Spanish utility Iberdrola SA will purchase UIL Holdings Corp for approximately $3 billion to form a new listed power and electric utility and develop in the United States.
read more... 26/02/2015
French and Spanish power grid operators have commissioned a long-awaited underground high-voltage cable across the Pyrenees that will enhance the supply security of both countries and will allow Spain to exports its excess of renewable electricity, easing one of the worst network bottlenecks in Europe.
read more... 16/02/2015
Spain's Repsol has decided to purchase Talisman Energy, Canada's fifth-biggest independent oil producer, for $8.3 billion since the decline in oil prices urges firms to take the plunge on huge M&A transactions.
read more... 17/12/2014
Scottish Power, possessed by Spain's Iberdrola, and Egdon Resources have agreed to continue with a joint project to discover and increase shale gas in Britain, after seismic information showed the potential for reserves.
read more... 08/12/2014
Israel's offshore Tamar gas field could obtain an improvement of $1.5-$2 billion, counting the construction of an undersea pipeline to an export plant in Egypt operated by Spain's Union Fenosa Gas (UFG).
read more... 21/11/2014