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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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