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Germany's Steag ready to bring back 2.3 GW of coal capacity with conditions
Reuters via Yahoo Finance· 2 years agoGerman hard-coal to power generator Steag is ready to bring 2.3 gigawatts (GW) of production capacity into the electricity market for the coming winter if financing, logistics and grid provisions ...
Spain's Asterion to buy German utility Steag for $2.7 billion -sources
Reuters via AOL· 8 months agoFRANKFURT/DUESSELDORF (Reuters) -Spanish infrastructure investor Asterion has agreed to acquire German utility Steag, beating Czech billionaire Daniel Kretinsky to win the asset, sources involved ...
Eskom Will Miss Target to Boost Power Output From Coal Plants
Bloomberg via Yahoo News· 1 year ago(Bloomberg) -- South Africa’s state power utility will miss a target to boost output from struggling...
German government reaches deal on much-debated power plant strategy
dpa international via Yahoo News· 3 months agoGermany's three-way coalition government has laid an internal dispute to rest by agreeing on a...
EUROPE POWER-Spot down as holidays curb demand and coal, wind boost supply
Reuters via Yahoo Finance· 1 year agoEuropean prompt power prices dropped, reflecting a fall in industry demand caused by public holidays on Monday and Tuesday, while coal-fired plants added to supply under schemes devised to combat ...
EUROPE POWER-Spot prices drop with lowering gas contracts
Reuters via Yahoo Finance· 2 years agoPARIS, Oct 24 (Reuters) - European spot power contracts fell on Monday with gas contracts, while wind supply is also expected to drop. "The reason for the spot trading so low is the fact that ...
Buyouts in Europe's German-speaking region fall to pre-pandemic levels
Pitchbook via Yahoo Finance· 7 months agoMultibillion-euro deals fell out of favor in Europe's German-speaking countries as buyouts in the region returned to 2018 levels. This year, the DACH region—which comprises Germany, Austria ...
EUROPE POWER-Forward curve prices rally with gas and carbon costs
Reuters via Yahoo Finance· 2 years ago(Updates prices and adds comment) PARIS, Aug 1 (Reuters) - European forward curve power prices climbed on Monday, with the French front-year and German third and fourth quarter 2023 contracts ...
UPDATE 3-Germany inks LNG deal as chancellor visits Gulf to secure energy
Reuters via Yahoo Finance· 2 years agoGerman utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas to Europe's largest economy by the end of December, RWE announced on Sunday.
NEWSMAKER-Czech tycoon Kretinsky crashes close-knit French elite with Casino bet
Reuters via Yahoo Finance· 7 months agoIn May, Czech billionaire Daniel Kretinsky was invited to the annual "Choose France" summit with top corporate executives. Just over two months later, the 48-year-old sent shockwaves through ...
