Latest news
German utility MVV Energie will make an investment of 3 billion euros in growth
Utility MVV Energie made known plans to invest 3 billion euros ($3.34 billion) over the next decade while bigger German peers reduce spending, suffering from their greater exposure to low wholesale electricity prices.
read more... 17/08/2015
BP focuses new investments on North Sea development
British oil giant BP aims to invest $1 billion (£640 million) developing key North Sea assets, at a time when other oil companies want to quit the ageing UK North Sea basin.
read more... 06/08/2015
Engie will make an investment of 700 million euros in Belgian reactors, profit halves
Engie's profit for the first half of 2015 decreased because of lower gas prices and the unavailability of three of its seven Belgian nuclear plants, but the French utility preserved its earnings guidance and declared it would invest 700 million euros in the life extension of two Belgian reactors.
read more... 30/07/2015
SSE decides to acquire 20% stake in Total’s Shetland project
SSE has decided to buy a 20 percent stake in Total's Laggan-Tormore gas field and plant for 565 million pounds ($881 million), plus an estimated investment of 350 million pounds to 2018, as stated by the British utility on Wednesday.
read more... 29/07/2015
Veolia obtained a contract to run Guinea’s state electricity company
France's Veolia has obtained a contract to run Guinea's struggling state-owned electricity company, in an agreement likely to unlock more than $1 billion in investment, as shown in a government document.
read more... 22/06/2015