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Bonds Maturity Issue Date Issuer Amount ($ mil) Offer Price Type of Security Coupon (%) OfferYield (%) Moody Rating Standard & Poor's Rating Book Manager(s) 1/12/2005 1/12/2000 GPU Inc 299.4 99.81 Senior Notes 7.700 7.746 Baa1 A- SALOMON-SMITH 7/12/2002 4/12/2000 PSE&G 300.0 100.00 FRNs Floats Floats Baa1 BBB+ LEHMAN Equity Maturity Issue Date Issuer Amount ($ mil) Offer Price Type of Security Coupon (%) OfferYield (%) Moody Rating Standard & Poor's Rating Book Manager(s) - 30/11/2000 NiSource Inc 252.5 25.25 Common Shares - - - - CSFB M&A Date Announced Date Effective Target Name Target Country Acquiror Acquiror Industry Sector Acquiror Country Value ($mil) 11/30/00 - CERJ(Empresa Nacional de) Brazil Chilectra Electric, Gas, and Water Distribution" Chile 75.0 11/30/00 11/30/00 Djuro Djakovic Thermo Electric Croatia Austrian Energy & Environment Machinery Austria - 12/04/00 - Apollo Gas Canada Eagle Tail Energy Oil and Gas; Petroleum Refining Canada 5.4 12/04/00 - GEW Koeln (Cologne) Germany RWE Oil and Gas; Petroleum Refining Germany - 12/04/00 12/04/00 MidSouth Utilities United States Conumers North Carolina Water Electric, Gas, and Water Distribution" United States 1.1 Source: Thomson Financial Securities Data Company. For more information, call Rich Peterson at (973) 645-9701.

IntesaBci is looking to build a presence in the Middle Eastern and North African power finance markets and is currently pitching for several projects at the co-arranger level, says Carlo Bongianni, global head of utilities at Bci in Milan.

The tenor of future Middle Eastern power project finance deals are likely to extend to 25 or even 30 years as banks become more comfortable with the risks involved and the continued strength of the regional economy, predict project financiers.

BONDS Maturity Issue Date Issuer Amt ($ mil) Offer Price Type of Security Coupon (%) Yield (%) Moody's S&P Book Runner(s) 7/31/09 6/21/01 Energie Finanzierungs 84.2 100.15 Fxd/Straight Bd 4.000 3.978 N/R N/R CSFB 6/15/12 6/21/01 Tampa Electric 248.9 99.58 Bonds 6.875 6.931 A1 A BoA 6/1/06 6/26/01 Cemar 66.8 Market Float Rte Debs Floats Floats - BBB DRES BRASMULTI /BANCO-ITAU /BANCO-UNIBANCO /BNK-BSTN-BRAZIL 7/1/04 6/26/01 Sempra Energy 499.8 99.95 Bonds 6.800 6.818 A1 A JPM/SSB 7/15/08 6/27/01 Mission Energy Holding 782.3 97.79 Sr Secured Nts 13.500 14.000 Ba2 BB- GS EQUITY Issue Date Issuer Amt ($ mil) Type of Equity Book Manager 6/21/01 ATCO - Preferred Shs RBC-DOM/BMO-NES M&A Date Announced Date Effective Target Target Country Target Industry Sector Acquiror Name Acquiror Industry Sector Acquiror Country Valueof Deal ($mil) 06/21/01 - Demkolec Netherlands Electric,Gas,andWaterDistribution Nuon Electric,Gas,andWaterDistribution Netherlands 87.0 06/21/01 - MicrogyCogenerationSys U.S. Electric,Gas,andWaterDistribution EnvironmentalPower ConstructionFirms U.s. - 06/25/01 - Edelnor(SouthernElectric) Chile Electric,Gas,andWaterDistribution LosChorosPower&Gas Electric,Gas,andWaterDistribution Chile - Source: Thomson Financial Securities Data Company. For more information, call Rich Peterson at (973) 645-9701.

