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  • As China met with Mongolia to agree to lend the nation $500 million for infrastructure, mining and finance sectors, the countries also made a preliminary agreement to cooperate in the development in of radioactive minerals and nuclear energy.
  • Scottish & Southern Energy is likely to purchase no more than 10% in the sale of EDF shares. EDF is expected to garner about GBP4 billion ($5.83 billion) in the sale.
  • Areva and Siemens' nuclear power venture is being investigated by the European Commission after Siemens revealed previously undisclosed non-compete clauses to the regulating body.
  • GDF Suez has won a $1.7 billion contract to build two new power plants in Oman, in a consortium with Siemens and GS Engineering & Construction.
  • Allegheny Energy has completed the sale of its electric distribution operations in Virginia, Potomac Edison Co., to Rappahannock Electric Cooperative.
  • Louisiana lawmakers are hoping to pass several bills allowing the state to take advantage of renewable energy in the midst of the Gulf oil spill.
  • Energy Transfer Partners, a distributor of natural and propane gas, has begun construction on the 175-mile Tiger Pipeline that will start in Panola County, Texas, and ends in Richland Parish, La.
  • Syncarpha Capital, a newly formed private equity shop, is looking for development stage solar photovoltaic projects in which to invest.
  • The Tennessee Valley Authority waited for interest rates to drop below 5% before re-opening an issue of 30-year power bonds placed in September 2009, offering an additional $500 million in notes
  • Energy regulator Ofgem discovered EDF Energy broke new rules between October 2008 and March of last year by failing to record customer complaints properly.