Latest Electric Utilities News

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Latest news in Electric Utilities

Company announcements

Base Power

Base partners with Walmart

Walmart announces strategic agreement and investment in Base, launching energy products at select stores starting Monday.

JERA

JERA announced its second-quarter financial results,

with an intermediate profit of 282.9 billion yen, an 81% increase from the same period last year, and also announced the signing of a memorandum with Dell Technologies for AI data center development.

Vattenfall

Vattenfall increases profit by 90% during the first half of the year

Key drivers were higher electricity prices and wind power production. Investments include Danish offshore wind projects and German battery storage.

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Media coverage

Kauppalehti

Fortum buys Norwegian listed company Elmer

Fortum is buying Elmer out of the Oslo Stock Exchange. The power producer Fortum has decided to implement a mandatory buyout for all shares of the Norwegian electricity retailer Elmer Group, which Fortum or El...

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