Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: Thomson Reuters StreetEvents
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Mitsubishi Corp to Buy Two More British Offshore Power Cables- Nikkei


Friday, 30 Aug 2013 11:00am EDT 

Nikkei reported that Mitsubishi Corp and a Barclays Plc investment fund are spending a combined JPY 100 billion or so to acquire two high-capacity British undersea power cables. The partners will obtain 55km of cable linking the London Array offshore wind farm and the British county of Kent. The cable will have a transmission capacity of 630,000kw, enough to power some 650,000 households, and will be bought for around JPY 70 billion from the consortium that built and operates the London Array. The acquisition will also include accompanying offshore transformer facilities, with a 50-50 joint venture set up soon to oversee the cable transmission operations.