E.ON in talks to sell UK power unit
The paper says the consortium, which it says approached E.ON, comprises the Abu Dhabi Investment Authority, Canada Pension Plan and Macquarie Bank.
The electricity distribution unit is made up of the former Midlands and East Midlands electricity companies and provides power to more than 5 million homes in central England, the paper says.
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Overturning statewide vote, Maine court energizes Hydro-Quebec's bid to export power
BANGOR - Maine's highest court on Tuesday breathed new life into a $1-billion US transmission line that aims to serve as conduit for Canadian hydropower, ruling that a statewide vote rebuking the project was unconstitutional.
The Supreme Judicial Court ruled that the retroactive nature of the referendum last year violated the project developer's constitutional rights, sending it back to a lower court for further proceedings.
The court did not rule in a separate case that focuses on a lease for a 1.6-kilometre portion of the proposed power line that crosses state land.
Central Maine Power's parent company and Hydro-Québec teamed up on the…
