On Thursday, Golar LNG Limited (USA) (NASDAQ:GLNG)’s shares declined -1.00% to $45.56.
Golar LNG Ltd. (GLNG) declared the formation of a 50/50 joint venture with Stolt-Nielsen Limited to pursue opportunities in small-scale LNG production and distribution. Stolt-Nielsen has also made a strategic investment in Golar through open market purchases, representing an ownership stake of approximately 2.3%.
The joint venture between Golar and Stolt-Nielsen will draw upon the logistics and small-scale LNG assets controlled by Stolt-Nielsen and the ocean-based LNG midstream assets controlled by Golar to provide a fully integrated LNG logistics service to consumers of natural gas.
Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, liquefaction, and trading of LNG. The company operates in three segments: Vessel Operations, LNG Trading, and FLNG. It is involved in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRUs); and the development of LNG projects.
Canadian Solar Inc. (NASDAQ:CSIQ)’s shares gained 0.55% to $27.40.
Canadian Solar Inc. (CSIQ) one of the world’s largest solar power companies, recently declared that it served as the supplier of photovoltaic (PV) modules for the 42.9 MW Takataya Hibiki PV plant in Kitakyushu, Japan. In total, Canadian Solar offered 168,240 Canadian Solar CS6P-255P solar panels.
The Takataya Hibiki solar power plant, located in the Fukuoka prefecture, is predictable to reach commercial operation in August of 2015. While the independent power producer is Takataya Co. Ltd, JGC Corporation offered turnkey engineering, procurement, and construction services. Takataya Hibiki is predictable to generate 49 million kWh annually, which is equivalent to powering 13,600 homes. Furthermore, the system will displace about 32,340 metric tons of carbon dioxide every year.
Canadian Solar Inc., together with its auxiliaries, designs, develops, manufactures, and sells solar wafers, cells, and solar power products worldwide. The company operates in two segments, Module and Energy. Its products comprise various solar modules that are used in residential, commercial, and industrial solar power generation systems. The company also provides specialty solar products comprising of Andes Solar Home System, an off-grid solar system, designed to provide an economical source of electricity to homes and communities without access to grid; and Maple Solar System, a clean energy solution for families, in addition to solar system kits, which are a ready-to-install packages, such as inverters, racking system, and other accessories.
At the end of Thursday’s trade, NextEra Energy Inc (NYSE:NEE)‘s shares surged 1.82% to $100.22.
Silagy has been with FPL and its parent company NextEra Energy Inc (NEE), Florida Power & Light Company (FPL) declared that its President and Chief Executive Officer Eric Silagy has been designated to the U.S. Chamber of Commerce Board of Directors for a two-year term. Silagy joins an influential group of 100 business leaders who champion the interests of more than 3 million businesses of all sizes, sectors and regions.
NextEra Energy, Inc., through its auxiliaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2014, it served about 9 million people through about 4.7 million customer accounts in the east and lower west coasts of Florida.
Family Dollar Stores, Inc. (NYSE:FDO), ended its Thursday’s trading session with 0.21% gain, and closed at $79.35.
Family Dollar Stores, Inc. (FDO) declared in connection with its projected acquisition by Dollar Tree, Inc. (“Dollar Tree”) that Family Dollar and Dollar Tree signed a contract Containing Consent Orders projected by the staff of the U.S. Federal Trade Commission (“FTC”). The agreement comprises a draft Decision and Order, which remains subject to acceptance and final approval by the FTC Commissioners, and would permit Dollar Tree to acquire Family Dollar subject to an obligation to complete the divestiture of 330 Family Dollar stores within a specified period following the closing of the acquisition of Family Dollar. As formerly declared by Dollar Tree, Dollar Tree has reached an agreement to divest these 330 Family Dollar stores to Sycamore Partners. Dollar Tree has informed Family Dollar that Dollar Tree intends to close its acquisition of Family Dollar shortly after the FTC accepts the Decision & Order for public comment and continues to expect the closing to occur in early July 2015.
Family Dollar Stores, Inc. operates a chain of general merchandise retail discount stores primarily for low- and middle-income consumers in the United States. Its merchandise assortment comprises consumables, such as batteries, diapers, food products, hardware and automotive supplies, health and beauty aids, household chemicals, paper products, pet food and supplies, and tobacco; and home products, counting blankets, sheets, towels, giftware home décor products, and housewares.
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