CLIENT ZONE  ::  CONTACT
The energy latest...

News

ALL TIMEFRAMES | TODAY | THIS WEEK | THIS MONTH | THIS YEAR
PLEASE NOTE: On occassions, some news sources may require a no cost initial (one off) registration to access the news feeds


Suzlon turns to emerging markets growth
2010-09-06 22:50:48 from FT.com - Energy Utilities Mining
The world's third-largest turbine supplier is embarking on a significant push for new business as it battles a depressed market in the developed world, where it built its reputation

National Grid's US costs 'won't occur here'
2010-09-06 21:57:25 from Utilities - Telegraph
OFGEM has promised National Grid's attempts to pass on millions of dollars in management expenses to US customers will not be repeated in the UK - as it prepares to "assess the efficiency" of the company.

National Grid suffers US power failure
2010-09-06 16:59:37 from Utilities - Telegraph
An inquiry into executives' expenses by US regulators puts pressure on the British utility over its strategy in the world's biggest economy.

German groups agree €30bn nuclear deal
2010-09-06 11:51:37 from FT.com - Energy Utilities Mining
Germany's four big power companies are to pay the Berlin government a total of €30bn to extend the phase-out of the country's nuclear power stations by up to 12 years

National Grid chairman to step down
2010-09-06 04:00:08 from FT.com - Energy Utilities Mining
Sir John Parker intends to stand down from his role at the utility group at the end of next year and the list of candidates to succeed him is expected to include some current board members

Flexitricity aims to bolster power grid
2010-09-06 03:27:37 from FT.com - Energy Utilities Mining
Scottish start-up believes that private industry, by selling spare electricity to the National Grid through the use of the company's patented technology, can make millions of pounds annually

Water chief's pay leaps by a third
2010-09-05 21:30:21 from Utilities - Telegraph
The boss of United Utilities, Britain's largest listed water company, has seen his pay rise by one third against a backdrop of cost-cutting, it has emerged.

National Grid in $26m US inquiry
2010-09-04 23:08:47 from Utilities - Telegraph
Electricity group accused of trying to charge consumers $26m in excessive costs, including expenses for school fees and transport of wine collection.

Aviva hangs on but Spice heads for Cinven
2010-09-03 03:26:27 from FT.com - Energy Utilities Mining
A top shareholder has signalled it would wait for a better takeover bid even as the UK utility services company's board said it was minded to back the private equity group's £364m approach

Spice in advanced takeover talks after Cinven sweetens offer
2010-09-02 14:36:03 from Utilities - Telegraph
Spice, the UK's largest water metering company, has entered advanced takeover talks with Cinven, after the private equity firm increased its offer to fend off rivals.

Ofgem probes energy suppliers' offers
2010-09-02 00:01:22 from FT.com - Energy Utilities Mining
The industry watchdog has launched an investigation into four big UK energy companies amid concerns over mis-selling, and says it will take 'strong action' if it finds a failure to comply with new obligations

Spice has second potential buyer
2010-09-01 23:28:06 from FT.com - Energy Utilities Mining
Prospect of a bidding war for the utility services group is seen to intensify

Rosatom launches global charm offensive
2010-09-01 19:33:50 from FT.com - Energy Utilities Mining
Amid surge in demand for nuclear energy Russia's state-owned atomic power group outlines plans to become a leading international player

Former chief sues Abu Dhabi energy company
2010-09-01 00:08:26 from FT.com - Energy Utilities Mining
The former chief executive of a state-controlled energy company in Abu Dhabi, is suing his former employer, alleging that he was sacked after trying to put a stop to "kickbacks, bribery, accounting fraud and corruption" at the company

Exelon to buy Deere's wind power unit
2010-09-01 00:07:52 from FT.com - Energy Utilities Mining
Exelon, the US's biggest nuclear generator, said it was buying John Deere Renewables to gain a foothold in the wind power industry for as much as $900m

US wind power
2010-08-31 20:19:18 from FT.com - Energy Utilities Mining
Utilities snap up wind projects as sector growth stalls

'Green boiler' scheme could be scrapped over reliability fears
2010-08-30 19:13:41 from Utilities - Telegraph
The £27bn tax on heavy industry to fund "green boilers" for 1m British homes is expected to be radically overhauled, amid claims that the devices are expensive and unreliable at keeping houses warm.

Offers made for stakes in India's InterGen
2010-08-30 18:22:55 from FT.com - Energy Utilities Mining
India's GMR Infrastructure has received "unsolicited" expressions of interest to buy stakes in its US-based power group InterGen

Cameron's dilemma over trade job that nobody wants
2010-08-27 23:04:51 from FT.com - Energy Utilities Mining
The departure of Lord Davies has left a hole which gleeful Labour MPs are exploiting with a shrillness that would suggest that British industry had suddenly ground to a halt

Ofwat faces radical shake-up in red tape, value-for-money review
2010-08-26 20:20:39 from Utilities - Telegraph
The Government said it would be reviewing how to cut red tape and ensure the water regulaor is 'fit for purpose'.

Nigeria to privatise power generation
2010-08-26 16:11:32 from FT.com - Energy Utilities Mining
Nigerian president Goodluck Jonathan invited foreign investors to join what could be one of Africa's biggest privatisations as the country seeks to sell its power generation and distribution companies

Big sporting events power up Aggreko
2010-08-25 20:38:29 from FT.com - Energy Utilities Mining
Contracts for major world sporting and entertainment events help prompt a surge in revenues, profits and dividends at the world's leading supplier of rented electricity generators

International order book boosts Aggreko
2010-08-25 09:02:28 from FT.com - Energy Utilities Mining
Power generator rental group pledged to raise its interim and final dividend by 50% after trading in the first half was underpinned by contracts to supply temporary power to a string of sporting and entertainment events

Russian atomic agency looks to diversify
2010-08-24 22:31:35 from FT.com - Energy Utilities Mining
Rosatom chief executive says it plans to use its proposed majority stake in Canada's Uranium One as the starting point for global diversification

Sunny outlook for solar panels
2010-08-24 19:51:45 from FT.com - Energy Utilities Mining
A record number of homeowners installed solar panels this month, in a sign of Britons' enthusiasm for domestic renewable energy generation

German plea for nuclear power
2010-08-20 22:37:38 from FT.com - Energy Utilities Mining
A phalanx of Germany's business elite that includes the heads of Deutsche Bank, BASF, and Metro urges government to extend the life of the country's 17 nuclear power stations

Blackstone to invest $4bn in India
2010-08-18 19:22:43 from FT.com - Energy Utilities Mining
The deal shows how US private equity companies are ramping up their interest in the country, with rival Kohlberg Kravis Roberts also announcing two big deals this year

Blackstone buys $300m Indian power stake
2010-08-18 09:01:33 from FT.com - Energy Utilities Mining
The private equity group is to invest $300m in exchange for a significant minority stake in Indian power developer Moser Baer, marking its second energy deal in as many months in the country

Reforms could backfire, warns UK industry
2010-08-17 02:26:53 from FT.com - Energy Utilities Mining
Businesses call on the government anew to clear the backlog of planning applications, voicing fears that some proposals of the coalition could create a bigger logjam of delayed projects

Fund pulls plug on utility bail-outs
2010-08-13 23:02:30 from FT.com - Energy Utilities Mining
Invesco Perpetual warns utility companies that it will refuse to bail them out if they are forced to turn to the market to raise equity as a result of a harsher regulatory regime

Invesco pulls plug on utility bail-outs
2010-08-13 23:02:30 from FT.com - Energy Utilities Mining
Invesco Perpetual warns utility companies that it will refuse to bail them out if they are forced to turn to the market to raise equity as a result of a harsher regulatory regime

Dynegy
2010-08-13 22:42:14 from FT.com - Energy Utilities Mining
Despite creating zero value in his tenure, the chief is no failure

Patience pays off for GDF-Suez
2010-08-10 19:59:27 from FT.com - Energy Utilities Mining
The International Power deal allows the French group to achieve its goal of 100GW of electricity generating capacity two years ahead of schedule and will create the world's largest utility

International Power owners set for £1.4bn pay-out
2010-08-10 11:15:32 from FT.com - Energy Utilities Mining
International Power shareholders are set to receive a 92p-per-share special dividend after agreeing to a reverse takeover by France's GDF Suez that would create one of the world's biggest independent power generators

