International Power

International Power

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International Power

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Description:
International Power PLC () is an international electricity generator formed in 2000 by the demerger of National Power. It is headquartered at Senator House, 85 Queen Victoria Street in the City of London. It is listed on the London Stock Exchange and, after a two and a half year absence, it rejoined the FTSE 100 Index in March 2005.

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.

History

In 2000 National Power demerged its UK businesses as Innogy with the remainder of the business being renamed International Power.

Operations

International Power plc is a leading independent electricity generating company with 20,671MW (net) in...
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