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E.ON targets Turkey with $2bn Enerjisa deal

E.ON is taking a half share in Turkish power company Enerjisa as it targets emerging markets to offset slow growth in its home market of Germany and other parts of western Europe.

E.ON-Sabanci joint venture to sell power plants in Turkey

Enerjisa, a joint venture between Sabanci Holding and E.ON, plans to sell three hydroelectric power plants to rationalise its portfolio and cut debt, and has appointed banks to perform the sales.

Turkey warms to next-generation combined-cycle power plants

With Turkey’s economy booming, power generating company Enerjisa has taken an early lead in the race to provide the country with the electricity it urgently needs, with the award earlier this year of the contract for the 919 MW Bandirma combined-cycle power plant.

Austrian firm purchases HEP plants from E.ON

Verbund, the Austrian electricity company, has agreed to purchase eight hydroelectric power plants from E.ON Renewable in Germany.

GE supplying gas turbine-generators to three facilities in turkey

GE Power Systems will supply Siemens Nederland N.V. four MS6001B gas turbine-generators and auxiliary equipment to three combined-cycle facilities located in Adana, Canakkale and Mersin, Turkey.

Bringing flexible power to Turkey

During the last two decades, the Turkish electricity market has been growing rapidly, with an average annual growth rate of more than 6 per cent.

German government refund helps positive results for E.ON

E.ON chief executive Johannes Teyssen said the utility will increase its dividend next year after a government refund enabled the company to reduce its debt significantly.

Siemens receives fresh order for SGT5-8000H gas turbine

Siemens has received an order for the turnkey construction of the Bandirma II combined-cycle (gas and steam) power plant (CCPP) in Turkey.

RWE to consider splitting business as downward spiral continues

RWE chief executive Peter Terium has not ruled out splitting the business in the same manner as rival E.ON as wholesale power prices continue to drop.

EUROPE

The UK government has left the way open for 37 GW of new gas-fired power stations after it published its Gas Generation Strategy.

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