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Brazil’s largest wind firm aims to dominate solar

Bloomberg Brazil’s biggest wind company has set its sights on dominating the country’s nascent solar market. CPFL Energias Renovaveis SA has 1 megawatt of solar power in operation now, a pilot project in Sao Paulo State, but has plans to build another 450 megawatts. That’s a lot in a country where there’s only 1,300 megawatts of solar panels running, compared ...

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Total, Eni, Novatek bag Lebanon’s first offshore rights

Bloomberg Lebanon granted its first offshore energy rights to a group comprising Total SA, Eni SpA and Novatek PJSC, joining a regional race to find and develop oil and natural gas wealth in the eastern Mediterranean after years of delay. The cabinet awarded two licenses in its first offshore bidding round, allowing the companies to jointly explore blocks 4 and ...

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Hong Kong targets next Alibaba in IPO rules revamp

Bloomberg Hong Kong’s stock exchange proposed to let “innovative” companies list in the Chinese enclave with dual-class share structures to avoid losing out on more initial public offerings by technology giants like Alibaba Group Holding Ltd. Allowing shares with extra voting power is part of a package of measures that may be the biggest change to the exchange’s listing rules ...

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