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Dynegy, Energy Capital to buy Engie's U.S. power plants

2016-02-25 15:29:52| Electronics - Topix.net

Falling demand for electricity in the United States due to increased energy efficiency has led to a spate of mergers as utilities look to cut their exposure to unregulated markets, where prices are volatile. The deal will give Dynegy presence in the Texas market, which is currently controlled by grid operator Electric Reliability Council of Texas .

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Dynegy, Energy Capital to buy Engie's U.S. power plants

2016-02-25 15:00:41| Semiconductors - Topix.net

Falling demand for electricity in the United States due to increased energy efficiency has led to a spate of mergers as utilities look to cut their exposure to unregulated markets, where prices are volatile. The deal will give Dynegy presence in the Texas market, which is currently controlled by grid operator Electric Reliability Council of Texas .

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UPDATE 1-Dynegy, Energy Capital to buy Engie's US gas-fired thermal plants

2016-02-25 11:40:56| Oil & Gas - Topix.net

Feb 25 Electric power company Dynegy Inc said it will form a joint venture with Energy Capital Partners to buy French utility Engie's U.S. gas-fired thermal plants worth $3.3 billion. A deal with Engie, which is expected to generate about $90 million in annual synergies for the joint venture, will help establish Dynegy's presence in the Texas ERCOT market and increase its natural gas and combined cycle fleet.

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Beijing Enterprises to buy Germanys EEW Energy from Waste for 1.4bn

2016-02-05 01:00:00| Power Technology

Beijing Enterprises Holdings (BEHL) has entered into an agreement with EQT Infrastructure II (EQT) to acquire German-based EEW Energy from Waste (EEW), for approximately 1.4bn.

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Linn Energy LLC (LINE) Upgraded to "Buy" at Zacks Investment Research

2016-01-23 17:35:19| Energy - Topix.net

The firm presently has a $1.50 target price on the stock. Zacks Investment Research 's price target would suggest a potential upside of 17.19% from the company's current price.

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