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Iberdrola's net profit is expected to be lower than last year

Spain's biggest power utility, Iberdrola , is getting ready to register its firsts huge earnings during the actual season on Wednesday, thanks to its strength development in its renewable business and important positions in Latin America energy market.

read more... 20/10/2010

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OGK-3, Norilsk Nickel power unit, will end this year in the red

Russian power generator OGK-3 will end this year unexpectedly poor, after registering important losses on foreign exchange, however it intends to increase its investment plan by19% until 2015, according to CEO.

read more... 18/10/2010

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CEZ’s nuclear expansion delayed by a weak electricity demand

Czech power utility CEZ has made some modifications in its cash-flow management policy in order to avoid the increase of indebtedness as fast as in the past.

read more... 14/10/2010

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Poland is interested on buying Enea’s Kozienice power plant

France’s GDF, EDF and Poland's Kulczyk Holding are the companies which agreed with the Poland government over buying 51 % shares of Enea utility, a deal which could cost over $1.8 billion.

read more... 13/10/2010

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South Africa seeks coal plant alternative.

South Africa wants to reduce the importance of coal in the country, which accounts for almost all of its electricity supply, to 48 percent.

read more... 11/10/2010

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