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* Japanese pest control company Sanix plans to begin building a 7.4 MW thermal power plant at Hokkaido next month. Company executives said the JPY10 billion ($79.82 million) plant will generate electricity from recycled waste plastic (Reuters, 4/10).

* Electricité de France is seeking French government approval for a GBP1.5 billion ($2.15 billion) takeover offer for Seeboard, a U.K. regional electricity group. State-owned EdF already owns London Electricity and the supply business of SWEB and is keen to expand further in the U.K. (Sunday Telegraph, 4/7).

* Allegheny Energy has named Bruce E. Walenczyk senior v.p. and cfo, effective May 1. Walenczyk was previously v.p. of finance at PSEG Energy. Walenczyk succeeds Michael P. Morrell, who earlier this year was named president of Allegheny Energy Supply Co. (Dow Jones, 4/6).

Despite much futile window dressing, there is no easy fix to California's power crisis. Problems that took over six years to create will not disappear in the short-term, no matter how wishful the thinking is from politicians. Rather, a combination of long- and short-term remedies are required, argues Peter Fusaro, an energy consultant at Global Change Associates, in a recent research report.

BONDS Maturity Issue Date Issuer Amount ($ mil) Offer Price Type of Security Coupon (%) Yield"(%) Moody's S&P's Book Manager(s) 25/3/21 22/2/01 Chugoku Electric Power Co 128.2 100 Bonds 2.1 NA NA NA NOMURA 14/3/11 22/2/01 Tokyo Electric Power Company 427.5 100 Bonds 1.54 NA Aa2 AA NIKKO-SSB 14/3/06 22/2/01 Tokyo Electric Power Company 427.5 100 Bonds 0.82 NA Aa2 AA MIZUHO-SEC 2/3/11 27/2/01 Idaho Power Co 120.0 100 MTNs 6.60 6.600 A2 AA- ABN-AMRO-INC/GS(JB)/US-PIPER(JB) 14/3/11 28/2/01 Elektrownia im Tadeuza 247.7 100 Fxd/Straight Bd 9.75 9.750 NR BB SSSB M&A Date Announced Date Effective Target Target Country Acquiror Acquiror Country Value ($mil) 02/22/01 - Dansk Biogas Denmark Schouw & Co Denmark 4.0 02/23/01 - Obragas Holding Netherlands RWE Gas Germany - 02/23/01 - Sthrn California Edison United States California United States 2,760.0 02/26/01 - Kapar Power Station Malaysia Malakoff Malaysia 178.0 02/27/01 02/27/01 Bulwer Island Energy Australia Investor Group Australia 15.0 02/27/01 - Edenor Argentina EDF International France - 02/27/01 - Ratchaburi Electricity Thailand Electricity Generating Thailand - 02/27/01 - Yorkshire Power U.K. Innogy Holdings U.K. 2,707.0 02/28/01 - Phoenix Natural Gas U.K. East Surrey Energy Investments U.K. 71.0 Source: Thomson Financial Securities Data Company. For more information, call Rich Peterson at (973) 645-9701.

* South Korea's LG Energy has completed construction of a 540 MW combined-cycle steam turbine power plant. LG Energy has signed a 20-year power purchase agreement with Korea Electric Power Corp. for all the plant's output (Dow Jones, 4/2).

* Mirant and Hamburgische Electricitaets Werke will jointly buy E.on's 49% stake in Berlin utility Bewag. A formal agreement is expected this week. The European Commission demanded the sale of Bewag as a condition for approving the merger between Veba and Viag last year that formed E.on (Wall Street Journal Europe, 4/2).

* Three companies have filed requests with Chile's Ministry of Mining to generate geothermal energy at Termas de Chillan in Southern Chile. The companies are Hotelera Somontour, SFG Chile and Universidad de Chile (Bnamericas.com , 4/2).

* Entergy and FPL Group have called off a proposed $7.6 billion merger. Entergy said substantial differences between the way they approach the utility business led the two companies to terminate negotiations. Entergy CEO Wayne Leonard said the "first bump in the road" came last September when FPL CEO James Broadhead demanded an Entergy management change (Reuters, 4/2).

* The New York Power Authority (NYPA), worried that blackouts will hit New York City this summer, urged the New York State Assembly to support the installation of emergency turbines in the city. Representatives of three state energy agencies asked the assembly today to back the move. "A delay of even one day would bring us that much closer to the kinds of blackouts, brownouts, and price spikes that have created the crisis in California," said Eugene Zeltmann, NYPA's president and chief operating officer (Oil & Gas Journal Online, 3/24).