Forbes
Thomson Financial News
E.ON, Shell in talks over London Array wind park project – report
07.15.08, 3:27 AM ET
FRANKFURT (Thomson Financial) –E.ON AG. is in talks with Royal Dutch Shell to acquire the latter’s stake in their joint wind park project London Array off the British coast, Boersen-Zeitung reported, citing company sources.
Shell in May decided to withdraw from the project, citing higher-than-expected costs which according to the report could cost up to 2.6 billion euros.
Denmark’s Dong Energy also holds a one-third stake in the 1,000-megawatt project.
fr1/jlc
Copyright Thomson Financial News Limited 2008. All rights reserved.
http://www.forbes.com/afxnewslimited/feeds/afx/2008/07/15/afx5214150.html
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.