Utility - Page 4

Swedish utility Vattenfall posts 54% profit rise

STOCKHOLM – Swedish utility Vattenfall reported a 54% rise in second-quarter operating earnings on Friday as higher electricity prices across the Nordic region, Germany and the Netherlands boosted sales. Underlying earnings before…
July 22, 2022

Finnish utility Fortum to quit Russia

COPENHAGEN -Finland’s Fortum will exit Russia and is looking for a buyer for its assets there, the utility said on Thursday, as the country flagged an application to join NATO in a…
May 12, 2022

Dubai utility DEWA rises 20% above IPO price

DUBAI – Shares in Dubai Electricity and Water Authority (DEWA) surged about 20% on their market debut on Tuesday after its $6.1 billion initial public offering (IPO), the region’s biggest since Saudi…
April 12, 2022