International Power owners set for £1.4bn windfall
2010-08-10 09:30:51 from FT.com - Energy Utilities Mining
International Power shareholders are set to receive a 92p-per-share special dividend after agreeing to a reverse takeover by France's GDF Suez that would create one of the world's biggest independent power generators

GDF / International Power
2010-08-09 23:38:47 from FT.com - Energy Utilities Mining
The French just love the UK power game

International Power and GDF boards approve deal
2010-08-09 22:18:50 from FT.com - Energy Utilities Mining
Merger to pave the way for the creation of one of the world's biggest independent power generators with estimated sales of €13.5bn

International Power set to sign GDF deal
2010-08-09 11:44:09 from FT.com - Energy Utilities Mining
A takeover of International Power by France's GDF Suez would spark a windfall of up to £1.3bn for its shareholders

International Power set to sign GDF takeover
2010-08-08 18:50:12 from FT.com - Energy Utilities Mining
A takeover of International Power by France's GDF Suez would spark a windfall of up to £1.3bn for its shareholders

EDF deal shows Li's faith in the old order
2010-08-05 20:17:13 from FT.com - Energy Utilities Mining
The decision of Li Ka-shing to buy the UK electricity distribution business of France's EDF was drawn by parallels with HK's own common law-based legal system, which provides a solid basis for business

Russia's 'green oligarchs' struggle
2010-08-04 22:06:45 from FT.com - Energy Utilities Mining
Energy advisers face a bonanza if they can defeat sceptics

Adani buys Linc coal assets for $2.72bn
2010-08-03 18:47:24 from FT.com - Energy Utilities Mining
India's largest importer of coal acquires reserves from Australia's Linc Energy in a move to meet the country's growing demand for energy as it hopes to reach double-digit growth

Subsidy reform threatens Drax biomass push
2010-08-03 09:07:53 from FT.com - Energy Utilities Mining
The UK's biggest power station says government changes to subsidies for renewable energy have thrown into doubt its planned massive expansion of the use of the fuel

Septech taps into region's scarce resource
2010-08-02 15:56:25 from FT.com - Energy Utilities Mining
Australian David Heffernan believes he has found a business that is recession-proof – providing water systems, including desalination and sewage treatment, in the Gulf

Enel appoints banks for green business IPO
2010-07-30 23:15:38 from FT.com - Energy Utilities Mining
Credit Suisse, Goldman Sachs and Mediobanca to list minority stake in renewable energy unit

CKI snaps up EDF Energy Networks
2010-07-30 20:28:52 from FT.com - Energy Utilities Mining
Chinese billionaire is to buy the UK electricity distribution business of France's EDF for £5.8bn in what is set to be the biggest European investment by a Hong Kong company on record

CKI drawn by UK's regulatory framework
2010-07-30 13:03:15 from FT.com - Energy Utilities Mining
The energy and water group controlled by billionaire Li Ka-shing says the UK's regulatory environment has been a significant factor in its approach for EDF's electricity networks business in the UK

Li Ka-shing pays £5.8bn for UK utility
2010-07-30 00:10:52 from FT.com - Energy Utilities Mining
EDF Networks has low-voltage electricity distribution networks in the east and south of England, long-term contracts with businesses such as London Underground, Heathrow and Gatwick, and the Channel Tunnel

Areva and EDF told to 'get along'
2010-07-28 23:03:18 from FT.com - Energy Utilities Mining
France's nuclear groups, must end years of bickering and form a strategic partnership to win overseas contracts, the government said

Ban on new coal-fired power plants without CCS
2010-07-27 23:10:57 from FT.com - Energy Utilities Mining
No new coal-fired power stations can be built in the UK without including carbon capture and storage technology, the government says.

Ban on new coal-fired power plants without CCS
2010-07-27 23:10:57 from FT.com - Energy Utilities Mining
No new coal-fired power stations can be built in the UK without including carbon capture and storage technology, the government says.

Ofgem will change rules to boost 'smart grids'
2010-07-26 20:17:24 from FT.com - Energy Utilities Mining
Ofgem is to change its rules to make it easier for energy companies to raise from customers the £32bn needed to help modernise the electricity grid, in an abrupt reversal of the principles of post-privatisation regulation

Woodford in push for International Power deal
2010-07-23 23:33:06 from FT.com - Energy Utilities Mining
Neil Woodford, of Invesco Perpetual, which has an 11 per cent stake, said he would be content not to be paid a special dividend to get the deal done

Woodford in push for Int Power deal
2010-07-23 22:38:31 from FT.com - Energy Utilities Mining
Neil Woodford, of Invesco Perpetual, which has an 11 per cent stake, said he would be content not to be paid a special dividend to get the deal done

India approves sale of Power Grid stake
2010-07-22 22:15:33 from FT.com - Energy Utilities Mining
New Delhi plans to sell stakes in a number of state-owned companies in the coming months to help it reduce one of the widest fiscal deficits in 20 years

India approves sale of stake in Power Grid
2010-07-22 22:15:33 from FT.com - Energy Utilities Mining
New Delhi plans to sell stakes in a number of state-owned companies in the coming months to help it reduce one of the widest fiscal deficits in 20 years

Policymakers need new commodities roadmap
2010-07-21 18:23:49 from FT.com - Energy Utilities Mining
Our understanding of raw commodities is deteriorating, not improving, and this ignorance and lack of oversight must end, writes Javier Blas

Domestic demand lifts Iberdrola
2010-07-21 12:15:20 from FT.com - Energy Utilities Mining
Recovery in domestic demand and foreign expansion helps the Spanish electricity group lift its underlying first-half results

GDF Suez hopes to achieve the right spark
2010-07-19 23:16:40 from FT.com - Energy Utilities Mining
This time, GDF and International Power hammered out an initial structure to be discussed with shareholders before leaks scuppered their efforts

Boeing, Airbus and the great Emirates conjuring trick
2010-07-19 22:56:05 from FT.com - Energy Utilities Mining
Recent blockbuster widebody orders by the global commercial aircraft rivals from the Dubai airline may not be all that they seem to be

International Power's top investor backs fresh tie-up talks with GDP
2010-07-19 18:34:11 from Utilities - Telegraph
Revived takeover talks between International Power and GDF Suez got an early boost with the UK group's biggest shareholder supporting the deal.

Merger Monday: a flurry of deals
2010-07-19 14:25:53 from FT.com - Energy Utilities Mining
Despite a flurry of deals, assessing a company's value remains unusually difficult

GDF and International Power renew talks
2010-07-18 19:36:25 from FT.com - Energy Utilities Mining
Discussions between the two companies, which collapsed in January after they were unable to agree terms, began two weeks ago and are still at an early stage. No agreement on price has yet been reached, according to people close to the situation

Merits of a well-built commodity benchmark
2010-07-18 08:50:05 from FT.com - Energy Utilities Mining
Investors can generate long-term positive returns in commodity markets by constructing a well-designed commodity benchmark

Greenko to pay €26m for Hemavathi
2010-07-14 23:44:34 from FT.com - Energy Utilities Mining
The purchase of the hydropower operation – Greenko's biggest acquisition to date – will see the group become the largest green energy provider in India

Bglobal doubles turnover in a year
2010-07-13 23:40:49 from FT.com - Energy Utilities Mining
Smart metering company says it aims to do so again this year as a government roll-out of the energy saving technology could be brought forward

KSK doubles operating profits
2010-07-12 22:37:34 from FT.com - Energy Utilities Mining
KSK Power Ventur more than doubled operating profits to $23.1m as operating capacity grew from 144MW to 448MW

Enel to resume Green Power flotation
2010-07-11 17:47:18 from FT.com - Energy Utilities Mining
Listing of minority stake to go ahead despite fears over market conditions as Enel seeks to reduce debt

Lithuania eyes sale of state-owned assets
2010-07-08 03:30:53 from FT.com - Energy Utilities Mining
The Baltic government is considering initial public offerings of its energy and real estate companies as part of a sweeping overhaul of the country's troubled public sector

Dublin agrees to buy power network for £1bn
2010-07-08 02:34:25 from FT.com - Energy Utilities Mining
The Irish Republic's state-owned power company will acquire Viridian's transmission and distribution business as well as its construction and maintenance services units

