Latest news
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
The coal market in Europe
The coal prices decreased on Tuesday by 2 dollars as consequence of the sales made by several banks on Monday. According to traders and utilities, it was a necessity to reduce prices from the level of 100 dollars per ton for the punctual South African cargoes, because of the rapid increase.
read more... 29/04/2010
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
Enel in negociations with Bulgarian minister – power plant sale
The largest plant in Italy, Enel, is in negotiations with a European investor, on the sale of its stake held in a thermal power plant in Bulgaria, a share that reaches 73% in plant based on coal processing, with a capacity of 908 MW. Remaining shares are owned by the Bulgarian government.
read more... 21/04/2010