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Alstom and Schneider Electric finalise the acquisition of the transmission
and distribution business of Areva MONTREAL, June 7 /CNW Telbec/ – Alstom and Schneider Electric proceed today with the closing of the transaction with Areva for the acquisition of Areva T&D, its transmission and distribution businesses, after obtaining the approvals … Continue reading
Posted in Oil and Gas News
Tagged acquisition, Alstom, Electric, finalise, Schneider, transmission
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Shanghai Electric begins work on $1bn Iraq power project
Iraq’s ministry of electricity has said that China’s Shanghai Electric is moving ahead with a $1bn power-generating plant to boost the country’s electricity capacity by 1,320 megawatts, Reuters has reported. The project, which includes purchasing and installing four steam turbines, … Continue reading