Low-carbon power spur for Liverpool
2010-07-07 03:24:30 from FT.com - Energy Utilities Mining
The city is set to host the UK's largest smart electricity grid, which will equip up to 1,200 households with smart meters, solar panels or wind turbines and provide charging points for plug-in cars

Enel's Russian unit prospers
2010-07-07 03:20:41 from FT.com - Energy Utilities Mining
The Italian power group says earnings at its Russian power unit, OGK-5, could increase by as much as five times by 2014 as the market recovers from a steep fall in demand

Spice shareholder calls for talks with Cinven
2010-07-06 18:05:42 from FT.com - Energy Utilities Mining
One of the biggest shareholders in Spice calls on the directors of the utility services company to hold talks with Cinven after they dismissed an improved takeover approach from the private equity group

Australian resource tax
2010-07-02 18:20:25 from FT.com - Energy Utilities Mining
Miners are not doing cartwheels over the supertax climbdown

Finnish parliament backs nuclear reactors
2010-07-02 04:52:23 from FT.com - Energy Utilities Mining
Lawmakers vote in favour of plans to build two new reactors in a bid to increase energy security and reduce carbon emissions, highlighting the renewed momentum behind atomic power in Europe

Emerson deal to mean deep cuts at Chloride
2010-07-01 23:55:29 from FT.com - Energy Utilities Mining
The US group is likely to slash more costs than originally planned as it seeks to justify the near £1bn price tag it will pay for the UK power systems provider

Poland's energy sell-off moves ahead
2010-07-01 01:40:43 from FT.com - Energy Utilities Mining
Tauron Polska Energia, the country's second-largest generator, raises 4.2bn zlotys in its initial public offering as the government calls for bids to buy a majority stake in the third-largest generator

Bids spark power struggle for Chloride
2010-06-30 22:39:20 from FT.com - Energy Utilities Mining
A hitherto unremarkable UK electronics company, has pitted two heavyweight US chief executives, from Emerson and ABB respectively, against each other

The Green Investment Bank is going down the wrong path
2010-06-30 12:39:16 from Utilities - Telegraph
The Green Investment Bank should boost struggling independents not hand public money to multinational utilities, says Jo Butlin.

Verbund seeks €1bn share issue
2010-06-30 11:12:03 from FT.com - Energy Utilities Mining
Austria's biggest utility hopes to reinforce its capital structure and fund further investment

Emerson / Chloride
2010-06-29 17:46:14 from FT.com - Energy Utilities Mining
It is more of a civilised duel than an all-out bidding war but shareholders of the British maker of uninterruptible power supply systems are loving it

Emerson trumps ABB offer for Chloride
2010-06-29 08:16:59 from FT.com - Energy Utilities Mining
US suitor ups its cash offer for Chloride to $1.5bn in move to tempt the British group away from a recommended $1.25bn deal from Switzerland's ABB

Anger over £273,000 bonuses for Scottish Water chiefs
2010-06-28 10:51:30 from Utilities - Telegraph
Five Scottish Water executives have shared £273,000 in taxpayer-funded bonuses after household bills increased by millions of pounds.

Teesside poised for bioenergy plant in Europe
2010-06-28 04:24:21 from FT.com - Energy Utilities Mining
Ineos Bio is a step closer to realising the conversion of dustbin contents into biofuel and renewable energy by securing £7.3m of grants towards its development of the continent's first waste to bioethanol plant

Can we really be short of water?
2010-06-25 07:11:47 from Utilities - Telegraph
Another summer, another call for hosepipe bans. It's time we started paying a sensible price for water, says Geoffrey Lean.

Spain pressed over solar tariff cuts
2010-06-23 22:33:37 from FT.com - Energy Utilities Mining
The country's cash-strapped government is under increasing pressure to back down on plans to retroactively reduce special tariffs to photovoltaic energy operators

Enel's green credentials challenged ahead of IPO
2010-06-21 17:38:23 from FT.com - Energy Utilities Mining
Enel hopes the flotation of its renewable energies division will become Europe's biggest initial public offering since the global financial crisis erupted two years ago

Talk from the City: Northumbrian 'receives £1.7bn takeover approach'
2010-06-16 11:22:42 from Utilities - Telegraph
Northumbrian Water traded at a 52-week high on Wednesday amid talk Ontario Teachers' Pension Plan had finally made a £1.7bn takeover approach for the water company.

Spice rejects £316m takeover bid from Cinven
2010-06-15 22:27:45 from FT.com - Energy Utilities Mining
Offer of 56p a share is 'opportunistic' as price rally following gas unit disposal cuts the premium to under 10%, says utility services group

Energy group equity raising hits 15-year high
2010-06-09 22:34:59 from FT.com - Energy Utilities Mining
London's independent energy companies have raised more equity capital than any other sector so far this year, as investors seek out returns less correlated with the wider market turbulence

Enel poised to raise €4bn in green power unit listing
2010-06-09 18:55:46 from FT.com - Energy Utilities Mining
Europe's most indebted utility expects to launch the listing process for a minority stake in its renewable energy division – this is likely to be the largest IPO since start of crisis

Eurozone must learn from Sweden
2010-06-09 17:36:56 from FT.com - Energy Utilities Mining
Finance minister decries doubters who question whether south European countries have the political will to push through strong measures

Water industry presses for regulatory change
2010-06-09 07:21:29 from FT.com - Energy Utilities Mining
The water industry is stepping up efforts to lobby policymakers in an attempt to press for changes to how it is regulated

GDF-Suez stands by core strategic goals
2010-06-08 21:02:43 from FT.com - Energy Utilities Mining
Chief executive of the French utility group says that the draft law being debated in the French parliament could provide the framework for real competition in France

Total and Abengoa to sign UAE solar farm deal
2010-06-08 20:59:33 from FT.com - Energy Utilities Mining
Deal highlights Total's increasing presence in solar energy, an alternative fuel in which its competitors have reduced their interest in favour of developing second generation biofuels

ABB / Chloride
2010-06-08 13:51:52 from FT.com - Energy Utilities Mining
Equipment maker's shareholders will salivate at the prospect of a bidding war

ABB makes £860m agreed offer for Chloride
2010-06-08 07:47:34 from FT.com - Energy Utilities Mining
Swiss-Swedish engineering group dips again into its $5bn cash pile to make an agreed £860m bid for UK maker of specialised electrical equipment

ABB to buy Chloride for £860m
2010-06-08 07:42:10 from Utilities - Telegraph
ABB, the world's largest supplier of power grids, has agreed to buy Chloride Group for £860m.

MCT hopes tide is high for UK energy
2010-06-07 02:42:09 from FT.com - Energy Utilities Mining
The Bristol company has to persuade energy and engineering companies on the long-term credibility of its single working commercial prototype of marine renewable energy technology

IEA counts $550bn energy aid bill
2010-06-06 18:44:02 from FT.com - Energy Utilities Mining
The world economy spends more than $550bn in energy subsidies a year, about 75 per cent more than previously thought, according to the first exhaustive study of the subject

Jetion hopes to catch light in Asia listing
2010-06-04 01:48:28 from FT.com - Energy Utilities Mining
If the solar cell maker attracts a higher valuation in the fast-emerging Hong Kong market, it could be a blow to the perception of Aim as something more than a fund-raising market for new companies

Questor share tip: Hold Northumbrian in the pipeline for future dividends
2010-06-03 00:31:44 from Utilities - Telegraph
Following strong sets of results from Pennon, Severn Trent and United Utilities over the past few weeks, Northumbrian Water rounded off the utilities reporting season with its full-year figures.

