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:
“I talk democracy to these men and women. I tell them that they have the vote, and that theirs is the kingdom and the power and the glory. I say to them “You are supreme: exercise your power.” They say, “That’s right: tell us what to do;” and I tell them. I say “Exercise your vote intelligently by voting for me.” And they do. That’s democracy; and a splendid thing it is too for putting the right men in the right place.”
—George Bernard Shaw (1856–1950)