星期五, 5 12 月, 2025
Home PV Project Petrotech says IC Green Energy may drop Petrotec bid

Petrotech says IC Green Energy may drop Petrotec bid

German market regulators have exempted IC Green Energy from making a mandatory takeover offer for shares it does not own in Petrotec (PT8G.DE), the German biodiesel maker said late Friday.


A statement from Petrotec said Tel Aviv-listed IC Green Energy had informed it about the Feb. 26 decision made by German Financial Services Authority BAFin.


IC Green Energy holds 42.83 percent voting rights in Petrotec and had asked BAFin in December to let it drop its planned takeover offer for Petrotec. [ID:nL9329989]



 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Australia solar Installation hits 40 GW

An IEA survey of solar power applications in Australia shows that the country installed 5.2 GW of solar capacity in 2024 and reached a...

Versiris Energy completes logistically tricky rooftop solar project

Versiris Energy completed a 575.36-kWDC rooftop solar project for a national commercial retail facility in Chanhassen, Minnesota. Versisis, a commercial solar developer and subsidiary...

Recurrent Energy Sells 275 MW Solar-Plus-Storage Project in New South Wales to European Investor

Recurrent Energy, a subsidiary of Canadian Solar Inc. and a global developer of solar and energy storage assets, has finalized the sale of its...

Azerbaijan seeks Chinese help in achieving “green” power dream

Azerbaijan is hoping China can play a big role in helping Baku fulfill its ambitions of building a “green energy corridor” to Europe. Azerbaijani officials...