BRIEF-Ares Management acquires stake in diversified U.S. energy portfolio from edpr-February 2024-www.financetom.com

BRIEF-Ares Management acquires stake in diversified U.S. energy portfolio from edpr

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Ares Management acquires stake in diversified U.S. energy portfolio from edpr

Oct 6, 2025 4:01 AM

Oct 6 (Reuters) - Ares Management Corp ( ARES ):

* ARES MANAGEMENT ACQUIRES STAKE IN DIVERSIFIED U.S. ENERGY

PORTFOLIO FROM EDPR

* ARES MANAGEMENT CORP ( ARES ) - PORTFOLIO ENTERPRISE VALUE ABOUT

$2.9

BILLION

* ARES MANAGEMENT CORP ( ARES ) - BUYS 49% STAKE IN EDPR PORTFOLIO

Source text:

Further company coverage:

Previous page： Market Chatter: President Biden to Sign Bill Easing Environmental Reviews for Semiconductor Manufacturers Next page： Update: Hut 8 Loses 5.7% as it Pays a US$38-Million Outstanding Loan With Shares

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Market Chatter: President Biden to Sign Bill Easing Environmental Reviews for Semiconductor Manufacturers

Oct 2, 2024

11:58 AM EDT, 10/01/2024 (MT Newswires) -- President Joe Biden will sign the bill that eases federal environmental review requirements for certain semiconductor manufacturers that got subsidies under the 2022 CHIPS and Science Act, the New York Times reported Tuesday, citing White House officials. Under the new law, qualifying projects will be exempted from reviews by federal agencies evaluating the...

Update: Hut 8 Loses 5.7% as it Pays a US$38-Million Outstanding Loan With Shares

Oct 2, 2024

11:57 AM EDT, 10/01/2024 (MT Newswires) -- Hut 8 ( HUT ) shares were last seen down 5.7% after the bitcoin miner on Tuesday said it is paying a outstanding US$38-million loan owed by a subsidiary to Anchorage Lending with shares. The company said it is issuing Anchorage an unspecified number of shares with a deemed price of US$16.395 each....

Update: Bitfarms Down 4.9% Following September Production Update

Oct 2, 2024

11:59 AM EDT, 10/01/2024 (MT Newswires) -- Bitfarms ( BITF ) on Tuesday said it earned 217 bitcoin (BTC) in September, dropping from 411 BTC in September 2023 and down from 233 BTC earned in August. Bitfarms ( BITF ) said bitcoin difficulty increased 1.2% in September, resulting in lower month over month production. BTC sold stood at 173 in...

RTX Shares Are Trading Higher Today: What You Need To Know

Oct 2, 2024

Shares of RTX Corporation ( RTX ) are trading higher Tuesday, following a report suggesting an Iranian missile strike at Israel is imminent. Here’s what you need to know. What To Know: Reports surfaced that Iran is preparing a missile strike against Israel in retaliation for an Israeli airstrike that killed Hezbollah leader Hassan Nasrallah. The news, earlier reported by...