Latest news
Serbia, IMF settle on 15% electricity price increase in 2015
Serbia established with the International Monetary Fund that it would increase power prices this year by 15 percent, as stated on Wednesday by Daehaeng Kim, the IMF country representative.
read more... 05/03/2015
RWE to maintain dividend steady in 2014
RWE will pay a steady dividend of 1 euro ($1.12) per share for 2014, reducing worries that the utility may diminish its pay-out as a result of the sector's crisis, as stated by a source familiar with the matter on Tuesday.
read more... 04/03/2015
Areva to reduce wage bill by 15% since forecasts worsen
French nuclear conglomerate Areva intends to reduce 15 percent of its wage bill to save 300 million euros ($337 million) a year within three years among fading sales predictions for its reactors.
read more... 02/03/2015
Spain: Iberdrola will purchase UIL Holdings for approximately $3 billion
Spanish utility Iberdrola SA will purchase UIL Holdings Corp for approximately $3 billion to form a new listed power and electric utility and develop in the United States.
read more... 26/02/2015
EC: GE – Alstom deal may cripple the major competitors in heavy-duty gas turbines business
EU antitrust regulators launched on Monday a full-scale investigation into General Electric’s €12.4bn (£9.1bn) bid for Alstom’s power equipment business.
read more... 24/02/2015