Some of the major Energy and Environment Focused Deals:
The state of West Virginia’s commerce department said China Energy Investment Corporation Limited plans to invest $83.7 billion in shale gas development and chemical manufacturing projects in the state. (Fortune)
China‘s top state oil major Sinopec, Bank Of China, and China Investment Corp agreed to help develop Alaska’s liquefied natural gas sector. Alaska Gasoline Development Corp signed a deal with the Chinese companies worth up to $43 billion and which could create up to 12,000 American jobs during construction.
Ford Motor and China‘s Anhui Zotye Automobile have agreed to invest a combined $756 million to set up a 50-50 joint venture in China to build electric passenger vehicles.
Air Products and Chemicals signed an agreement with Yankuang Group for a $3.5 bln coal-to-syngas production facility in China.
Viroment signed an agreement with Hangzhou Iron and Steel worth $800 million addressing textile and sewage sludges for over 800 plants. Viroment also signed a $100 million agreement with Guangye Guangdong Environmental Protection Group to address sewage sludge solids disposal requirements in South China.
Drylet agreed to form a joint venture with Nanjing Hoyo Municipal Utilities Investment and Administration for wastewater treatment in China. Hoyo Municipal Utilities Investment and Administration will also become an equity investor in Drylet.
Delfin Midstream has reached a preliminary 15-year sales deal with city gas distributor ChinaGas Holdings , Delfin founder and Chief Executive Officer Frederick Jones told Reuters. The agreement calls for Delfin to supply 3 million tonnes a year of liquefied natural gas (LNG) from 2021.