News

11/06/2006

According to a report from Capgemini, European reserve margins were 1% lower in 2005 than in 2004, reflecting the difficulty to build new generation capacities.

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10/18/2006

M&A activity again took center stage in Europe as Spanish construction companies Acciona and ACS continued their forays into the utility sector.

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09/08/2006

In August, EDF launched a takeover of the minorities in its Hungarian subsidiary Demasz for EUR 109 million.

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09/07/2006

Please refer to the PDF document below to view the Inteview with EIC's managing director Dominique Candrian, which appeared in "L'Agefi" on September 4, 2006.

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08/15/2006

EIC Electricity SA (EIC) announces that it has entered into a formal sale and purchase agreement with Petrobras Brasileiro SA for EIC’s 2% interest in Termobahia Ltd, the Brazilian independent power generator.

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08/08/2006

During July, heat waves in Europe and the U.S. resulted in new power demand records in many regions. German spot baseload traded as high as 300 EUR/MWh and the Swiss Electricity Price Index hit 340 EUR/MWh. Given the good hydro storage levels in the Alps, this bodes well for utilities with large hyd...

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08/02/2006

Please refer to the PDF document below to view the article, which appeared in "Finanz und Wirtschaft" on August 2, 2006.

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07/27/2006

Please refer to the PDF Document attached to view the article, which appeared in "Cash" on July 27, 2006.

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05/09/2006

Corporate activity remained high among European Utilities. International Power acquired a Texas coal-fired plant for USD 1.1 billion, getting itself positioned to benefit from an increasingly tight Texas power market.

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04/06/2006

The Annual General Meeting of EIC Electricity SA will take place on May 4, 2006. The meeting will be held at 11:00 a.m. at the Credit Suisse Forum, Rue de Lausanne 17 in Geneva. Please refer to the attached PDF to view the agenda in German or French language.

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