Latest news
GE will defend Alstom electricity unit to purchase at EU hearing
General Electric will try to convince hesitant EU antitrust regulators of the merits of its 12.4 billion euro (US$13.9 billion) offer for Alstom's electricity unit at a hearing, as stated by the U.S. consortium on Saturday.
read more... 29/06/2015
Vattenfall to divest its last fossil fuel asset in Denmark
Swedish energy company Vattenfall agreed to divest its last fossil fuel asset in Denmark, the 410-MW Nordjylland combined heat power plant, to district heating company Aalborg Forsyning for DKK823m ($123.4m).
read more... 26/06/2015
Serbia to restructure its state-owned utility Elektroprivreda Srbije
Serbia is eyeing a 200 million-euro ($227 million) loan from the European Bank for Reconstruction and Development (EBRD) to help restructuring its power utility Elektroprivreda Srbije (EPS).
read more... 23/06/2015
Veolia obtained a contract to run Guinea’s state electricity company
France's Veolia has obtained a contract to run Guinea's struggling state-owned electricity company, in an agreement likely to unlock more than $1 billion in investment, as shown in a government document.
read more... 22/06/2015
E.ON confirms shut down of UK’s Killinholme electricity station
E.ON on Thursday confirmed it would shut down the 900 megawatt Killingholme gas-fired power plant in Britain after different last-minute efforts to maintain it in operation fell short.
read more... 19/06/2015