Wales

Allentown, Pennsylvania-based power utility PPL Corporation (NYSE: PPL) said Tuesday it has completed the permanent financing related to its $6.6 billion acquisition of the former Central Networks electricity distribution companies in the United Kingdom. The acquired companies are operated by PPL's Western Power Distribution under the names WPD East Midlands and WPD West Midlands.

Shares of Allentown, Pennsylvania-based power utility PPL Corporation (NYSE: PPL) are up 4.5% this week after the company announced Monday that it will issue common shares worth about $2.1 billion and equity units worth about $750 million to help finance the acquisition of an energy company in the U.K. The shares and units are expected to be issued April 15.

Alstom SA (EPA: ALO), the world's second-biggest trainmaker, has supplied some of the fastest trains to railways around the globe.

The only bright spot in four quarters of darkness for alternative energy and clean tech stocks came from the global water sector as mirrored by the Claymore S&P Global Water Index exchanged traded fund (ETF) (NYSE: CGW).

Wales is primed to become the setting for the UK’s biggest wind turbine tower factory.

Lomox, a tech company based in Wales, has patented a new chemical composition for their OLED membranes which they say will bring luminescent wallpaper to the market by 2012.

Methane (CH₄), a type of greenhouse gas, remains in the atmosphere 9 to 15 years and traps heat in the atmosphere, warming the earth.