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Business 2006 P6



Fuel, purchased power costs continue to drive up TVA expenses
TVA reported net income of $123 million for the nine months that ended June 30, 2006, which was $72 million more than net income for the same period in the 2005 fiscal year.

Siemens selects Iowa site for its first U.S. wind turbine blade manufacturing facility
Siemens Power Generation announced today that it has executed a purchase agreement for a U.S. wind turbine blade manufacturing site located in Fort Madison, Iowa.

Mirant Asia-Pacific Ltd. completes $700 million financing
After news earlier this week that it was looking for a $700 million plus loan, Mirant Corp. just announced it received the funding it needed for its $700 million Asia- Pacific Term Loan Facility.

EPCOR Power to acquire Primary Energy Ventures
EPCOR Power L.P. and Primary Energy Ventures LLC announced today the Partnership has signed a definitive agreement to acquire Primary Energy Ventures.

Mirant will borrow $735 million
Reuters reports today that banking sources say U.S. power producer Mirant Corp. will borrow $735 million from 30 local and foreign banks to refinance its two core Philippine power plants before their sale.

Western Energy Systems to serve as GE's gas engine systems distributor
Western Energy Systems has been appointed the GE Energy distributor for Jenbacher Gas Engine Systems in California, Oregon, Alaska, and Hawaii.

Mirant opens up six gas-fired plants for sale
Mirant announced an auction process to sell six U.S. intermediate and peaking gas fired assets.

Rentokil Ailsa purchased by DBI Industrial Services
Rentokil Ailsa Environmental Ltd. has been purchased by DBI Industrial Services Limited with effect from 1 August 2006, the new Division will be DBI Ailsa.

E.ON to appeal CNE conditions
After a preliminary evaluation of the approval issued last Friday by Spain's Comisión Nacional de Energía (CNE) relating to E.ON's offer to acquire Endesa, E.ON has decided to file an appeal with Spain's Ministry of Industry.

EPCOR Power to acquire 249-MW unit
Canadian energy company EPCOR Power L.P. expects to complete its acquisition of a 100 percent interest in Frederickson Power L.P. on August 1.

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