Northumbrian's profits rise 11%
2010-06-02 22:22:16 from FT.com - Energy Utilities Mining
The water supply utility group has raised its pre-tax profits from £153m to £170m, despite a rise in bad debts, loss of key industrial customers and an increase in burst pipes

Siemens eyes bigger role in nuclear sector
2010-06-02 22:19:15 from FT.com - Energy Utilities Mining
German group wants a bigger part of the atomic action as governments around the world prepare to build a record number of reactors

SSE scales back interest in EDF business
2010-06-01 09:25:20 from FT.com - Energy Utilities Mining
The utility scales back interest in the £4bn sale of EDF's UK electricity distribution business saying it was thinking of taking a smaller stake

Invesco warns Ofwat over price review
2010-05-31 23:27:43 from FT.com - Energy Utilities Mining
One of biggest investors in UK infrastructure rebukes water regulator, saying shareholders are likely to abandon sector in event of another tough pricing review

Scottish hopes over renewable energy
2010-05-31 03:20:07 from FT.com - Energy Utilities Mining
Scotland estimates that wind and wave power could create 26,000 jobs and provide up to £15bn of investment opportunities, but the prospects could be threatened by skills and equipment shortages

Severn Trent boosted by efficiency drive
2010-05-28 09:55:36 from FT.com - Energy Utilities Mining
Severn Trent has surpassed full-year expectations by exceeding planned efficiency targets, although the utility has taken a £3.3m charge on rising bad debts

India blocks Chinese power groups
2010-05-27 00:23:13 from FT.com - Energy Utilities Mining
New Delhi is screening Chinese companies out of contracts to supply equipment for new power plants in favour of local manufacturers as it strives to overcome a severe energy deficit

First Reserve in SunEdison venture
2010-05-25 23:37:42 from FT.com - Energy Utilities Mining
The energy-focused private equity group teams up with SunEdison, the solar power division of US chipmaker MEMC, to make a $1.5bn bet on harnessing the sun's rays to produce electricity

Waste unit boosts Pennon profits
2010-05-25 23:02:31 from Utilities - Telegraph
Extracting energy from household waste helped Pennon, the utility giant, to increase its profits by 14pc last year.

Iberdrola sells US gas businesses for $1.3bn
2010-05-25 17:26:58 from FT.com - Energy Utilities Mining
Sale allows Spain's largest electricity group to consolidate its position in the US and is latest in a series of disposals of non-core assets

Pennon poised to lift dividend
2010-05-25 17:09:45 from FT.com - Energy Utilities Mining
Water, sewerage and waste group disclosed plans to lift its dividend by 4 per cent a year in spite of a harsher regulatory regime

Toshiba buys stake in enriched uranium group
2010-05-25 14:43:18 from FT.com - Energy Utilities Mining
Japanese group set to invest $100m in one of the world's largest producers of enriched uranium, as the top players in the nuclear industry race to secure their supply chain

Chloride gives Emerson cause for thought
2010-05-24 16:50:38 from FT.com - Energy Utilities Mining
UK power protection group's better fourth-quarter results and give its US suitor little encouragement

Chloride defends against Emerson Electric
2010-05-24 09:15:34 from FT.com - Energy Utilities Mining
The UK power protection group reports stronger-than-expected fourth-quarter results and gives little encouragement its US suitor

Chloride investors focused on bid revision
2010-05-23 22:53:24 from FT.com - Energy Utilities Mining
The power protection specialist is expected to deliver improved annual revenue and profits but investors will be focused on the prospects of whether US suitor Emerson will make an improved offer

Philip Green, chief executive of United Utilities, to step down
2010-05-22 22:59:04 from Utilities - Telegraph
Philip Green, the chief executive of United Utilities, is expected to leave the FTSE 100 company before the end of the year, according to sources.

Severn Trent CEO Tony Wray reveals his radical plans for change
2010-05-22 18:25:43 from Utilities - Telegraph
"We were poster boys for the industry in the worst possible sense," admits Tony Wray, the sandy-haired chief executive of Severn Trent with a grim smile.

United Utilities shares rise on dividend pledge
2010-05-21 20:30:33 from Utilities - Telegraph
United Utilities pledged to continue dividend growth despite a 10pc fall in pre-tax profits.

United Utilities alters pension scheme
2010-05-21 18:09:59 from FT.com - Energy Utilities Mining
United Utilities, which announces increased underlying operating profits for the year of 3% and raises its dividend, also reveals it had made its defined benefit pension schemes less generous to employees

United Utilities tackles funding deficit
2010-05-21 09:42:21 from FT.com - Energy Utilities Mining
United Utilities announced that it had made its defined benefit pension schemes less generous to employees in order to tackle a funding deficit

Shareholders should back National Grid in its plans to spend big
2010-05-20 23:20:20 from Utilities - Telegraph
Energy is an expensive business, just consider how your utility bills have changed over the years.

National Grid in surprise £3.2bn rights issue
2010-05-20 22:14:34 from Utilities - Telegraph
National Grid has shocked its investors by proposing to raise £3.2bn in a rights issue, as the indebted utility moves to maintain its credit rating.

Diverging streams at water suppliers
2010-05-20 21:39:06 from FT.com - Energy Utilities Mining
With calls for M&A liberalisation, the sector remains split over reforms needed

National Grid shares fall 7% after rights issue
2010-05-20 20:56:38 from FT.com - Energy Utilities Mining
The operator of gas and electricity networks launches a £3.2bn rights issue to fund a five-year investment programme

Questor share tip: National Grid should generate returns after rights issue
2010-05-20 17:39:31 from Utilities - Telegraph
Many investors in National Grid were surprised by its rights issue announcement yesterday. That includes Questor.

National Grid rights issue to raise £3.2bn
2010-05-20 08:20:07 from Utilities - Telegraph
National Grid, the British gas and electricity network operator, is to raise £3.2bn in discounted rights issue to strengthen its credit rating and fund increased investment.

National Grid launches £3.2bn rights issue
2010-05-20 08:12:13 from FT.com - Energy Utilities Mining
The operator of gas and electricity networks launches a £3.2bn rights issue to fund a five-year investment programme to replace cable systems in London and Birmingham and strengthen underwater connectors

SSE puts Welsh power plant on hold
2010-05-19 22:51:18 from FT.com - Energy Utilities Mining
The utility has delayed construction of a power station, arguing that economic weakness in the UK has undermined plans for it to start generating electricity in 2013

SSE promises above inflation dividend rises
2010-05-19 10:00:56 from FT.com - Energy Utilities Mining
Considered a safe haven for investors, the utility group said it remained "acutely aware" of the importance of sustained real growth in dividend payments as it announced a 3 per cent rise in pre-tax profit

Spice shareholders back telecoms arm sale
2010-05-17 23:42:45 from FT.com - Energy Utilities Mining
Shareholders in the utility services specialist support the £32.8m sale of its telecommunications business as the group confirms expected trading results for the year to April 30

Estonia scraps Eesti Energia London listing
2010-05-15 02:31:44 from FT.com - Energy Utilities Mining
Tallinn decides to keep full control of the country's biggest power generator and inject fresh government capital into the company instead of proceeding with a planned €400m-€500m IPO

OFT to probe infrastructure services pricing
2010-05-14 21:04:38 from FT.com - Energy Utilities Mining
The Office of Fair Trading is to launch a competition probe into the impact of changes in ownership on industries such as energy, transport, ports and communications

Counting the cost of OFT's 'stock take'
2010-05-14 20:54:27 from Utilities - Telegraph
Fresh from its triumphs at Southwark Crown Court, the Office of Fair Trading has made a quick return to the limelight.

OFT to examine effects of foreign ownership on UK infrastructure
2010-05-14 19:42:08 from Utilities - Telegraph
The Office of Fair Trading is to investigate the ownership of Britain's infrastructure as the country's airports, energy networks and ports increasingly fall under the control of foreign investors and private equity groups.

Australia gas deal renews tension
2010-05-14 02:37:59 from FT.com - Energy Utilities Mining
East Timor is considering legal action over a multimillion-dollar helium production facility in Australia in the latest confrontation between the nations over resources in a disputed maritime territory

UK nuclear power groups eager to press on
2010-05-14 02:22:26 from FT.com - Energy Utilities Mining
Energy companies are looking at making investments of £40bn-plus to build up to 12 new reactors in spite of the appointment of the Liberal Democrats' Chris Huhne as energy secretary

New Eon chief in management shake-up
2010-05-13 04:36:46 from FT.com - Energy Utilities Mining
Johannes Teyssen brings two company outsiders onto an expanded six-person management board as the German energy group parts ways with two of the four members of its existing team

Enel reports rise in electricity demand
2010-05-13 01:58:36 from FT.com - Energy Utilities Mining
Europe's second largest utility by power generation announces a higher than forecast 1.9% increase in demand for electricity in Italy in the first quarter

E. ON call centre workers suffer from pay cut
2010-05-12 19:22:31 from Utilities - Telegraph
Call centre workers at one of Britain's biggest energy companies, E. ON, have had their pay slashed while their bosses have escaped from any wage cuts.

