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Spanish financial crisis may bring down the bidding price for Endesa

Italian Enel, the holder of 92% shares in the Spanish gas distribution grid Endesa, declared that 4 major infrastructure funds are interested in the acquisition of the Spanish company.

read more... 05/07/2010

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Siemens will connect the Lincs offshore wind park to the grid

Worldowide industrial solutions provider Siemens won the contract to connect to the grid the Lincs wind park in United Kingdom, the contract sum being of GBP 101 million.

read more... 30/06/2010

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Gas demand in Spain increased by 0.3% in May

Spanish gas demand increased by 0.3% in May after a decrease in April, according to gas grid operator Enagas on Wednesday.

read more... 17/06/2010

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South Stream gas transaction between Russia and Greece

On June 7, Greece's natural gas grid operator DESFA and Russia's Gazprom will sign an agreement in Moscow in order to construct the Greek section of the natural gas pipeline project, South Stream, led by Russia, estimated at 1 billion euros, according to an official’s statement on Monday.

read more... 25/05/2010

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Great Britain's National Grid intend to increase its rights issue

The National Grid of Great Britain is going to increase its rights issue by 3.2 billion pounds ($ 4.6 billion) in order to sustain its credit rating and fund increased investment, registering already, a 12% increase in its profit.

read more... 20/05/2010

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