SWFI First Read, August 16, 2016
CPPIB-Backed Crestone Peak Resources Names Buchanon As CEO
Crestone Peak Resources, an oil and natural gas exploration and production company that is 95% owned by Canada Pension Plan Investment Board (CPPIB), named Tony Buchanon as chief executive officer. Buchanon was also named to Crestone Peak’s board of directors. He recently worked as Executive Vice President, Chief Operating Officer at Bonanza Creek Energy, and previously as Production Operations Manager for Noble Energy, Inc.
Shenzhen-Hong Kong Stock Connect Gets Green Light
China’s State Council approved the launch of the Shenzhen-Hong Kong Stock Connect. The program was expected to go live more than 1 year ago. In November 2014, the Shanghai-Hong Kong Connect Scheme was launched.
Keppel DC REIT Buys Data Center in Milan
Keppel DC REIT acquired a data center in Milan, Italy for S$ 57.3 million in a bid to expand operations in continental Europe. This is the real estate investment trust’s first investment in Italy. The sellers were Riaz Valani, Sebastiano Rizzo and Faizul Lalji. The data center is made up of three interconnected 4-storey buildings with a total leasable area of around 15,365 square meters. Keppel DC REIT is sponsored by Keppel Telecommunications & Transportation Limited.
Vitol Wins Deal for KMG Kashagan Share
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