Macquarie Bank Limited (MBL) and Novera Energy Limited (NVE) announced today that they have established Novera Macquarie Renewable Energy Limited (NMRE), a 50:50 joint venture company whose purpose is to own and operate renewable energy assets, initially in the United Kingdom. Assets are to be purchased from Novera Energy and United Utilities plc for a total enterprise value of $301.3 million.
Monday, December 20, 2004
Renewable Energy News
Once again, my "renewable energy" alert from Google brings many good tidings. From WasteNews.com, an announcement that the Solid Waste Association of North America is joining a group of trade associations pusing for extensions and increases of tax credits for renewable energy. From RenewableEnergyAccess.com, news that Europe isn't just developing renewables for itself -- it's also spreading the good word on clean energy into Latin America. And "Down Under" :