PLATTS – Under a memorandum of understanding, International Power shareholders are to own 30% and GDF Suez shareholders 70% of New International Power, a company with over 66 GW of gross power generation capacity in operation and committed projects to deliver a further 22 GW, the companies said in a statement. If approved by employees of GDF Suez and shareholders of International Power, the combined business will make GDF Suez the world’s largest generator by revenue and second largest by capacity, the companies said. Read More
