Zeeland energy firm Delta hires Morgan Stanley to assess its future

Tuesday, February 18, 2014

Energy group Delta, which is still in the hands of Zeeland local authorities, has hired merchant bank Morgan Stanley to investigate a potential merger or sale, the Financieele Dagblad says on Wednesday.

'We are taking a broad approach,' a spokesman told the paper. 'We can continue as an independent, merge or be sold off, and that could involve an international company.'

Posted in | »

Dutch nuclear future unresolved as political coalition looms

Thursday, September 13, 2012

A likely political coalition between the Netherland's pro-nuclear VVD party and the antinuclear PvdA party after Wednesday's inconclusive election result will almost certainly put plans for a new nuclear power station at Borssele on hold.

The center-right VVD party led the polls Wednesday with 26.5%. The center-left Labour PvdA party came a close second with 24.8%.

Posted in | »

RWE AG : Dutch Utility Delta Shelves Plan To Build 2nd Nuclear Plant

Monday, January 23, 2012

AMSTERDAM -(Dow Jones)- Dutch utility Delta NV said Monday it has shelved its plan to build a second nuclear plant in the Netherlands, in the latest example of waning appetite for atomic power in Europe.

Delta NV, which aimed to build the plant together with Germany's RWE AG, said the current market climate makes it no longer viable to move ahead with the project and that it will shelve its plans for two to three years.

Posted in | »

Dutch Court Rules Stake In Nuclear Plant Can't Go To RWE

Monday, January 24, 2011

AMSTERDAM (Dow Jones)--The Dutch Supreme Court Friday upheld an interim injunction that prevents German utility RWE AG (RWE.XE) from obtaining a 50% stake in the only nuclear power plant in the Netherlands.

The ruling is a setback for RWE, which acquired Dutch utility Essent in 2009, but a final decision on whether RWE will eventually gain control of the stake in the Borssele reactor could still take years.

Posted in | »

RWE interested in Dutch nuclear newbuild if new govt revokes ban

Friday, February 26, 2010

German utility RWE has indicated its interest in building a nuclear power plant in the Netherlands should a new government revoke the ban on such projects, RWE CEO Juergen Grossmann said at the company's annual earnings press conference Thursday in Essen.

"We are interested and we are competent," Grossmann said, when asked about the issue by a Dutch journalist.

Posted in | »

RWE will fight for Dutch nuclear stake

Thursday, June 4, 2009

LONDON (Reuters) - German RWE, Europe's fifth-largest utility, will fight to take over Essent's stake in the Netherland's only nuclear power plant, disputing a claim by peer Delta that it should sell it on.

RWE does not have to comply with a demand by Dutch state-owned utility Delta to sell on the 50 percent stake of the Borssele nuclear power plant it is buying as part of its 8.2 billion euro ($11.6 billion) takeover of Essent, RWE finance director Rolf Pohlig said in an interview.

Posted in | »

Dutch scupper new nuclear plant hopes before 2011

Thursday, September 11, 2008

AMSTERDAM, Sept 11 (Reuters) - The Dutch government ruled out on Thursday any chance of Dutch utility Delta gaining permission to build the country's second nuclear power station during the current administration's term of office to 2011.

'The coalition government agreement is crystal clear. We will not make any decisions over the construction of new nuclear power stations,' Environment Minister Jacqueline Cramer of the Labour party (PvdA) told Dutch radio station BNR.

Posted in | »

Support for nuclear power grows

Wednesday, September 3, 2008

A statement by the Socialists that nuclear power is not a taboo subject within the party could signal a parliamentary majority in favour of building new nuclear power plants in the Netherlands, reports Wednesday’s Telegraaf.

‘Everything is open to discussion. Nuclear power is not taboo for the SP,’ Socialist party (SP) leader Agnes Kant is quoted by the paper as saying.

Posted in | »

Delta bouwt centrales over de grens

Tuesday, October 9, 2007

PZC, 5 oktober 2007

Energiebedrijf Delta wil in België centrales bouwen. De ruimte in het Sloe wil het benutten voor een tweede kerncentrale. "Met de Sloecentrale zijn we er niet."
De palen voor de Sloecentrale zijn koud de grond in of Delta kijkt al weer verder. "We moeten wel, om de concurrentie het hoofd te bieden." Voor de duidelijkheid trekt Dick van der Klaauw, directeur energie, een vergelijking met koeriersbedrijven. "Wij zijn een koerier met vier auto's en concurreren met bedrijven met drieduizend wagens. Valt er bij ons een auto uit, dan merken we dat direct."

Posted in | »