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  • Malaysian state-backed power company Tenaga Nasional and its partners are mulling raising $2.8 billion in bonds to fund an undersea transmission line.
  • Health, social justice and environmental groups have called on North Carolina regulators to reduce a 12.6% rate increase by stopping construction at Duke Energy’s $1.8 billion expansion at its Cliffside coal-fired plant.
  • Anne Lauvergeon, ceo of French company Areva, says EU countries with similar energy policies should cooperate without being deterred by EU members with challenging perspectives.
  • A German court has halted construction on E.ON’s 1.1 GW coal-fired plant in Datteln.
  • Mirant has signed a 10-year PPA with Pacific Gas & Electric for its 760 MW Marsh Landing gas-fired plant in Antioch, Calif.
  • Mexican oil and gas company Pemex has awarded Demar Instaladora y Constructora a contract to build a power station and underwater cables to supply electricity to seven drilling stations in its largest oil field, Ku-Maloon-Zaap.
  • California utilities such as Southern California Edison, are battling with environmentalists over how to reach 33% power from renewables by 2020.
  • A Superior Court judge upheld an Arizona state requirement that utilities derive some of their power from renewables and charge customers for it.
  • International Power has some $770 million of debt that does not mature until July, but is already catching the attention of bankers and analysts anticipating that slow economic conditions will make it hard to refinance debt on five merchant plants in New England and Texas.
  • The review by the Czech Competition Authority is not expected to hold back the close of International Power's sale of three power plants to Czech-based J&T Finance Group, even after one of the bidders filed a complaint.