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• EDF

• EDF To Buy British Energy for $23.2 Billion

  We have a winner in the British Energy Stakes. Per the BBC , French energy firm EDF has agreed to buy British Energy, the firm which operates eight UK nuclear power plants, in a £12.5bn deal. In addition, British Gas-owner Centrica said it is in talks with EDF to take 25% of all power generated by British Energy once it is in French hands. It will also take a 25% stake in all new nuclear plants built... Posted Sep 24 2008, 08:44 AM by NEI Nuclear Notes Filed under: EDF, British Energy

• British Energy and EDF: A Fractious Romance?

  The British government, wanting to divest itself of its share of British Energy, had many suitors coming by with flowers and blandishments before it finally succumbed to the Boyer-inflected Pepe LePew of energy companies, Electricite de France. However, we now learn that the rain has washed the white stripe from British Energy’s back and it just looks like a cat : Reports said the proposed deal - the... Posted Aug 04 2008, 10:09 AM by NEI Nuclear Notes Filed under: EDF, British Energy

• Where the Hot Wind Blows: Some Odder Ends

  The Guardian has an interesting article about the harder look being taken at microgeneration: British buildings equipped with solar, wind and other micro power equipment could generate as much electricity in a year as five nuclear power stations, a government-backed industry report showed today. Commissioned by the Department for Business, Energy and Regulatory Reform (DBERR), the report says that... Posted Jun 16 2008, 05:31 PM by NEI Nuclear Notes Filed under: British Energy

• Au Revoir, EDF?: British Energy Rounds Up Some More Bidders

  We wrote a couple of days ago we may have jumped the gun on the British Energy story by declaring Electricité de France (EDF) the last company standing in the bidding for the nuclear utility. We did - or might have. While British Energy says it has more interest, it will not say who has expressed the interest or how serious the various parties are. Here's how Bloomberg puts it: Two of the... Posted May 16 2008, 11:19 AM by NEI Nuclear Notes Filed under: EDF, British Energy

• Bon Jour, EDF: British Energy Finds a Bidder

  Well, maybe. The British Government solicited bids for its 35% share of British Energy, which runs eight of the ten nuclear energy plants in the country. The last several weeks have seen stories about the Germans (E.ON) and Spanish (Iberdola - they now own Scottish Power) dropping by to kick the tires, and they might still submit bids, but it looks like Electricité de France (EDF), in concert... Posted May 14 2008, 03:11 PM by NEI Nuclear Notes Filed under: EDF, British Energy

• British Energy Hits 20-Month High on the LSE

  British Energy Group ( BGY ) rose 38 pence (.75 USD) or 5.4 percent on the London Stock Exchange in trading Thursday. The jump occurred after reports that RWE , Germany's second-biggest utility, had made an £11 bn (21.7 bn USD) offer for BGY. From Bloomberg , "British Energy is clearly in play," said Edward Collins, a London-based fund manager at New Star Asset Management Group Plc. He... Posted Apr 10 2008, 01:12 PM by NEI Nuclear Notes Filed under: British Energy