Latest news
EDF EN gets into German market through Futuren wind park takeover
EDF EN is planning a 320 million euro ($350 million) purchase of Futuren, a French wind developer, from a group of investment funds in order to repower old wind parks and get into the German market, as stated on Tuesday by Antoine Cahuzac, the chief of EDF Energies Nouvelles (EN).
read more... 26/04/2017
Germany authorised low cost offshore wind farms beyond 2020
Germany authorized 1,490 megawatts (MW) of offshore wind capacity on the German North Sea at lower than expected costs, proving that the renewable energy source can operate with lower support payment than it presently gets.
read more... 18/04/2017
Engie divests UK shale gas assets to Ineos
French energy giant Engie has divested its British shale gas interests to private petrochemicals group Ineos for an undisclosed sum, as the future of fracking in the country remains up in the air.
read more... 10/03/2017
Daily (10.03.2017): Crude oil plummets to the lowest level since OPEC deal
Crude oil prices dipped about 2% on Thursday in heavy trade, prolonging the previous session’s decline as record U.S. crude inventories intensified concerns about the effectiveness of the OPEC deal to curb a global oversupply.
read more... 10/03/2017
EFG Hermes hopes to sign 470 mln pounds agreement to acquire UK solar assets by June
EFG Hermes hopes to ink an agreement for its renewable energy platform Vortex to acquire a portfolio of solar power assets in Britain for 470 million pounds ($576.8 million) from Sun Edison's Terraforma to close in May or June, as stated by a senior executive on Monday.
read more... 07/03/2017