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Canadian Shop Inks Extension With Nuclear Co.
Atomic Energy of Canada has extended a deal with Argentine nuclear company Nucleoelectrica Argentina for three years to refurbish a reactor at AEC’s Embalse plant and study the feasibility of building another reactor there.
September 22, 2009
China Eyes French Utilities Investments
China Investment Corp., the country’s sovereign wealth fund, is considering investing in French utilities GDF Suez and Suez Environment SA.
September 22, 2009
Huaneng Power Snags $2.21B Refi
Chinese company Huaneng Power International has signed an agreement with a consortium of lenders to refinance a $2.21 billion bridge loan it used to buy Singapore power company Tuas Power.
September 22, 2009
Ex-BNP Banker Lands At RBS
Roland DaCosta, former director of loan syndications at BNP Paribas, has joined the Royal Bank of Scotland as director of syndicate.
September 21, 2009
Spinnaker Energy Founder Passes Away
Douglas Wert, ceo and founder of Spinnaker Energy, has died. Officials of the San Diego-based company did not return calls and further details could not be immediately learned.
September 21, 2009
Exelon Unit Saves On $1.5B Issue
Exelon Corp. unit Exelon Generating has secured lower financing by refinancing $1.2 billion of debt coming due in 2011 with a $1.5 billion senior notes issue.
September 21, 2009
Utilities Consider Joining S.D. Coal Plant Project
The four utilities still committed to the 550 MW coal-fired Big Stone II project in Milbank, S.D., are in discussions with two unnamed entities about joining the development.
September 21, 2009
Calif. Valley Aspires To Energy Independence
Residents of California’s Capay Valley want to meet all their power needs through renewable energy and sell excess power to Pacific Gas & Electric.
September 21, 2009
Building Generators To Power Up Gadgets
To power electronic devices in households, the International Energy Agency reports that 560 coal-fired or 230 nuclear plants will need to be built worldwide over the next two decades.
September 21, 2009
Derivatives Bill Puts Developers On Edge
Developers are watching a U.S. bill forcing over-the-counter trades into clearinghouses and onto exchanges could drive up the cost of power hedging.
September 21, 2009
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