Italian energy giant Ansaldo Energia says its acquisition of Alstom's GT 26 and GT36 gas turbine assets and technology, as required by European regulators, will allow the company to increase…
merger
Following regulatory approval of a $10.6 billion transaction in over 20 countries and regions, GE's acquisition of Alstom's energy activities is now complete. GE and Alstom sealed the deal first…
European Union (EU) officials have approved General Electric's (GE's) $9.5 billion acquisition of Alstom's power business, but conditions to which the two companies agreed to cement the deal will drastically…
The final hurdle for Exelon Corp.’s purchase of Pepco Holdings Inc. (PHI) became the ultimate stumbling block, as the Public Service Commission of the District of Columbia (DCPSC) could not…
Southern Co. and AGL Resources—the largest natural gas–only distribution company in the U.S.—have agreed to merge in a deal that will make AGL Resources a wholly-owned subsidiary of the giant…
France's state-owned utility EDF will snap up between 51% and 75% of troubled nuclear giant AREVA's reactor business in a possible $2.96 billion deal. While the French government owns about…
As part of a remedy package to appease the European Commission, Alstom will accept $331 million less than the original $13.63 billion purchase price offered by General Electric (GE) to…
NextEra Energy’s $4.3 billion bid to buy Hawaiian Electric Industries faces big, perhaps insurmountable, obstacles before the Hawaii Public Utilities Commission, which opened the record on the deal last week.…
Ontario's four largest local electricity distribution companies are working to form a large new utility Enersource Corp., Horizon Utilities Corp., Hydro One Brampton Inc., and PowerStream Inc. have made a…
NextEra Energy Inc. and Hawaiian Electric Industries Inc. (HEI)—two companies with substantial renewable energy resources—agreed on Dec. 3 to combine in a transaction valued at roughly $4.3 billion. Currently, NextEra…