French energy giant GDF-Suez is circling the UK’s £40bn new nuclear market. It is tipped to make a bid for either Centrica or Scottish and Southern Energy (SSE) as part of its plans to build new nuclear power stations in the UK. The French firm is already in talks with Spanish energy giant Iberdrola about joining its recently formed joint venture with Scottish and Southern Energy. Sources say the firm is keen to extend its customer base in the UK. Buying either Centrica or SSE would answer that need. A source said: “The word is GDF-Suez plans to buy SSE or Centrica to increase its UK customer base which has only industrial clients at the moment.” However GDF-Suez is keeping its options open.

Related posts...

• June 22, 2010 -- UK Business Energy Prices: (3)
  A new survey carried out by the Economist Intelligence Unit has revealed that over 80% of British firms expect energy and fuel prices to rise sharply and almost 50% have great concern that the UK coul...
• February 21, 2010 -- Identifying a Half Hour Meter: (0)
  How to find out if you have a half hourly meter – So how do you know if you have a half hour meter?  It’s actually quite straight forward, and all you will need to find this out is a recent copy o...
• February 10, 2010 -- UK Business Gas Prices: (0)
  Business Gas Prices can be difficult to understand, as there are many different types of pricing structures available.  You could simply ring around and obtain gas prices direct from suppliers, but it...
• February 7, 2010 -- Oil Prices Back To $70 Range: (0)
  Oil prices plunged in a busy trading session on Friday, triggering big losses across the commodities markets, as investors went back to buying into the US dollar.  Crude oil prices did have a partial ...
• February 5, 2010 -- CRC Business Lights: (1)
  The era of the 'on-all-night' illuminated high street could end, the Environment Agency is predicting. The agency says new rules will force businesses to switch off lights and displays at night to mee...
• February 3, 2010 -- Bglobal Smart Meter Deal: (3)
  Bglobal Plc said it has signed a new agreement to supply and install smart meters for British Gas Business during 2010. The contract value is anticipated at more than £12 million. In addition, the com...