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Verbund aims to reduce its debt

Verbund, the major Austrian power utility, intends to issue shares for the total sum of 1 billion euros, in order to reduce its debt.

read more... 01/07/2010

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GDF Suez to buy Spanish water and sanitation utility

Suez Environnement, a subsidiary company of GDF Suez, intends to buy 68% shares in Spanish water and sanitation utility company Aigues de Sabadell.

read more... 30/06/2010

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Gazprom and EDF will sign South Stream deal next week

Gazprom, the Russian gas firm, will sign next week an agreement with EDF, the main purpose being the French utility taking a 10% stake in the multi-billion South Stream gas pipeline project, according to the CEO of Gazprom on Thursday.

read more... 14/06/2010

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ENBW will invest over $3 billion euro in Turkish energy sector

German power utility ENBW, the third main energy supplier, is ready to invest together with its Turkish partner, Borusan Group, 3-3.5 billion euros in Turkish energy sector.

read more... 07/06/2010

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Tauron, the second major power utility in Poland, in sale process

Polish government offers 52% stake in Tauron Polska Energy SA, at the price of 0.70 zloty per share.

read more... 02/06/2010

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