The European Commission (EC) has approved E.ON’s takeover of German energy company innogy...
European Commission approves E.ON takeover of innogy
The European Commission (EC) has approved E.ON’s takeover of German energy company innogy from its parent company RWE in a deal that RWE value at over €40bn.
India’s Tata Power to exit South African joint venture Cennergi
Khopoli Investments, a fully-owned subsidiary of Tata Power, has signed an agreement with South Africa-based coal producer Exxaro Resources for the divestment of its complete 50% stake in Cennergi, a South African joint venture, for ZAR1.5bn ($106m).
Unilever reaches target of 100% renewable energy use
Consumer goods company Unilever has announced that all its facilities and offices located across five continents are now completely powered by renewable grid electricity.
Senvion to sell selected onshore assets to Siemens Gamesa
Senvion has announced that it has entered into a non-binding exclusivity agreement with Siemens Gamesa Renewable Energy (SGRE) to sell its European services and onshore assets.
Power industry deals interview: Weak pound yet to impact M&As
An interview with management consultancy firm Berkeley Research Group’s managing director Neil Cornelius on the key issues driving mergers & acquisitions in the UK power sector.
Ingka purchases 80% stake in Romanian wind farms from Vestas
IKEA’s parent company Ingka Group is said to have acquired an 80% stake in seven wind farms in Romania from the Danish wind turbine manufacturer Vestas.
Thrive Renewables: investment crucial to reach 2050 net-zero targets
Thrive Renewables launched its 25th-anniversary report, stating the importance of investments in helping the UK reach its 2050 net-zero emissions targets.
Duke Energy buys Rambler solar project from Recurrent Energy
Duke Energy subsidiary Duke Energy Renewables has acquired the 200MWac/266MWp Rambler solar project in the US from Canadian Solar’s subsidiary Recurrent Energy.
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