International Power announced a 9% increase in operating profits for the first half of the year despite reporting a 6% decline on the London Stock Exchange as one of the FTSE’s leading fallers. Up 9% from last year’s profits at €1,471 million (2010: €1,350 million), the company, 70% owned by France’s GDF Suez, were confident […]

GDF SUEZ and International Power have announced Power Purchase Agreements over wind energy in Canada. The two PPA’s secure wind farms in Ontario and another development in British Columbia. IPR-GDF SUEZ North America has secured 20-year PPAs with the Ontario Power Authority for all of the output from the 99MW Erieau and 99MW East Lake […]

GDF SUEZ and International Power’s gas-fired power plant in New York City has begun commercial operations. The Astoria Energy II plant is part of a project that cost US$1.3 billion to develop. Philip Cox, CEO of International Power which is 70% owned by GDF, said: “New York is an attractive market and this project adds […]