Rising power margin sparks profits for IP

November 2007
Utility Week;11/16/2007, Vol. 28 Issue 6, p21
Trade Publication
The article announces that International Power has reported increased earnings in the nine months to September 30, 2007 due to improved margins on gas-fired power generation in Great Britain. The company's decision to forward-sell output from its 1GW Rugeley coal plant helped profits from International Power's European operations rise by 22 per cent to £377 million. It also reports that group profits were up 12 percent with improved contributions from all regions except Australia.


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