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Electric Utilities

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Guangxi Guiguan Electric Power to merge with electric power investment unit

Thursday, 14 Dec 2017

Dec 14(Reuters) - Guangxi Guiguan Electric Power Co Ltd <600236.SS>:Says it plans to merge with Shandong-based wholly owned electric power investment unit.Says unit will be dissolved after merger .

Admie Ipto Says Due To Management Reshuffling Between Parent And Affiliate Ipto A New Board Composition Is Proposed

Thursday, 7 Dec 2017

Dec 7 (Reuters) - Admie Ipto ::SAYS DUE TO MANAGEMENT RESHUFFLING BETWEEN PARENT AND AFFILIATE IPTO A NEW BOARD COMPOSITION IS PROPOSED.SAYS IASON ROUSOPOULOS AND IOANNIS MARGARIS ARE PROPOSED TO BE THE TWO DIRECTORS.SAYS THE NEW CEO WILL BE NOMINATED BY THE NEW BOARD OF DIRECTORS WITH A THREE-YEAR TERM.

CEZ files documents for environmental assessment of possible nuclear expansion

Monday, 13 Nov 2017

Nov 13 (Reuters) - CEZ As :CEZ, 70 pct state-owned, says has asked for environmental impact assessment for expansion of Dukovany nuclear power plant.Says on Monday handed over to Environment Ministry documents based on earlier ministry recommendations .Step in line with national energy strategy; preparatory work for potential decision on the plant's expansion.No decision has been made on financing of potential 1-2 new units that would replace current 4 units after 2035.CEZ has said it would not build new units without government guarantees; government has so far refused financial backing.Government considering several options how to proceed, including taking over CEZ's nuclear and coal assets nL5N1M2423.

Eneres announces merger between units

Wednesday, 8 Nov 2017

Nov 8(Reuters) - Eneres Co Ltd <6079.T>:Says its wholly owned unit Eneres Power Marketing Co., Ltd will merge with its wholly owned unit S-CORE Co., Ltd.Merger effective April 1, 2018.Says S-CORE Co., Ltd will be dissolved after the merger .

High Peak Royalties to undertake a key asset review​

Monday, 6 Nov 2017

Nov 6 (Reuters) - High Peak Royalties Ltd -:‍will be undertaking a key asset review​.

Renergen says ‍H1 revenue rises to 1.4 mln rand

Tuesday, 31 Oct 2017

Oct 31 (Reuters) - Renergen Ltd :‍H1 REVENUE INCREASED BY 179% TO 1.4 MILLION​ RAND.‍COMMENCE CONSTRUCTION OF NATURAL GAS LIQUEFIERS IN EARLY 2018​.DO NOT EXPECT TO BE NET CASH FLOW GENERATIVE UNTIL PLANT GOES INTO FULL SCALE PRODUCTION IN 2019​.HY ‍OPERATING EXPENDITURE INCREASED BY 77% TO R16.7M (H1 2016: R9.4M)​.‍PRODUCTION OF LIQUEFIED NATURAL GAS (LNG) TO COMMENCE EARLY 2019​.HY ‍COST OF SALES INCREASED BY 381% TO R1.9M (H1 2016: R0.4M) MAINLY AS A RESULT OF INCORPORATION OF DEPRECIATION OF PILOT PLANT​.NOT TO CONTINUE FUNDING IVORY COAST HYDRO-ELECTRIC PROJECTS, WILL CONCENTRATE EXCLUSIVELY ON SOUTH AFRICAN NATURAL GAS MARKET FOR TIME BEING​.H1 BASIC AND DILUTED HEADLINE LOSS PER SHARE 21.15​ CENTS.

Agatos unit takes over a photovoltaic plant

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - AGATOS ::SAID ON TUESDAY ITS UNIT AGATOS ENERGIA SRL TOOK OVER A 957.60KW PHOTOVOLTAIC PLANT IN THE PROVINCE OF CAGLIARI.THE AGREED PRICE AMOUNTS TO € 475,000, OF WHICH € 200,000 HAVE ALREADY BEEN PAID THROUGH CASH AND THE REST THROUGH CANCELLING OF AGATOS ENERGIA SRL CREDIT OWED TO FORMER OWNER OF THE PLANT.

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