Mild Winter Would Discontent British Energy

Summary


BRITISH Energy, the nuclear generator, will this week try to calm market jitters over falling power prices when it reports its maiden annual results since relisting in January following a GBP 1bn debt for equity swap.

Shares in the Livingston-based group lost 3.5 per cent of their value on Friday, with investors concerned at falling wholesale energy prices for winter.

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Mild Winter Would Discontent British Energy

Citigroup says there is a 96 per cent correlation between the pr...

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