星期日, 6 9 月, 2026
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

Westbridge to Exit Alberta Red Willow Solar-BESS

Canada’s Westbridge Renewable Energy said it signed a definitive agreement to sell its Red Willow solar-plus-storage project in Alberta. The transaction would generate total...

Swedish solar manufacturer Midsummer SE gives up to build a solar cell factory in Sweden

Swedish solar manufacturer Midsummer SE (STO:MIDS) has dropped plans to build a solar cell factory in Flen, Sweden, and will decline an EU grant...

MN8 and Eos LDES build 86-MW solar project with BESS

MN8 Energy, Eos Energy Enterprises Inc (NASDAQ:EOSE) and Google have unveiled a partnership to deliver an 86-MW solar project combined with short- and long-duration...

US battery storage installations for 20.2 GWh in Q2

The US energy storage industry deployed a record 20.2 GWh of battery energy storage systems (BESS) in the second quarter of 2026, a 108%...