported that Coal India hopes to reach agreement on Peabody Energy Australia spinning the Wilkie Creek Mine off into an unlisted stand alone company in which it would be a 15 % stake.
In the most dramatic example, the Anglo - Australian giant Rio Tinto in July sold its stake in the world's most expensive coal mine in Mozambique — effectively writing off more than $ 3 billioIn the most dramatic example, the Anglo - Australian giant Rio Tinto in July sold its stake in the world's most expensive coal mine in Mozambique — effectively writing off more than $ 3 billioin July sold its stake in the world's most expensive coal mine in Mozambique — effectively writing off more than $ 3 billioin the world's most expensive coal mine in Mozambique — effectively writing off more than $ 3 billioin Mozambique — effectively writing off more than $ 3 billion.
Fukushima presented an opportunity for AGL Energy because it meant that Tepco, the plant's operator, was no longer in a position to invest in Loy Yang A and was a distressed seller of its one third stake in Loy Yang A. AGL Energy, which already had a 32.5 per cent stake in the plant, says Loy Yang A will remain one of the lowest cost generators in the NEM because of cheap coal at the doorstep — it pays just $ 6 / t for brown coal, which would give it a massive advantage over black coal generators in NSW, which are facing costs of $ 45 / t and will go higher in future years.
AGL will spend $ 448 million in equity to lift its stake to 100 per cent, and will then negotiate with bankers for a refinancing of the coal mine.
As a March newsletter sent out by the European Energy Forum (EEF) details, Moore was invited as the main speaker at the dinner hosted by EURACOAL on 2 February in Strasbourg entitled «Climate Demons or Climate Gods: Coal Industry Stakes Its Future».
Like many other utilities around the country that are facing ever - tightening federal emission limits, Dominion is shifting away from coal and embracing wind power in addition to its already large stake in natural gas.
With literally tens of billions of dollars of annual profits at stake — for example, ExxonMobil alone reported $ 22.6 billion in profits in the first half of 2008 — the coal and oil industries are desperately spending hundreds of millions of dollars to shape and mobilize public and elite opinion.
Stopping any new coal export off the West Coast continues to be a major stake in the ground for the climate movement.
Michaels» web publication, World Climate Report, and its skeptical predecessors have been heavily funded by coal and electric utility industries with a large financial stake in preventing regulation of greenhouse emissions.
Heavy pollution from coal power stations is forcing officials to consider alternative forms of energy — and raising the stakes for the country's seven pilot emission trading schemes, the first of which launched in Shenzhen on June 18.
But the coal industry and outside environmental activists, each in a quite different way, see global issues at stake on Cherry Point, the stretch of rocky beachfront north of downtown.
George Soros just bought a huge stake in a couple of coal companies, Peabody Energy and Arch Ccoal companies, Peabody Energy and Arch CoalCoal.
Citizens from aross the Czech Republic are mobilising to protest the government's plan to break its long - held promise not to expand coal mining in North Bohemia, with the futures of two small cities in the north of the country at stake.
With coal plants built in civilisation heritage sites, even our past is at stake.
The stakes are high, particularly in view of the Obama EPA's war on coal mining, coal - fired power plants, businesses and industries that require reliable, affordable electricity — and families, communities and entire states whose jobs, health and welfare will suffer under this anti-fossil fuel agenda.
In fact, Tata bought a 30 % stake in two Indonesian coal - mining units for $ 1.3 billion in April 2007 in order to secure the coal resources for the Mundra planIn fact, Tata bought a 30 % stake in two Indonesian coal - mining units for $ 1.3 billion in April 2007 in order to secure the coal resources for the Mundra planin two Indonesian coal - mining units for $ 1.3 billion in April 2007 in order to secure the coal resources for the Mundra planin April 2007 in order to secure the coal resources for the Mundra planin order to secure the coal resources for the Mundra plant.
Chief Power, an affiliate of ArcLight Energy Partners Fund V, is the financial vehicle for ArcLight's stakes in Exelon's portions of two coal plants it divested in 2015, the 1,711 MW Keystone and the 1,711 MW Conemaugh plants in western Pennsylvania.
If they are astroturfers for Big Oil interests, then they would become more prominent after nuclear liberalization, as AGW campaigners would be an existential threat to Big Oil's stake in the electricity generation field once the main competitor was zero - carbon nuclear rather than high - carbon coal.
The activists demonstrated the role that Pepco Holdings plays in the destruction of mountains and valleys in Appalachia by enacting a fight between coal and a coal - burning power plant and wind energy, with the mountains and the planet representing the stakes in the fight.
PJSLaw acted as transaction counsel to Global Business Power Corporation (GBP)'s entry in the Mindanao power market through the acquisition of a significant stake in a 210MW coal - fired power plant in...
ATEC will also assume ACR's stake in San Ramon Power, Inc. which is developing another 105MW coal - fired power plant in Zamboanga City.
PJSLaw acted as transaction counsel to Global Business Power Corporation (GBP)'s entry in the Mindanao power market through the acquisition of a significant stake in a 210MW coal - fired power plant in a 210MW coal - fired power plant in Sarangani province.
GBP, an associate of Metro Pacific Investments Corp. (MPIC), has entered into an agreement with Alsons Consolidated Resources, Inc. (ACR) to acquire, subject to the fulfilment of certain conditions precedent, a 50 % stake in Alson Thermal Energy Corp. (ATEC), the holding company for the baseload coal - fired power plant and a subsidiary of ACR.
Over the past 10 years Rozee, who is senior vice president commercial and legal affairs at Teck Resources, has been involved in a number of large transactions, including the company's $ 14.8 - billion purchase of the Fording River coal mine and its $ 825 - million sale of its stake in the Waneta hydro - electric dam.
Over the past 10 years Rozee has been involved in a wide variety of prominent deals, including the company's $ 14.8 bn purchase of the Fording River coal mine and its $ 825m sale of its stake in the Waneta hydro - electric dam.
India's Adani has appointed Morgan Stanley to advise on the possible sale of a stake in its Abbot Point coal port in Australia, as it looks to raise funds to help finance a $ 6.2 billion mine, rail and port project.
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