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Europe Daily Bulletin No. 8204

3 May 2002
Contents Publication in full By article 31 / 52
GENERAL NEWS / (eu) eu/competition
Commission approves acquisition of Enron's Wind Turbine Business by a General Electric subsidiary

Brussels, 02/05/2002 (Agence Europe) - The European Commission has given the green light to GE Power Systems (GEPS),a wholly-owned subsidiary of the General Electric Company (GE), to acquire Enron's Wind Turbine Business. GEPS is not in the wind turbine business although it also develops, produces and markets turbines of various other types and sizes. The Commission's market investigation showed that, at present, wind turbines can be distinguished from other forms of power generation by...

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GENERAL NEWS