Exelon expands Jeanne Jones finance role to October first
The promotion unites Finance and Strategy departments to optimize future investments for its 11 million customers while managing energy bills effectively
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Company announcements
PGE has completed four offshore power stations for the Baltica 2 project
Each weighs 3.5 thousand tons. Over 720 startup tests were carried out. The installation planned for the fourth quarter of the year brings renewable energy closer to Poland.
Statnett recommends replacing Helgeland-Sweden connection
A new 420 kV link aims to boost Nord-Norge supply by 700 MW, lowering prices. Statnett published a concept selection report.
EDP launches industrial heat electrification project in Portugal
The project uses a 2.7 MW electric boiler at Paper Prime to replace natural gas, avoiding 830 tonnes of CO₂ in three months.
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Media coverage
Refinancing of BayWa AG before the autumn showdown
BayWa reports operational stability and sells Mobility Charging. The financial future will be decided by an agreement with creditors.
Ygeman: Raises several important questions
The Social Democrats are attacking the government's appointment of the Director General of Svenska Kraftnät. "It creates suspicions," says former energy minister Anders Ygeman.
Fortum secured billions for a nuclear power plant – Now a setback looms | Kauppalehti
Sweden promised billions in subsidies for the construction of new nuclear power plants, which Finnish Fortum is also aiming for. However, the future of these subsidies hangs in the balance during Sunday's elections, writes Sanna Pekkonen, Kauppalehti's Stockholm correspondent.
Enel strengthens its presence in the US solar sector, acquiring power plants for $760 million.
Enel acquires 810 MW of solar facilities in the US for approximately $760 million. An EBITDA contribution of $90 million per year is expected...
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