Posts Tagged ‘transmission’
30 January 2012
Swiss electronics giant ABB and US low voltage specialist Thomas & Betts have agreed to a transaction through which ABB will acquire Thomas & Betts for $72 a share, or around $3.9bn.
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28 December 2011
Japanese infrastructure giant Mitsui & Co has made a $12m equity investment into US smart grid project the Tres Amigas SuperStation. Mitsui will also participate in the venture.
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21 December 2011
Colin Green, previously head of offshore transmission policy of UK regulator Ofgem, has joined Swiss engineering giant ABB.
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20 December 2011
UK energy regulator Ofgem has called for industry feedback on proposals to change the formula that sets transmission charges for electricity producers using the high voltage grid.
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20 December 2011
A joint venture between US energy company Duke and grid developer American Transmission called DATC has acquired the 3,000MW Zephyr Power Transmission project.
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20 December 2011
Finish utility Fortum has agreed to sell its Estonian electricity and transmission business Fortum Elekter to fellow Finnish energy company Imatran Seudun Sähkö for an undisclosed price.
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14 December 2011
US infrastructure developer the Fluor has signed a memorandum of understanding with Plains and Eastern Clean Line for the provision of preliminary engineering, procurement and construction services on a planned 3,500MW, 800 mile transmission line from Oklahoma to Tennessee.
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28 November 2011
The battle to be the lead in Europe’s high-voltage transmission sector is hotting up with both ABB and Siemens taking a lead.
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24 November 2011
Spanish energy company Iberdrola has secured a €200m loan from the European Investment Bank to fund the modernisation of Spain’s electricity distribution network.
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18 November 2011
Irish network operator the Energy Supply Board has secured a €235m loan from the European Investment Bank as part of a strategy to develop a smarter and more sustainable electricity infrastructure in Ireland.
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31 October 2011
Energy Investors Funds, a private equity fund manager that invests in the US energy and electric power sectors, has closed its eighth fund with $1.71bn in commitments.
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28 October 2011
Transmission developer Clean Line Energy Partners has formed an agreement with the Tennessee Valley Authority to improve system reliability and enhance the potential for the integration of renewable energy.
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14 October 2011
German consumers are set to pay more towards the promotion of renewable energies than previous years, according to a 2012 forecast from the four main transmission system operators.
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21 September 2011
German engineering giant Siemens has delivered high-voltage direct-current technology to that allowed Red Eléctrica de España to link Mallorca with the Spanish mainland via an electricity highway laid in the Mediterranian, allowing the flow of clean energy.
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7 September 2011
Chinese transmission and wind turbine manufacturing company A Power has received a determination letter from the New York-based Nasdaq stock exchange indicating that the companies securities are no longer warranted.
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6 September 2011
RWE has completed the previously announced sale of a 74.9 percent share in transmission systems operator Amprion to a consortium of institutional investors.
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18 August 2011
UK energy company ScottishPower has submitted proposals to the energy regulator Ofgem for £3bn of planned investment into Scotland’s high voltage transmission network.
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4 August 2011
With the majority of its business derived from the global wind energy sector, Nasdaq-listed power technologies company American Superconductor Corporation aims to tap into to the growth drivers within this increasingly dynamic sector.
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2 August 2011
Siemens Energy has partnered with Italian cable manufacturer Prysmian to erect HelWin 2, an underwater cable that will run between the North Sea offshore wind farm Amrumbank West and the mainland in Germany. The connection is scheduled to be operational by 2015.
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26 July 2011
Transmission system operator National Grid has announced in an interim management statement that it will invest £3.6bn in its businesses for the 2011 to 2012 financial year.
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