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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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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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Enel in negociations with Bulgarian minister – power plant sale

The largest plant in Italy, Enel, is in negotiations with a European investor, on the sale of its stake held in a thermal power plant in Bulgaria, a share that reaches 73% in plant based on coal processing, with a capacity of 908 MW. Remaining shares are owned by the Bulgarian government.

read more... 21/04/2010

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Investment of Petrom in Romanian wind power project

Petrom, the Romanian oil and gas group, intends to purchase a wind power project, looking for new opportunities for assessment of potential energy sources, insulating against the inefficiency of the existing refineries this way.

read more... 16/04/2010

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France and Italy impose carbon tariffs

French President Nicolas Sarkozy and Italian Prime Minister Silvio Berlusconi asked the European Union to impose carbon tariffs on the countries which are not part of a global agreement to reduce greenhouse gases, an idea which was not approved by other EU members.

read more... 16/04/2010

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