German utility RWE is reported to have made an indicative all-cash offer for British Energy of close to 700p a share.
Utilities
New utilites probe into bad practice
Tue, 04/08/2008 - 09:03 — Dan CoatsworthA new round of investigations are to be held into improper practices by utility companies. Scottish Power and Scottish & Southern Energy are facing action over alleged anti-competitive practices.
Pennon's WEEE Scottish hope
Tue, 03/25/2008 - 10:25 — Simon KeaneSouth West Water owner Pennon Group has expanded its waste management business with a £23 million acquisition of a Scottish company that recycles fridges, computers, light bulbs and other electrical equipment.
SSE ups prices
Thu, 03/20/2008 - 09:54 — Simon KeaneScottish & Southern Energy will increase its residential energy prices from 1 April.
Centrica heats up on British Gas gains
Thu, 02/21/2008 - 08:35 — Dan CoatsworthEnergy giant Centrica has increased full-year operating by 40% to £1.95 billion. With a five-fold increase in British Gas earnings, the utilities group looks set for a strong 2008.
Centrica warning on rising gas prices
Fri, 12/14/2007 - 10:20 — Simon KeaneBritish Gas owner Centrica has warned of a 'difficult environment' for UK retail gas suppliers in 2008. The warning follows rising wholesale gas prices.
British Energy extension
Tue, 12/11/2007 - 10:51 — Simon KeaneBritish Energy will extend the lives of Hinkley Point B and Hunterston B nuclear power stations by five years to 2016.
Severn washed out
Tue, 11/27/2007 - 10:20 — Simon KeaneSevern Trent today said costs associated with the summer's flooding crisis washed away profits growth in the first half.
Severn Trent charged
Thu, 11/22/2007 - 10:31 — Dan CoatsworthUtilities group Severn Trent is facing criminal charges from the Serious Fraud Office for misreporting information to the water regulator.
British Energy power loss
Tue, 11/13/2007 - 09:37 — Dan CoatsworthBritish Energy has warned that its financial year will be 'significantly impacted' by nuclear power station problems.





