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General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

Green Car Congress

Ltd (Tengzhong) have entered into a definitive agreement that will allow Tengzhong to acquire GM’s HUMMER brand. Tengzhong intends to purchase HUMMER through an investment entity, in which it will hold an 80% stake. General Motors and Sichuan Tengzhong Heavy Industrial Machinery Co.,

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United purchasing 15M gallons of renewable jet fuel from AltAir Fuel; Honeywell’s UOP Green Jet

Green Car Congress

United Airlines executed a definitive purchase agreement with AltAir Fuels ( earlier post ) for cost-competitive, sustainable, bio-synthetic paraffinic kerosene at commercial scale. In November 2011, United operated the first US commercial flight powered by advanced biofuels.

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ZEEP to purchase Eastman TXE gasification project in Texas; Coke to H2 and CO2

Green Car Congress

ZEEP ) has entered into a definitive agreement with Eastman Chemical Company Investments, Inc., a subsidiary of Eastman Chemical Company, to purchase all of the membership interests of TX Energy, LLC (TXE). The transaction is expected to close during the second quarter of 2011. Zero Emission Energy Plants Ltd.

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Amsterdam and Renault-Nissan Partner on EVs; Targeting Sales of 1,000 EVs by End of 2011

Green Car Congress

The City of Amsterdam (the Netherlands) has signed a Definitive Agreement with the Renault-Nissan Alliance to encourage the uptake of electric vehicles. Among the specific targets agreed by both parties is a determination to register at least 1,000 EV sales by the end of 2011. Deliveries of the Fluence Z.E. and Kangoo Express Z.E

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Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

Green Car Congress

(KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines. KMP and KMR.

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Rockwood Holdings to acquire Talison Lithium for C$724M

Green Car Congress

has entered into a definitive agreement with Talison Lithium Limited to acquire all of the outstanding shares of Talison in an all-cash transaction for C$6.50 per share for an equity purchase price of approximately C$724 million, on a fully diluted basis (US$732 million). Earlier post.).

Financing 218
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Novamont launches joint venture for European BDO plant using Genomatica’s process

Green Car Congress

Genomatica and Novamont have signed a definitive agreement establishing a joint venture (JV) for the first industrial plant in Europe producing butanediol (BDO) directly from renewable feedstocks. This follows the announcement on 18 August 2011 of a letter of intent between the companies. Earlier post.).

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