Sources inform ''Globes'' that Brightsource Energy Inc. and France's Alstom SA (LSE: ALS; Euronext: ALO) are considering making a joint bid of more than $1 billion tender for the Ashelim solar energy plant.
On Friday, Brightsource reported the talks to tenders committee chairman deputy accountant general Gil Shabtai. Alstom will replace Veolia Environnement SA (NYSE: VE; Euronext: VIE) subsidiary Dalkia SA as Brightsource's partner.
Last month, "Globes" reported that Dalkia was about to quit the Ashelim tender, considered Israel's flagship renewable energy project. Alstom's talks to join a consortium for the project with Minrav Holdings Ltd. (TASE: MNRV), Electra Ltd. (TASE: ELTR), and Germany's Solar Millennium AG (XETRA: S2M), deadlocked last week.
Alstom invested up to $55 million in Brightsource's $150 million financing round in May, which doubled the company’s shareholders' equity.
Published by Globes [online], Israel business news - www.globes-online.com - on July 4, 2010
© Copyright of Globes Publisher Itonut (1983) Ltd. 2010