Hercules Offshore, Inc. Signs Purchase Agreement to Acquire Assets of Seahawk Drilling

Hercules Offshore, Inc. announced today that it has entered into an Asset Purchase Agreement with Seahawk Drilling, Inc. (Nasdaq:HAWK – News) and its affiliates (collectively “Seahawk”) to purchase 20 jackup rigs and related assets from Seahawk for approximately 22.3 million shares of Hercules Offshore common stock and cash consideration... 

Yingli Green Energy Enters Into Credit Agreement for a Three-Year Loan Facility With ADM Capital

Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, today announced that one of its wholly-owned subsidiaries has entered into a credit agreement for a three-year loan facility with a fund managed by Asia Debt Management Hong Kong Limited (“ADM... 

VeraSun Energy Corporation Receives Commitments for Up to $215 Million in Debtor-In-Possession Financing

VeraSun Energy Corporation, one of the nation’s largest ethanol producers, announced today that it had received commitments for up to $215 million in debtor in possession (DIP) financing from certain holders of VeraSun’s 9 7/8% senior secured notes due 2012 and groups of lenders led by AgStar Financial Services. At today’s “first... 

Tricap Announces Early Warning Update for Birch Mountain Resources

Brookfield Asset Management Inc. Pursuant to the early warning requirements of applicable Canadian securities laws, Tricap Partners Ltd. (“Tricap”) wishes to update its previous early warning report dated December 24, 2007 filed in respect of Birch Mountain Resources Ltd. (the “Corporation”). On December 21, 2007, Tricap announced...