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Acquisition

2 entries

E

Enron Metals Trading

Enron's short-lived metals trading division, formed through the 2000 acquisition of London-based MG plc for $446 million, which brought copper, aluminum, and other base metals into the company's commodity portfolio before being wound down in late 2001.

business-unit metals trading

Enron Wind

Enron's renewable energy subsidiary, formed through the 1997 acquisition of Zond Corporation, that became one of America's leading wind turbine manufacturers before being sold to General Electric for $400 million after Enron's bankruptcy.

renewable-energy wind-power zond