Latest news
Nordic power prices up
Nordic electricity forward prices increased, being caused by high power and coal prices in Germany, as well as stable prices for carbon emissions.
read more... 26/04/2010
UK Coal sells assets
The largest coal miner in Great Britain, UK Coal, plans to sell most of its real estate assets, pursuing the goal of reducing its debt level, which is still growing, as a result of problems in production in its underground mines.
read more... 26/04/2010
Lindsey refinery acquisition
Oil Refinery Petroplus, based in Switzerland, has submitted a proposal to buy Total’s refinery Lindsey in the UK. In order to reduce its total production capacity of oil, Total, the largest oil company in France, intends sell its 223 000 barrels per day Lindsey refinery. This event was rather unexpected news.
read more... 23/04/2010
REpower to deliver wind turbines of latest generation in Turkey
Geycek wind farm in Kirsehir province East of Ankara, the largest wind farm of REpower in Europe, will get from REpower 44 wind turbines of 3.XM series, with an evaluated power of 3.37 MW each and a hub height of 80 meters, following the deal between REpower Systems AG (WKN 617703) and Al Yel Elektrik, a subsidiary of Akuo Energy SAS.
read more... 23/04/2010
Endesa initiates sale of Spanish gas network
Endesa has started the process of selling Spain’s gas distribution and transport network. This deal is estimated at about 760 million euros (1.02 billion U.S. dollars).
read more... 22/04/2010