International Power

International Power

International Power plc is a multinational electricity generation company headquartered in London, United Kingdom and a wholly owned subsidiary of GDF Suez.

International Power was formed in 2000 by the demerger of National Power. It was listed on the London Stock Exchange from 2000 to April 2012, and was a constituent of the FTSE 100 Index for most of that period. It had a market capitalisation of approximately £16.9 billion as of 23 December 2011, making it the 24th-largest company on the London Stock Exchange. In February 2011, GDF Suez acquired a 70% interest in International Power. The purchase of the remaining 30% was announced by GDF Suez in April 2012, and the transaction closed in July 2012.

Read more about International Power:  History, Operations

Famous quotes containing the word power:

    You cannot have power for good without having power for evil too. Even mother’s milk nourishes murderers as well as heroes.
    George Bernard Shaw (1856–1950)