The busiest merger lab: the UK electricity sector

Article Abstract:

The Trafalgar House plc takeover of Northern Electric plc in Dec. 1994 started a series of mergers and acquisitions in the UK electric power industry. Alarmed, the British government disapproved several merger proposals. However, there have been complaints of inconsistent policies.

United Kingdom, Electric utilities

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Elusive returns in Eastern Europe

Article Abstract:

Private power developers are attempting to understand the chaotic Eastern European economies since they are confident of the region's long-term possibilities. AES Corp of Arlington, VA, and Tractebel SA of Brussels, Belgium are among those who have started investing in the region.

Management, Eastern Europe, Energy industries, Energy industry

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Cajun cooking: bankruptcy saga fortells booming of utility assets

Article Abstract:

Cajun Electric Power Cooperative went bankrupt in 1994, incurring some $4.2 billion in debts. Several expansion-minded utilities are now fighting it out for the right to acquire the company's assets.

Rural electric cooperatives, Electric cooperatives, Cajun Electric Power Cooperative Inc.

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