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EDF, Edison, Gas Natural and Centrica interested in acquiring a large share in Eni's retail gas and power business
European giant utilities French EDF’s, Italian unit Edison, Spain's Gas Natural and Britain's Centrica are interested in acquiring a share in Italian oil major Eni's retail gas and power business, a deal that could cost up to $3.4 billion.
read more... 29/04/2016
Vattenfall demands Sweden to abolish nuclear tax to save reactors
State-owned Swedish utility Vattenfall called on Wednesday to end tax on nuclear power in Sweden to avoid early closure of its loss-making nuclear reactors and probable increase in electricity prices.
read more... 28/04/2016
Bulgaria: BEH agrees 535 million euros loan funding
Bulgarian state energy company BEH has inked a 535 million euro ($602 million) bridge loan with three international banks which should be refunded by a global bond issue within a year, as stated by a senior BEH official on Monday.
read more... 26/04/2016
Macron declares EDF will decide in September on UK nuclear plants
French state-controlled utility EDF will postpone the final investment decision on its project to construct two nuclear plants in Britain until September, as stated by French Economy Minister Emmanuel Macron in a newspaper interview.
read more... 25/04/2016
Centrica expands in European energy trading with Neas purchase
Britain's Centrica made known about the 170 million-pound ($243 million) purchase of Danish energy management firm Neas Energy on Thursday, a move that builds on its new strategy shift to grow in European energy trading.
read more... 22/04/2016