Financial Times FT.com

M&A

Europe could spark off US energy deals

By Ed Crooks and Sheila McNulty

Published: January 29 2009 22:29 | Last updated: January 29 2009 22:29

The US utility industry is ripe for consolidation.

During the past two years, there has been only $128bn of energy utility deals in the US; less than half the $286bn value of deals in the European Union, according to PwC, the professional services firm.

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