The Board of IBERDROLA has today made the proposal to the subsidiary, which will analyze it over the next few days. Attractive conditions proposed for transaction structure and pricing: * 16.7% premium over average share price of past 6 months (€2.978 per share) * 2.7% premium over exchange equation
The Board of IBERDROLA has today made the proposal to the subsidiary, which will analyze it over the next few days. Attractive conditions proposed for transaction structure and pricing: * 16.7% premium over average share price of past 6 months (€2.978 per share) * 2.7% premium over exchange equation
At the presentation of E.ON’s 2010 results, E.ON CEO Johannes Teyssen announced that the company has already reached several milestones in implementing its new strategy. By selling its Gazprom stake, gas network in Italy, and power network in United Kingdom and by concluding other transactions, E.ON
Results from two wells drilled by Statoil in association with the Dagny and Ermintrude discoveries in the North Sea will be important in choosing a development concept and further planning. An exploration well on the Dougal prospect found only traces of hydrocarbons in the Hugin formation, and has b
The European Investment Bank (EIB) is providing a EUR 80 million loan to finance the construction and operation of Germany’s first … (iewy) [mappress] Source: iewy , March 09, 2011;
The European Investment Bank (EIB) is providing a EUR 80 million loan to finance the construction and operation of Germany’s first … (iewy) [mappress] Source: iewy , March 09, 2011;
Ensco plc announced that it has priced an underwritten offering of $1 billion principal amount of 3.25% senior unsecured notes due 2016 and $1.5 billion principal amount of 4.70% senior unsecured notes due 2021. The offering of notes was made pursuant to an effective shelf registration statement and
DONG Energy, E.ON and Masdar today (8th March) announced that the first of 177 foundations has been installed at the London Array Offshore Wind Farm, in the Thames Estuary. The monopile, weighing 268 tonnes – the equivalent of around 35 double decker buses – was supplied and installed by joint ventu
National Grid LNG Storage has announced it is to withdraw the remaining stocks of liquefied natural gas from its LNG storage facility at Partington near Manchester. The volume of gas remaining at Partington represents only about one per cent of current GB storage stocks. National Grid’s LNG storage
Federal Germany’s Ministry of Economics and Technology State Secretary Bernd Pfaffenbach said that Germany was in the final stages of import… (thepeninsulaqatar) [mappress] Source: thepeninsulaqatar, March 8, 2011;
IHC Merwede, a Dutch supplier of ships and equipment for dredging and mining activities, and DEME, a Belgian dredging and environmental services group, will enter into a joint venture for deep-sea mining activities. Under their cooperative agreement, IHC Merwede will be responsible for the developme
AMBAU GmbH has received its first complete order for offshore foundations. This is the largest individual order in the history of the company. Bremen: With AMBAU GmbH having already demonstrated its expertise as a supplier of main components for the foundations of the projects Global Tech 1 and Bork
Yemen an TOTAL have discussed the reconsideration of the price of purchasing power for Yemeni LNG under the previous contract the government… (sabanews) [mappress] Source: sabanews, March 8, 2011;
Port operator International Container Terminal Services Inc. (philstar) [mappress] Source: philstar, March 8, 2011;
