GDF Suez to buy FirstLight Power
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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WASHINGTON - The global economy has just experienced a period of unique transformation because of COVID-19. The fact that remains constant in this new economic landscape is that our society relies on energy; it’s an integral part of our day-to-day lives. According to the U.S. Energy Information Administration, approximately 80 percent of energy consumption in the United States comes from fossil fuels, so having access to a secure and reliable supply of those energy resources is more important than ever. Below are three examples that highlight how our work at the U.S. Department of Energy’s Office of Fossil Energy (FE)…
