Mexico’s anti-trust agency the Federal Economic Competition Commission (Cofece) has established conditions for the $6 billion acquisition of 13 power plants by the Mexican Government from Iberdrola.
TransAlta has announced that it has acquired Canadian-based Heartland Generation for $658 million, which includes the assumption of $268 million of debt.
The European Commission has approved Romania’s plans to grant restructuring aid of up to €2.7 billion to the power company Complexul Energetic Oltenia (CE Oltenia).
The European General Court has suspended the UK’s subsidy scheme for back-up electricity generation, stating that the payments system should be subject to a state aid investigation.
Iran has approved the attraction of $11.8 billion in foreign direct investment (FDI) during 2017, according to a report recently published on the Iranian Government’s official website.
One third of the board governing the Tennessee Valley Authority (TVA) in the USA has been vacated, with incoming President Trump to announce their replacements.
The USA’s Federal Energy Regulatory Commission (FERC) has granted conditional approval of Dynegy’s acquisition of ENGIE’s power generation unit, but said that the company may have to sell some generation in ISO New England and the RTO PJM to address market power concerns in the regions’ capacity markets.
PT Medco Power Generation Indonesia, a subsidiary of PT Medco Energi International, has proposed construction of three gas-fired power plants in Indonesia, one of which will be built in Kuala Langsa.