Contracts and deals - Page 1

PPC receives bids in bailout sale
Thursday, March 21, 2019 by A tender for the sale of three coal-fired power plants in Greece has attracted six expressions of interest.

Orsted halts the sale of its distribution business
Monday, January 21, 2019 by Orsted has discontinued the sale of its Danish Power distribution business following the decision by the country’s government to withdraw its support for the move.

Hitachi to  acquire ABB's power grids business
Saturday, December 22, 2018 by Hitachi is to acquire ABB’s power grids business for an after-debt consideration of US$ 6.4 billion.

Vestas wins 442 MW order
Monday, June 25, 2018 by Xcel Energy has placed an order with Vestas for 442 MW of wind turbine capacity for installation in a number of projects in the USA.

Sembcorp swoops on UKPR
Friday, June 08, 2018 by Singaporean industrial firm Sembcorp has reached an agreement to acquire UK Power Reserve (UKPR), a UK-based flexible energy generator.

Alstom and GE to implement joint venture options
Friday, May 11, 2018 by Alstom and GE have signed an agreement relating to the implementation of agreements from 2015 regarding the intended exit of Alstom from three energy Joint Ventures.

Aquila targets energy transition with new fund
Thursday, March 29, 2018 by Investment firm Aquila Capital has launched a new investment fund targeting assets that are essential to Europe’s energy transition.

Denham and Themis join forces for investment
Wednesday, March 07, 2018 by Denham International Power and Themis have joined forces to create a new platform for investing in natural gas and renewable power generation assets in Africa.

EDF Polish sale approved
Monday, October 16, 2017 by Authorities in Poland have approved the purchase of EDF’s Polish assets by power firm PGE, subject to certain conditions.

Enel and E.On test blockchain trading
Monday, October 16, 2017 by European utilities Enel and E.On say they have traded electricity for the first time via a new marketplace that uses blockchain technology.

Karpowership places large engine order
Friday, July 14, 2017 by Turkish energy company Karpowership has placed an order with MAN Diesel & Turbo for a total of 38 type 51/60 engines.

STEG signs EPC contract
Friday, June 30, 2017 by Société Tunisienne de l'Electricité et du Gaz (STEG) has signed an EPC contract with Mitsubishi Hitachi Power Systems and Sumitomo for the construction of a 450 MW gas-fired...

Sterling & Wilson wins Sweihan contracts
Friday, June 30, 2017 by The Abu Dhabi Water and Electricity Authority (ADWEA) has awarded India’s Sterling and Wilson two contracts for the Sweihan solar power project.

The European Commission is investigating EDF-Areva deal 
Friday, May 12, 2017 by The EU’s antitrust (monopolies) regulator, the Commission for Competition, is investigating French utility EDF's bid for a majority stake in Areva's nuclear arm.

GE & Caithness make $1bn H-class deal
Thursday, March 09, 2017 by

State Grid confirms CPFL deal
Sunday, July 10, 2016 by China's State Grid Corporation says it is to buy a majority stake in CPFL Energia, one of Brazil's largest privately-owned power generation and distribution companies.

Vattenfall sells German lignite operations
Wednesday, April 20, 2016 by Vattenfall has signed an agreement worth SEK33 billion to sell its lignite operations in Germany to Czech firm EPH.

Power industry deal value continues to decline
Thursday, April 07, 2016 by The global power industry saw 2855 deals worth just over $610 billion occur in 2015, representing a decrease of 17% in the number and 8% in deal value compared to 2014.

E.On, RWE sell Enovos stakes
Thursday, December 24, 2015 by Luxembourg and investment company Ardian have signed an agreement with E.On and RWE to purchase the German utilities' shares in Enovos International.