mergers

Gamesa & Siemens To Merge Wind Businesses

German industrial megalith Siemens and Spanish wind energy giant Gamesa have announced they will merge their wind energy businesses. In news which has dropped out of nowhere, Gamesa and Siemens announced Friday that they have signed binding agreements to merge Siemens’ wind business with Gamesa, to create a leading global … [continued]

Don’t Take The Bait: Exelon’s Feeding Frenzy Won’t Stop With Pepco

Exelon, a monopoly electric utility and the nation’s largest nuclear power generator, made a $6.8 billion offer to purchase Pepco, Washington D.C.’s electric utility, in April of 2014. Since then, they have swarmed across Pepco’s service area, getting the approval of federal regulators, state utility commissions, and shareholders. Washington D.C.’s Public Service Commission … [continued]