Scottish Power streamlines its focus

Article Abstract:

United Kingdom's Scottish Power PLC, has announced plans to reorganize its operations and focus the company's effort on its core business of providing electric power. Scottish Power also has interest in telecommunications and water supply.

Scotland, Securities prices, Scottish Power PLC

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British Energy creditors back plan

Article Abstract:

Creditors have approved British Energy PLC's plan to suspend debt payments. The company will instead develop an equity and new debt plan. Under the plan, British Energy will provide new equity and debt issues.

Strategy & planning, Planning, Finance, Debt, British Energy PLC, Company business planning, Company financing

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U.K. power giants trip down the aisle; National Power, United Utilities scuttle merger

Article Abstract:

United Kingdom's leading electric power, gas and water companies' United Utilities PLC and National Power PLC have abandoned their plans to merge. Although both companies decline to explain why they called off their merger talks, National Power PLC's strategy is to expand its electric power customer base.

Comment:

U.K.'s electric power giants United Utilities PLC and National Power PLC abandon merger plans.

Asset sales & divestitures, Acquisitions & mergers, Electric Power Generating, Electric Power Generation, Acquisitions and mergers, United Utilities PLC, National Power PLC

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