Latest news
Egypt receives $4bn financing from international banks to develop 14 GW of CHP plants
Egypt's state-owned Egyptian Electricity Holding Company (EEHC) has received €3.5bn ($4bn) in financing from Deutsche Bank, HSBC and KfW's Ipex Bank to support the development of three gas power plants, which have a combined capacity of 14.4GW in Egypt.
read more... 14/04/2016
Turkey: Sabanci will sell stake in Enerjisa activities before IPO
Turkey's Sabanci Holding intends to vend a minority stake in the electricity distribution and energy retail businesses of its Enerjisa unit to reduce debt before Enerjisa's initial public offering, as stated by a senior executive on Tuesday.
read more... 06/04/2016
Siemens approaches Emerson to acquire network electricity unit
Siemens AG has approached Emerson Electric Co to explore purchasing the network electricity business that the U.S. factory automation equipment manufacturer is looking to shed for as much as $4 billion, as stated by people familiar with the matter.
read more... 05/04/2016
Romania's largest electricity producer to exit insolvency by May
Romanian state-owned electricity producer Hidroelectrica hopes to finally exit its insolvency process by next month, and intends to vend a minority stake in an initial public offering by November, as stated by its manager on Sunday.
read more... 04/04/2016
Fortum and Veolia will enter the bidding for EDF's Polish assets
Fortum and Veolia will join the bidding for French utility EDF's Polish heating assets, as stated in the newspaper Puls Biznesu on Friday.
read more... 04/04/2016