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Last updated on April 24, 2014 at 12:40 EDT

Latest MEGAL pipeline Stories

2011-07-12 12:16:00

PARIS, July 12, 2011 /PRNewswire/ -- A public consortium comprising CNP Assurances, CDC Infrastructure and Caisse des Depots has finalised the creation with GDF Suezof a long-term cooperative venture in the natural gas transportation industry in France and the rest of Europe. To this end, the consortium has acquired a 25% minority stake in GRTgaz for EUR1.1 billion. Through this investment, the consortium intends to support GRTgaz's development plan for the next ten...

2011-04-14 12:46:00

PARIS, April 14, 2011 /PRNewswire-FirstCall/ -- A public consortium comprising CNP Assurances, CDC Infrastructure and Caisse des Depots is in advanced discussions with GDF SUEZ to forge a long-term partnership in the natural gas transportation industry in France and the rest of Europe. To this end, the consortium would acquire a 25% minority interest in GRTgaz for EUR1.1 billion. "The decision to acquire an interest in GRTgaz is aligned with CNP Assurances's long-term investment...

2009-07-08 09:20:24

French energy giant GDF Suez said it would appeal a $770 million European Commission fine imposed for anti-competitive practices. The commission fined GDF Suez and German energy firm E.On $770 each on Wednesday for a secret agreement made in 1975 in which they agreed not compete across national boundaries, the British Broadcasting Corp. reported Wednesday. The collusion canceled their customers' chances of reduced prices that would have resulted in a competitive environment, the commission...