GE gives rise to new oil behemoth

The energy industry is in the midst of global consolidation and GE is in many ways a poster child for the trend. Just three weeks after making an offer to buy Denmark's LM Wind Power, the US-based conglomerate is at it again. This time with a transaction almost 20 times as comprehensive as the EUR 1.5 billion bid on the Danish wind company. The latest deal cuts across the spectrum of the energy industry.
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Vestas gets major service contract extended
For subscribers
Statkraft makes major impairments on wind and water
For subscribers
Danish wind producer catches glimpse of 1000 MW target
For subscribers