Transformer fire shuts down highway
The blast and resulting fire created a cloud of smoke that shut down the northbound lanes of Interstate 15.
Metro Police told the Las Vegas Sun there were no injuries and Monte Carlo guests had to be evacuated.
The cause of the explosion was not known.
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Mercury in $3 billion takeover bid for Tilt Renewables
SYDNEY - Mercury Energy and an Australian partner appear to have won the race to buy Tilt Renewables, an Australasian wind farm developer which was spun out of TrustPower, bidding almost $3 billion.
Yesterday Tilt Renewables announced that it had entered a scheme implementation agreement under which it was proposed that PowAR would acquire its Australian business and Mercury would acquire the New Zealand business.
Conducted through a scheme of arrangement, Tilt shareholders will be offered $7.80 a share, valuing Tilt at $2.96b.
Yesterday morning shares in Tilt opened about 18 per cent up at $7.65.
In early December Infratil, which owns around two…
