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EIB will offer a funding for Polish power utility Energa's network

Polish state-controlled utility Energa declared on Wednesday it plans to issue hybrid bonds estimated at 250 million euros ($263 million) to the European Investment Bank (EIB) to finance investment in its electricity distribution network.

read more... 24/11/2016


Greece: PPC says China's State Grid top bidder for grid stake

Greece's power utility Public Power Corp. (PPC) declared on Wednesday that China's State Grid was the top bidder for a 24 percent stake in the nation's electricity grid operator ADMIE, offering 320 million euros ($349 million).

read more... 27/10/2016


Saudi Electricity offers France's Engie $1.2 billion electricity station agreement

Saudi Electricity Co declared on Wednesday that in collaboration with national oil giant Saudi Aramco, it had offered a contract to French utility firm Engie to construct a 1,504 megawatt power plant.

read more... 06/10/2016


DONG Energy will construct $13-26 million hub for UK offshore wind

Denmark's DONG Energy declared on Thursday it would construct a multi-million pound maintenance hub in Grimsby, northeast England, to offer services for its offshore wind operations.

read more... 23/09/2016


EU opens investigation into tax agreements between Luxembourg and Engie

European Union antitrust regulators opened an investigation on Monday into tax agreements offered by Luxembourg to French power utility Engie, stepping up the EU's campaign against tax evasion by multinationals.

read more... 21/09/2016