Latest news
RWE vends 85% stake in three wind parks to Northland Power
German utility RWE declared on Thursday it had decided to vend a stake of 85% in three offshore wind parks to Canadian electricity producer Northland Power, stressing increasing investor demand for European wind assets.
read more... 05/09/2014
Total: assets acquired by South Africa’s Exxaro for $472 million
Mining conglomerate Exxaro Resources declared on Monday it had purchased the South African coal assets of France's Total for $472 million, increasing its production and offering it extra capacity at the world's major export terminal.
read more... 29/07/2014
Chinese offer for Italy grids increases concerns
China's state power grid is one of two bidders for a significant stake in Italy's energy grids, but such a connection might cause problems since the Chinese and Italians both intend to purchase assets around Europe, according to sources familiar with the matter.
read more... 08/07/2014
France: Total’s LPG distribution business to be purchased by UGI
U.S. utility UGI is to acquire Total's liquefied petroleum gas (LPG) distribution business in France for approximately 400-450 million euros ($545-$613 million), denoting another step in the efforts of the French oil huge conglomerate to get rid of assets in older markets to enhance profits.
read more... 03/07/2014
EDF on the point to vend Edison wind assets to F2i
France's EDF intends to sell a 70 percent stake in Italian unit Edison's wind farms to local infrastructure fund F2i at the end of June, as stated by two sources on Wednesday.
read more... 05/06/2014