CGE will face antitrust suits: rival
The banks – Abbey, Bayerische Landesbank, Bank of Scotland, HVB, Lloyds TSB and The Royal Bank of Scotland – set up CGE Power with the intention of buying around 10–14GW of distressed UK power assets, following a “bank-friendly” model that would see full recovery of debt in the plants owned by the banks.
But the executive, from a rival asset
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