Source Pravda.Ru

Duke Energy Expands Further Into European Market

Duke Energy has acquired a power station in France, becoming the first US company to gain a foothold there as the country prepares to open more of its 25 billion-euro ($24.4 billion) market to competition.

The Charlotte-based utility bought Cie. Thermique du Rouvray, a cogeneration plant with a capacity of 103 megawatts and which employs 15 people, said Peter Wilt, chief executive officer of Duke's European unit. The price was not disclosed.

It's the second time a non-French company has bought power assets in France, where state-owned Electricite de France holds 90 percent of the market. Owning a plant is a step toward supplying industries and individuals across Europe with electricity.

``Having power assets is a first position to prepare for the future market opening,'' said Benoit Bardon, vice president of marketing for industrial services at Dalkia, France's largest operator of cogeneration plants.


&to=' target=_blank>Duke Energy

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

Putin made his first public comment on the subject of the recent decision of US President Donald Trump to recognise Jerusalem as the capital of Israel

Putin makes first comment on Trump's Jerusalem decision