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Hungary will purchase stakes in local electricity units from RWE

Hungary's government has signed a letter of intent to purchase power units and an additional stake in Matrai Eromu, the country's second major electricity plant, from Germany's RWE , as stated by the government on Thursday.

read more... 29/05/2015

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Poland: Tauron could bid to acquire PKP Energetyka with insurer PZU

Tauron, Poland's second-biggest energy conglomerate, is thinking about presenting a final offer to purchase smaller competitor PKP Energetyka with Polish insurer PZU as an associate, as mentioned on Thursday in Rzeczpospolita daily quoting Tauron's CEO.

read more... 28/05/2015

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French lawmakers reinstate nuclear reduction goal, decisive vote in July

The lower house of parliament in France ratified a version of the nation's energy transition law on Tuesday that reinstates main nuclear reduction targets diluted in March by the upper house Senate controlled by the Opposition.

read more... 27/05/2015

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Engie might take a stake in Areva

French gas and electricity firm Engie might take a stake in nuclear company Areva to form a large international group dealing with nuclear maintenance and services, as stated by its chief executive on Saturday.

read more... 26/05/2015

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EnBW offers 550 million euros in cash for Prokon

Germany's third-largest utility EnBW is bidding 550 million euros ($609 million) for insolvent wind park operator Prokon, expecting its all-cash offer will undermine a competing restructuring proposal that gives Prokon a higher assessment.

read more... 25/05/2015

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