Essar Energy Plc (ESSR.L)
|Market Cap (Mil.):||£894.88|
|Shares Outstanding (Mil.):||1,303.44|
Dec 4 - Essar Energy Plc : * Notice to convert fccbs $262 million into equity * Issues notice to convert fccbs aggregating USD 262 million into Essar Oil
Nov 25 - Essar Energy Plc reported a first-half loss as a weak rupee and costs from power projects in 2012 offset a rise in the Indian power plant operator and oil refiner's revenue.
REUTERS - Power plant operator and oil refiner Essar Energy Plc reported a 7 percent decline in first-half core earnings as the impact of a weak rupee offset higher margins at the India-focussed company's key Vadinar refinery.
(Corrects paragraph 3 to say current price EBITDA, not operational EBITDA)
Nov 22 - Essar Energy Plc : * Major shareholder, Essar Global Fund Limited to ensure co meets minimum free
MOMBASA, Kenya, Nov 14 - Kenya is considering inviting bids for a new investor for east Africa's only oil refinery, or converting it into a storage plant, after co-owner India's Essar Energy said it plans to exit, officials said on Thursday.
* Company shelves $1.2 bln plan to upgrade 50-year-old refinery
NAIROBI, Oct 3 - India's Essar Energy, which co-owns east Africa's sole refinery in the port city of Mombasa, said on Thursday it would sell its 50 percent stake to Kenya's government after abandoning plans for a $1.2 billion upgrade.
Sept 11 - Essar Energy Plc : * New US$300 million corporate loan facility * Has upsized its existing US$150 million loan facility with axis bank to
Aug 28 - Essar Energy Plc named Sushil Maroo as its chief executive, replacing Naresh Nayyar who has decided to step down after more than three years at the helm.