Victoria's triumphant sale

Article Abstract:

A consortium headed by National Power has made a successful bid of $1.83 billion for the 1600MW Hazelwood generating plant in the Australian state of Victoria. Electricity privatisation in the state has now generated income of more than A$13 billion. There are now plans to sell the Newport and Jeeralang gas turbine generators, which supply 'peaking power' at times when demand is particularly high.

Investments, Privatization, Privatization (Business), Electric power-plants, Electric power plants

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New investor selected for Polish power plant

Article Abstract:

The Polish Treasury has broken off negotions with National Power of the United Kingdom. National Power was to be the strategic investor for lignite-fired power plants in Poland. The conglomerate's demands were unacceptable to the Treasury which is now negotiating with a Polish American consortium led by Elektrim Poland's leading publicly traded industrial company.

Contracts & orders received, Poland, Hydroelectric Power Generation, Pumped Storage Hydro Power, Contracts, Elektrim, Poland. Ministry of Finance, Pumped storage power plants

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Buoyant project market in Australia

Article Abstract:

1999 a busy financial year in Australia for those involved in the energy industry. Financing data concerning some of Austrlia's power stations.

Australia, Market information - general, Forecasts, trends, outlooks

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