Chapter 817 Charging Standards


Chapter 817 Charging Standards

As Ivanta said, when the matter of "David's death" has not been made public, the Maryland prosecutors cannot even officially start During the investigation, for the reason of "avoiding the negative impact of unwarranted speculation on the Sinclair Group", Ivanta, as the representative of the group's major shareholder, had every reason to ask his subordinates to intervene.

However, once the Maryland prosecutor officially launches the relevant investigation, Ivanta will definitely not be willing to take the risk of "interfering in the judicial investigation" and continue to interfere in this matter.

So next, if John Smith cannot calm down the impact of this incident on his own, then for the normal operation of Sinclair Group, he must temporarily leave the company's important position.

You must know that although the Sinclair Group owns the entire local TV station network and is a very important TV platform, they also have many competitors in the United States. They have opportunities to use the topic to their advantage. These competitors I will definitely not let it go easily.

"I will find someone to talk to him. I believe he will understand the importance of the matter."

Barron finally said to Ivanta.

"By the way, there is one more thing, dear..."

Ivanta took Barron's hand and said:

"My father said he had time If so, I hope we can go home and have a meal together. After all, he also cares about me..."

"Okay, baby, that's no problem, you just have to arrange it."

...

After entering August, United Energy Group finally reached an agreement with Germany's Rheinland Energy Group. It will acquire 32% of the shares of Italian National Electricity Company (ENEL) from the other party at a price of 13 billion euros (equivalent to approximately 18.655 billion U.S. dollars).

This transaction will be carried out in cash. Within one month, United Energy Group will complete the share delivery with Rheinland Energy Group and pay off the payment.

After this, United Energy Group will become the second largest shareholder of Enel after the government.

In the early days, the Italian electric power industry was mainly operated by private enterprises. After 1962, according to the "Public Electricity State-Owned Law", the government took over the country's private electric power companies and established the state-owned Italian National Electric Power Company (ENEL) to handle power generation, transmission and distribution. Adopting a vertically integrated management system, it currently has 30 million customers across Italy, accounting for 87% of the entire Italy. It is the largest power generation and electricity supplier in Italy.

At present, Enel has two main business branches: electricity and natural gas.

Its subsidiary natural gas company (EnelReteGas) currently accounts for 15% of the Italian domestic market share and is the second largest natural gas supplier in Italy.

In addition, Enel has more than 20 companies and institutions in electricity, energy equipment manufacturing, environmental protection equipment manufacturing, research and development, and new energy development.

Italy has more than 10 wholly-owned, joint-venture or equity-owned companies abroad, mainly in Spain, Slovakia, Romania, Bulgaria and other countries.

For example, Enel currently holds about 18% of the shares in Endessa, Spain's largest power company.

“Morgan Stanley currently holds 6.6% of the shares of Enel. They originally purchased it from the Italian government at a price of 2.17 billion euros. Now our offer of 2.68 billion euros is still too much. More positive..." Epeli Singleton, CEO of United Energy Group, told Barron on the phone:

"But this deal must be approved by the Italian side. After all, if we complete this transaction, the shares held by Enel will exceed the Italian government and become the controlling party of this company..."

"Then we can propose it at the same time Request to acquire part or all of the Italian government’s shares and demonstrate to Italy our plan to merge the British Electricity Distribution Company and British Gas Company under the United Energy Group with Enel, which will become the European largest power group and we can guarantee that the combined company will continue to increase its investment in Italy.”

Of course, negotiations with Italy may not go too smoothly.

But Barron knew that after Berlusconi resigned as prime minister in November this year, he was replaced by Mario Monti, known as "Super Mario", an academic Economists, after he took office, committed to cutting government spending and liberalizing economic reforms in Italy. Therefore, by then the Italian government is likely to be willing to divest its holdings in Enel, thereby gaining funds to deal with Italy's sovereign debt crisis.

There are still more than three months to go. During this time, United Energy Group can first integrate their electricity and natural gas businesses so that they can be merged with Enel's business.

So he told Eppelli:

“The merger with Enel will also involve the EU’s relevant antitrust review. In this regard, we also need to do a good job in advance. Work.”

Well, it’s worth mentioning that Mario Monti currently serves as the European Union’s Antitrust Commissioner.

......

Also in August, the British Automotive Group and Tesla jointly established the "Standard Charging Alliance" and will launch the SCC (Standard Charging Connector) charging standard.

This charging standard is the result of an electric vehicle-related research center jointly established by both parties. This charging standard will be used on the Tesla Model S sedan to be launched next year.

At the same time, the ConceptOne supercar jointly launched by Rimac Automobili and Aston Martin, which will be delivered starting this year, will also use this charging standard.

And at the Frankfurt Motor Show in September this year, Rimac's second electric supercar will also be unveiled.

This electric supercar named Nevera11 will also use the SCC charging standard.

Nevera11 electric supercar is based on ConceptOne and uses their latest battery pack technology to improve the performance of the sports car in all aspects and once again refresh a series of records created by ConceptOne. It is currently the most powerful electric sports car in the world.

And because the British Automotive Group’s electric supercar manufacturing center in England has expanded in scale and increased production capacity, 99 units of the Nevera11 electric supercar are expected to be sold worldwide, and the estimated price of each vehicle is It is worth US$1.2 million and will be delivered gradually starting from the beginning of next year.

At the same time, British Automobile Group will hold an electric car championship in Newport City, where Aston Martin is headquartered, starting next year to promote electric racing.

(End of this chapter)

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