Utilities - Electric

Fortum Oyj Sells 47.9% Stake in Harjeans Kraft to Oy Herrfors Ab-DJ

Dow Jones reported that Fortum Oyj has agreed to sell its 47.9% stake in the Swedish energy company Harjeans Kraft to Oy Herrfors Ab, a subsidiary of Katterno Group, for SEK 445 million. The transaction is estimated to be completed at the beginning of July 2013.

Tuesday, 18 Jun 2013 06:46am EDT

FAS Rejects Gazprom Energoholding Bid to Buy Controlling Stake in Kvadra - Generiruyushchaya kompaniya OAO-Interfax

Interfax reported that Russia's Federal Anti-monopoly Service (FAS) has turned down Gazprom Energoholding's application to purchase a controlling stake in the genco Kvadra - Generiruyushchaya kompaniya OAO, FAS chief Mr. Igor Artemyev told the press in Moscow. The FAS's decision will be formalized...

Tuesday, 18 Jun 2013 04:14am EDT

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