DUBLIN (Reuters UK) - Irish oil and gas explorer Petroceltic PCI said on Monday that Spanish power company Iberdrola IBE had agreed to buy a 22.64 percent stake in it for $55 million. "In addition, under a two year option agreement, Iberdrola can invest a...
MADRID (Reuters UK) - The world's largest onshore wind farm owner, Iberdrola Renovables IBR, posted first-half net profit up more than fourfold on Wednesday thanks to the incorporation of wind energy assets from Scottish Power. Net profit was 194.2 million euros (153 million pounds) on ...
CEZ is bidding against E.ON, Gaz de France and Romania’s Petrom for a wind farm in Romania-owned Polish investment fund Continental Wind Partners, and says it will invest EUR800m (USD1.3bn) in developing the project if it is successful. The Czech utility wants to increase the farm’s capacity from 345MW...
