French Utility Companies Suez (formerly SZEZY) and Gaz De France (GAZ.PA in France) have merged to form Europe's 2nd largest Electricity and Gas Group. French Nuclear Power Group EDF (EDF.PA) is the first.
The new company is GDF Suez (GDFZY.pk is the United States ADR).
Suez had been known as a good French Utility with good exposure to Water and Waste Management. However, the merger agreement says there will be a spinoff of 65 percent of Suez's water and waste management arm through a market listing.
With the merger, Eruope's natural gas sector will be firmly dominated by a handful of players including Gazprom of Russia, E.ON of Germany, Eni of Italy, Gasunie of the Netherlands and Norsk-Hydro of Norway.
The longer term stock chart of the original GAZ.PA looks good as the stock has gone steadily up since the 2005 IPO. The stock as of July 30, 2008, is also above the 200 day moving average.
Showing posts with label alternative energy. Show all posts
Showing posts with label alternative energy. Show all posts
Wednesday, July 30, 2008
Monday, June 16, 2008
Long term Trends: Part 4: Cleanup and Waste Management
- Global Industrialization produces more waste by-products.
- High Energy Prices encourages use of Nuclear Energy. Nuclear Waste is a by-product.
- Waste is an alternative energy resource. There is Waste to Energy conversion and even Methane Gas Capture
- Recycling plays an important role as commodity prices (materials) continues to remain expensive.
There are additional current factors:
- There are companies in this group near their current 52 week high.
- This is a good area to be in at this part of the cycle and beyond.
- There is recent merger and acquisition activity. Allied Waste (AW) and Republic Services (RSG) are in the process.
Some of the Industrial and Environmental Cleanup Companies and Waste Management Companies
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