Latest news
Enel searches new opportunities in Egypt
Egypt's Ministry of Petroleum and Enel, Italy's biggest oil and gas utility, agreed on Tuesday on a deal regarding Enel’s oil and gas exploration in Egypt, in order to expand and to increase its resource supplies.
read more... 19/05/2010
Russia and Turkey agreed on nuclear power plant deal
On Wednesday, Russia has signed a nuclear power plant project with Turkey amounting $20 billion, in order to establish a strong partnership after two Cold War-era rivals. Russia will be responsible for this project by owning a controlling stake.
read more... 13/05/2010
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
REpower to deliver wind turbines of latest generation in Turkey
Geycek wind farm in Kirsehir province East of Ankara, the largest wind farm of REpower in Europe, will get from REpower 44 wind turbines of 3.XM series, with an evaluated power of 3.37 MW each and a hub height of 80 meters, following the deal between REpower Systems AG (WKN 617703) and Al Yel Elektrik, a subsidiary of Akuo Energy SAS.
read more... 23/04/2010
Endesa initiates sale of Spanish gas network
Endesa has started the process of selling Spain’s gas distribution and transport network. This deal is estimated at about 760 million euros (1.02 billion U.S. dollars).
read more... 22/04/2010