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Business 2006 P8



Siemens acquires AG Kuehnle, Kopp & Kausch
The Siemens Power Generation Group (PG) is acquiring the enture share capital of Kuehnle, Kopp & Kausch. Headquartered in Frankenthal, Germany, this company develops, manufactures and markets steam turbines with a rating of up to 5 MW, as well as turbocompressors and fans for industrial applications.

Pentadyne ready with new flywheel energy storage system
Pentadyne Power Corporation, the manufacturer of clean energy storage systems using advanced composite flywheel technology, has announced that the first of its second-generation VSS+ DC flywheel-based clean energy storage systems has passed all tests and is ready to ship.

Evergreen Solar announces $200 Million sale to SunEdison
Evergreen Solar, Inc., a manufacturer of solar power products, announced its largest sales agreement in company history to SunEdison, LLC.

Novera Energy acquires wind farm portfolio
Novera Energy the UK independent renewable energy generator has reached an agreement with Renewable Energy Development (RED) to acquire the majority of RED's wind farm portfolio.

Entergy to buy Michigan nuclear plant from Consumers Energy
Entergy Corp. and Consumers Energy have reached an agreement for Entergy to purchase the 798-MW Palisades Nuclear Plant near South Haven, Michigan, US, for $380 million.

Energy Investors Funds acquires stake in Calif. cogeneration project
Energy Investors Funds has acquired an additional 28 percent partnership interest in Crockett Cogeneration Plant in northern California from an affiliate of GE.

WPS, Peoples Energy announce merger
WPS Resources Corp. and Peoples Energy Corp. announced they have signed a definitive merger agreement that will create a diversified energy company.

Russia's Power Machines reports earning drop
Annual results from Russian power equipment manufacturer Power Machines Group saw earnings drop from $79 to $25m for 2005 while sales revenues edged ahead up $5m to $667m.

Areva acquire Ritz high Voltage
Areva T & D has signed an agreement with the Ritz Group setting out the terms for the acquisition of the Group's high-voltage Instrument transformers activities.

Globeleq completes Asian power asset deal
Globeleq, the emerging markets power company, announced this week the completion of the purchase of power assets in Pakistan and Bangladesh from El Paso Corporation. El Paso received approximately $38m in exchange for its interest in both plants.

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