RWE invests £6m in Quiet Revolution
RWE, a German energy company which owns npower, is investing £6m for a minority stake in Quiet Revolution, a wind turbine maker company of Britain. Quiet Revolution is expert in small-size, vertical-axis turbines which can be conveniently set-up in buildings. Their frontline turbine, called QR5, is capable
by Jenson Brayshaw September 3rd, 2008
Energy companies should maintain more transparency
The Business Secretary, John Hutton has said that the Britain's major energy suppliers should be transparent on, how much profits they are making from the energy supply and power generation arms. He urged to Ofgem, the power regulator that there is need of transparency in the financial records of big
by Samantha Donovan August 19th, 2008
Centrica eyeing British Energy
Gas and electricity giant Centrica is said to be eyeing nuclear power company British Energy. British Energy has been in talks with several corporate for potential merger. Prominent contenders include Spain's Iberdrola, Germany's RWE and France's EDF. Last week EDF came close to sealing the deal when it made a cash
by Jason Drew August 4th, 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 the hands of the government of France. Suez had emerged
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 Alf Stephens 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
