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German E.ON to sell Italian hydroelectric plants to ERG

German utility giant E.ON on Thursday decided to divest its hydroelectric plants in Italy to ERG Group for around 1 billion euros ($ 1.09 billion).

read more... 07/08/2015

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Engie will make an investment of 700 million euros in Belgian reactors, profit halves

Engie's profit for the first half of 2015 decreased because of lower gas prices and the unavailability of three of its seven Belgian nuclear plants, but the French utility preserved its earnings guidance and declared it would invest 700 million euros in the life extension of two Belgian reactors.

read more... 30/07/2015

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SSE decides to acquire 20% stake in Total’s Shetland project

SSE has decided to buy a 20 percent stake in Total's Laggan-Tormore gas field and plant for 565 million pounds ($881 million), plus an estimated investment of 350 million pounds to 2018, as stated by the British utility on Wednesday.

read more... 29/07/2015

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Three Chinese companies bid to construct 350 MW Bosnia coal power plant

Three Chinese firms have bid to finance and construct a 350 megawatt (MW) coal-fired power plant in central Bosnia, as stated on Friday by Munever Cergic, the general manager of Banovici coal mine, the future plant operator.

read more... 27/07/2015

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Britain gave the green light for the construction of two new gas-fired power plants

Britain approved on Thursday the building of two new 299 MW gas-fired power plants.

read more... 24/07/2015

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