Novera is currently the target of a hostile takeover bid from Infinis, a landfill gas operator backed by UK private-equity firm Terra Firma that wants to get into the wind-energy business.
Infinis, which already owns 42.6% of Novera, launched its bid on 7 October by offering £0.63 ($1.03) for each outstanding share. Novera shares rocketed as a result of the offer, and are currently trading at £0.67.
On
