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Eastern Group is to change its name to TXU Europe following its recent acquisition by Texas Utilities, although the Eastern name will be retained for its UK power distribution and household electricity supply businesses. 09-Nov-1999 Eastern Group has put its Eastern Electricity meter reading division up for sale, and all 500 permanent staff will be transferred to the new owner. 29-Oct-1999 Eastern Group is considering plans to move its staff to the former Bentwaters airbase in Suffolk while its current premises in Ipswich undergo a refit. 15-Oct-1999 Eastern Group is investing $312m in a joint venture with Pohjolan Voima in order to gain 600MW of thermal generating capacity in Finland, as part of a strategy to build up a pan-European energy business by forming a series of partnerships. 25-Sep-1999 Eastern Group has won government approval to convert its 1,000MW coal-fired power station at Rugeley to burn gas, and AES has also won approval to convert a 140MW oil-fired plant at Indian Queens in Cornwall. 17-Sep-1999 Eastern Group is to cut 500 jobs at offices in north London and Peterborough in response to the high costs involved with the doorstep selling of electricity and gas, and will instead focus on telephone marketing and joint ventures. 11-Jun-1999 Eastern Group is said to be considering plans to form an alliance with VEW of Germany as part of a strategy to expand its power business in continental Europe. 31-May-1999 Eastern Group is acquiring a 36% stake in Savon Voima, the Finnish power company, for £42m, and has an option to buy a further 55%. 06-May-1999 Eastern Group has become the first UK company to join the Swiss Electricity Price Index, the recently-formed power trading market in Switzerland. 28-Apr-1999 Eastern Group is planning to spend £10m on improvements to its Eastern Electricity network in Gorleston and Yarmouth, which will involve linking homes to the new power station at South Denes. 02-Apr-1999 Eastern Group is planning to develop an integrated electricity business across continental Europe, and is particularly interested in buying the power stations being sold off by the Dutch government. 15-Mar-1999 Eastern Group has opened an office in Paris as it prepares to apply for licences to trade in electricity and gas across France. 05-Mar-1999 NTL is acquiring the telecommunications business of Eastern Group for £91m, which will give it a fibre optic network covering the south and east of England as well as 121 mobile phone radio masts in East Anglia. 23-Dec-1998 Eastern Group is acquiring holdings in Citigen (London), BG Cogen, and Sheffield Heat & Power from BG for £16m. 22-Dec-1998 Eastern Group has bought a 20% stake in the Johnston gas field in the southern North Sea from Monument Oil & Gas for £20m. 19-Dec-1998 Eastern Group is planning to form an alliance with Hidroelectrica del Cantabbrico of Spain, and is also looking for trading partners in Germany, Poland, the Netherlands and the Czech Republic. 11-Dec-1998 Eastern Group has won government approval to build a £100m combined heat and power plant to supply Shotton Paper on Deeside, north Wales, and 350 construction jobs will be created. 04-Dec-1998 Eastern Energy is forming an alliance with Energie Noord West to sell natural gas to large industrial customers in the Netherlands. 20-Nov-1998 Eastern Group has bought shares in the North Sea's Ravenspurn and Johnston gas fields from BHP for about £100m. 06-Nov-1998 Eastern Group is planning to invest £100m in a flue gas desulphurisation system to clean up emissions from its West Burton power station in Nottinghamshire. 24-Sep-1998 Eastern Group is planning to acquire a 36% stake in Savon Voima, the Finnish regional power business, for about £40m, and may take a controlling stake later. 20-Aug-1998 Eastern is linking up with Barclaycard to offer savings on energy bills to customers who pay with their credit card, and further details will be announced later in the year. 19-May-1998 Eastern Group has selected County Antrim in Northern Ireland as the site for its first wind energy project, as it aims to produce 10% of its electricity from renewable sources by 2010. 14-May-1998 Eastern Group is offering to buy extra coal for every new customer it gains for its electricity package, in a link-up with RJB Mining that is aimed at saving mining jobs. 07-Jan-1998 Eastern Group has announced plans to sell both electricity and gas when the markets are deregulated, and will offer a £30 cash-back to households that switch to its electricity and a discount of up to 25% off British Gas prices. 15-Dec-1997 RJB Mining has won a contract to supply 4m tonnes of coal a year to Eastern, part of the Energy Group, at an undisclosed price. 15-Nov-1997 Eastern Group has applied to the government for permission to spend £40m converting its power stations at Drakelow and Rugeley to burn gas as well as coal. 17-Sep-1997 Rolls-Royce is to build a £35m power station in Birmingham for Eastern Group, which will use a modified aircraft engine as its generator. 16-Jul-1997 Eastern Group and Celtic Energy are discussing the construction of a 400MW clean coal power station at a cost of £300m. 17-Feb-1997 Hanson has said it is not considering a trade sale of Eastern Group, the UK arm of its Energy Group which is being demerged in February. 12-Dec-1996 Eastern Group has acquired an 11% stake in Severomoravska Energetika, the supplier of electricity to 1m Czechs, for undisclosed terms. 07-Nov-1996 Eastern Natural Gas, the Eastern Group subsidiary, has agreed a £100m deal to take British Borneo's and Lasmo's shares of the Boulton natural gas field in the North Sea. 15-Aug-1996 Eastern Group, the regional electricity company, has negotiated to buy over £850m of gas from Shell and Esso for use in its power stations at King's Lynn and Peterborough. 18-Jun-1996 Eastern Group is to buy two power stations from PowerGen - High Marnham and Drakelow C. 19-Sep-1995 Eastern Group is to cut 400 jobs, to counteract stricter controls on pricing. 09-Sep-1995
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