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On April 5th, World Health Organization Director-General Tedros Adhanom Ghebreyesus expressed concern over the US-Israeli strikes near Iranian nuclear facilities. On social media, Tedros stated that the safety of nuclear facilities is alarming following the attack near the Bushehr nuclear power plant. He said the attack "is another stark reminder that a single strike could trigger a nuclear accident with devastating health consequences for generations. The risks and threats increase every day as the conflict escalates." Previously, the International Atomic Energy Agency reported that a projectile struck near the power plant, killing one worker from falling debris. The Bushehr nuclear power plant is Irans only operating nuclear power plant, located in the city of Bushehr, which has a population of approximately 250,000 and is one of Irans important industrial and military hubs.April 5 (Reuters) – Four OPEC+ sources said the organization may approve an increase in oil production on Sunday, but this increase will largely remain on paper as major members are unable to actually raise output due to the war between the US, Israel, and Iran. Since late February, the war has effectively closed the Strait of Hormuz and cut exports from Saudi Arabia, the UAE, Kuwait, and Iraq. Other members, such as Russia, are unable to increase production due to Western sanctions and infrastructure damage during the conflict with Ukraine. Missile and drone attacks within the Gulf region have also caused significant infrastructure damage. Several Gulf officials said that even if the war ends and the Strait of Hormuz reopens immediately, it will take months to restore normal operations and reach production targets. OPEC+ sources said the increase would have limited short-term impact on supply but would signal that production could be increased once the Strait of Hormuz is reopened. Consulting firm Energy Aspects said the increase is “only academically significant” given the continued disruption to the strait.On April 5th, Al Jazeera reported that Iranian Parliament Speaker Ghalibaf posted a picture on social media, claiming it showed the wreckage of a US aircraft shot down by Iranian forces. This followed reports from several Iranian media outlets that a US C-130 transport plane involved in the search for a missing US pilot had been destroyed by a police assault team.On April 5th, Hong Kong Financial Secretary Paul Chan Mo-po stated in his blog that the average daily turnover of Hong Kong stocks in March exceeded HK$300 billion, an increase of over 8% compared to the same period last year. This reflects Hong Kongs status as a reliable safe haven for capital, coupled with the stable economic growth of mainland China and the large number of high-quality companies listing in Hong Kong, providing investors with abundant investment opportunities. Chan noted that as of March 27th, Hong Kongs IPO fundraising this year has exceeded HK$103 billion, ranking first globally. Including subsequent financing, the total fundraising scale is approximately HK$237 billion. More importantly, an increasing number of companies listing in Hong Kong are emerging industries, with over 500 applications currently in the queue. It can be said that more and more companies view Hong Kong as an important window for financing and overseas expansion.April 5th - According to the Israeli Ministry of Health, the total number of Israelis hospitalized due to the conflict since the outbreak of the US-Israel-Iraq conflict has risen to 6,833, with 138 still receiving treatment in hospitals.

Actis, a British private equity firm, will buy 10% of Omega Energia in Brazil

Aria Thomas

Jun 28, 2022 11:29


Monday, Omega Energia announced that Actis LLP will acquire 10 percent of its capital stock for about 770 million Brazilian reals ($147 million).


According to a regulatory filing, Tarpon Investimentos, which has a controlling stake in Omega, offered call options to Actis to purchase shares at a price of 13.50 Brazilian reals per share.


Once Actis takes a 10% stake in the company, a new shareholders agreement will go into effect, including the British firm into Omega's controlling group.


Actis and Omega have also entered into an investment agreement that might require Actis to spend around 850 million Brazilian reals in Omega. Actis would acquire up to 16 reais per share of new Omega stock via a capital raise.


Omega said the capital increase might take place between October 1, 2022 and March 31, 2023.


Omega disclosed in the same filing that it had signed a letter of intent for a potential $500 million investment with an unidentified U.S. partner.


This financing would be utilized towards the development or acquisition of renewable energy projects in the United States.