Following is a directory of ongoing generation asset sales. The accuracy of the information, which is derived from many sources, is deemed reliable but cannot be guaranteed. To report new auctions or changes in the status of a sale, please call Will Ainger, managing editor, at (44-20) 7303-1735 or e-mail wainger@euromoneyplc.com. Seller Plants Location MW Plant Type Advisor Status Ahlstrom Development Mt. Posos Calif. 8.5 Coal N/A - . Ace Co-generation Calif. 5 Coal . . . Colver Pa. 29 Coal . . . Panther Creek Pa. 40 Coal . . . Gilberton Pa. 8 Coal . . American Electric Power/ Northeastern units 3 & 4 Okla. 300 Coal N/A Reviewing sale strategies. Central and Southwest Corp. Frontera Texas 250 Natural gas . . . Lon C. Hill Texas 546 Gas . . . Nueces Bay Texas 559 Gas . . . Ennis S. Joslin Texas 249 Gas . . CMS Energy Loy Yang Melbourne, Australia 2000 Coal Not Chosen Announced intention to sell. Denton Municipal Electric Spencer Station Texas 176 Natural gas Navigant Consulting Re-evaluating final bids. . Gibbons Creek Texas 98.4 Coal. . . . Ray Roberts Texas 1.2 Hydro . . . Lewisville Texas 2.1 Hydro . . DPL All plants Ohio. 3,500 N/A Morgan Stanley . Enel Eight plants under the Elettrogen umbrella Italy 5,400 N/A N/A Some 25 firms have made non-binding offers. Fortum Brigg U.K. 240 Gas BNP Paribas Preparing information memo. . South Humber U.K. 1,240 Gas . . Grangemouth*** U.K. 130 Gas . . Edenderry Ireland 120 Peat . . Independent Energy Various U.K. 130 N/A KPMG KPMG is handling the asset sale after Independent . . . . . . Energy went into receivership Nevada Power/Sierra Pacific All plants Nev. 663 Gas & Oil CSFB & Navigant Consulting Sale expected to close by end of 2001. Niagara Mohawk Power Nine Mile Point 1 N.Y. 1,614 Nuclear N/A Awaiting bids. . Nine Mile Point 2 N.Y. 1,140 Nuclear N/A .. North Atlantic Energy Seabrook* N.H. 408 Nuclear N/A Must by sold by Dec. 2003. Ontario Power Generation Lennox Ontario 2,140 Oil, gas Merrill Lynch & - . Lakeview Ontario 1,140 Coal Scotia McLead - . Bruce Ontario 3,200 Nuclear . Deal signed with British Energy, but waiting . . . . . . for regulatory approval. Pacific Gas & Electric 68 Plants Calif. 3,800 Hydro Morgan Stanley Dean Witter Awaiting PUC approval. Expect sale to close by July 2001. Public Service Co. of New Merrimack N.H. 475.8 Coal J.P. Morgan Subject to approval for rate settlement by Hampshire (Northeast Utilities) Newington N.H. 415 Oil/gas . PUC and state legislature. . Schiller N.H. 146.6 Oil/gas . . . Lost Nation N.H. 19.1 Diesel . . . Merrimack N.H. 42.2 Diesel . . . Schiller N.H. 18 Diesel . . . White Lake N.H. 23 Diesel . . . Amoskeag N.H. 17.5 Hydro . . . Ayers Island N.H. 9.1 Hydro . . . Canaan Vt. 1.1 Hydro . . . Eastman Falls N.H. 6.5 Hydro . . . Garvins Falls N.H. 12.1 Hydro . . . Gorham N.H. 2.1 Hydro . . . Hooksett N.H. 1.95 Hydro . . . Jackman N.H. 3.55 Hydro . . . Smith N.H. 14.2 Hydro . . ScottishPower Hazelwood Victoria, Australia 1,600 Coal CSFB Final bids due this summer. TXU Lake Creek Texas 323 Gas Merrill Lynch Reviewing final bids. . Tradinghouse Texas 1,340 . . . . River Crest Texas 110 . . . . Mountain Creek Texas 893 . . . .. Parkdale Texas 327 . . . . North Main Texas 123 . . . TXU Europe West Burton U.K. 2012 Coal MSDW It expects to announce a buyer for some of the plants by spring, 2001. . High Marnham U.K. 945 Coal . . . Ironbridge U.K. 970 Coal . . . Rugeley U.K. 1046 Coal . . . Drakelow U.K. 976 Coal . . . Peterborough U.K. 405 Gas . . . King's Lynn U.K. 380 Gas . . * North Atlantic Energy owns 34.8% of Seabrook *** Fortum owns 75% of Grangemouth. Mitsubishi owns the remainder. **** GPU owns 50% of each plant, via Prime Energy Ltd Partnership. Financial partners, such as insurance companies, own the remainder.
February 18, 2001