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Duke Energy International is looking to sell its only European power plant, less than a year after acquiring the French cogeneration facility. Petrina Fahey, a spokeswoman at Duke in London, says the U.S. energy merchant put the 103 MW Compagnie Thermique du Rouvray (CTR) combined heat and power plant up for sale a few weeks back.

Tucson Electric Power is looking to sell a planned $850 million, 400 MW plant expansion project in northeastern Arizona to a Denver-based power cooperative.

Felix Kaiser, senior European utility analyst at Goldman Sachs in London, last month took a fixed-income origination position at the bulge bracket bank. He says he will cover electrical utilities and telecom outfits in Goldmans' debt capital markets team. Loic Cathenod replaces Kaiser as senior utility debt analyst, says a spokeswoman.

RWE has reorganized its U.K. trading arm, Innogy Trading & Asset Management, as part of ongoing plans to combine the entity with its RWE Trading unit and to bolster its power and gas marketing presence in the U.K.

Privately owned commodities giantGlencore International is considering a push into power trading following the recent launch of a London-based European gas-trading effort.

PSEG Energy Resources & Trade has hired Rogers Herndon, managing director, global derivatives-power at Bank of America in New York, as managing director-power and natural gas trading. Steve Teitelman, president of the wholesale trading and marketing operation of PSEG in Newark, N.J., says Herndon was the cream of the crop of candidates who applied for the position, which was vacated several months ago by Jeffrey Foose. Herndon, who starts Monday, could not be reached for comment.

Paul Beynon, director and head of trading at Duke Energy International in London, resigned from the U.S energy merchant last week. Reached at home Beynon says he is taking a few weeks off before taking up a new post. He declined to reveal his new position or comment on why he left Duke. Peter Wilt, ceo of Duke's European operation, has assumed Beynon's responsibilities, according to Petrina Fahey, a Duke spokeswoman in London.

Killingholme Power Group, the newly formed bank-owned company that's taken over ownership of the 680 MW Killingholme A power plant in Lincolnshire, U.K., late January, last Wednesday restructured its roughly GBP200 million of non recourse bank debt. The move was necessary to reflect the change in ownership after NRG Energy walked out on the plant and to allow the plant to better meeting its debt-servicing obligations. The financing will likely become a template for future restructurings in both the U.K. and the equally embattled U.S. generation market, says one banker.

AIG Energy has begun beefing up its newly launched London operation with a brace of hires. Market watchers say the subsidiary of triple-A rated insurer American International Group has hired two former Enron Europe veterans,Harry Tefoglou and John Oliver. Both join the firm as v.p.s later this week, adds one official.Matthew Scrimshaw, head of AIG Energy's London operation, who joined earlier this month (PFR, 3/3), declined to comment.

Mandated lead arranger Royal Bank of Scotland launched retail syndication of the EUR690 million ($740 million) Amorebieta project level financing at a bank meeting in Madrid last Thursday.