One-off items hit Acciona results
2010-05-12 17:46:39 from FT.com - Energy Utilities Mining
Spanish infrastructure and energy group unveils sharp year-on-year drop in net profits, as one-off items masked a solid underlying result

British Gas focuses on training engineers for 'green' jobs
2010-05-12 16:23:34 from Utilities - Telegraph
The coalition government is good news for "green" jobs, according to British Gas, which is rapidly increasing its recruitment and retraining of engineers.

UK offshore wind farms agreed
2010-05-12 04:33:11 from FT.com - Energy Utilities Mining
The Crown Estate, which manages property for the exchequer, has approved the extension of seven sites with additional capacity totalling 2,000 megawatts

Estonia's Eesti Energia eyes London IPO
2010-05-11 23:00:38 from FT.com - Energy Utilities Mining
The country's national energy company has lined up advisers for a UK stock market listing, in what would be the first large foreign privatisation on the London market in three years.

Endesa triples net profits to €1.54bn
2010-05-11 16:43:45 from FT.com - Energy Utilities Mining
Asset sales and a group restructuring helped Endesa triple first-quarter net profits compared with last year, the Spanish subsidiary of Italy's Enel said

United Utilities scales down with Australian unit sale
2010-05-10 20:24:01 from FT.com - Energy Utilities Mining
Britain's biggest listed water company, has continued to dismantle its far-reaching empire with the sale of its Australian subsidiary for A$225m

United Utilities sells Australian unit for £136m
2010-05-10 17:52:15 from Utilities - Telegraph
United Utilities, Britain's biggest water company, has sold its Australian subsidiary to a consortium led by Japan's Mitsubishi Corporation for A$225m (£136m).

Centrica boosted by British Gas performance
2010-05-10 09:14:15 from FT.com - Energy Utilities Mining
Energy group struck an upbeat tone for its full-year earnings on Monday as a long winter boosted the first-quarter performance of British Gas

French report hopes to heal nuclear division
2010-05-09 23:32:11 from FT.com - Energy Utilities Mining
The state plans to organise its nuclear assets and decide how these can be best used to promote France's interests at home and abroad

Solar sector faces power struggle
2010-05-09 17:38:06 from FT.com - Energy Utilities Mining
The world's photovoltaic industry is heading for a shake-out with big Chinese and US manufacturers of solar modules competing for dominance in Europe as smaller companies suffer from a collapse of prices and lower subsidies

ABB expands into electricity software
2010-05-05 08:42:40 from FT.com - Energy Utilities Mining
The Swiss-Swedish electrical engineering group splashed out $1bn of its $7bn cash pile to strengthen its presence in the increasingly important market for software for electricity distribution networks

ABB in $1bn utilities software deal
2010-05-05 08:42:40 from FT.com - Energy Utilities Mining
Swiss-Swedish electrical engineering group splashed out $1bn of its $7bn cash pile to strengthen its presence in the increasingly important market for software for electricity distribution networks

Rurelec unfazed by Bolivia seizures
2010-05-02 22:14:08 from FT.com - Energy Utilities Mining
The Aim-listed investor in South American electricity projects, has vowed to continue investing in Bolivia in spite of having its assets in the country nationalised

End of an Eon
2010-04-29 22:37:19 from FT.com - Energy Utilities Mining
The company's $7.6bn sale of utilities in Kentucky to PPL will be the second-biggest global utility deal this year

PPL to buy Eon supply assets in US
2010-04-29 00:30:21 from FT.com - Energy Utilities Mining
PPL, the Pennsylvania-based power company, agreed to buy the US supply companies of Eon, the German energy group, for more than $7.6bn

Cold winter raises Iberdrola quarterly profits
2010-04-28 14:29:11 from FT.com - Energy Utilities Mining
A wet, windy winter in Spain, a surge in demand in Brazil and efficiency gains helped the Spanish electricity group to post a 16.2 per cent year-on-year rise in net profits

Chloride spurns move by Emerson
2010-04-26 19:53:14 from FT.com - Energy Utilities Mining
Shares in Chloride surged more than 40 per cent after US group Emerson Electric returned with a bid for its UK rival, pitching its 275p all-cash indicative offer just above the price as its failed offer two years ago

Chloride shares surge on Emerson approach
2010-04-26 09:23:46 from FT.com - Energy Utilities Mining
Shares in Chloride surged more than 40% after US group Emerson Electric returned with a bid for its UK rival, pitching its 275p all-cash indicative offer just above the price as its failed offer two years ago

UK water system is 'unsustainable', says Severn Trent
2010-04-21 17:35:48 from Utilities - Telegraph
Britain's water system is 'unsustainable' and needs a complete overhaul, utility group Severn Trent has argued in a new report.

Brazil sells contract to build power plant
2010-04-21 01:03:57 from FT.com - Energy Utilities Mining
Government completes a deal to build a controversial hydroelectric power station in the Amazon jungle in spite of last-minute delays from legal injunctions and nationwide protests

Brazil pushes ahead with Amazon power plan
2010-04-19 05:44:27 from FT.com - Energy Utilities Mining
Despite protests from environmentalists, including several celebrities, bidding for the Belo Monte hydroelectric plant contract will push through on Tuesday

Areva close to finalising €3bn fundraising
2010-04-19 03:15:45 from FT.com - Energy Utilities Mining
The sovereign wealth funds of Qatar and Kuwait and the group's Japanese partner Mitsubishi Heavy Industries are expected to participate in the 15% share sale

Northumbrian taps into trickle-down effect
2010-04-19 02:23:44 from FT.com - Energy Utilities Mining
Heidi Mottram, Northumbrian Water's new chief executive ,intends to use her rail industry skills and experience to help the utility's leadership team devise a more focused business plan

Vattenfall would benefit from listing
2010-04-13 20:11:33 from FT.com - Energy Utilities Mining
Lars Josefsson, who is stepping down after nine years as chief executive, says Sweden's state-owned power company needs a stock market listing to realise its full potential

Vattenfall's new head faces green challenge
2010-04-13 20:03:09 from FT.com - Energy Utilities Mining
Øystein Løseth insists he can reduce the Swedish power group's carbon footprint while also tackling performance issues and political disputes that plague the utility

Mirant and RRI in $3.1bn merger
2010-04-11 22:56:17 from FT.com - Energy Utilities Mining
Mirant and RRI Energy, two US power companies, have agreed to merge, creating one of the largest independent power producers in the US

Battle lines drawn as S Africa wins loan
2010-04-10 04:47:32 from FT.com - Energy Utilities Mining
The World Bank has approved a $3.75bn loan to state-owned Eskom for a coal-fired power station, with the US and two other important shareholder countries withholding support

Chloride benefits from record orders
2010-04-07 23:05:52 from FT.com - Energy Utilities Mining
The power protection company says that its order book stands about 16% ahead of a year ago as order intake improves and recent acquisitions make first-time contributions

Carbon trading survives key tests
2010-04-07 20:33:34 from FT.com - Energy Utilities Mining
Europe's surplus of permits, rather than leading to a drop in prices, as in the past, has seen a slight price rise

Comment: Cheap energy addiction must end
2010-04-07 16:36:51 from FT.com - Energy Utilities Mining
Governments of Gulf states need urgently to introduce environmental measures as electricity demand outstrips supply – and realistic fuel pricing is crucial

Chloride benefits from record order book
2010-04-07 09:20:25 from FT.com - Energy Utilities Mining
Chloride Group, the power protection company, says its order book stands about 16% ahead of a year ago as order intake improves and recent acquisitions make first-time contributions

Vattenfall chips in for Liberian project
2010-04-05 19:11:15 from FT.com - Energy Utilities Mining
The Swedish power group is in talks with a Canadian billionaire about investing in a Liberian biomass project to reduce dependence on coal in its European power stations

CEZ looks to home as challenges pile up
2010-04-02 19:03:06 from FT.com - Energy Utilities Mining
The Czech energy group intends to scale back its central European expansion to focus on investing in the country and Slovakia amid lower electricity prices and problematic acquisitions abroad

SSE buys $423m of North Sea gas
2010-04-01 21:28:34 from Utilities - Telegraph
Scottish & Southern Energy has joined the other utility giants buying gas fields in the North Sea, paying $423m (£277m) for the assets of US company Hess.

