Following the acquisition, Macrotech’s stakes in the entities — Bellissimo Digital Infrastructure Development Management, Palava Induslogic 4, and Bellissimo In City FC Mumbai 1 — will increase to 70%, 66.67%, and 66.67%, respectively.

Kenya Electricity Generating Co., the East African nation’s biggest power producer, plans joint ventures to complete its geothermal projects in Olkaria, Chief Executive Officer Albert Mugo said.

Do you own a profitable online business? Are you wondering what's next? Consider then, the many benefits a business joint venture can provide you.

The U.S Jones Act affects the construction of U.S. offshore wind farms by limiting certain activities in U.S. waters to U.S.-registered vessels owned and operated by qualified U.S. citizens. Much of the expertise in the construction of offshore wind farms is European based. The logical mechanism for marrying European expertise with U.S. firms qualified to operate where the U.S. Jones Act applies are joint ventures. Such joint ventures must take into account the stringent U.S. citizenship requirements applicable to the ownership and operation of Jones Act vessels.