French electricity prices fell to their lowest level in six years as a growing supply glut leaves the country struggling to export excess power in the coming months.
CK Group has agreed to sell the UK’s largest power-distribution network for £10.5 billion ($14.2 billion), as Hong Kong billionaire Li Ka-shing accelerates divestment efforts to insulate his empire from geopolitical risk.
President Donald Trump is set to highlight his administration’s efforts to ensure that technology companies’ buildout of energy-hungry data centers won’t raise electricity prices and cause other burdens for consumers.
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