SSE pays £423m for Hess North Sea assets
2010-04-01 09:22:41 from FT.com - Energy Utilities Mining
The energy group is extending its strategy to include the partial ownership of gas fields by buying $423m of North Sea assets currently held by Hess, the US-listed energy group

Next step in nuclear clean-up will cost £2.8bn
2010-03-31 00:08:45 from FT.com - Energy Utilities Mining
The next stage of decommissioning Britain's ageing fleet of nuclear power stations and cleaning up the legacy of waste will cost £2.8bn, according to a business plan to be published by the Nuclear Decommissioning Authority on Wednesday

RWE and EON to build first nuclear plant on Anglesey
2010-03-30 00:20:49 from Utilities - Telegraph
German utility giants RWE and EON are planning to build their first nuclear power plant on Anglesey, in Wales, by 2020 and a second plant in Gloucestershire by 2025, they will announce today.

Delays fuel talk of Areva chief's exit
2010-03-29 21:01:49 from FT.com - Energy Utilities Mining
Dispute over commissioning of the Okiluoto plant in Finland, which is three years behind schedule and more than €2bn over its €3bn budget, could lead to the departure of Anne Lauvergeon

IP fuels speculation by hiring McKinsey
2010-03-29 03:06:03 from FT.com - Energy Utilities Mining
International Power, which held talks with GDF Suez about a possible merger, hires the consulting firm for its regular strategy review, but the move fuels speculation that it may be involved in further deals

Energy prices should rise the more you use
2010-03-26 15:28:08 from FT.com - Energy Utilities Mining
Government needs to introduce rules to turn the incentive structure for gas and electricity consumers on its head, writes Sam Arie

British Gas staff vote to strike
2010-03-23 23:10:35 from FT.com - Energy Utilities Mining
British Gas's blue-collar workers have voted four to one for strikes over what their union claims is "macho management" at the company, threatening disruption to servicing of central heating systems

China suspends India power projects
2010-03-23 17:34:14 from FT.com - Energy Utilities Mining
Restrictions on the import of skills are forcing Chinese companies to suspend the building of badly needed power plants in India

British Gas workers to strike
2010-03-23 13:50:13 from Utilities - Telegraph
British Gas engineers have voted in favour of a strike, becoming the latest workers to walk out in the run up to the General Election.

British Gas workers vote to strike
2010-03-23 13:21:07 from Utilities - Telegraph
British Gas workers have voted strongly in favour of strikes over claims of ''macho management'' at the company, raising the threat of walkouts by engineers and other employees.

Venezuelan electricity crisis deepens
2010-03-22 23:01:30 from FT.com - Energy Utilities Mining
A deepening electricity crisis in Venezuela is taking its toll on businesses, as 80 companies were punished with power cut-offs for 24 hours after failing to comply with a strict rationing plan

Engyco flotation seeks to raise up to €1bn
2010-03-22 19:54:08 from FT.com - Energy Utilities Mining
Engyco, which aims to raise €500m to €1bn in an upcoming flotation, wants to buy solar farms in Spain, where it believes it will be able to run the farms at a lower cost, giving a higher rate of return

India wins funding for solar power drive
2010-03-21 18:59:53 from FT.com - Energy Utilities Mining
The International Finance Corporation is investing in India's first commercially viable solar power project, giving a vote of confidence to the country's ambitions to develop the technology

Tories plan electricity carbon tax
2010-03-18 23:45:17 from FT.com - Energy Utilities Mining
A future Conservative government would put a carbon tax on electricity generation to encourage investment in renewables and nuclear power, David Cameron is to say

Cameron unveils Tory energy strategy
2010-03-18 23:45:17 from FT.com - Energy Utilities Mining
David Cameron has launched what he described as the biggest shake-up of Britain's energy policy in a generation, as he set out Conservative proposals to mobilise the massive investment needed to secure supplies and cut greenhouse gas emissions

Enel cuts dividend and capital spending
2010-03-18 15:18:30 from FT.com - Energy Utilities Mining
Heavily indebted Italian electricity group reveals measures to bring down debt and gives details of possible listing of renewables business

Enel sounds alarm over tight emission rules
2010-03-17 23:56:20 from FT.com - Energy Utilities Mining
The Italian energy utility warns European ministers against changes to rules for carbon emissions permits, as tighter restrictions could hit investment in projects to cut greenhouse emissions

Scotland hails marine energy deals
2010-03-16 13:14:17 from FT.com - Energy Utilities Mining
Alex Salmond, first minister, has welcomed the signing of 10 project agreements following the world's first commercial leasing round for wave and tidal power schemes

Vattenfall sells off German power grid
2010-03-12 10:51:51 from FT.com - Energy Utilities Mining
Swedish power group has agreed to sell its German grid to Elia of Belgium and an Australian infrastructure investment fund for €810m

South Korea eyes nuclear push in Turkey
2010-03-11 00:11:14 from FT.com - Energy Utilities Mining
Seoul's plans to become a global player in the nuclear industry have been boosted by the signing of a co-operation agreement between the two countries' state power companies

Eon tones down outlook for 2010
2010-03-10 07:40:37 from FT.com - Energy Utilities Mining
World's largest utility by sales gives a muted outlook for 2010 earnings as the economic crisis hits energy prices and demand

IP's GDF deal 'fell on valuations'
2010-03-09 23:05:49 from FT.com - Energy Utilities Mining
The UK-based electricity group said merger talks with GDF Suez foundered because the companies were unable to agree terms

UK results: Antofagasta profits unaffected by Chile earthquake
2010-03-09 14:54:51 from FT.com - Energy Utilities Mining
Tuesday's UK results round-up: the Chilean copper miner used its annual results to reassure investors that its operations had not been seriously affected by the earthquake

International Power profits beat expectations
2010-03-09 09:58:07 from FT.com - Energy Utilities Mining
The power generation group reports profits ahead of expectations despite a sharp drop in US earnings because of strong growth in emerging markets like Asia and the Middle East

State Grid in joint deal with Quadra
2010-03-09 02:01:11 from FT.com - Energy Utilities Mining
The power utility will spend $900m to develop a Chilean copper deposit in partnership with the mining group, in the latest move by a Chinese company to gain more control over raw materials

Energy investment at risk, report warns
2010-03-08 08:40:28 from FT.com - Energy Utilities Mining
Uncertainty over energy policy and the regulatory framework could cause an 'investment hiatus' that would lead to strain on the electricity system later in the decade

Energy groups to launch plan for European 'super-grid'
2010-03-07 23:20:29 from FT.com - Energy Utilities Mining
Ten companies have joined forces to launch a plan to create a super-grid linking the UK, Germany and Norway and which will cost €34bn

Biffa's landfill power unit for sale at £350m
2010-03-06 03:21:28 from FT.com - Energy Utilities Mining
The waste management group has put its business that generates electricity from landfill gas up for sale, a move marking an unexpected shift for the company that promotes itself as 'the power behind waste'

Aggreko profits surge on developing nations demand
2010-03-05 01:32:00 from Utilities - Telegraph
Aggreko, the temporary power supplier, raised its expectations for earnings this year as demand for electricity in Africa and South America continues to outstrip local supplies.

Britain's hydro-electric projects under threat from lack of funds
2010-03-04 20:33:19 from Utilities - Telegraph
Europe's biggest renewable energy producer has withdrawn from the race to build Britain's first wave and tidal plants, as industry warned that marine power needs an extra £200m from taxpayers to be viable.

Aggreko raises guidance as profits surge
2010-03-04 09:27:17 from FT.com - Energy Utilities Mining
The supplier of power generators to developing countries raises guidance and capital expenditure targets after full year profits jumped nearly 30%

GDF Suez trims targets on lower gas prices
2010-03-04 07:43:43 from FT.com - Energy Utilities Mining
French energy group cut its key profit target as sharply lower gas prices capped its core earnings growth at 1 per cent in 2009

Eon puts US supply arms up for sale
2010-03-02 04:41:48 from FT.com - Energy Utilities Mining
Duke Energy of North Carolina and PPL of Pennsylvania are said to be possible buyers of the German energy group's Louisville Gas and Electric and Kentucky Utilities

Bond sale planned for new US nuclear reactors
2010-03-01 23:39:39 from FT.com - Energy Utilities Mining
The Municipal Electric Authority of Georgia will sell $2.5bn worth of bonds subsidised by the federal government to help pay for what could be the first new nuclear reactors in the US in more than 30 years

You say engineer, I say gas fitter - plumbers protest at BAE remarks
2010-03-01 23:19:26 from Utilities - Telegraph
Britain's plumbers were up in arms on Monday after the chairman of Britain's biggest manufacturing company, BAE Systems, questioned their right to call themselves engineers.

