Estonian electricity grid operator Elering AS will purchase a controlling stake of 27.5 million euros ($34.3 million) in the country's gas transmission system operator from Finnish utility Fortum, as stated by the companies on Monday.
read more... 11/11/2014
The European Union's bank will offer a loan of 1.5 billion pounds ($2.4 billion) to Britain's National Grid, its major ever single loan, as stated by the bank on Friday.
read more... 10/11/2014
Finland on Friday signed an accord that permits power exports to Russia from the beginning of December, as stated by its grid firm Fingrid, making two way flows on the connection that had been employed for imports.
read more... 10/11/2014
The French government approved on Wednesday the General Electric's intended 12.4 billion euro ($15.6 billion) acquirement of the majority of Alstom's electricity business.
read more... 05/11/2014
The price EDF charges competitors for its nuclear power will stay fixed until at least July 2015 when a new tariff system will be revealed, as stated by French Energy Minister Segolene Royal on Tuesday.
read more... 05/11/2014