British Energy

British Energy

British Energy nuclear plant life to be extended

Power firm British Energy has announced plans to extend the life of two of the UK's nuclear power stations for a further five years.

Way clearing for Centrica to acquire £2.3bn stake in British Energy

CENTRICA expects to secure regulatory approval on the sale of its Belgian business SPE "imminently", freeing the way for its acquisition of a stake in British Energy.

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BE sale talk denied

FRENCH energy giant EDF yesterday played down reports that it is seeking to offload a further 20 per cent stake in British Energy.

Armour leaves BE to focus his energies elsewhere

ROBERT Armour, company secretary at British Energy, will follow chief executive Bill Coley and step down from the nuclear energy company this summer.

Debt-laden EDF looking to sell off UK network arm

EDF, the French energy giant that recently bought nuclear generator British Energy, is looking at the possibility of selling its UK electricity distribution arm for up to £5 billion to cut a 25bn (£22.3bn) debt mountain.

British Energy ready to restart second nuclear reactor after problems

NUCLEAR power generator British Energy yesterday said it was ready to restart another reactor hit by technical issues.

Coley has a new French boss as EDF takes British Energy reins

EDF began taking day-to-day control of Britain's nuclear industry yesterday, with the chief executive of British Energy now reporting directly to the UK head of the Paris-based company.

BE bid clears final hurdle

EDF has declared its bid for East Kilbride-based nuclear operator British Energy wholly unconditional, after revealing it now controlled more than 96 per cent of the company's shares.

French close in on British Energy

FRANCE'S state-owned electricity supplier, EDF, moved one step closer to becoming the UK's biggest electricity producer last night.

British Energy will have to sell its only non-nuclear plant in EDF deal

BRITISH Energy has raised the "For Sale" sign at its only coal-fired power station under strict EU conditions to sanction a takeover by French suitor EDF.

French giant confident it can secure British Energy shares

FRENCH energy company Electricite de France (EDF) has increased its stake in British Energy to 88.7 per cent following its public takeover offer.

Spark going out for British Energy

THE owner of Torness Power Station has seen earnings plummet in the first half of the year as a result of lower electricity output.

Delay at nuclear power plants

BRITISH Energy yesterday admitted that work had fallen behind schedule at its Hartlepool and Heysham 1 nuclear power plants and that they would be unlikely to return to service until early next year.

EDF chief vows East Kilbride has 'core role'

THE head of Électricité de France (EDF) in Britain has promised British Energy's East Kilbride office will retain a core role in the future of a combined group.

EDF agrees takeover of British Energy

FRENCH group EDF today agreed a £12.5 billion takeover of British Energy in a move set to kick-start the UK's nuclear power strategy.

British Energy set for fresh bid

FRENCH power giant EDF was yesterday said to be on the verge of tabling an improved £12.4 billion offer for nuclear power group East Kilbride-based British Energy.

Call for British Energy to join forces with Centrica

BRITISH Energy's biggest investor, Invesco, has called for the nuclear power generator to merge with British Gas owner Centrica.

'Obvious solution' to British Energy woes is a merger with Centrica, says leading shareholder

THE largest City shareholder in British Energy has called for the nuclear power firm to merge with gas supplier Centrica, it emerged yesterday.

Two more energy firms raise bills for 14m homes

MORE than 14 million UK homeowners face more rising gas and electricity bills after energy firms yesterday announced immediate plans to put prices up by almost a third.

BE 'can muster skills' to build nuclear plants on its own

BRITISH Energy, the East Kilbride-based nuclear power generator, is progressing its plans to build new plants in England despite uncertainty over whether it will be taken over.

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