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Source: www.gulfoilandgas.com 12/16/2010, Location: Europe
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Conergy AG is selling its Swiss solar thermal products business to Capital Stage AG, a private-equity company specialising in projects in the clean-tech sector. With the sale, all shares in Conergy's Swiss subsidiary Conergy (Schweiz) GmbH pass to Capital Stage. Conergy (Schweiz) GmbH is a local market leader in solar thermal technology and active in other regenerative energy fields in Switzerland. The company name will change to Helvetic Solar GmbH.
The contract is still subject to suspensive conditions. Completion is expected in February 2011 at the latest. The parties have agreed not to disclose the sale price.
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| US Stock Movements |
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Austria >> 6/18/2013 - Preliminary data for May shows that US total commercial oil stocks rose by 15.5 mb, for the third consecutive month to stand at 1,115.1 mb. With this ...
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| US Product Markets and Refinery Operations |
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Austria >> 6/17/2013 - US gasoline demand stood at around 8.7 mb/d in May, 230 tb/d higher than the previous month, but down by around 270 tb/d from the same month a year ea...
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