Larsen & Toubro Ltd. is in talks to merge its thermal power business with the Indian unit of Singapore-based Sembcorp Industries Ltd., according to people familiar with the matter. The share swap deal will help India’s biggest engineering conglomerate reduce its debt, the people said, asking not to be identifiedRead More →
In October 2008, when Crane was COO, Chicago-based Exelon launched a hostile take-over bid for NRG Energy Inc. NRG was a merchant generation company, which means it sells electricity wholesale in deregulated markets rather than obtaining a regulated return like a traditional utility. The trading generation is more exposed toRead More →
A renewable energy company formed by a team of leading entrepreneurs in the energy sector is launched today, with a commitment of £ 24million from SSE. Renewco Power aims to accelerate the development of clean energy projects by focusing on the deployment of large scale solar and wind farms inRead More →
The lesson we must learn from what happened in Afghanistan is that peace and security are not possible without respect for women’s rights and human rights. Sima Samar, head of the Afghan Independent Human Rights Commission, March 31, 2015, in his office in Kabul, Afghanistan. (AP Photo / Massoud Hossaini)Read More →
During the last years, General Electric (NYSE:GE) divested assets at a brisk pace in an effort to streamline the business, exit less desirable lines of business and shore up its struggling balance sheet. The GE Power unit has been a key target of this restructuring effort, after the segment’s revenuesRead More →
ohu in recent years, General Electric (NYSE: GE) has sold assets at a rapid pace in an effort to simplify the business, pull out of less desirable lines of business and consolidate its struggling balance sheet. The GE Power unit has been a key target in this restructuring effort, afterRead More →