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... Read More