A consortium controlled by Hong Kong billionaire Li Ka-Shing has offered Friday to buy the UK electricity networks of French power group EDF Energy for GPB5.78bn ($9bn).

France's GDF Suez and Britain's International Power have revived tie-up talks as GDF Suez seeks to bolster its power production clout in emerging markets.

ArcLight Capital Partners LLC, through its unit AL Sandersville Holdings LLC, bought a eight-unit, 640 MW natural gas-fired peaking facility in Georgia from KGen Power Corp. for $130 million.

Babcock & Wilcox's previously announced spinoff will take place July 30, following approval by its parent company's board of directors.

The board of directors of Chloride Group has approved Emerson Electric’s revised $1.5bn takeover offer, and says it will recommend that Chloride shareholders tender their shares at the deal price of GBP3.75 ($5.67).

The Western Governors' Association urged Congress to increase federal loan guarantee authority for new nuclear development by $36 billion

The U.S. Environmental Protection Agency denied 10 petitions challenging its 2009 determination that climate change is real, is occurring due to emissions of greenhouse gases from human activities and threatens human health and the environment.

The Weekly Coal Update is a compilation of the amount of coal produced in the U.S. every week.

The Henry Hub is the pricing point for natural gas futures contracts traded on the New York Mercantile Exchange (NYMEX).

GSE Systems Inc. has received $7 million of new work in its nuclear simulation sector.