login
login

Europe Daily Bulletin No. 7770

3 August 2000
Contents Publication in full By article 26 / 34
ECONOMIC INTERPENETRATION / (eu) electricity

The American electricity and energy producers FPL GROUP and ENERGY have announced their merger creating the largest energy producer in the United States with a total value of USD 27 billion. The new entity will have a total turnover of USD 15.2 billion with a total production capacity of 48,000 megawatts and will supply 6.3 million customers. The FPL shareholders will be majority holders with 57% of the capital against du 43% for those from ENERGY. The value of the operation is valued at...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION