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Business 2007 P21



DTE Energy sells generating unit to Indianapolis Power & Light
DTE Energy Services, Inc. has agreed to sell an 80-MW combustion turbine generator to Indianapolis Power & Light Co. (IPL).

Superconductor deal for Zenergy
Zenergy Power has announced an exclusive deal to develop high-temperature superconductor generators with Converteam, the former Alstom Power Conversion business.

Calpine receives approval to sell assets to Alstom
Calpine Corp. has received approval from the U.S. Bankruptcy Court to sell its subsidiary Power Systems Mfg. to Alstom Power for a cash purchase price of $242 million.

Alstom acquires US gas turbine service provider
Alstom has announced today its agreement to acquire Power Systems Manufacturing (PSM), a subsidiary of Calpine Corporation, for $242m.

AGL Energy formally scraps merger proposal with Origin
Australia's largest power retailer AGL Energy Ltd has formally ended its pursuit of an A$14bn (US$10.83bn) merger with rival Origin Energy Ltd.

Strong biofuel markets push U.S. expansion project
Lipten recently completed a biofuels expansion to keep pace with the increasing number of project opportunities being generated in the ethanol and biodiesel market segment.

Dominion closes sale of three facilities to Tenaska Power Fund
Dominion and announced today that it has completed the sale of three natural gas-fired generation facilities to an entity jointly owned by Tenaska Power Fund and an affiliate of Warburg Pincus.

Singapore Power and Babcock may bid for Alinta
Singapore Power plans to join up with investment bank Babcock & Brown in an A$9 bn (US$7 bn) bid for Alinta, Australia's biggest energy transmission company.

$1 bn Scottish & Southern Energy handout seen as Eon defence
Scottish & Southern Energy (SSE) has announced dividends of close to $1bn in a move regarded as the start of a defence against a potential takeover bid by Eon.

Germany OKs Suzlon offer for Repower
Wind turbine maker Suzlon Energy has said that German financial watchdog BaFin has approved its $1.3 bn offer to buy REpower Systems.

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