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Business 2008 P11



UniStar and Accenture to offer nuclear power IT platform
UniStar Nuclear Energy said it is partnering with Accenture to develop an information technology platform capable of supporting the data needs of a potential new fleet of nuclear power plants.

Progress Florida OKs long-lead item buy for nuclear power plants
Progress Energy Florida said it signed a letter of intent with Westinghouse Electric Co. and The Shaw Group Inc.'s Power Group authorizing the purchase of long-lead-time materials for up to two Westinghouse AP1000 reactors in Florida.

AECL to focus on Canadian nuclear power for now
Atomic Energy of Canada Ltd said it will defer having its ACR-1000 nuclear power reactor design as part of the UK's current design assessment program, saying it wanted to address "major nuclear new build opportunities in the Canadian utility market."

RWE, EDF and Centrica discuss three-nation British Energy bid
Germany's RWE and EDF have entered discussions with Centrica about a possible bid for British Energy, the UK's leading nuclear generator, reports the FT.

UK's Centrica to buy Strategic Energy
Centrica is to pay $300m cash to buy US electricity supplier Strategic Energy, as part of the group's strategy to expand in North America.

TransCanada to pay $2.8bn for key NYC power plant
TransCanada Corp. plans to buy from National Grid plc control of the 2,480 MW Ravenswood Generating Facility in Queens, N.Y. for US$2.8 billion (or $1,129/kW) plus closing adjustments.

OGK-1 profits increase 240 per cent to $1.9bn
Electricity producer OGK-1 posted a profit of 44.5bn rubles ($1.9bn) last year, a 240 per cent increase on 2006.

SCE&G to buy long-lead items for new nuclear plant
South Carolina Electric & Gas Co. reached an agreement with Westinghouse Electric Co. and The Shaw Group Inc. authorizing the purchase of long-lead-time materials for up to two new Westinghouse AP1000 nuclear electric generating units.

Australia's Babcock & Brown to sell European wind farms
Babcock & Brown, the Australian infrastructure investor, is planning to sell its European wind farms in a deal that could be worth between €3.5bn ($5.5bn) and €4bn, according to the Financial Times.

Application filed for South Carolina nuclear power plant
South Carolina Electric & Gas Co. and Santee Cooper submitted an application with the Nuclear Regulatory Commission for a combined construction and operating license (COL), which, once approved, would authorize the companies to build and operate up to two new nuclear electric generating units at the utilities' existing V.C. Summer Nuclear Station.

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