Swiss energy firm Alpiq declared on Tuesday it had bought British electrical service company Flexitricity, since it want to tap into electricity demand management market.
read more... 08/04/2014
E.ON, Germany's major utility, has employed CITI to counsel it on the vending of its assets in Spain, in an offer to back off weak energy markets in southern Europe, according to three people familiar with the issue.
read more... 07/04/2014
Finnish retailer Kesko declared on Thursday it would give up the Fennovoima nuclear conglomerate, increasing worries over a project that is likely to engender confrontations in parliament between members of the ruling coalition, because of the ambiguity in the financial, contractual and timetable requirements.
read more... 28/03/2014
Several deals were signed by China and France in the energy sector on Wednesday during the high-status visit of the President Xi Jinping who has plans to develop closer business relations between the countries.
read more... 27/03/2014
The British utility SSE, which is part of “big six”, decided to separate its wholesale and retail divisions in an effort to simplify its business and to freeze household gas and electricity prices until January 2016 amid intense political pressure over increasing household bills at a time when real-term wages are shrinking and public outcry over energy company profits.
read more... 26/03/2014