Latest news
The EIB has granted Spain a €475m loan for power grid upgrade
The European Investment Bank (EIB) has granted to Spain’s Gas Natural Fenosa a 475 million euro loan for upgrading its power grid. The loan have the objective to support utility firm Gas Natural Fenosa’s four-year programme of investment in upgrading and expanding the overhead distribution network, laying underground cables and building substations.
read more... 16/07/2013
AcegasAps, Italgas to create a gas distribution JV in northern Italy
The Italian gas distributors AcegasAps and Italgas (Snam group) inked a framework agreement today for the establishment of a joint venture to manage the gas distribution activities in the territories of Padua, Pordenone, Trieste and Gorizia, in northeastern Italy.
read more... 14/12/2012
Gas prices to raise due to higher distribution costs
Gas networks companies announced that have increased their prospects of rising energy prices beyond 2020 following a forecast that distribution prices will increase by up to 27% by the beginning of the next decade.
read more... 10/04/2012
E.ON to sell UK power grid business for £4bn to an U.S. firm
The German energy utility company, E.ON, declared on Wednesday that it has agreed to sell its UK power distribution business, Central Networks, to the US firm, PPL Corporation for £4 billion.
read more... 04/03/2011
Europe's energy chief defined the most important projects by 2012.
Europe's energy chief announced the list of gas and power distribution projects by 2012 that will benefit from public funds and fast-tracked building permits.
read more... 19/11/2010