Centrica PLC (LON: CNA) is climbing as AGL Resources Inc. (NYSE: AGL) shares lost in price

Centrica PLC aims above as AGL Resources Inc. decreases

In brief: AGL Resources Inc. (NYSE: AGL) will spend $ 9 billion for the construction of alternative energy facilities.

Centrica PLC (LON: CNA) toruetsya in the green zone today. Centrica PLC shares reached 324.50 points, gaining +4.80 (1.50%). AGL Resources Inc. (NYSE: AGL) can not boast of their income. AGL Resources Inc. of 37.58, losing -1.00 points (-2.59%) yesterday.

AGL Resources Inc. (NYSE: AGL) can spend up to $ 10 billion of Australian dollars ($ 9 billion) to build capacities for production of electricity from renewable sources by 2020, this time Australia will have to get up to one-fifth of its electricity needs from the use of alternative resources. “We need to build about 5 thousand MW are working on alternative sources”, – said Michael Fraser, CEO of the largest companies in Australia for electricity sales. About 33% of capacity AGL up to date, namely renewable energy, including wind, solar and landfill gas.

Igor Tringlers
2010-08-12 10:09, Economics.

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