Eastern Group's ambitions in Europe.(energy company)

Energy Report, March, 1999

Eastern Group is looking to build an integrated electricity

business across mainland Europe. Paul Marsh, finance director, has said the

company was interested in bidding for municipally-owned power stations in

the Netherlands, of about 3,000MW, which the Dutch government is in the

process of selling off. Eastern is also looking to expand its retail

businesses. It has 5% of Hidro Cantabrico, Spain's fourth largest

integrated energy company, and joint ventures in the Netherlands and