GE confirms $16.9bn Alstom bid in move to create renewables powerhouse

James Murray
clock •

Door still open for rival bid from Siemens, as French engineering giant mulls offer

GE has confirmed it has tabled a $16.9bn bid for French engineering giant Alstom, in a move that would create one of the world's largest manufacturers of clean technologies. Following several days of...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Tony Blair Institute urges Europe to pursue 'electrostate' energy strategy

'The time is now': Santa Marta Conference closes with pledge to deliver new wave of fossil fuel transition roadmaps

More on Energy

UK-US consortium targets first nuclear fusion power plant by mid-2030s
Energy

UK-US consortium targets first nuclear fusion power plant by mid-2030s

Bill Gates-backed Type One Energy, UK-based Tokamak Energy, and infrastructure services giant AECOM reveal plans to deliver UK's first commercial fusion facility within a decade

Michael Holder
Michael Holder
clock 06 May 2026 • 3 min read
Bentley Motors inks solar PPA to power UK headquarters
Energy

Bentley Motors inks solar PPA to power UK headquarters

Agreement will see Sonaura develop and operate a 7MW solar project to supply Bentley Motors' UK headquarters via private wire

Amber Rolt
clock 06 May 2026 • 1 min read
Europe's energy shock is a warning - the clean energy transition isn't moving fast enough
Energy

Europe's energy shock is a warning - the clean energy transition isn't moving fast enough

As geopolitical disruption returns, the real risk is not over-ambition on electrification – but continued over dependence on fossil fuels and a lack of energy diversification in an era of rising demand, writes AECOM's Robert Spencer

Robert Spencer, AECOM
clock 06 May 2026 • 5 min read