[ad_1] Uniper said that an arbitration award of an estimated 550 million euros ($602.1 million) against a subsidiary will have an impact on its year-end result. The German utility said…
Tag: Multiutilities
RWE Renewable-Electricity Generation Helps Drive Earnings Growth
[ad_1] RWE’s net profit rose in the first nine months, driven by renewable-energy generation and growth in its supply and trading division. The German energy company said Tuesday that net…
Elliott Just Wants NRG to Be a Boring Company
[ad_1] NRG Energy’s CEO is thinking about ways to grow. Maybe its investors just want cash. [ad_2] Source link
WSJ News Exclusive | Utilities Pursue Pipeline Sales as Natural-Gas Bans Catch On
[ad_1] WSJ News Exclusive Business Possible sales come as regulators debate fossil fuels’ future in home heating and cooking [ad_2] Source link
New Corporate Minimum Tax Could Ensnare Some Firms Over One-Time Moves
[ad_1] Companies including CenterPoint Energy and American Water Works seek government guidance on how the sale of a business unit might trigger the 15% levy. [ad_2] Source link
Head of Battered German Utility Uniper to Resign After Nationalization
[ad_1] Business Europe The company suffered huge losses after Russia throttled natural-gas exports to Europe [ad_2] Source link
Defensive Stocks Become Hideout for Investors in a Rocky Market
[ad_1] Markets Stocks Utilities, healthcare outperform S&P 500 this year by widest margin in decades, while consumer staples also beat broader market [ad_2] Source link
Europe Cold Snap Tests Gas Reserves After Russian Supply Cut
[ad_1] World Europe Consumers turn on the heat but cut back as continent faces winter energy crunch [ad_2] Source link