GDF Suez to buy FirstLight Power
MONTREAL, QUEBEC - European power and water utility giant GDF Suez, in which Power Corp. of Canada is an important investor, said it is buying FirstLight Power Enterprises Inc., which operates hydro and natural gas electricity-generating plants in Massachusets and Connecticut.
The deal is worth an estimated $1.7 billion US. The seller is the U.S. private equity group Energy Capital Partners, which owns 15 other small power plants.
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LONDON - Science doesn’t usually take after fairy tales. But Rumpelstiltskin, the magical imp who spun straw into gold, would be impressed with the latest chemical wizardry. Researchers at Rice University report today in Nature that they can zap virtually any source of solid carbon, from food scraps to old car tires, and turn it into graphene—sheets of carbon atoms prized for applications ranging from high-strength plastic to flexible electronics. Current techniques yield tiny quantities of picture-perfect graphene or up to tons of less prized graphene chunks; the new method already produces grams per day of near-pristine graphene in the…
