energy sector

...now browsing by category

 

Spanish Renewable Energies Technology – A Potential Gateway to the Chinese Market.

Thursday, November 13th, 2008

Elena Laguía, representative for the Spanish Electrical Equipment Manufacturers Association, which is taking part in the “EP China 2008” trade fair in Peking, told the Efe news agency  “Spanish renewable energies technology is a possible door to the Chinese market in this sector.”
Laguía said “Spanish technology in the renewable energies sector is quite good and [...]

SOLBES’S “LEITMOTIV” FOR CRISIS

Friday, October 10th, 2008

1. We are better prepared than ever to tackle the problem.
2. Spain’s exposure to the financial shock is minimal thanks to the solvency of banking and savings institutions
3. The strength of the Spanish economy and the measures that we are going to continue taking will contribute to recovering economic growth ratios close to their full potential from 2010 [...]

National Energy Commission to approve Gas Natural’s purchase of Union Fenosa

Wednesday, September 17th, 2008

The Board of Directors at the National Energy Commission looks set to approve the acquisition of Union Fenosa by Gas Natural on Thursday, according to sources at the regulatory body. They went on to explain that analysis of the operation has focused specifically on whether or not to apply Function 14, where powers are conferred [...]

Iberdrola shares suffer the consequences of its delayed landing in US market

Wednesday, September 3rd, 2008

The decision to postpone the conditions that the regulatory commission will impose on Iberdrola in its purchase of the US Company Energy East by one week have not gone down well with the electrical utilities company, whose shares have plunged by 1.32%, making the company one of Spain’s most bearish shares in the market, with [...]

UBS ramps up its stake in Union Fenosa to 3.15%, through the acquisition of over 7 million shares

Wednesday, September 3rd, 2008

UBS, the Swiss bank, has ramped up its stake in Union Fenosa to 3.151% following the purchase of 7.1 million shares in the electrical utilities company, according to the Spanish Securities and Exchange Commission (CNMV)
This takes UBS’s stake to a total of 28,802 million shares, representing 3.151% of the company, whose President is Pedro Lopez [...]

Iberdrola accepts a ‘golden share’ in Energy East

Monday, August 25th, 2008

The technical analysts at the New York State Public Service Commission are urging the body to maintain the power of veto over Energy East assets in case Iberdrola becomes the object of a hostile takeover bid. In principle the electrical utilities company does not oppose the measure. The New York State Public Services Commission (PSC) [...]