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PPL is buying an E.ON unit

The world’s most important company by sales, Germany's E.ON, has signed a contract, concerning the selling of its Kentucky’s based unit, to U.S. PPL, for $ 6.7 billion (5 billion Euros) in cash. This deal makes PPL shares decrease by 8%, but it will increase its business mix of regulated and unregulated operations.

read more... 29/04/2010

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Investment of Petrom in Romanian wind power project

Petrom, the Romanian oil and gas group, intends to purchase a wind power project, looking for new opportunities for assessment of potential energy sources, insulating against the inefficiency of the existing refineries this way.

read more... 16/04/2010

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Largest biomass plant to be built in Poland

As GDF Suez stated, a big development project is envisaged for the polish energy market. The world’s largest biomass plant, named Green Unit, will be installed, having a capacity of 190 MW.

read more... 13/04/2010

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