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Norway’s 2015 budget to appease tax regulations for wind power

The Norwegian government will suggest more constructive depreciation rules to increase domestic wind power output, as it declared in its draft budget 2015 published on Wednesday.

read more... 09/10/2014

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Abu Dhabi’s ADWEA and GDF Suez inked a deal for $1.5 billion Mirfa IWPP funding package

Abu Dhabi Water & Electricity Authority (ADWEA) and GDF Suez on Tuesday declared they inked an agreement concerning a $1.5 billion financing package for the emirate's Mirfa independent water and power project (IWPP).

read more... 08/10/2014

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Fortum will start sale of Swedish grid this month

Finland's Fortum this month will initiate the auction of its Swedish power grid, estimated at approximately 6 billion euros ($7.5 billion), according to three sources familiar with the matter.

read more... 07/10/2014

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Verbund leaves French market by vending electricity plants to KKR

U.S. private equity company KKR has decided to purchase two French power plants from Austria's Verbund for approximately 150 million euros ($188 million).

read more... 07/10/2014

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Britain raises green subsidy budget to 300 million pounds

Britain has raised its budget to financially support power projects that employ renewable sources by 95 million pounds to 300 million pounds ($486 million), as stated by the Department of Energy and Climate Change (DECC) on Thursday.

read more... 03/10/2014

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