EDF May Be Willing to Part with Atomic Sites for British Energy
EDF, global market leader in atomic power plants, may be willing to put up its U.K. nuclear zones to boost its chances of acquiring British Energy. This information was released to the media by two unnamed sources who were privy ...
by Jenson Brayshaw July 31st, 2008
EDF’s Possible Acquisition of British Energy Concerns MPs
EDF may eventually control UK electricity market if allowed to acquire British Energy. This was cautioned by MPs, stating that healthy competition is essential for a stable and fair market. The Commons Business Select Committee released a document that could ...
by Justin Becks July 29th, 2008
Shareholders to benefit from British Energy sale
Shareholders of British nuclear power group, British Energy, will be offered shares of British Energy's future profits. The move is a clear indication that the company is trying to avoid any roadblocks over its takeover by the French company Electricité de France (EDF). The company's advisers came up with this scheme
by Jason Drew July 27th, 2008
Profits of British Energy rise to £377m
British Energy, Britain's largest power producer stated on Saturday, July 26 that its profits have risen to 377 million pounds during the last nine months. The company made 242 million pounds between the third quarter of last year up to ...
by Emma Young July 27th, 2008
EDF to acquire BE for 12.4 Billion
Nuclear operator British Energy has consented to a takeover by French firm EDF for approximately 12.4 billion pounds, the equivalent of $24.61 billion, according to a source close to the deal. News reports say that EDF has agreed to the terms of the agreement of approximately 775 pence a share with
by Emma Young July 25th, 2008
British Energy and EDF deal in a precarious position
Nuclear generator, British Energy clarified recently that talks were going on regarding its future in the light of a possible bid with EDF continuing through the summer. EDF has started work at land bought close to British Energy's Hinkley Point ...
by Lynnette Adamson July 22nd, 2008
Power production by British Energy falls
British Energy has made the announcement that the production of electricity at the firm has gone down by over seventeen per cent in the second quarter of 2008. Between the first of April and the twenty ninth of June this year, ...
by Lynnette Adamson July 10th, 2008
EDF UK still interested in building nuclear reactors
The chief executive officer of the United Kingdom subsidiary of Electricite de France's or EDF disclosed that the energy giant was still interested in constructing an additional four nuclear power plants in the United Kingdom. He added that they planned ...
by Jenson Brayshaw July 2nd, 2008
British Energy share price rises
The share price of British Energy rose by over two per cent after word started going round that Centrica would get a minority stake in the nuclear energy producer based in Scotland if it is acquired by Electricité de France ...
by Emma Young June 22nd, 2008
Iberdrola still interested in the UK market
Iberdrola the energy utility from Spain has admitted that it was still interested in developing nuclear power plants in the United Kingdom even though it had pulled out of the bidding for British Energy. Jose Luis del Valle, who only recently retired as ScottishPowers chief executive officer and succeeded by Nick
by Emma Young June 17th, 2008
Joint venture possible for British Energy
An outright acquisition may now be out of the question for British Energy after the energy utility disclosed that it may opt for joint venture. British Energy which generates approximately a sixth of the electricity consumed in the United Kingdom has ...
by Justin Becks June 16th, 2008
