Rebirth of England.

Chapter 817 Charging Standards
Just as Ivanta said, when the matter of "David's death" had not yet been made public and the Maryland prosecutors could not even formally launch an investigation, Ivanta, as the representative of the group's major shareholder, had every reason to let his men intervene on the grounds of "avoiding the negative impact of unwarranted speculation on the Sinclair Group."

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

Therefore, if John Smith cannot calm the impact of this incident by himself, then for the normal operation of the Sinclair Group, he must temporarily leave his important position in the company.

You know, although the Sinclair Group owns the entire local TV station network and is a very important TV platform, they also have no shortage of competitors in the United States. If there is an opportunity to take advantage of the situation, these competitors will certainly 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 this to Ivanta.

"Oh, there's one more thing, dear..."

Ivanta took Barron's hand and said:
"My father said that if he has time, he hopes to go home and have a meal with me. After all, he cares about me a lot..."

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

……

After entering August, United Energy Group finally reached an agreement with Germany's Rhein Energy Group. They will acquire 8% of the shares of Italy's National Electricity Company (ENEL) from the other party for 130 billion euros (equivalent to about 186.55 billion US dollars).

This transaction will be conducted in cash. Within one month, United Energy Group will complete the share transfer with Rhine Energy Group and pay the full amount.

From now on, United Energy Group will become the second largest shareholder of Enel after the government.

In the early days, Italy's electricity industry was mainly operated by private enterprises. After 1962, in accordance with the "Public Electricity Nationalization Law", the government took over the country's private power companies and established the state-owned Italian National Electricity Company (ENEL), which adopted a vertically integrated management system for power generation, transmission and distribution. Currently, it has 3 million customers across Italy, accounting for 87% of the whole of Italy, making it the largest power generation and supply provider in Italy.

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

Its subsidiary natural gas company (Enel Rete Gas) currently has a 15% market share in Italy and is the second largest natural gas supplier in Italy.

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

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

For example, Enel currently holds approximately 18% of the shares of Endesa, the largest power company in Spain.

"Morgan Stanley currently holds a 6.6% stake in Enel, which they originally purchased from the Italian government for 21.7 billion euros. They are quite positive about our offer of 26.8 billion euros..." Epel Singleton, CEO of United Energy Group, told Barron's on the phone:

"However, this transaction must be approved by Italy. After all, if we complete this transaction, the shares of Enel will exceed those of the Italian government, making us the controlling shareholder of the company..."

"Then we can also propose to acquire part or all of the Italian government's shares, and show Italy our plan, which is to merge British Electricity Distribution and British Gas under United Energy Group with Enel, which will become the largest power group in Europe, and we can guarantee that we will continue to increase the investment of the merged company in Italy."

Of course, the negotiations with Italy may not be too smooth.

But Barron knew that after Berlusconi resigned as prime minister in November of this year in the original time and space, he was succeeded by Mario Monti, known as "Super Mario", an academic economist. After he took office, he was committed to cutting government spending and carrying out liberal economic reforms in Italy. Therefore, at that time, the Italian government would most likely be willing to withdraw its holdings in the Italian National Electricity Company to obtain funds to deal with Italy's sovereign debt crisis.

There are still more than three months left, during which United Energy Group can first integrate their electricity and natural gas businesses so that they can be merged with the businesses of the Italian National Electricity Company.

So he said to Epeli:
"The merger with Enel will also involve antitrust review by the European Union. In this regard, we also need to do a good job in advance."

Well, it’s worth mentioning that Mario Monti’s current position is the EU’s antitrust commissioner.

……

Also in August, the British Automobile Group and Tesla jointly formed 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 the two parties. This charging standard will be used in the Tesla Model S sedan to be launched next year.

At the same time, the Concept One supercar jointly launched by Rimac Automobili and Aston Martin, which will be delivered 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 Nevera 11, will also use the SCC charging standard.

The Nevera 11 electric supercar is based on Concept One and uses their latest battery pack technology to improve the performance of the sports car in all aspects, once again breaking a series of records set by Concept One. It will be the most powerful electric sports car in the world.

And because the scale of British Motor Group's electric supercar manufacturing center in the UK has been expanded and its production capacity has been increased, the Nevera 11 electric supercar is expected to be sold 99 units worldwide, with an estimated price of US$120 million per car, and will be delivered in batches starting from the beginning of next year.

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

(End of this chapter)