International Power and GDF Suez form combined business

British energy firm International Power and France-based GDF Suez have announced that the closing of the Combination of International Power and GDF Suez’s Energy International Business Areas (outside Europe) and certain assets in the UK and Turkey (GDF Suez Energy International) occurred today.

The combined business will have more than 66,000MW of gross capacity in operation and committed projects expected to deliver 22,000MW of gross capacity by 2013, with strong positions in major regional markets and an attractive growth profile.