January 2008

Rabigh RFQ out 31 January 2008

The Saudi Electricity Company issued its request for qualifications for the Rabigh independent power project

Standard Bank on Coega power project 30 January 2008

IPSA Group has appointed Standard Bank as lead arranger for its 1600MW Coega power project in Port Elizabeth, South Africa.

BNP prices Panoche placement 29 January 2008

BNP Paribas has priced the $330 million private placement for EIF Group's Panoche Energy Center.

ArcLight plots New Jersey gas plant 22 January 2008

ArcLight Capital and the Hess Corporation are working on plans for a 512MW gas-fired power project

EIF's Panoche launches 22 January 2008

EIF Group has launched the $330 million debt financing for the Panoche peaking power project.

ITC Midwest closes 22 January 2008

ITC Holdings has closed a $560 million financing for its acquisition of Interstate Power & Light's transmission assets.

Trans Bay Cable in syndication as Ambac toils 18 January 2008

Syndication has launched for the debt backing Babcock & Brown's Trans-Bay Cable project.

Al Dur IWPP RFP out 15 January 2008

Requests for proposals will be issued on the Al Dur IWPP project in Bahrain on 15 January.

Ras Laffan C awarded 15 January 2008

Although the award has not been officially announced, Suez Energy and Mitsui are believed to have won the Ras Laffan C IWPP project in Qatar.

EIF's Cogentrix debt to syndication 14 January 2008

Calyon is to launch retail syndication next week of the $850 million debt backing Energy Investors Funds' (EIF) purchase of 14 plants from Cogentrix Energy

PetroVietnam raises Nhon Trach 1 thermo power debt 10 January 2008

ANZ, BNP Paribas and Natixis have signed a $270 million eight-year term loan for PetroVietnam

Scottish and Southern Energy to buy Airtricity 07 January 2008

Scottish and Southern Energy (SSE) is to buy Airtricity in a deal totalling Eu2.1 billion ($3.1 billion).

Taipower announces bidders 07 January 2008

Taiwan Power Co. (Taipower) has announced that two bidders for its NT$2.77 billion ($85.55 million) wind power project have passed a qualification review.

Trinergy syndication delayed again 07 January 2008

The revised mid-December deadline for final commitments to the Trinergy debt syndication has been put back again.

Northwestern closes Colstrip buyout 03 January 2008

Northwestern Corporation has closed a $100 million financing to support its acquisition of the lease equity for a 20% stake in the Colstrip Unit 4 power plant.

Gas Natural closes on EDF Mexico 02 January 2008

Gas Natural completed the acquisition of EDF Group's Mexican energy portfolio on 27 December.

IFC considers Coastal Gujarat Power loan 02 January 2008

The IFC is considering providing an A loan of up to $450 million to support Tata Power's 4000MW Coastal Gujarat Power project.

NTPC and JBIC agree Barh Super Thermal funding 02 January 2008

India's National Thermal Power Corporation (NTPC) signed a $380 million loan agreement with JBIC on 20 December.

Termovalle refinances again 02 January 2008

Lehman Brothers has completed a $69 million refinancing of the debt on the Termovalle power project in Colombia.