Energy World International and Slipform Engineering Group completed the acquisition of a 12% stake in Energy World Corp.

Energy World International, a Hong Kong–based holding company, and Slipform Engineering Group, a UK-based specialist in design and build services for innovative slipform construction projects, completed the acquisition of a 12% stake in Energy World Corp, an independent energy company primarily engaged in the production and sale of power and the development of liquefied natural gas projects. Financial terms were not disclosed. The transaction results in Energy World International and Slipform Engineering Group securing a majority stake in Energy World Corporation.