Water bills go up in summer, under seasonal tariff
2010-02-25 19:43:06 from Utilities - Telegraph
Householders could see their water bills increase over the summer under a radical plan to introduce "seasonal tariffs".

UK results: Capita and BAT raise dividends
2010-02-25 15:08:42 from FT.com - Energy Utilities Mining
Thursday's UK results round-up: Centrica fails to avoid backlash, while British American Tobacco increases pre-tax profit by 11% to £4.08bn

RWE sees slower utility sales
2010-02-25 10:32:09 from FT.com - Energy Utilities Mining
German energy group saw a rise in profit last year even as sales slipped as its customers in continental Europe and the UK cut back on the use of electricity and gas

Turbine company in talks to open UK factory
2010-02-24 23:05:21 from FT.com - Energy Utilities Mining
Gamesa of Spain, one of the world's largest wind turbine manufacturers, is in talks with the UK government about setting up a factory in Britain

Turbine company in talks to open UK factory
2010-02-24 23:05:21 from FT.com - Energy Utilities Mining
Gamesa of Spain, one of the world's largest wind turbine manufacturers, is in talks with the UK government about setting up a factory in Britain

Iberdrola to focus on US for growth
2010-02-24 22:39:26 from FT.com - Energy Utilities Mining
The Spanish energy group says that almost 40% of its €18bn capital spending for 2010-12 would go into the US, primarily into wind farms and electricity transmission and distribution

Power struggle looms in Spain
2010-02-24 22:31:23 from FT.com - Energy Utilities Mining
Plans to scrap shareholder voting limits would upset the balance of cross-border protection and leave Spanish companies more vulnerable to foreign takeover than in other European countries

Power struggle looms in Spain
2010-02-24 22:31:23 from FT.com - Energy Utilities Mining
Plans to scrap shareholder voting limits would upset the balance of cross-border protection and leave Spanish companies more vulnerable to foreign takeover than in other European countries

International markets lift Iberdrola
2010-02-24 11:13:49 from FT.com - Energy Utilities Mining
Spain's largest electricity generator posts a slight year-on-year drop in net profits for 2009, as international business helped offset a downturn in domestic prices and production

Drax remains hopeful on biomass power plants
2010-02-23 09:16:56 from FT.com - Energy Utilities Mining
The owner of one of Europe's largest coal-fired power stations dents hopes of a quick return to growth in the UK after reporting a 16% fall in annual revenues

Drax sees no end to economic gloom
2010-02-23 09:16:56 from FT.com - Energy Utilities Mining
The owner of one of Europe's largest coal-fired power stations dents hopes of a quick return to growth in the UK after reporting a 60% fall in annual profits

Energy suppliers challenge Ofgem figures
2010-02-22 23:54:46 from FT.com - Energy Utilities Mining
Energy regulator says industry margins are rising, and that falls in wholesale energy prices have not been matched by retail price cuts

Energy suppliers urged to cut prices
2010-02-22 23:54:46 from FT.com - Energy Utilities Mining
Ofgem figures are challenged for failing to take into account company costs

International Power remains in play
2010-02-22 22:09:16 from FT.com - Energy Utilities Mining
The specialist electricity generator is in many ways a perfect takeover target, although GDF Suez of France looms as the only realistic potential buyer

Trading Emissions merger plan voted down
2010-02-20 03:36:34 from FT.com - Energy Utilities Mining
Activist shareholders have defeated the group's plan to merge with fellow clean technology group Leaf Clean Energy, which would have created the largest listed carbon-focused company in the UK

Drax chief says carbon prices too low
2010-02-20 02:58:50 from FT.com - Energy Utilities Mining
The UK coal-fired power generator says incentives for renewable energy are not high enough to make it worthwhile to burn environmentally friendly fuels

Centrica braced for outcry over profits
2010-02-19 22:23:19 from FT.com - Energy Utilities Mining
Utility is to face calls for a competition inquiry into gas prices next week when it reports near-record profits at British Gas

Centrica braced for outcry over gas profits
2010-02-19 22:23:19 from FT.com - Energy Utilities Mining
Utility is to face calls for a competition inquiry into gas prices next week when it reports near-record profits at British Gas

EDF warned of 'massive' reactor bill
2010-02-16 20:54:42 from FT.com - Energy Utilities Mining
France's nuclear safety authority points to the potential cost for the state-owned utility of extending the life of its nuclear reactors in the country beyond 40 years

Global trade bolsters Gas Natural
2010-02-16 15:10:12 from FT.com - Energy Utilities Mining
Spanish energy group unveils 13% year-on-year rise in profits for 2009 as difficult trading conditions and heavy financial charges offset the benefits of consolidating electricity group Unión Fenosa

Cashback card proves a hit for Telecom Plus
2010-02-16 02:43:03 from FT.com - Energy Utilities Mining
The integrated utility services company reports continued customer growth and a successful uptake of its pre-paid MasterCard offer at the end of the third quarter of 2009

Cumbria flood victims lining up suit against United Utilities
2010-02-13 23:54:08 from Utilities - Telegraph
United Utilities is facing a potential mass action suit from up to 100 victims of the Cumbria floods who are unhappy with the water company's defences.

Obama offers nuclear plant loan guarantee
2010-02-13 01:36:58 from FT.com - Energy Utilities Mining
President Barack Obama will next week announce loan guarantees for two new nuclear reactors, the first step in what an administration offiical said would be the first nuclear power plant to be built in the US in three decades

Global drive helps EDF beat market forecasts
2010-02-11 20:42:33 from FT.com - Energy Utilities Mining
Henri Proglio, the new executive chairman of EDF unveils better than expected earnings before interest, tax, depreciation and amortisation of €17.5bn, largely thanks to a year of international expansion

US power groups to merge in $4.7bn deal
2010-02-11 16:55:34 from FT.com - Energy Utilities Mining
FirstEnergy agrees to acquire Allegheny Energy for $4.7bn in an all-stock transaction analysts expect might start a much-needed round of consolidation in the power sector

UK nuclear plants power EDF profits
2010-02-11 16:40:27 from Utilities - Telegraph
The acquisition of eight British nuclear plants has helped French state monopoly EDF to make 12pc more profit.

Pennon upbeat over subsidiary
2010-02-09 23:30:50 from FT.com - Energy Utilities Mining
The utility company says its South West Water subsidiary is to enjoy lower financing costs than those Ofwat had assumed when the regulator set out a five-year pricing regime

European gas pipelines get green light
2010-02-09 23:07:03 from FT.com - Energy Utilities Mining
Gazprom says it expects to start construction of the South Stream pipeline this year and work is due to start on Nord Stream in April linking Russia to the European Union

EDF chairman poised for power struggles
2010-02-09 21:04:25 from FT.com - Energy Utilities Mining
Henri Proglio, the new executive chairman of French utility EDF, has been caught up in a controversy over pay, pension rights and conflicts of interest that have tarnished his first months in the job

Chávez declares electricity emergency
2010-02-09 16:39:31 from FT.com - Energy Utilities Mining
President Hugo Chávez has declared a state of emergency, fearing that Venezuela's chronic electricity shortages could put at risk economic growth and national security

Areva targets solar power with US move
2010-02-08 19:37:14 from FT.com - Energy Utilities Mining
Areva is looking to the sun to fuel its ambitions beyond atomic energy after acquiring a US start-up that will take France's nuclear engineering champion into the solar power market for the first time

GDF may make improved offer for International Power
2010-02-07 18:06:11 from Utilities - Telegraph
French utility group GDF Suez is believed to be planning a sweetened offer for power generator International Power.

