Hints and tips:
...Last month, it committed to buy $550mn of solar energy consumer loans from SunPower....
...The group’s shareholders should gear up for a fight with Silver Lake and Emanuel, Lex argues....
...In today’s newsletter Silver Lake and Bain’s dealmaking duel SoftBank gives up on being the next Berkshire Adani goes on the defence The Silver Lake and Bain Capital deal drama in Germany Silver Lake...
...It softens and diffuses sunlight, so that a view of the city from a Silver Lake terrace or a Koreatown rooftop is more Impressionist painting than photograph....
...Morgan Stanley, which also worked on the Facebook and Silver Lake deals, advised Reliance. Reliance launched Jio as a telecoms operator in 2016....
...Jio’s surging growth helped attract $20bn in investment last year from Facebook and Silver Lake alongside Google....
...For Silver Lake’s Egon Durban, it was a make-or-break moment, as he bet big on the recovery of some hard-hit companies....
...CEO rules out hostile M&A after offer to Duke Energy (Reuters)...
...Lake Oahe, in the tribe’s territory, will be temporarily shut down....
...Mukesh is the scion of a polyester-to -energy empire founded by his father Dhirubhai Ambani, 20th-century India’s most celebrated rags-to-riches story....
...Apollo has also been a part of a creditor group calling for an independent “examiner” to probe corporate governance at the private equity-backed energy company Sable Permian Resources....
...Since Facebook first said it would invest $5.7bn into Jio in April, Reliance has sold stakes totalling 33 per cent of the young digital company to everyone from Silver Lake to KKR to Saudi Arabia’s Public...
...energy giant....
...Go deeper on the club whose parent company is part-owned by Silver Lake with our FT Scoreboard briefing later this week. Sign up to receive it here....
...It has been a harsh spring for the Salt Lake Tribune newspaper....
...Silver Lake declined to comment....
...Plus, the FT’s Leslie Hook explains why China’s commitment to renewable energy has lagged in recent years, and why it’s causing alarm ahead of the annual UN climate talks....
...So it is with some trepidation that he agrees to meet at the FT’s annual commodities summit, in the Beau Rivage hotel in Lausanne on the shores of Lake Geneva....
...The price of the stake sold to Silver Lake was not disclosed....
...Silver Lake, which is based in Menlo Park, California, will pay 490p a share for ZPG, which also owns the household energy comparison site uSwitch, another property website PrimeLocation and personal finance...
...The vendor was another limited liability company, Bayrock/Sapir Organization LLC....
...There are over 200m smart meters installed worldwide (excluding China, a closed market) according to Bloomberg New Energy Finance....
...Engie, the French energy group, sold its stake in NuGen last month to Toshiba, leaving the fate of the project dependent on the cash-strapped Japanese group attracting fresh investment....
...A bid backed by Silver Lake is the frontrunner in an $18bn-plus auction for Toshiba’s flash memory business....
...However, a source close to Silver Lake dismissed the report, which had appeared in The Information....
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