Bloomberg Two decades ago, when coal ruled US power generation, a Florida utility plowed some of its extra cash into a wind farm atop a desolate Oregon plateau. It was the start of an unimaginably successful bet. This year, that company — now named NextEra Energy Inc — became the world’s first utility with a market capitalisation of more than ...

Bloomberg South Africa appointed Andre de Ruyter as chief executive officer of Eskom Holdings SOC, the debt-strapped utility that provides about 95% of the nation’s electricity and poses the biggest threat to its economy. De Ruyter, who is currently the CEO of Nampak Ltd, will take up the post on January 15, the Department of Public Enterprises said in a ...

Bloomberg After at least a decade of preparations, coal-reliant Poland may be one step away from embarking on its biggest power project ever, with talks on securing the $60 billion in financing entering the final stretch. The country is seeking a foreign investor for a 49% stake in the company that will be responsible for building and operating six reactors, ...