Enel gains after fusing Endesa
2010-02-05 01:52:51 from FT.com - Energy Utilities Mining
The Italian electricity utility group said revenues for 2009 reached €64bn, a 4.6% rise on the previous year after fully consolidating Endesa, the Spanish utility it acquired last year

British Gas cuts prices by 7%
2010-02-04 10:57:12 from FT.com - Energy Utilities Mining
Centrica, the owner of British Gas, has announced a cut in gas prices, saving the average residential customer £55 a year after months of complaints from consumer groups

Chloride order book powers ahead
2010-02-03 17:50:43 from FT.com - Energy Utilities Mining
Acquisitions in quarter help drive orders for supplier of back-up energy systems

Subsidies set to spur clean energy boom
2010-02-01 18:58:46 from FT.com - Energy Utilities Mining
Households and businesses that install generating equipment such as solar panels and mini wind turbines will start to receive payments from April

Northumbria shares surge on takeover hopes
2010-02-01 12:09:58 from FT.com - Energy Utilities Mining
Shares in the water group surge after reports suggest that one of its biggest shareholders is thinking about making a bid for the rest of the group it does not already own, which lifted hopes for the rest of the sector

New payments for home power generation
2010-01-31 20:07:26 from FT.com - Energy Utilities Mining
Households and businesses will soon have a far greater incentive to install solar panels and wood-fired boilers and use other forms of renewable energy as the government announces new payments for home energy generation

Canadians to make takeover approach to Northumbrian Water
2010-01-31 18:29:12 from Utilities - Telegraph
Shares in Northumbrian Water are set to rise on reports of a £1.7bn takeover approach from its largest shareholder.

United Utilities sell-off may net £500m
2010-01-30 20:10:40 from Utilities - Telegraph
Private equity firm Charterhouse is frontrunner to splash out £500m on a non-regulated business belonging to United Utilities, the UK's largest listed water company.

India starts partial sell-offs with NTPC sale
2010-01-29 18:58:05 from FT.com - Energy Utilities Mining
India's Congress-led ruling coalition hopes to raise about $2bn through the sale of a 5% stake in state-owned power company NTPC, the first of partial privatisations expected in the coming weeks

Poland's PGNiG signs deal with Gazprom
2010-01-28 17:50:16 from FT.com - Energy Utilities Mining
The Polish utility has reached a gas supply agreement with Russia's Gazprom that extends the current contract until 2037, but also maintain's Poland's reliance on its neighbour

Worst fears evaporate over Ofwat's restrictions
2010-01-26 23:08:36 from FT.com - Energy Utilities Mining
Fears of deep dividend cuts, rights issues and credit rating downgrades for the water industry have not come to fruition

Thames Water accepts regulator's price policy
2010-01-26 21:21:52 from FT.com - Energy Utilities Mining
UK's biggest water company has become one of the last to rule out a challenge to Ofwat's pricing restrictions – a decision that means most of the industry has accepted a regulatory regime

Severn Trent boosted as fall in business use ends
2010-01-26 20:31:14 from Utilities - Telegraph
Severn Trent said a sharp drop in water use by business customers had levelled off and that the fall would have a smaller impact on revenues than expected in the current financial year.

Sarkozy signals EDF head will step down from Veolia
2010-01-25 23:51:08 from FT.com - Energy Utilities Mining
French president says Proglio's controverial dual role as chairman of electricity generator EDF and environmental services group Veolia will last only 'a few months'

Proglio fails to quell disquiet on two jobs
2010-01-23 01:00:40 from FT.com - Energy Utilities Mining
French Socialists want Henri Proglio to give up his non-executive chairman role at Veolia, citing a conflict of interest with his job as EDF executive chairman

EDF chief renounces Veolia salary
2010-01-22 03:07:07 from FT.com - Energy Utilities Mining
Henri Proglio bows to public pressure by letting go of his pay as non-executive chairman of the environmental services group, a decision that will prove a relief to France's finance minister

Dividend surprise at United Utilities
2010-01-22 01:31:07 from FT.com - Energy Utilities Mining
The water, electricity and gas network operator said a smaller-than-expected dividend cut was all that was necessary to deal with the consequences of Ofwat's pricing restrictions

S Korea eyes wider nuclear exports
2010-01-21 23:30:47 from FT.com - Energy Utilities Mining
The nation's nuclear industry, active in its home market for more than three decades, has at last moved on to the world stage after a deal to build reactors in the UAE

United Utilities to cut dividend and jobs
2010-01-21 21:44:23 from Utilities - Telegraph
United Utilities has warned that it will have to lower its dividend by 12.5pc and make more job cuts, after accepting the regulator's decision to reduce customer bills over the next five years.

Questor share tip: United Utilities' flow of dividends will continue
2010-01-21 19:44:54 from Utilities - Telegraph
The latest water group to accept regulator Ofwat's proposals for customer charging and capital expenditure is United Utilities. However, the most important thing for investors was the fate of the dividend - and the news on this front was good.

Areva and EDF spat shows nuclear tensions
2010-01-19 19:54:13 from FT.com - Energy Utilities Mining
The two companies are at loggerheads over a fuel treatment contract and have had to go to the French government to resolve the row

Severn Trent rules out challenge to Ofwat
2010-01-19 19:30:45 from FT.com - Energy Utilities Mining
The water utility has sought to allay concerns that it would have to take drastic action to deal with the consequences of pricing restrictions set by the regulator

Severn Trent to cut dividend 10pc
2010-01-19 18:23:02 from Utilities - Telegraph
A tough regulatory decision has forced Severn Trent, the water company, to warn that its dividend will be 10pc lower this year.

Chinese demand pumps up Aim newcomer
2010-01-19 16:45:05 from FT.com - Energy Utilities Mining
Specialist Energy has raised £4m and with a reverse takeover of Nviro Cleantech is the first newcomer to London's junior market this year

RBS wanted to retain Enron as key client, court told
2010-01-18 22:37:39 from FT.com - Energy Utilities Mining
RBS alleged to have drawn up plan 'like a military operation' in which certain staff in bank's power team were assigned to deal with Enron executives

GDF Suez and International Power end talks
2010-01-18 20:31:22 from FT.com - Energy Utilities Mining
GDF Suez of France and the UK's International Power have abandoned discussions over a partnership that would have created a world-leading electricity group

Iberdrola offloads Petroceltic stake
2010-01-18 20:12:59 from FT.com - Energy Utilities Mining
Electricity supplier scraps partnership to channel some of the oil explorer's Algerian gas assets to the Spanish market

Gulf buries its head in the sand over water
2010-01-18 17:52:48 from FT.com - Energy Utilities Mining
Western usage levels, heavy subsidies and the promotion of agriculture have helped create a looming crisis in the region concerning a crucial resource

Abraaj confronts Pakistan power challenge
2010-01-18 17:28:24 from FT.com - Energy Utilities Mining
Widespread theft and fraud are just some of the problems that make supplying Karachi with electricity a daunting task for the Dubai-based private equity company

GDF-Suez eyes tie-up with International
2010-01-17 22:26:14 from FT.com - Energy Utilities Mining
French and UK energy groups hold talks concerning a partnership on electricty generation

Ofwat ruling puts utility jobs at risk
2010-01-16 21:09:39 from Utilities - Telegraph

Centrica row over union's job cut claims
2010-01-14 21:26:52 from Utilities - Telegraph
Centrica has denied as "untrue" claims by the GMB union that it plans to shed 5,000 jobs at its British Gas subsidiary.

Lack of finance threat to wind power growth
2010-01-08 20:50:07 from FT.com - Energy Utilities Mining
Uncertainty over long-term government support and a shortage of finance risk hampering the expansion of offshore wind power, the industry has warned

Eaga wins £14m Drax contract
2010-01-08 02:00:07 from FT.com - Energy Utilities Mining
The UK residential energy efficiency provider reaches a three-year agreement with Drax Power to help deliver the power generator's entire obligation under the £350m CESP initiative

'Sweat equity' probe tests Ghana's oil jackpot
2010-01-07 23:40:52 from FT.com - Energy Utilities Mining
It is not unusual in the region for governments and foreign oil companies to reward services rendered during the negotiation of oil licences with 'sweat equity'

Saudis keen to address electricity issue
2010-01-04 16:39:07 from FT.com - Energy Utilities Mining
The kingdom is considering a range of measures to slow consumption of its cheap, subsidised power and aims eventually to liberalise the market and allow full competition