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Russian, Chinese Firms Mull UK Power Plant Purchases - Report

LONDON--Russian gas monopoly Gazprom OAO (GAZP.RS) and China Guodian Corp., one of China's largest state-owned utilities, are interested in purchasing U.K. power stations, The Sunday Times reports without citing sources. Gazprom plans to launch a bid for EDF Energy's Sutton Bridge power plant in Lincolnshire, England, the newspaper reports. It added that EDF Energy, a unit of Electricite de France SA (EDF.FR), has hired Rothschild to run the auction. China Guodian Corp. has hired Goldman Sachs Group Inc. (GS) to bid for General Electric Co.'s (GE) Baglan Bay power plant in South Wales. Gazprom, General Electric and EDF weren't immediately available for comment. Newspaper web site: www.timesonline.co.uk Write to Alex MacDonald at alex.macdonald@dowjones.com

Stock News for Gen Electric (GE)
DateTimeHeadline
07/01/201503:00:04Airports Commission Backs Third Heathrow Runway
06/30/201519:32:00GE Union Members Vote ‘Yes’ on New Four-Year Contracts
06/30/201518:00:055 Things General Electric Company's Management Wants You to Know
06/30/201510:16:00GE Capital Provides $72 Million to Landmark Healthcare Facilities...
06/30/201508:10:05GE Sells European Private-Equity Finance Unit to Japan's SMBC
06/30/201506:30:00GE Agrees to Offer Terms for European Sponsor Finance Sale to...
06/30/201506:30:00GE Provides Update on Sale of Appliances
06/29/201522:40:15Japan's SMBC Nearing Deal for GE European Private-Equity Finance...
06/29/201513:13:14GE Strikes Multibillion-Dollar Deals to Sell Fleet Units--2nd...
06/29/201512:14:51Hungary Pays $700 Million for GE Capital's Local Arm
06/29/201505:30:05GE Strikes Multibillion-Dollar Deals to Sell Fleet Units
06/29/201504:59:31GE Strikes Multibillion-Dollar Deals to Sell Fleet Units--Update
06/29/201503:43:35GE to Sell Fleet Businesses in U.S., Australia and New Zealand
06/29/201502:26:00GE to Sell Majority of Global Fleet Business to Element Financial...
06/25/201513:39:45Annual Report of Employee Stock Plans (11-k)
06/25/201510:55:34Electrolux Working on Succession Plans
06/25/201501:29:10How Much the Best-Performing and Worst-Performing CEOs Got Paid
06/24/201516:40:00GE Announces Details of Proposed Labor Contracts
06/24/201508:00:00GE Capital Extends Multi-Year Financing Agreement for Schiller...
06/24/201506:00:06How Much the Best-Performing and Worst-Performing CEOs Got Paid

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