News

Please refer to the PDF Document below to view the article on the biofuels market by EIC's Alvaro Gaya, which was published in the "B2B-Magazin" in December 2007.

The Extraordinary General Meeting of EIC Electricity SA will take place on December 13, 2007 in Geneva. Please refer to the attached PDF document to view the invitation to the meeting in German and French languages.

French wind developer Theolia recorded a net profit of EUR 6.3 million in first half 2007, compared to a loss of EUR 4.1 million in the first semester 2006.

In Europe, many of the large cap utilities reported first half-year results during August. RWE grew its operating profit by 18% and increased the full year growth outlook from 10% to 15%.

"Higher prices needed - not lower ones" is the headline of the latest edition of Montel's "Powernews" periodical.

The North American Electric Reliability Corporation (NERC) issued its annual summer outlook for the U.S. power system.

Offshore wind developments are gaining momentum: Royal Dutch Shell and Dutch utility Nuon have started commercial operations at a 108 MW wind farm offshore the Netherlands.

The EU heads of state and government agreed on a binding 20% target for renewable energies in overall EU energy consumption by 2020. Please refer to the PDF Document below to view the full monthly report for the EIC Renewable Energy Fund.

The annual general meeting of EIC Electricity SA will take place on May 2, 2007 in Geneva. Please refer to the PDF documents below for full details.

EIC Electricity SA (“EIC”) has completed its first investment in line with its investment strategy adopted in 2005. The investment consists of stakes in eight power generating and power distribution companies in the Ukraine. The transaction value is USD 2.2 million, equivalent to 11% of the Net Asss...