Category Archives: Companies

Iberdrola and CFE agree to develop energy projects

EFE – Spain’s Iberdrola and the Mexican Federal Electricity Commission signed an agreement to develop electricity and natural gas projects in Mexico under the energy industry overhaul. The agreement is based on “an accord signed a year ago by the two companies that called for investment of around $5 billion by Iberdrola until 2018.

Element to buy GE fleet management in Mexico, U.S.

Market Watch – Element Financial Corp. has entered into an agreement with GE to acquire GE Capital’s remaining North American fleet management operations in the US and Mexico, as well as GE Capital’s fleet management operations in Australia and New Zealand for an all-cash purchase price of $8.6 billion Canadian.