China’s nuclear giant grabs majority stake in Wales wind farms

State-owned China General Nuclear Power (CGN) is acquiring an 80% stake in three UK wind farms from French utility Electricite de France (EDF), in a deal worth about $157 million. The deal marks CGN’s first big acquisition of onshore wind generating capacity in the west and, according to the Chinese group, it will be the […]

CHINA BUYS INTO AUSTRALIAN POWER ENERGY SUPPLIERS BIG TIME UP TO $5B

CHINESE POWER ENERGY INVESTORS INVEST BIG TIME IN AUSTRALIA State Grid Corp of China, the world’s largest state utility, has agreed to buy large stakes in Australian power companies from Singapore’s Temasek Holdings in a deal that could be worth over $5 billion, as it searches overseas for higher-yielding assets. State Grid will buy 19.9 […]

ENERGY PRODUCERS IN USA TO LOSE MASSIVE VALUE IN SHARES

ENERGY PRODUCERS TO LOSE A LOT OF VALUE IN NORTH AMERICA Yesterday, I made a prediction that should scare a lot of investors. I predicted a massive loss in market valuation for some of North America’s largest energy producers. You might own some of these names yourself. I’ll share some specific names with you in a moment… […]