Energy Update

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ABUJA, Dec 1 (Reuters) - Nigeria's national assembly on Tuesday approved a supplementary budget for 2015 of 574.53 billion naira ($2.89 billion), mainly to cover fuel subsidies and ensure gasoline supplies across the vast country into the new year.

CESTAS, France, Dec 1 (Reuters) - French energy group Neoen on Tuesday inaugurated a 300 megawatt (MW) solar farm, Europe's biggest, which will produce power at a price below that of new nuclear plants.

* TerraForm Power shares jump as much as 33 pct (Adds details, background, analyst comments)

BOSTON, Dec 1 (Reuters) - Fidelity Investments recently boosted the estimated value of video streaming device maker Roku Inc and storage startup Nutanix Inc by more than 20 percent, underscoring how some pre-IPO companies continue to shine in a sector that has hit a rough patch.

* Utility being advised by Goldman Sachs (Recasts, adds fund manager, details)

Dec 1 (Reuters) - Private equity firm ArcLight Capital, together with commodities trader Freepoint, unveiled plans on Tuesday to buy the Hovensa refinery complex in St.

* Oil minister says to hit output target of 1 mln bpd by end-2016

BRUSSELS, Dec 1 (Reuters) - Russia has not yet taken a decision on financing for the Turkish Stream gas and a nuclear power plant due to be built in Turkey and is working on the basis that they will go ahead, Russian Economy Minister Alexei Ulyukaev said on Tuesday.

Connecting new housing estates to their own private electricity grids fuelled by renewable energy is the cornerstone of ZEN Energy’s plan to put power back in the hands of consumers.

BOSTON, Dec 1 (Reuters) - Several of the world's biggest climate-focused mutual funds have stakes in traditional oil and gas companies mixed in with their solar, wind and clean tech holdings, a potential shock to green investors seeking to avoid fossil fuels altogether.

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