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PPL is buying an E.ON unit

The world’s most important company by sales, Germany's E.ON, has signed a contract, concerning the selling of its Kentucky’s based unit, to U.S. PPL, for $ 6.7 billion (5 billion Euros) in cash. This deal makes PPL shares decrease by 8%, but it will increase its business mix of regulated and unregulated operations.

read more... 29/04/2010

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Germany inaugurated its first offshore wind farm

First German offshore wind farm, Alpha Ventus, was inaugurated at a ceremony in Norddeich, situated 45 kilometers off the coast of the island of Borkum.

read more... 29/04/2010

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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

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