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Bonds Issue Date Maturity Issuer Amt ($ mil) Offer Price Type of Security Coupon (%) Moody's S&P Bookrunner 09/21/01 10/01/06 Florida Public Utilities 15 100 IQ Notes 6.85 Aaa AAA E. JONES 09/21/01 05/01/11 TECO Energy 200 103.489 Notes 7.2 A3 A- CSFB 09/25/01 10/01/04 Niagara Mohawk Power 300 99.953 Senior Notes 5.375 Baa3 BBB- SALOMON M&A Date Announced Date Effective Target Name Target Advisors Target Industry Sector Target Nation Acquiror Name Acquiror Advisors Acquiror Industry Sector Acquiror Country Value ($mil) 09/20/01 09/20/01 Edison Mission Energy-Saguaro - Electric, Gas, and Water Distribution U.S. NRG Energy - Electric, Gas, and Water Distribution U.S. - 09/20/01 - Westcoast Energy CSFB/CIBC Electric, Gas, and Water Distribution Canada Duke Energy Merrill Lynch Electric, Gas, and Water Distribution U.S. 8245.73 09/24/01 - Mississippi Valley Gas Goldman Sachs Electric, Gas, and Water Distribution U.S. Atmos Energy Merrill Lynch Electric, Gas, and Water Distribution U.S. 195.0 9/27/01 - Orion Power - Electric, Gas, and Water Distribution U.S. Reliant Resources - - U.S. 2900 Source: Thomson Financial Securities Data Company. For more information, call Rich Peterson at (973) 645-9701.

InterGen expects to syndicate a $470 million non-recourse loan by year-end to finance the construction of a $670 million natural gas-fired power plant in the state of Sao Paulo, Brazil, says Guillermo Espiga, director of project finance at InterGen in Coral Gables, Fla. The company is in the "final stage" of selecting a bank to advise on the financing, he notes

Last Thursday the California Public Utilities Commission (CPUC) was expected to pull the plug on Direct Access in California, the program allowing retail customers to choose their electricity supplier.

Bonds Maturity Issue Date Issuer Amt ($ mil) Offer Price Type of Security Coupon (%) Moody's S&P Bookrunner(s) 08/15/2008 08/16/2001 Northern Illinois Gas 75 99.727 Notes 5.875 Aa1 AA BANK ONE 08/15/2009 08/16/2001 PPL Electric Utilities Corp 500 99.377 Sr Secured Nts 6.25 A3 A- MORGAN STANLEY 08/15/2007 08/16/2001 PPL Electric Utilities Corp 300 99.377 Sr Secured Nts 5.875 A3 A- MORGAN STANLEY 09/01/2011 08/16/2001 Williams 750 99.707 Senior Notes 7.125 Baa2 BBB- LEHMAN/MERRILL/SALOMON 09/01/2021 08/16/2001 Williams 750 99.846 Senior Notes 7.875 Baa2 BBB- LEHMAN/MERRILL/SALOMON 09/01/2004 08/17/2001 Entergy Gulf States 300 100 Fst Mtg Bonds Floats Baa3 BBB- MORGAN STANLEY 03/03/2003 08/22/2001 Alabama Power 167 100 FRNs Floats A2 A LEHMAN 09/01/2004 08/22/2001 Alabama Power 275 99.826 Notes 4.875 A2 A LEHMAN 09/25/2006 08/22/2001 Hokuriku Electric Power 167.3 100 Bonds 0.5 N/A N/A NOMURA M&A Date Announced Date Effective Target Target Country Acquiror Name Acquiror Industry Sector Acquiror Country Value ($mil) 08/16/2001 - Edelnor(Southern Electric) Chile Electroandina Electric, Gas, and Water Distribution Chile 129.2 08/16/2001 08/16/2001 Teplaren Handlova Slovak Rep Hornonitrianske Bane Prievidza Electric, Gas, and Water Distribution Slovak Rep 161 08/20/2001 08/20/2001 TotalFinaElf Connect U.K. Investor Group Electric, Gas, and Water Distribution U.K. 144.48 08/20/2001 08/20/2001 TransAlta Corp-Electrical Canada BC Hydro Electric, Gas, and Water Distribution Canada 13.266 08/21/2001 08/21/2001 Texas Electric Utility Const U.S. InfrastruX Group Electric, Gas, and Water Distribution U.S. - Source: Thomson Financial Securities Data Company. For more information, call Rich Peterson at (973) 645-9701.

The Abu Dhabi Water & Electricity Authority (ADWEA) is considering selling a regional utility as part of plans to boost power and water desalination capacity around Abu Dhabi City.

Société Générale and Bank Muscat expect to close the Al Kamil project loan by next month after waiting for two more banks to sign up at general syndication level, says Peter Conway, project financier at SocGen in London. He declined to elaborate on the names of the banks, but says that even without them the $110 million deal was already 30% oversubscribed before it scaled back the commitment levels. "The banks involved had to scale back on the amount they [invested], to make sure the [loan] was spread out evenly," he notes.

Following is a directory of upcoming Middle Eastern power projects. To report new projects, please call Gero Di Piazza, associate reporter, at (44-20) 7303-1760 or email: gdipiazza@euromoneyplc.com

Bonds Maturity Issue Date Issuer Amt ($ mil) Offer Price Type of Security Coupon (%) Moody's S&P Bookrunner(s) 02/06/2023 08/09/2001 ONDEO Services 212.7 105.313 Fxd/Straight Bonds 6.875 NR A BARCCG 02/09/2002 08/13/2001 Edelnor 7.2 101.18 CP 9.999 N/A N/A N/A 08/16/2003 08/13/2001 TXU 350 100.44 Senior Notes 5.52 Baa3 BBB MERRILL 08/01/2011 08/14/2001 Wisconsin Public Services 150 99.767 Notes 6.125 Aa1 AA AG EDWARDS 08/20/2003 08/15/2001 Appalachian Power 125 Market FRNs Floats Baa1 BBB+ JPM/BNP/BoNY 09/01/2008 08/15/2001 Michigan Consolidated Gas 200 99.816 Sr Unsecured Nts 6.125 A2 BBB+ CSFB M&A Date Announced Date Effective Target Target Country Acquiror Name Acquiror Country Acquiror Industry Sector Deal ($mil) 08/09/2001 08/09/2001 Koszegi Tavhoszolgaltato Hungary Energiecomfort Austria Public Administration - 08/10/2001 - Grazer Stadtwerke Aktingslchft Austria TXU Eastern U.S. Electric, Gas, and Water Distribution - 08/10/2001 - Raufoss Industriservice Norway MjoesKraft Norway Electric, Gas, and Water Distribution - 08/14/2001 08/14/2001 Sarawak Enterprise Malaysia Investor Group Malaysia Investment & Commodity Firms,Dealers,Exchanges 5.153 Source: Thomson Financial Securities Data Company. For more information, call Rich Peterson at (973) 645-9701.

CMS Energy and International Power plan to finance the construction of Al Shuweihat S1, a 1,500 MW power and water desalination plant in Abu Dhabi, through a roughly $1.3 billion 18-year non-recourse loan, says Aarti Singhal, an IP spokeswoman in London. She adds IP, CMS and the Abu Dhabi Water & Electricity Authority will provide a further $320 million in equity capital.

The Egyptian Electricity Authority (EEA) is investigating a greenfield site rich in coal reserves in Sinai for the possibility of building a coal-fired plant, says an official involved in the project.