Advertisement
YOU ARE HERE: LAT HomeCollectionsUtilities Germany
IN THE NEWS

Utilities Germany

FEATURED ARTICLES
ARTICLES BY DATE
BUSINESS
April 10, 2001 | Associated Press
German utility E.On said it agreed to buy British rival Powergen for $7.4 billion in a bid to become the world's second-largest power company and gain a foothold in the U.S. electricity market. E.On will also assume about $6.4 billion in debt from Powergen, Britain's third-largest power generator. If the plan clears regulatory hurdles, E.On will become a transatlantic giant, with 30 million customers and electricity sales of 323 billion kilowatt hours, moving ahead of American Power Co.
Advertisement
BUSINESS
April 10, 2001 | Associated Press
German utility E.On said it agreed to buy British rival Powergen for $7.4 billion in a bid to become the world's second-largest power company and gain a foothold in the U.S. electricity market. E.On will also assume about $6.4 billion in debt from Powergen, Britain's third-largest power generator. If the plan clears regulatory hurdles, E.On will become a transatlantic giant, with 30 million customers and electricity sales of 323 billion kilowatt hours, moving ahead of American Power Co.
WORLD
February 11, 2008 | Kim Murphy, Times Staff Writer
For weeks, U.S. Defense Secretary Robert M. Gates has been passing an empty hat among European allies, looking for more troops to bail out the struggling NATO mission in Afghanistan. On Sunday, he laid out his cards, offering a stark assessment of the problems U.S. and allied forces face -- and a dark prediction of what would happen if Afghanistan's "cancer" was allowed to spill into the rest of the world.
BUSINESS
December 3, 2003 | James Flanigan
Want to know where you might invest these days? Just follow the electrons. Two of the most sophisticated investment firms in America announced deals within the last month to buy electric power companies. Other savvy investors, including Warren E. Buffett, also are interested in expanding their holdings in the electric utility industry. What should that tell you? After all the failure of recent years -- from the Enron Corp.
Los Angeles Times Articles
|