In August 2010 the company announced a tie-up with GDF Suez via a reverse takeover whereby GDF Suez transferred its Energy International Business Areas (outside Europe) and certain assets in the UK and Turkey to International Power in exchange for 70% of the stock of the combined entity. The remaining 30% remained in the ownership of the existing International Power shareholders. The combination closed on 3 February 2011 following approval by shareholders.
In 2000 National Power demerged its UK businesses as Innogy with the remainder of the business being renamed International Power.
International Power plc is a leading independent electricity generating company with 20,671MW (net) in... Read More