EWE AG, Germany's fifth-biggest utility by sales, is in negotiations to vend its stake in gas company VNG AG, a transaction that could bring 1.3 billion euros ($1.45 billion), as stated by two sources familiar with the deal.
read more... 06/03/2015
French nuclear conglomerate Areva intends to reduce 15 percent of its wage bill to save 300 million euros ($337 million) a year within three years among fading sales predictions for its reactors.
read more... 02/03/2015
German utility E.ON unveiled is cutting British household standard gas prices by 3.5 percent, being the first from the British “Big Six” to pass on consumers savings as wholesales prices are tumbling.
read more... 13/01/2015
French power utility EDF must be obliged to double the share of nuclear electricity production it vends to competitors from a quarter to up to half so as to raise competition, as stated by GDF Suez's chief executive on Thursday.
read more... 05/12/2014
Germany's Nordex raised its sales anticipations for the second time this year, encouraged by strong demand for its wind turbines in the United States and Europe.
read more... 14/11/2014