Germany's E.ON hires Citi to advise on asset sale
Germany's E.ON hired Citi to advise a sale of its assets in Spain, said sources familiar with the matter who told Reuters.
Utilities
British Gas Yet to Compensate Customers Affected by Forced Prepayment Meter Installations
UK Energy Secretary Claire Coutinho criticizes slow and insufficient compensation payouts for forced prepayment meters, amid revelations that only 1,500 out of 150,000 cases are receiving redress.
How J. Prevost's Tucker Hill Air, Plumbing & Electric Uses Customer-Centricity in the Service Industry
Research shows that companies with a strong customer-centric culture are 60% more profitable compared to their competitors. This highlights the financial benefits of prioritizing customer satisfaction..
Oil Prices Expected to Rise as Israel Responds to Iran's Missile, Drone Attack
A potential increase in oil prices is expected following the recent attack on Israel by Iran, although the extent of possibilities gains hinges on the response...
Russia Seeks Emergency Gasoline Supply From Kazakhstan as Ukraine Aims Drones at Oil Refineries: Report
Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries...
Japan Power Producer to Substitute Coal with Ammonia in Reducing Carbon Emissions
Jera Co., Japan's top power producer, launches a pioneering project to...
Biden Administration to Provide $1.5 Billion Loan to Reopen Michigan Nuclear Power Plant, a First in the US
Officials in southwestern Michigan has announced that a nuclear power ...
Latest News
Blackstone Energy Partners pairs with veteran management team for Global Water Development Partners
Blackstone's energy-focused private equity business has collaborated with veterans of the water industry to create Global Water Development Partners, a water investment and development platform.
Star Energy Partners receives investment to expand in Ohio and give more competitive rates
Electricity and energy-related products provider Star Energy Partners has received an undisclosed investment amount from an unnamed investor to allow it to expand its operations.
CORRECTED-Threat of drought and increasing population prompt water tech to slowly come out of the shadows
Water technology investments have not been popular, but the threat of drought and concerns about a fast-growing population has started a slow change in this area, Gigaom reported.
California-based AutoGrid Systems closes Series C funding with $12.75M
A group of strategic investors which included European utility company E.ON., Foundation Capital and Voyager Capital, led the Series C funding round for AutoGrid Systems which raised $12.75 million.
VC Funding in Smart Grid Reaches $405 Million in 2013, Reports Mercom Capital Group
Mercom Capital Group, llc released its report on funding and mergers and acquisitions (M&A) activity for the smart grid sector for 2013.
Canadian utility firm Aquatera acquires Watchorn
Grande Prairie-based municipal utility firm Aquatera Utilities Inc acquired Fairview-based industrial water and wastewater services provider Watchorn Rentals Ltd for an undisclosed amount as part of i
Sweden's Vattenfall Europe AG to divest 74.9% stake in power grid back to Hamburg- report
Vattenfall Europe AG will be selling back to Hamburg the 74.9% stake it holds in the city's power grid operator after the citizens agreed on a repurchase, a Bloomberg report said.
Black Hills Corp to acquire Wyoming gas utility assets in $6M deal
South Dakota, US-based energy firm Black Hills Corp inked a deal to acquire gas utility MGTC's gas transmission and distribution utility assets in northeastern Wyoming in a deal valued at $6 million.
Australia's NSW government down to three bidders for Macquarie Generation
Chinese conglomerate Shenhua has dropped out from the bid for New South Wales (NSW) power generator Macquarie Generation (MacGen), leaving only three bidders, according to a report.
