shareholders – Thinking Port

Power Sector CEOs Join Top Execs in Redefining Corporate Purpose

August 22, 2019 admin AEP, Business, business roundtable, captial, ceos, climate change, duke energy, Environmental, investors, Markets, news, NRG, shareholders, Southern Co.

Credit to Author: Sonal Patel| Date: Thu, 22 Aug 2019 13:36:50 +0000

The list of 181 CEOs who earlier this week moved to publicly degrade shareholder value in a bid to redefine the “purpose of a corporation” includes several chief executives from power companies. The Aug. 19 statement issued by the Business Roundtable, an association of CEOs “to promote a thriving U.S. economy and expanded opportunity for […]

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Siemens Will Exit Power, Gas, Renewable Businesses

May 7, 2019 admin Business, digital, Gas, gas and power, International, Markets, mhps, news, power, Renewables, shareholders, siemens, smart infrastructure, Technology, vision 2020

Credit to Author: Sonal Patel| Date: Tue, 07 May 2019 17:12:37 +0000

Siemens will spin off and give up its majority stake in its lucrative Gas and Power division—comprising its conventional power generation, power transmission, oil and gas, and related services businesses—and transfer its current majority 59% stake in Siemens Gamesa Renewable Energy (SGRE) to the new business. The company’s supervisory board announced the spinoff on May 7 […]

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