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GE GE Aerospace

164.49
1.85 (1.14%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
GE Aerospace NYSE:GE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.85 1.14% 164.49 165.74 162.0101 165.30 3,967,223 01:00:00

Russian, Chinese Firms Mull UK Power Plant Purchases - Report

10/06/2012 2:00pm

Dow Jones News


GE Aerospace (NYSE:GE)
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LONDON--Russian gas monopoly Gazprom OAO (GAZP.RS) and China Guodian Corp., one of China's largest state-owned utilities, are interested in purchasing U.K. power stations, The Sunday Times reports without citing sources.

Gazprom plans to launch a bid for EDF Energy's Sutton Bridge power plant in Lincolnshire, England, the newspaper reports. It added that EDF Energy, a unit of Electricite de France SA (EDF.FR), has hired Rothschild to run the auction.

China Guodian Corp. has hired Goldman Sachs Group Inc. (GS) to bid for General Electric Co.'s (GE) Baglan Bay power plant in South Wales.

Gazprom, General Electric and EDF weren't immediately available for comment.

Newspaper web site: www.timesonline.co.uk

Write to Alex MacDonald at alex.macdonald@dowjones.com

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