ENRON SALE

KEITH NUTHALL
THE SALE of fallen energy giant Enron's Wind Turbine Business to GE Power Systems, a wholly-owned subsidiary of the General Electric Company, has been approved by the European Commission, following a competition inquiry. Brussels concluded that the deal would not pose any threat to choice within the European power sector. GE Power Systems agreed in February to buy the business from the bankrupt US firm. Wind Turbine Business develops, manufactures and markets wind turbines and the Commission cleared the takeover because GEPS develops, produces ...


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