J.P. Morgan
May 29, 2026
EU Utilities and Infrastructure Daily Wire
Daily UpdateEquitiesMacro Economic IndicatorsCommoditiesUtilitiesEnergy
A daily update on European utilities covering Drax's new plant commissioning, RWE's potential Amprion stake increase, and Naturgy's M&A strategy. It also includes global geopolitical insights and market performance data.
Key Takeaways
- 1.Drax (DRX) has completed the commissioning of its first 299MW Open Cycle Gas Turbine (OCGT) plant at Hirwaun Power Station, part of a 900MW expansion.
- 2.RWE is reportedly considering increasing its stake in the power grid operator Amprion to over 40% from its current 25.1%.
- 3.Naturgy (NTGY) is targeting clean energy acquisitions, specifically operational renewable assets, following a simplified shareholder structure.
Table of Contents
- Key Newsflow
- Access
- Company News
- J.P. Morgan View
- JPMC Center for Geopolitics Window on the World
- Markets
- Flows
- Sector Calendar
- J.P. Morgan Global Utilities & Infrastructure Contacts
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Authors
Ian Mitchell
Securities
DRXRWENaturgyEOANEDPSPX
Themes
Grid Modernization and FlexibilityRenewable Energy M&A and PPA GrowthGeopolitical Security Fragmentation
Regions
EuropeMiddle EastNorth AmericaUnited KingdomGermanySpain