Latest news
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
Engie searching associates in Nugen UK nuclear project
French gas and power conglomerate Engie is searching other associates to invest in the Nugen project to construct nuclear reactors in Britain, as stated by Engie director Philippe Pradel.
read more... 01/04/2016
European Investment Bank provides $720 million for Scottish electricity grid
The European Investment Bank on Wednesday will offer 500 million pounds ($719.70 million) to aid connect Scotland's green energy schemes such as wind, wave and tidal to the electricity grid.
read more... 31/03/2016