Tag Archives: Utilities

NRG to buy direct power from Centrica for $ 3.6 billion

Text size JOSH EDELSON / AFP via Getty Images Centrica’s shares soared more than 17% after it agreed to sell Direct Energy, its North American energy business, to NRG Energy for $ 3.6 billion in cash. Houston-based Direct Energy provides electricity, natural gas, and home services to consumers and businesses …

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PG&E Stock is going up to start its first day of bankruptcy

Text size Justin Sullivan / Getty Images Pacific Gas and Electric shares opened higher on the first day of trading for the California utility company after emerging from bankruptcy. PG&E (ticker: PCG) requested the Chapter 11 reorganization in January 2019 after it was discovered that their team caused some of …

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Fire damage to building at Iran nuclear enrichment site

A fire burned a building above Natanz’s underground nuclear enrichment facility in Iran, though authorities say it did not affect its centrifuge operation or cause any radiation emission. By NASSER KARIMI and JON GAMBRELL Associated Press July 2, 2020, 12:30 pm 4 min read 4 min read Share on FacebookShare …

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