The UK is far from tapping into the potential for this most popular form of renewable energy, wind power. It has been dogged by problems that leave it lagging behind in the stakes for wind percentage. So what is going so wrong for the UK, and so right for Europe? By Rosie Irving
NRG Energy has become the next Enron on Wall Street. As if the recent repurchase of the spin-off's stock by parent Xcel Energy was not worrying enough, Fitch has cut the debt of NRG below investment grade. One US commentator called NRG "the next overnight bankruptcy waiting to happen".
01 August 2002
Welcome to the junkyard
Financing closed at the end of June on the $410.5 million Termopernambuco power plant financing in Brazil. The deal, the second to close this year after the Petrobras and ABB-led Termobahia transaction, is a further sign of the increasing maturity and sophistication in the Brazilian power finance ar...