Company news - Page 4Stay up to date with the latest Company news updates from the global modern power systems industry
Advent acquires GE’s distributed power business
GE has signed an agreement to sell its Distributed Power business unit to Advent International for $3.25 billion. T
Langage power plant sold to EPH
Langage power station in Devon, UK, has been sold as part of a £318million deal.
Orsted initiates sale of Danish retail unit
Orsted has announced plans to sell its power distribution and retail sales business in Denmark.
State utility buys Estonian wind developer
Estonian state utility Eesti Energia has sealed a deal to buy Nelja Energia, one of the largest renewable energy operators in the Baltic region.
China Three Gorges makes EDP bid
Energias de Portugal has rejected a takeover bid for its outstanding shares from China Three Gorges (Europe) SA.
LOC's MWS breakthrough in China
LOC is to carry out marine warranty services for the second phase of the Pinghai Bay offshore wind farm in China.
E.On expands onshore activities in Germany
E.On reports that it has taken over the activities of Vortex Energy in order to help it expand its onshore wind energy portfolio in Germany.
Siemens Gamesa continues to grow
After three consecutive quarters of growth in order intake, the company's order backlog has reached €22 041 million and is back to market-peak levels of March 2017.
Acciona plans $600 investment in Chilean renewables
Acciona Energia has announced plans to build two new photovoltaic plants and two wind farms in Chile with a total capacity of around 400 MW.
Invenergy files lawsuit against Polish government
US energy company Invenergy has filed a lawsuit in an international arbitration court seeking damages from the Polish government over its treatment of wind farm ventures.
Lightsource launches India infrastructure fund
Lightsource BP has teamed up with Everstone Group to invest in green energy projects in India.
Statoil proposes name change
Norwegian oil major Statoil has proposed changing its name to Equinor in order to reflect its efforts to become a broad energy company.
RWE and E.ON reorganise amid huge mutual asset swap
As part of a far reaching exchange of assets and businesses E.ON and RWE agreed on 12 March that RWE would transfer its entire stake of 76.8 % in innogy to E.ON.
Hawaii kicks off renewable energy search
Hawaiian Electric has launched the procurement process for new, grid-scale renewable energy projects.
Skyline targets 3 GW in North America
Ardian Infrastructure and Transatlantic Power Holdings (TPH) have announced plans to team up to develop renewable energy projects in North America.
Vattenfall plans expansion of its solar portfolio
Vattenfall is to invest around €100 million in large-scale solar energy over the next two years as part of its plans to become fossil fuel-free.
Vattenfall forms alliance in French wind market
Vattenfall is taking a further step into the European wind energy market by forming an alliance to prepare it for bidding for an offshore wind tender in France.
Board changes at Ansaldo following resignation of the CEO
Filippo Abba’ has resigned as CEO of Ansaldo Energia, resulting in a shake-up of the Board.
Engie expands US portfolio with Infinity acquisition
Engie North America has expanded its presence in the USA with the acquisition of wind power developer Infinity Renewables.