EXCLUSIVE Malaysia’s Tenaga plans $1 bln IPO for power business, sources say

A view of Tenaga Nasional Berhad headquarters in Kuala Lumpur, Malaysia, October 13, 2015. REUTERS/Olivia Harris Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 12 (Reuters) – Malaysian electricity utility Tenaga Nasional Bhd (TENA.KL) plans to start the process next year for a potential $1 billion listing of its power generation business, … Read more

US power use to reach record high in 2022 as economy grows, EIA says

Power lines run from the coal fired Intermountain Power Project, which will close in 2025, outside Delta, Utah, US, on June 1, 2017. REUTERS/George Frey Register now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – US power consumption will rise to a record high in 2022 as the economy grows, the US … Read more

German, French 2023 quarterly power contracts set highs in nervous market

Electricity transmission pylons can be seen near TGV high-speed train tracks in Villebon-sur-Yvette, near Paris, France, August 1, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register German Q2, 2023, Q3, 2023 and French Q3, 2023 at records Weather, gas and French nuclear factors cited Hot weather curbs cooling water, hampers barge … Read more

Australian bank Macquarie’s Q1 profit climbs in a softening market

The logo of Australia’s biggest investment bank Macquarie Group Ltd adorns a desk in the reception area of ​​its Sydney office headquarters in Australia, Oct. 28, 2016. REUTERS/David Gray Register now for FREE unlimited access to Reuters.com Register July 28 (Reuters) – Australian investment bank Macquarie Group (MQG.AX) flagged a higher quarterly profit on Thursday … Read more

Zara founder Ortega’s real estate assets worth $15.5 bln in 2021

Downtown Manhattan’s skyline is seen in New York City, US, August 21, 2021. REUTERS/Andrew Kelly/ Register now for FREE unlimited access to Reuters.com Register MADRID, July 21 (Reuters) – The family office of Spanish billionaire Amancio Ortega, founder and main shareholder of fashion group Inditex (ITX.MC), reported on Thursday its real estate assets’ market value … Read more

As EVs go mainstream, a rush for share of the home charger market

BEDFORD, England, July 20 (Reuters) – With electric vehicles (EVs) catching on, the scramble for market share among startups selling home chargers is heating up and that will feed further dealmaking in the sector as tens of millions of units are installed globally over the next decade. According to a Reuters analysis, more than 100 … Read more

US power use to reach record high in 2022 as economy grows -EIA

Power lines run from the coal fired Intermountain Power Project, which will close in 2025, outside Delta, Utah, US, on June 1, 2017. REUTERS/George Frey Register now for FREE unlimited access to Reuters.com Register July 12 (Reuters) – US power consumption was on track to rise to record highs in 2022 and 2023 as the … Read more