Electric Utilities

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Drax Group plc reaches settlement with Ofgem over CESP Non-compliance

Drax Group plc:Says it has reached a settlement with the energy regulator, Ofgem, following its non-compliance with its obligation under the government's Community Energy Saving Programme (CESP).Says it has agreed to a total of 28 mln Pounds in settlement.Says which would see up to 20 mln Pounds...

12:30pm IST

EDP Renovaveis SA announces MoU with EDP Brasil for the acquisition of a 45 pct stake in EDP Renovaveis Brasil

EDP Renovaveis SA:Announces that a Memorandum of Understanding envisaging the acquisition of 45 pct of the share capital of EDP Renovaveis Brasil SA, controlled by EDP Brasil.After the transaction, the company will control 100 pct of EDP Renovaveis Brasil share capital.Deal to be paid in cash.

1:54am IST

Neoenergia SA announces Q3 interim dividend payment

Neoenergia SA:Says it approved the payment of interim dividends referring to Q3 2014, in the amount of 71,442,000.00 Brazilian reais, corresponding to 0.0122109797 Brazilian reais per share.Payment date Dec. 17.Record date Nov. 17.Shares will be traded ex-dividends as of Nov. 28.

Thursday, 27 Nov 2014

Restructuring & Reorganization


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