Latest Gaz de France Stories

2008-10-31 09:00:23

French energy group GDF Suez and Italian integrated energy giant Eni have finalized various gas and electricity contracts based on agreements signed in May 2008. Eni will sell to GDF Suez 1,100MW of virtual power plant (VPP) capacity in Italy, structured on the model of combined cycle gas turbine (CCGT) plants, over a period of 20 years. The cost of reserving this capacity is E1.2 billion. Eni will supply to GDF Suez four billion cubic meters of natural gas per year, for delivery in Italy...

2008-09-02 12:00:29

GDF Suez Energy International through its North American subsidiary has announced the signing of an agreement to acquire US-based electricity generator FirstLight Power Enterprises. FirstLight owns and operates a portfolio of 15 power generation plants, primarily pumped storage and traditional hydro facilities, and has a natural gas peaking facility under construction. These 16 facilities have a combined capacity of 1,538MW located in Massachusetts and Connecticut. In addition, FirstLight...

2008-08-29 09:00:56

Research and Markets (http://www.researchandmarkets.com/research/15e686/gaz_de_france_unde) has announced the addition of the "Gaz De France Underground Gas Storage Operation Asset Summary Report" report to their offering. Gaz De France Underground Gas Storage Operation Asset Summary Report Summary Gaz De France Underground Gas Storage Operation Assets Summary Report is an essential source for company data and information. The report examines Gaz De France's key business...

2008-08-29 06:00:51

The French government has recently agreed for state-owned energy supplier EDF to increase its prices for both business and residential customers. This has led some analysts to point to the relatively large increase by French standards as a sign that the French government is trying to move energy prices towards a market-based price, and eventually remove regulated tariffs. While the price changes are significant for commercial users, reaching 8% for large businesses, the agreed increase is a...

2008-08-04 09:00:55

French utility giant to develop power project in UAE: report ABU DHABI, Aug. 1 (Xinhua) -- A French utility giant has planned to participate in the development of a major power project in Abu Dhabi, the largest emirate of the oil-rich United Arab Emirates (UAE), local newspaper Gulf News reported on Friday. The Paris-based GDF SUEZ, the world's second largest utility company, will own 40 percent of the stake of the project, the Shuweihat 2 power generation and water desalination plant,...

2008-07-23 12:01:11

British energy group Centrica has announced that it will increase its shareholding in Belgian power generation and supply company SPE to a 51% controlling stake. Centrica has exercised its pre-emption right over the 25.5% interest in SPE currently held by GDF International through an acquisition of Gaz de France's (GDF) 50% stake in the 50-50 joint venture, Segebel. This will be added to Centrica's existing 25.5% interest. GDF was obliged to dispose of its stake in SPE as part of the...

2008-07-23 00:00:42

Companies in Yorkshire can offset carbon emissions from gas consumption under a new scheme offered by Gaz de France. In the scheme, GdF calculates the level of emissions and purchases credits from partner company, co2balance. GdF, which has its UK headquarters in Leeds, said participating companies can ensure the equivalent carbon emissions are reduced, avoided or absorbed. The French company said the scheme is timely and pointed out that from 2010 all companies consuming more than 6GWh of...

Word of the Day
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.