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- GDF Suez and Iberdrola team up to bid for nuclear power sites in the
- GDF Suez and Iberdrola are the latest European energy giants to join forces in the hope of securing a slice of the UK's multibillion- pound nuclear renaissance. The joint venture between the two companies - which are French and Spanish, respectively - will be bidding for sites being...
- Research articles 2009-02-05
Additional Resources
- GDF Suez lands deal with Santos
- GDF Suez will lead the 60-40 joint venture to develop a floating LNG plant with an estimated capacity of 2 million tons per year from the Petrel, Tern and Frigate natural gas fields. Under the terms of the deal, Santos sells 60 percent of its interest in the offshore gas...
- News items 2009-08-19
- GDF Suez buys US power company First Light
- PARIS AFP — Newly formed French energy giant GDF Suez said on Tuesday it will acquire US power firm First Light as part of its strategy to expand its presence in the US market. GDF Suez did not give a price for the acquisition but daily Le Figaro reported...
- Research articles 2008-09-02
- GDF Suez buys US electric company First Light: report
- PARIS AFP — New French energy giant GDF Suez was to announce Tuesday the acquisition of US electricity producer First Light, the daily Le Figaro reported, publishing an interview with GDF Suez CEO Gerard Mestrallet. The takeover would cost 1.3 billion euros, or 835 euros per kilowatt, the paper...
- Research articles 2008-09-01
- GDF/SUEZ MERGER SHOWDOWN
- Europe Information 09-04-2006 The Gaz de France GDF Board has challenged all of the European Commission's grievances concerning its proposed merger with Suez, CGT trade union representatives indicated following a meeting of the Board of Administration on 1 September. The meeting was ordered by the courts. The previous...
- Research articles 2006-09-04
- GDF Suez reports solid earnings rise
- PARIS AFP — New French energy giant GDF Suez said Monday its first half net profit and sales rose by double digits, allowing it to confirm its forecasts for the year. The company, formed in a government promoted merger between Gaz de France and environmental services group Suez, said...
- Research articles 2008-09-01
- GDF, Suez unveil top posts of future merged entity
- PARIS AFP — The heads of French energy groups Gaz de France GDF and Suez said they had agreed on how to run their combined group once its merger is complete and sought to reassure markets regarding the deal's timetable. Suez chief executive Gerard Mestrallet is to be chairman and...
- Research articles 2006-10-30
- Suez-GDF tie-up an 'excellent scenario': IEA chief
- PARIS AFP — A takeover of state-controlled Gaz de France by the private energy and utilities group Suez would be good for Europe and for France, IEA executive director Claude Mandil has said. "I think it would be an excellent scenario, not only for Gaz de France and for...
- Research articles 2006-07-05
- GDF, Suez reach accord with Belgium on planned merger
- BRUSSELS AFP — French energy group Suez and Belgian Prime Minister Guy Verhofstadt have reached an agreement in principle on concessions that would be made to the Belgian state by Suez as part of its planned merger with French gas group GDF, a government spokesman told AFP. The agreement is...
- Research articles 2006-10-04
- Breton's battle; Gaz de France and Suez.(Thierry Breton)
- The GDF-Suez merger faces both political and commercial obstacles THIERRY BRETON did not go on holiday this summer. The French finance minister sacrificed his break to an ambitious task: unifying his ruling centre-right UMP party behind the controversial plan to merge Suez, a formerly...
- Research articles 2006-08-26
- France to take 'golden share' in GDF-Suez
- PARIS AFP — The French state will take a so-called "golden share" in the to-be-merged energy group of Suez and Gaz de France to prevent sales of GDF assets like gas infrastructure, Finance Minister Christine Lagarde said on Wednesday. A golden share gives the holder veto rights in certain...
- Research articles 2007-09-19
- Court rejects bid to delay key step in GDF-Suez merger
- PARIS AFP — A Paris court on Friday rejected a request from a French union leader to suspend a meeting next week seen as crucial to the takeover of state power group Gaz de France by energy utility Suez. Eric Dulon, secretary of the GDF works council and a...
- Research articles 2008-05-23
- EU examines GDF-Suez deal amid calls for protests in France
- BRUSSELS AFP — The European Commission began examining proposals from French energy groups Gaz de France and Suez aimed at removing competition concerns over their planned tie-up. Just before a Wednesday midnight deadline, Suez and GDF came up with a raft of proposals to satisfy the EU competition authorities, including...
- Research articles 2006-09-21
- New threats to GDF-Suez merger revealed
- PARIS AFP — A planned merger of French gas utility GDF and private energy group Suez faced fresh complications following a report that French tycoon Francois Pinault and Italian group Enel had prepared a multi-billion-euro offer that would derail the deal. A report in the newspaper Les Echos that Pinault...
- Research articles 2006-10-12
- GDF-Suez group expects 10-bln-euro annual investment 2008-10
- PARIS AFP — The to-be-merged energy group of Gaz de France and Suez expects to invest 10 billion euros a year between 2008 and 2010, and see its operating profit grow by 10 percent in 2008, to 17 billion by 2010. In a joint statement, the two groups, which...
- Research articles 2007-10-15
- GDF-Suez merger to be finalised in December: Breton
- PARIS AFP — French Finance Minister Thierry Breton has underscored the government's determination to conclude a volatile merger of state-controlled Gaz de France GDF and the energy and utilities group Suez, saying the deal should be finalised in December. "The calendar that has been fixed is one which should...
- Research articles 2006-06-19
- High tension; Gaz de France and Suez.
- Is the GDF-Suez merger on the rocks? THE odd tiff is normal with a project of such dimensions, said Gerard Mestrallet, the boss of Suez, a formerly state-owned French water and power company, in a joint interview on October 17th with Jean-Francois Cirelli, boss...
- Research articles 2006-10-21
- European energy giants GDF, Suez plan merger with France holding key stake
- PARIS AFP — French utility giant Suez and state-owned Gaz de France GDF have hammered out the details of a merger, to fend off a potential takeover bid from an Italian group, with the French state holding a key stake in the new company, sources said. The merger was...
- Research articles 2006-02-26
- French government approves bill on GDF-Suez alliance
- PARIS AFP — The French government has approved a bill to go before parliament allowing private energy and utilities group Suez to absorb state-controlled Gaz de France GDF. The plan, which has run into opposition from members of parliament who back the government, would create a world giant worth...
- Research articles 2006-06-28
- EU gives France two weeks to explain GDF-Suez deal
- BRUSSELS AFP — EU Internal Market Commissioner Charlie McCreevy has given Paris two weeks to respond to his concerns about the Gaz de France and Suez merger. The merger has stoked controversy over perceived French protectionism because Rome believes that a plan for Gaz de France, controlled by the...
- Research articles 2006-03-03
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