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Business 2006 P2



Duke completes purchase of Rockingham power plant from Dynegy
Duke Energy announced it has completed the purchase of an 825-MW power plant located in Rockingham County, North Carolina, US, from Dynegy for $195 million.

Borsig acquires boiler construction company
Berlin-based Borsig announced that as of September the company has taken over the Hamburg-based boiler construction company DIM Kraftwerks-Engineering GmbH & Co. KG.

Doosan to acquire Mitsui Babcock
Doosan has concluded a share purchase agreement with Mitsui Engineering & Shipbuilding Co. of Japan to acquire U.K.-based Mitsui Babcock Energy Ltd., a boiler design and engineering company.

GE financing Delaware waste-to-energy projects
GE Energy Financial Services will provide a $7.25 million loan for two Delaware landfill gas-to-energy generation projects.

Westar Energy completes purchase of peaking unit
Topeka, Kansas-based Westar Energy, Inc. has completed the purchase of the Spring Creek power plant, a 300 MW gas-fired power plant from ONEOK, Inc. for $53 million.

Schneider Electric acquires American Power Conversion
Schneider Electric has acquired American Power Conversion, which specializes in UPS systems, to compliment its electric distribution services.

Airtricity secures $85 mln equity financing for Texas wind farm
Airtricity, Inc. has obtained an $85 million equity financing commitment for its Sand Bluff wind farm projected located near Big Spring, Texas from a group of investors led by JPMorgan Capital Corp.

AEP Ohio, Ormet agree on service supply
AEP Ohio has agreed to supply 520 MW to Ormet Primary Aluminum Corp.'s Hannibal, Ohio, facilities, as part of an agreement signed by AEP Ohio, Ormet and several other parties.

Airtricity, Inc. to acquire Canada's Gale Force Energy
Airtricity has acquired Toronto-based Gale Force Energy with the plan of giving Airtricity a stronger presence in Canada and jumpstart consolidation for Canada's wind energy industry.

GE, NPO Saturn to create JV for Russian gas turbines
GE Energy and OJSC NPO Saturn have announced their intent to invest and cooperate in a joint venture in the heavy duty gas turbine industry.

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