Credit to Author: Karl Bode| Date: Tue, 11 Feb 2020 16:58:23 +0000
There’s 40 years of history showing telecom megadeals erode competition, raise prices and kill jobs. It’s a lesson America simply refuses to learn.
Read moreCredit to Author: Aaron Larson| Date: Mon, 07 Oct 2019 20:11:59 +0000
The post Distress and Deals Continue to Persist in Energy Sector appeared first on POWER Magazine.
At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]
The post Distress and Deals Continue to Persist in Energy Sector appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Thu, 21 Mar 2019 19:37:38 +0000
A German business magazine reports that Siemens is exploring options for its struggling gas turbine business, and could look to form a joint venture with Japan’s Mitsubishi Heavy Industries (MHI). Manager Magazin on March 21 said Siemens “wants to accommodate the large turbine business of the Japanese Mitsubishi Group and in the future hold only a […]
The post Siemens, Mitsubishi Discuss Merger of Turbine Units appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 24 Jan 2019 00:33:47 +0000
Hydro One, Ontario’s largest transmission and distribution provider, and Spokane, Washington–based U.S. utility Avista Corp., have dropped their merger, citing separate denials of the $5.3 billion deal by regulators in Washington and Idaho. The companies said on Jan. 23 they “mutually agreed” to terminate a merger agreement they announced in July 2017. As required by […]
The post After 18 Months of Dramatic Turns, Hydro One-Avista Merger Deal Officially Dead appeared first on POWER Magazine.
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