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EIB will offer a funding for Polish power utility Energa's network

Polish state-controlled utility Energa declared on Wednesday it plans to issue hybrid bonds estimated at 250 million euros ($263 million) to the European Investment Bank (EIB) to finance investment in its electricity distribution network.

read more... 24/11/2016

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Energy provider SSE will vend 16.7% stake in gas distribution business

SSE Plc, Britain's second largest energy provider, declared it had settled to sell a 16.7 percent stake in regional gas distribution business Scotia Gas Networks Ltd (SGN) to Abu Dhabi Investment Authority for 621 million pounds ($772.21 million).

read more... 17/10/2016

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Azerbaijan: SOCAR opens new gas distribution network in Georgia

President of Azerbaijan’s SOCAR Rovnag Abdullayev took part with the Energy Minister of Georgia Kakha Kaladze in the launching of a gas distribution network in Girikhli village of Marneuli area in Georgia, as stated by SOCAR on September 5, 2016.

read more... 07/09/2016

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RWE renewables and power distribution unit to be rebranded ‘Innogy ‘

RWE has unveiled that it has “rebranded “its renewables and power distribution subsidiary Innogy following a spin-off from its conventional power unit, announced in December.

read more... 01/07/2016

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Snam to spin-off its domestic-gas-distribution arm Italgas

Italy-based Snam S.p.A, a natural-gas distribution company, will spin off its domestic-gas-distribution arm, Italgas.

read more... 30/06/2016

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