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Rockwood Holdings to acquire Talison Lithium for C$724M

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Rockwood intends to finance the acquisition using existing cash on its balance sheet and new debt financing. Lazard is acting as exclusive financial advisor to Rockwood, and Gilbert & Tobin is acting as Rockwood’s legal counsel. —Seifi Ghasemi, Chairman and CEO of Rockwood.

Financing 218
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Daimler takes minority stake in Sila Nanotechnologies; next-generation lithium-ion battery materials

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Founded in 2011, Sila Nano is a developer of new battery materials which outperform existing lithium-ion technologies. The investment forms part of Sila Nano’s $170-million Series E financing, which was led by Daimler. (Sila Nano) ( earlier post ) as part of Daimler’s research and development activities in support of electromobility.

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EU Industry Ministers Call for Harmonized EV Charging and Safety Standards by Mid-2011

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In addition, the ministers, in their communication, urged European standardization bodies to develop, as a matter of priority by mid-2011, a harmonized solution for the interoperability between electric vehicles and the charging infrastructure and to address safety risks and electromagnetic compatibility.

2011 210
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Osum Oil Sands closes $500M private placement; new investors include government of Singapore

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The financing was led by a combination of new and existing shareholders. billion barrels (net) of Best Estimate Contingent Resources through both acquisitions and additional geological and reservoir work in 2011. Stikeman Elliot LLP acted as legal counsel to the KERN led shareholder group. Canada-based Osum Oil Sands Corp.

Oil-Sands 210
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California ARB fines Ford $2.96 million for sales of non-compliant On-Board Diagnostic systems in California

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million, $740,000 will go to the California Pollution Control Financing Authority (CPCFA), which provides financial assistance to projects aimed at reducing pollution and waste and encouraging the use of renewable energy.

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Valeo acquires electric supercharger business from Controlled Power

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CPT was advised on the transaction by Turquoise International (corporate finance) and Matthew Arnold Baldwin (legal & tax). It also validates our approach to technology development, which we apply to all our products. —CPT CEO Nick Pascoe“.

Power 326
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Summary of decisions from Durban climate conference

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Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. A Standing Committee is to keep an overview of climate finance in the context of the UNFCCC. A focused work program on long-term finance was agreed will contribute to the. as possible, but not later than 2015.

Climate 294