More reports on: M&A
GDF Suez and UK's International Power renew merger talks news
19 July 2010

GDF, which has a market value of approximately €70 billion, had 2009 revenues of €79.91 billion and net income of €4.477 billion. As of 31 December 2009, the company had cash reserves of around €10.5 billion.

Although it operates in all the continents, 80 per cent of its revenues come from Europe.

London-based International Power, formed by the demerger of National Power in 2000, generates electricity from various sources, including gas, coal, wind, solar, pumped storage, oil, and water.

It supplies power to more 4 million households in the UK.

As of 14 April 2010, the company had 45 power plants with 32,358 megawatts of capacity in operation and 4,567 megawatts of capacity under construction. It operates in North America, Europe, the Middle East, Australia, and Asia.

For 2009, it reported revenues of £3.7 billion, net profit of £996 million and has a market value of £4.82 billion.





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GDF Suez and UK's International Power renew merger talks