Bonds Maturity Issue Date Issuer Amt ($ mil) Offer Price Type of Security Coupon (%) Yield (%) Moody's S&P Book Runner(s) 6/15/06 6/15/01 PSI Energy 324.4 99.82 Fst Mtg Bonds 6.650 6.693 Baa1 BBB+ MERRILL Equity Issue Date Issuer Amt ($mil) Type of Equity Book Manager 6/14/01 NRG Energy 2,000.0 Dbt,Pfd,Dep,Com TBA 6/15/01 Florida Power 380.0 Debt,Fst Mtg Bn TBA M&A Date Announced Date Effective Target Target Country Acquiror Name Acquiror Country Deal ($mil) 06/15/01 - Soderhamn Energi Sweden Sydkraft Sweden - 06/15/01 - Vastringen Energi Sweden Oresundskraft Sweden - 06/15/01 - Vastringen Energi Sweden Tindra Norway - 06/18/01 06/18/01 GreenSource Canada Centrica U.K. - 06/18/01 06/18/01 Oslo Energi Norway Vattenfall Sweden - 06/18/01 - Petrico Poland Verbundnetz Gas Germany - 06/18/01 - San Diego Gas & Electric-Trans U.S. California U.S. - Source: Thomson Financial Securities Data Company. For more information, call Rich Peterson at (973) 645-9701.

* South Korea's Hanjung is emerging as the frontrunner to build and operate a $1 billion desalination and power plant project at Fujeirah in the United Arab Emirates, according to the UAE Offsets Group, which is conducting the bidding process. The UOG will hold direct negotiations with Hanjung over the next few weeks to reach a final commercial and technical agreement, but in the meantime, will also continue talking to two other bidders, France's Sidem and Italy's Fisia Italimpianti. Hanjung originally bid $744 million to build a 100 million gallons a day desalination plant and a 218 MW power plant. Subsequently it bid $778 million to build 500 MW of net power output in addition to the plant's internal consumption of 120 MW (Dow Jones, 6/17).

* U.K. Prime Minister Tony Blair is to launch a review of the country's energy supply needs that could lead to a revival of nuclear power in the U.K. The move will be aimed at ensuring electricity and gas needs are met for the next 30 to 40 years (Financial Times, 6/17).

* In anticipation of a jump in the country's power demand, Venezuela's state-owned heavy industries company Corporacion Venezolana de Guyana said it would go ahead with plans to build a $2.1 billion hydroelectric plant in southern Venezuela. Companies have until July 30 to register for the first phase of the Tocoma Dam project, which includes engineering and geological studies. Mitsubishi Corp. and Marubeni Corp. are expected to be among the bidders. The Tocoma Dam, to be located along the Caroni River, is expected to begin producing power in 2006 (Bloomberg, 6/18).

* Duke Energy is leading the nuclear power industry's hopes of a comeback. It has filed requests for license renewals at two of its three nuclear power stations. Rivals are watching Duke's effort closely, and are soon expected to follow suit (Financial Times, 6/17).

Bonds Maturity Issue Date Issuer Amt ($ mil) Offer Price Type of Security Coupon (%) Yield (%) Moody's S&P Book Runner(s) 6/15/06 6/8/01 Texas Utilities 795.9 99.48 Notes 6.375 6.498 Ba3 BBB LEHMAN 6/15/11 6/11/01 Exelon Generation 699.2 99.88 Senior Notes 6.95 6.967 Baa1 A- SSB/CSFB 6/26/06 6/12/01 Tokyo Electric Power Co. 410.8 100 Bonds 0.48 N/A Aa2 AA- MIZUHO-SEC 7/3/06 6/13/01 International Endesa 85.2 100 FRNs Floats Floats Aa3 A+ CAINDO 6/25/13 6/13/01 Kansai Electric Power 246.5 100 Bonds 1.5 N/A Aa2 NA MIZUHO-SEC Equity Issue Date Issuer Amt ($mil) Type of Equity Book Manager 6/7/01 Consumers Energy 400 Preferred TBA M&A Date Announced Date Effective Target Target Country Acquiror Name Acquiror Country Value ($mil) 06/07/01 06/07/01 Scientific Energy U.S. Quazon U.S. - 06/08/01 - Cia Electrica Central Bulo Bolivia NRG Energy U.S. - 06/08/01 06/08/01 Gujarat State Energy Gen India Gas Authority of India India - 06/10/01 06/10/01 Rubicon New Zealand Deutsche Australia Australia - 06/11/01 - Rugeley Power Station U.K. International Power U.K. 276.0 06/12/01 - Empresa de Generacion Peru NRG Energy U.S. - 06/12/01 - Electra de Viesgo Spain Hidroelectrica del Cantabrico Spain - 06/12/01 - Graninge-Heating Sweden Narvarme Sverige Sweden 5.0 06/12/01 06/12/01 Itiquira Energetica Brazil Tosli Acquisitions Netherlands 14.0 06/12/01 06/12/01 Trigen Energy Canada Canada US Energy Systems U.S. 17.0 Source: Thomson Financial Securities Data Company. For more information, call Rich Peterson at (973) 645-9701.