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Business 2006 P3



Enel extends wind power presence in North America
Enel SpA has entered into an agreement with Windkraft Nord USA, to buy all of the interest and rights to the 63 MW Snyder Wind Project, to be developed in Scurry County, Texas.

Toshiba prepares for 'new era' in nuclear energy
Toshiba Corp. heralded "the dawn of a new era for nuclear energy" by announcing its acquisition of Westinghouse and expecting its nuclear power business to more than quadruple.

First Reserve to fund GenPower's $1.8 bln Longview project
GenPower and First Reserve have formed a joint venture company to pursue power generation projects together, the first being Longview, a $1.8 billion coal-fired facility in West Virginia, US.

Clipper Windpower sells wind farm, 1,050 MW of wind turbines
Clipper Windpower has sold its 100 MW Endeavor Wind Project, and options on an additional 950 MW of additional Clipper units for delivery in years 2007 through 2010, to FPL Energy.

WPS Resources sells Niagara Falls generation facility
WPS Resources Corp. has agreed to sell WPS Niagara Generation, LLC to a subsidiary of US Renewables Group, LLC for $30.2 million.

Calpine sells leasehold of Fox Energy in Wisconsin
Calpine Corp. has completed the sale of its entire leasehold interest in the 560-MW Fox Energy Center, located in Kaukauna, Wisconsin, US to affiliates of GE Energy Financial Services.

Constellation Energy to sell 6 gas-fired plants to Tenaska
Constellation Energy announced that it has executed an agreement to sell 3,145 MW of natural gas-fired generation assets to Tenaska Power Fund, L.P., for $1.635 billion in cash.

Enel increases investment in Greek power
Italian utility Enel has agreed to increase its stake in Greek power company Enelco as part of its expansion strategy into Southeastern Europe.

Global Power files for Chapter 11 bankruptcy
Global Power Equipment Group Inc. commenced Chapter 11 cases in Delaware bankruptcy court to address the ongoing cash drain from their HRSG business.

Acciona acquires 10% of Endesa shares, E.ON responds
The Spanish renewable energy company Acciona bought 10 percent of Endesa shares at 32 euros per share. E.ON stressed its committment to continue its takeover bid of the Spanish utility.

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