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:
“All goes to show that the soul in man is not an organ, but animates and exercises all the organs; is not a function, like the power of memory, of calculation, of comparison, but uses these as hands and feet; is not a faculty, but a light, is not the intellect or the will, but the master of the intellect and the will; is the background of our being, in which they lie,an immensity not possessed and that cannot be possessed.”
—Ralph Waldo Emerson (18031882)