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Energos, a Norwegian distributive generation concern, tapped the private equity market earlier this month for EUR40 million to finance the expansion of its business across Europe.

Last Wednesday RWE launched the roadshow in London for a sterling bond offering and initial indications suggest the size of the deal, part of a EUR5 billion multi-currency bond offering (PFR, 4/8), could exceed GBP1 billion ($1.43 billion), making it the largest ever utility debt issuance in the U.K. market.

Den Danske Bank closed syndication last Wednesday of a EUR150 million ($132 million) 18-month corporate revolver for AEP Energy Services, the European energy trading arm of American Electric Power. The Danish bank signed up eight banks during syndication; Bank of New York, Barclays Capital,Bayerische Landesbank, BNP Paribas,Citibank , Den Norske Bank, J.P. Morgan and Royal Bank of Scotland.

Following is a directory of ongoing generation asset sales. The accuracy of the information, which is derived from many sources, is deemed reliable but cannot be guaranteed. To report new auctions or changes in the status of a sale, please call Will Ainger, managing editor, at (44-20) 7303-1735 or e-mail wainger@euromoneyplc.com. Seller Plants Location MW Plant Type Advisor Status American Electric Power/ Northeastern units 3 & 4 Okla. 300 Coal N/A Reviewing sale strategies. Central and Southwest Corp. Lon C. Hill Texas 546 Gas - Nueces Bay Texas 559 Gas - Ennis S. Joslin Texas 249 Gas - AES Fifoots Point Fifoots Point U.K. 363 Coal KPMG (Administrator) Looking to sell plant by end of April ADWEA Um Al Nar Abu Dhabi 1,100 Gas & Water Desalination CSFB Expected to send out RFPs in April. CMS Energy Loy Yang Melbourne, Australia 2,000 Coal Not chosen Announced intention to sell. Ensenada Argentina 128 Gas-fired J.P. Morgan CT Mendoza Argentina 520 Gas-fired J.P. Morgan El Chocon Argentina 1,320 Hydroelectric J.P. Morgan Enel Interpower Italy 2,611 - Lehman, Merrill, - CSFB Enron Bahia Las Minas Panama 355 Various PwC Intention to sell. Pueto Quetzal Guatemala 110 - (administrator) PQPLLC Guatemala 124 - - Margarita II Nicaragua 70.5 - - EcoElectrica Puerto Rico 507 - - Puerto Plata Dominican Republic 185 - - Cuiaba Brazil 480 - - Nowa Sarzyna Poland 116 - - Sarlux Italy 551 - - Trakya Turkey 478 - - Chengdu Cogen China 284 - - Northern Marianas Guam 80 - - Bantagas Philippines 110 - - Dabhol India 2,184 - - Subic Bay Philippines 116 - - Teesside U.K. 1875 Wilton U.K. 154 IVO Energy Brigg U.K. 240 Gas BNP Paribas South Humber U.K. 1,240 Gas - Grangemouth*** U.K. 130 Gas - Edenderry Ireland 120 Peat - Independent Energy Various U.K. 130 N/A KPMG KPMG is handling the asset sale after Independent Energy went into receivership. MARCOR Remediation - Calif. 5.7 Wood - - (A broker acting for an undisclosed seller) Mirant Canal Mass. 1,109 Gas & Oil Part of $1.6B restructuring Kendall Mass. 100 Gas & Oil - Martha's Vineyard Mass. 12 Gas & Oil - North Atlantic Energy Seabrook* N.H. 408 Nuclear J.P. Morgan Must be sold by Dec. 2003. NRG/Xcel CEEP Poland 10 (10% stake) - Goldman Sachs - Csepel II Hungary 389 Gas/Oil - ECK Czech Republic 350 (44% stake) Coal/Gas/Oil - Enfield U.K. 380 (25%) Gas-fired - Killingholme A U.K. 680 Natural Gas - MIBRAG Germany 238 (50% stake) Coal - NRG/Xcel Gladstone Power Australia 1,500 (37.5% stake) Coal - Flinders Australia 760 Coal - Loy Yang A Australia 2,000 (25% stake) Coal - Hsinchu Taiwan 400 (60% stake) Gas-fired - Lanco Kondapalli India 340 (30% stake) Gas/Oil - Collinsville Australia 192 (50% stake) Coal - TermoRio Brazil 1040 (50% sake) Gas - COBEE Boliva 220 (98% stake) Hydro/Gas - Itiquira Energetica Brazil 160 (98% stake) Hydro - Cementos Pacasmayo Peru 66 Hydro/Oil - Bulo Bulo Bolivia 90 (60% stake) Gas-fired - Cahua Peru 45 Hydro - Oman (Ministry of Housing, Rusail Oman 730 Gas CSFB - Electricity & Water) Ghubratt Oman 507 CHP - Wad Al-Jazzi Oman 350 Gas - Ontario Power Generation Lennox Ontario 2,140 Oil, gas Merrill Lynch & Expects to sell Lennox and Lakeview shortly. Lakeview Ontario 1,140 Coal Scotia Capital- Atikokan Ontario 215 Coal - Thunder Bay Ontario 310 Coal - Reliant Resources Argener Argentina 160 CHP - TXU Lake Creek Texas 323 Gas Merrill Lynch Reviewing sales strategy. Tradinghouse Texas 1,340 - - River Crest Texas 110 - - Mountain Creek Texas 893 - - Parkdale Texas 327 - - North Main Texas 123 - Monticello Texas 1,900 Coal Merrill Lynch Is looking to sell an undisclosed number of its Martin Lake Texas 2,250 - - coal assets. Big Brown Texas 1,150 - - Sandow Texas 545 - - Wisconsin Energy Bridgeport Conn. 1,100 (combined) - CSFB Has put up for sale following collaspe New Haven Conn. 1,100 (combined) - - of NRG deal. * North Atlantic Energy owns 34.8% of Seabrook *** Fortum owns 75% of Grangemouth. Mitsubishi owns the remainder.

Bonds Date Maturity Issuer Amount Price Type of Security Coupon (%) Spread to Treasuries Moody's S&P Book Manager(s) 04/08/02 04/15/12 DQE 200 99.899 Notes 6.7 145 Baa1 BBB+ Bank One/Wachovia 04/08/02 04/19/05 Finnish Power Grid 29.8 100 FRNs Floats - NR NR BNP Paribas M&A Date Announced Date Effective Target Target Country Acquiror Acquiror Country Value ($mil) 04/04/02 - Aguas de Valencia Spain Bancaja Spain 14.214 04/04/02 - Lietuvos Dujos(Lithuania) Lithuania Investor Group Germany 38.175 04/05/02 - Aguas de Valencia Spain Caja del Mediterraneo Spain 6.493 04/08/02 04/08/02 Fortum Energie Germany E.On Germany 476.657 04/08/02 04/08/02 Gallivare Photovoltaic Sweden Solarworld Germany - 04/09/02 - BCG Services Canada Emco Canada - Source: Thomson Financial Securities Data Company. For more information, call Rich Peterson at (973) 645-9701.

InterGen has shortlisted five lenders to lead the financing for the construction of an 800 MW combined heat and power plant in Rotterdam, the Netherlands, and is likely to award the mandate within the next 10 days, say London financiers. ABN AMRO, BNP Paribas, Credit Lyonnais, KBC Bank and Société Générale are the firms still in the running.

InterGen's Cottonwood, Redbud and Magnolia Loans

International Power's GBP175 million Rugeley Loan

InterGen's La Rosita I & II

Citibank, Société Générale