EDF likely to win bid
EDF, the government-controlled energy utility of France is likely to get the go ahead to take over Britain’s number one nuclear energy generator within a span of two weeks. The deal is likely to be announced in the course of the ...
by Lynnette Adamson June 9th, 2008
Suez withdraws bid for British Energy
The French energy company, Suez has announced the withdrawal of its bid for British Energy. The French energy giant revealed that the bid had failed due to unsuccessful plans to merge with Gaz de France, which is a gas supplier in ...
by Lynnette Adamson May 28th, 2008
Garman Company Attempts Takeover of British Energy
RWE, a German utility, has attempted to take over British Energy, according to reports. The approach, for £11bn, is valued at almost 700p per share for the UK's struggling nuclear operator. Further, the offer would value the UK ...
by Justin Becks May 20th, 2008
British Energy Has One Bidder
Despite the fact that British Energy has only raised one bid, the Government is refusing to allow any one entity to hold sole ownership. Even if that means splitting up the reactor sites, the Government still finds this preferable, ...
by Samantha Donovan May 19th, 2008
Ineos in electricity deal with British Energy
The petrochemicals company, Ineos, is holding discussions with British Energy concerning an electricity deal that would assist in funding a new generation of nuclear power plants in the United Kingdom. The petrochemicals giant has been holding talks ...
by Tessa Clarke May 7th, 2008
UK nuclear power plans proceed
The government has said that firms interested in constructing new nuclear power plants in the United Kingdom must produce evidence showing that advantages accruing from using their reactors outweigh the potential health risks associated with nuclear energy. While the nuclear regulatory authority will review the suitability of the four designs already
by Emma Young April 4th, 2008
British Gas Hikes Rates by 15%
Centrica, the UK’s largest energy supplier, will raise its gas and electricity rates an average of 15% effective immediately. This will affect an estimated 13 million British Gas customers. The company is following the lead of EDF and Npower, its rival ...
by admin January 23rd, 2008
