This means that the government will not continue to follow the power purchase agreements
on a 'take and pay' basis, which binds the government to pay capacity charges.
In addition, GoMobile Nu AB, the company's second largest shareholder, has entered into a share purchase agreement
regarding the sale by GoMobile Nu AB of 1,480,000 shares in the company for a total consideration of SEK25,160,000, corresponding to a price of SEK17.00 per share.
The rights to the Security Purchase Agreement
with Chu were assigned to Du Xiaoyu, and Du and Zhou each purchased in a private placement 500,000 shares of common stock, par value $0.01 per share at a purchase price of $3.60 per share for total gross proceeds to the company of $3.600,000.
SGX is currently one of the biggest stakeholders in the fixed income bourse, and is one of the few shareholders that do not have a share purchase agreement
with the PSE, which is also aggressively pushing for a merger with the PDSHC.
Colbun SA, a company dedicated to power generation, has awarded a 15 year power purchase agreement
to France-based Total (CAC: TOTF.PA) and United States-based SunPower (Nasdaq: SPWR).
The latest power purchase agreement
gives AECC access to 201 megawatts of wind energy.
Among the sale and purchase agreements
, 10,390 were for residential units, representing a 29.8 percent increase on January but an 11.4 percent decrease compared with the same month last year.
CAR buyers were yesterday warned to do their homework before getting caught in a hire purchase agreement
"The termination of long-term purchase agreements
is a crucial step in the liberalisation of the electricity market in Poland," said Competition Commissioner Neelie Kroes.
Buyers can approach the mark-up and negotiation of the purchase agreement
to better position themselves in a competitive acquisition process and effectively negotiate a reasonably balanced agreement.
Most sponsor purchase agreements
provide that the purchaser must close within 30 days after delivery of a written notice of the closing.