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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Clean Energy Acquisitions Pick Up

Deals, Mergers & Acquisitions

• US shale player Carrizo Oil & Gas is selling over to Callon Petroleum for a total of $3.2 billion, which includes $1.2 billion in stock and the rest in debt. This is a merger deal for Texas shale, specifically for the Permian Basin and Eagle Ford. The deal is expected to close in Q4. The merger will produce a company with around 200,000 net acres in both basins, with average production of around 100,000 boepd in Q1 2019.

• BlackRock has announced it will acquire a majority stake in a solar and storage solutions business, Distributed Solar Development, owned by the renewables arm of General Electric. GE Renewable Energy will retain a 20% interest in the new venture.

• If you’re looking for deals in the wind energy sector, look for those companies who haven’t been able to keep pace with market disruption. One of those is India-based wind turbine maker Suzlon Energy, which has failed to make principal payments on its bond issuance of $546.91 million. Rumor is now that it’s targeted for acquisition and that Canadian Brookfield Asset Management is planning a majority stake offer.

Discovery & Development

• We’ve just seen the first LNG freight derivatives trade using Baltic Exchange spot price assessments. This was brokered by Affinity Shipping between Total Gas & Power and trading giant Glencore. Why is this important? Because we’ve seen charter rates…





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