Free press releases distribution network?

More news: Energy
Agency / Source: GDF SUEZ | ENGIE

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



GDF SUEZ Strengthens Strategic Partnership with Mitsui in Australia - GDF SUEZ and Mitsui & Co., Ltd (“Mitsui”) have agreed to strengthen their existing partnership in Australia - GDFSUEZ.com
GDF SUEZ Strengthens Strategic Partnership with Mitsui in Australia

 

PRZOOM - /newswire/ - Paris, Ile de France, France, 2013/10/08 - GDF SUEZ and Mitsui & Co., Ltd (“Mitsui”) have agreed to strengthen their existing partnership in Australia - GDFSUEZ.com. FR0010 208488

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

As part of the agreement, Mitsui will acquire a 28 per cent equity interest in five assets from GDF SUEZ Australian Energy, a wholly owned subsidiary of GDF SUEZ.

GDF SUEZ Australian Energy owns and operates 3,540 MW of renewable, gas fired and brown coal-fired generating units in Victoria, South Australia and Western Australia.

GDF SUEZ and Mitsui already have a strong, long-term partnership following a successful track record of joint investment and cooperation for projects in Canada, Europe, the Middle East, Africa, Asia as well as an existing partnership agreement in Australia, where Mitsui has owned 30 per cent of the Loy Yang B power station and 21 per cent of Kwinana power station since 2004. This transaction will extend the existing partnership with Mitsui to the entire Australian portfolio.

The transaction, which comprises four, principally merchant, assets with a total capacity of 2,463 MW and the Simply Energy retail business, will create a common ownership platform across the Australian generation asset portfolio.

This new partnership, which is in line with the Group’s transformation strategy, will contribute to the Group’s 2013-14 portfolio optimisation program and will lead to a reduction in the Group’s net debt upon completion of the transaction, which is expected this month.

The assets involved in the transaction are:

• Canunda, a 46 MW wind farm in South Australia;
• Hazelwood, a 1,542 MW coal-fired power station in Victoria;
• Pelican Point, a 479 MW gas-fired power station in South Australia;
• Synergen, comprising 396 MW gas-fired peaking plants in South Australia;
• Simply Energy, a retail business in Victoria/South Australia with some 350,000 electricity and gas accounts.

About GDF SUEZ
GDF SUEZ (gdfsuez.com) develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: independent power production, liquefied natural gas, renewable energy and energy efficiency services.GDF SUEZ employs 138,200 people worldwide and achieved revenues of €82 billion in 2012. The Group is listed on the Paris, Brussels and Luxembourg stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, ASPI Eurozone, Euronext Vigeo Eurozone 120, Vigeo World 120, Vigeo Europe 120 and Vigeo France 20.

Investor Relations contact:
T: +33(0)1 44 22 66 29 - E: ir[.]gdfsuez.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: GDF SUEZ | ENGIE

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


GDF SUEZ Strengthens Strategic Partnership with Mitsui in Australia

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
GDF SUEZ | Mitsui & Co., Ltd
Contact: Press Office - GDFSUEZ.com 
+33(0)1 44 22 24 35 / +32 2 510 76 70 gdfsuezpress[.]gdfsuez.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any GDF SUEZ | ENGIE securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From GDF SUEZ | ENGIE / Company Profile


Read Energy Most Recent Related Press Releases:

ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  NAKIVO, Inc.

Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today