Chesapeake Utilities agreed to acquire Gatherco for $59.2 million, merging it into wholly-owned subsidiary Aspire Energy of Ohio; Canadian Solar agreed with Sharp Corp. to acquire Recurrent Energy for $265 million; Iberdrola USA agreed to acquire UIL Holdings and create a newly listed U.S. publicly-traded company with a rate base of approximately $8.3 billion; Plus debt offerings from Williams Partners and Cheniere Energy.
Cheniere Energy’s (Cheniere) wholly owned subsidiary, Corpus Christi Liquefaction, and Bechtel Oil, Gas and Chemicals, (Bechtel) have entered into two lump sum turnkey contracts for the engineering, procurement and construction (EPC) of LNG trains and related facilities being developed near Corpus Christi, Texas (the Corpus Christi Liquefaction Project). The Corpus Christi Liquefaction Project is expected to be constructed in stages, with each LNG train commencing operations on a staggered basis. Work under the EPC contract is expected to c