Electric Utilities

Shanghai Electric Power to set up joint venture

Shanghai Electric Power Co Ltd:To set up a joint venture in Shanghai, with three companies.The joint venture will be mainly engaged in development of technology and technical consulting, with a registration capital of 50 million yuan.The company will hold a 36 pct stake in the joint venture.

8:00pm EDT

Centrais Eletricas Brasileiras SA approves acquisition of control over CELG Distribuicao SA

Centrais Eletricas Brasileiras SA:Says on Aug. 26 it approved a proposal of acquisition of control over CELG Distribuicao SA through acquisition of 51 pct of ordinary shares.Acquisition price 59,532,810 Brazilian reais.

7:49am EDT

INTER RAO YEES OAO raises lower end of FY 2014 EBITDA guidance-Interfax

INTER RAO YEES OAO:INTER RAO YEES OAO is expecting earnings before taxes, depreciation, and amortization (EBITDA) to be 48-49 billion Russian rubles in 2014, the company's CFO, Dmitry Palunin, said during a conference call with investors-Interfax.In May, Inter RAO announced it was expecting EBITDA...

6:46am EDT

APR Energy PLC says Michael Fairey, announces that he is stepping down as Non-Executive Chairman

APR Energy PLC:Michael Fairey, Non-Executive Chairman of APR Energy plc has announced that he is stepping down as Chairman, with immediate effect.

2:01am EDT

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