Italy’s antitrust body blocks ERG’s 188 million euro sale of gas, hydro plant to Enel

The new logo of Italy’s biggest utility Enel is seen in Milan, April 17, 2016. REUTERS/Stefano Rellandini/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 23 (Reuters) – Italy’s antitrust regulator on Friday blocked the sale of renewable energy group ERG’s (ERG.MI) 188 million-euro ($182.17 million) unit, which housed its gas and … Read more

As Mexico stalls major solar projects, companies turn to smaller workarounds

Workers install solar panels on the roof of the Central de Abastos wholesale market as part of a roof-top solar project run by the local government to become the world’s biggest urban solar farm, in Mexico City, Mexico July 27, 2022.REUTERS/Luis Cortes/File Photo Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, Aug … Read more

Explainer: How could the new US corporate minimum tax affect companies?

Aug 12 (Reuters) – The main revenue source in the new US tax, climate and drugs bill is a novel 15% corporate minimum tax aimed at stopping large, profitable companies from gaming the Internal Revenue Service code and slashing their tax bills to zero. The US House of Representatives was scheduled to vote on Friday … Read more

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