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Business 2006 P20



Aker Kvaerner to sell Pulping and Power businesses to Metso
Aker Kvaerner announced Wednesday it had signed a letter of intent to sell its pumping and power businesses to Metso for around NOK 3bn ($448m).

Fortum and E.ON agree on E.ON Finland shares
E.ON Nordic AB and Fortum have signed an agreement according to which Fortum acquires all the 10 246 565 E.ON Finland Oyj shares currently held by E.ON Nordic. This corresponds to 65.56 per cent of the shares and the voting rights of the company.

Toshiba signs to buy Westinghouse for $5.4bn
British Nuclear Fuels (BNFL) and the Toshiba Corporation have signed a $5.4bn contract that will see the Japanese company assume ownership of Westinghouse Electric Company.

Acciona acquires Spanish wind farm operator
Acciona, the Spanish construction and energy group has announced the €1.37bn ($1.69bn) purchase of Cesa, the country's fourth-large wind farm operator.

Toshiba to buy Westinghouse for $5bn
British Nuclear Fuels (BNFL) has selected Toshiba as the preferred bidder for the sale of its nuclear power plant-manufacturing arm, Westinghouse Electric Company.

Raser acquisition adds nearly $1bn in power sales
Raser Technologies, a technology licensing company that develops and licenses advanced electric motor, electronic motor drive, power generation and related technologies is to acquire Amp Resources, a private company with technologies focused on power generation.

GE acquires Altair Filter Technology
GE Energy announced yesterday that it has signed a purchase agreement to acquire UK-based Altair Filter Technology Group Limited, a provider of inlet filtration solutions for the power generation, oil and gas and marine industries.

Burns & McDonnell to manage IGCC project
Burns & McDonnell has been retained by The Erora Group to provide consulting engineering services for a state-of-the-art Integrated Gasification Combined Cycle (IGCC) power generation facility located in Southern Illinois.

Mirant re-lists on the New York Stock Exchange
US energy company Mirant announced that the company's common stock would begin trading on the New York Stock Exchange (NYSE) today following an absence while the firm fought its way out of Chapter 11 bankruptcy.

Duke sells all generation assets outside Midwest US
Duke Energy is to sell over 6000 MW of generation capacity to LS Power Equity in a deal that could see the power company net over $1.5bn.

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