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America’s biggest solar buyer has a low profile

Bloomberg The biggest buyer of solar farms in America is a company you’ve probably never heard of. Meet Capital Dynamics, an asset manager that handles $15 billion. The firm’s been snapping up clean-power plants for years, but it wasn’t until this month — when the company agreed to spend almost $1 billion on a solar business — that it really ...

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Oklahoma toughens oil fracking rules as earthquakes climb

Bloomberg Oklahoma is tightening its rules for fracking after studying a new cluster of earthquakes in one of the hottest US regions for drilling. The Oklahoma Corporation Commission announced that all explorers within certain areas must use equipment known as a seismic array, which detects movement underground. The regulators also lowered the quake threshold for pausing work from 3.0 magnitude ...

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China’s Geely to use $9 billion collar trade on Daimler deal

Bloomberg Chinese billionaire Li Shufu’s Geely Group structured the purchase of its 7.3 billion-euro ($9 billion) stake in Daimler AG through complex derivative transactions that allowed the buyer to build a large equity holding while limiting the risks, people with knowledge of the matter said. Geely entered into a so-called collar trade for the entire stake, making this the largest ...

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