International Power News

A controversial plan for 14 wind turbines up to 130 metres high near Winchelsea is headed for Victoria's planning tribunal, a community group has warned.

SPANISH energy giant Endesa has confirmed it made a 450m bid to buy four power plants from the ESB .

THE online payments industry is growing fast and Neteller claims to be one of the best placed to take advantage.

The plant is a natural gas-fired peaking plant with 815 MW of summer capacity and a winter capacity of 965 MW.

International Power has agreed to buy 1,857MW in peaking capacity from a Tenaska/Warburg Pincus joint venture. via Institutional Investor

U.K. shares advanced on Monday morning, boosted by a strong performance in the mining and oil and gas sectors and by a well-received update from banking giant HSBC Holdings. via MarketWatch

A mood of cautious optimism tinged with nagging doubts about economic and credit risks is driving investors towards convertible bonds as a way of tapping into rising equities with a degree of protection. via Reuters

“We have upgraded a number of our non-terminal market traded commodity price forecasts - in particular coal, and ferro alloys”

Stocks in Europe moved higher on Monday morning, with investors bidding up stocks geared to commodity price rises. via MarketWatch

International Power, the British-based power generator, has bought a range of power stations in the US are designed to profit from the increasing shortages of energy in America. via Times Online

Electricity firm International Power said on Monday it had agreed to buy a 1,857 megawatt portfolio of generation facilities, including plants in Pennsylvania, New Jersey and Maryland, for $856.4 million . via Reuters UK

“Exchange Act"), and as such, may involve risks and uncertainties. For a discussion of such risks and uncertainties that could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors”

Benvengo will be leaving RSF Recycling, a leading waste recycling company, where he has been General Manager in charge of Florida operations since 2006. via Earth Times

The Republic of Ireland's minister for finance has defended its corporation tax regime after moves by UK multinationals to redomicile there for tax reasons. via Telegraph.co.uk

London, March 6, 2008 LAWFUEL - Legal Newswire - Global law firm White & Case LLP represented International Power, the UK-based energy provider, and Endesa, the Spanish utility, in relation to the formation of ... via LawFuel.com

“Employers and employees in the private sector have a different mindset to those in the public sector”

By Ethel Hazelhurst Johannesburg - The private sector can plug the gap in South Africa's electricity needs more effectively than Eskom itself, according to Michael Meeser, the head of project finance at ... via Business Report

“We strongly reiterate our outperform recommendation and believe the recent weakness in the share price provides a buying opportunity”

No matter how bad the downturn in the UK economy, workers will still demand air conditioning at work, computers will need electricity and household goods will continue to use energy. via The Independent

“We believe 2008 will be another year of growth after taking into account reduced output at Rugeley due to the fitting of FGD equipment, lower UK coal spreads, and in the U.S. subdued summer spark spreads following the cool summer in 2007”

Electricity firm International Power posted a 17 percent rise in 2007 profit on Thursday and said it expected further growth this year, despite factors including lower output at its Rugeley plant in the UK. via Reuters UK

International Power said Wednesday that it has signed an offtake contract, an engineering procurement and construction deal and has also completed the financing for its new 830 megawatt CCGT Elecgas project in ... via Market Watch

“International Power has always been a good community partner and this is unbelievable”

FANNIN A grassy patch of land will soon house more than the large concrete slab that's sat there for two years. via Victoria Advocate

“I am hopeful that these projects will be completed in time”

ISLAMABAD: President Pervez Musharraf said on Wednesday that several short, medium and long term power projects were underway to overcome Pakistan's recent energy crisis. via Daily Times

“Coal should be our last resort”

Chad Gray and his father, Larry Gray, fish year-round on the lake south of the coal plant. via Victoria Advocate