Millmerran Power Facility Dedicated in Queensland, Australia

Millmerran Power Facility Dedicated in Queensland, Australia

31 January 2003

The Millmerran Power facility, an 840 megawatt, coal-fired power plant, was dedicated in a ceremony attended by Queensland Premier Peter Beattie and other federal, state and local dignitaries. The $900 million power plant and supporting infrastructure represents the second largest private investment in Queensland and the largest such project in the world to be funded on a non-recourse project finance basis.

Bechtel Enterprise Holdings, Inc. Announces it Will Suspend Site Energy Facilities on Mare Island

Bechtel Enterprise Holdings, Inc. Announces it Will Suspend Site Energy Facilities on Mare Island

30 January 2003

Bechtel Enterprises Holdings, Inc. (Bechtel) announced it will suspend its efforts to site an LNG receiving terminal, storage facility, and associated power plant on Mare Island, near Vallejo, California. The company has been exploring the possibility for a little over a year.

Intergen Announces Plan to Install Emissions Control Technology on Boarder Power Facility in Mexico

Intergen Announces Plan to Install Emissions Control Technology on Boarder Power Facility in Mexico

28 January 2003

InterGen announced a plan to install additional Selective Catalytic Reduction technology (SCR) on its La Rosita Energy Facility in Mexicali, Mexico. SCR technology significantly reduces nitrogen oxide (NOx), a precursor to smog. SCR is the best commercially available pollution technology to reduce NOx and is required for new plants in California.

Details of Tube Modernization Plans Unveiled

Details of Tube Modernization Plans Unveiled

08 January 2003

Tube Lines unveils the details of its modernisation programme to upgrade the Jubilee, Northern & Piccadilly lines. The company is spending £4.4bn over the next 7-1/2 years on improving the three lines and work commenced on the contracts on 27 December.

New Future for the Tube Starts Here-statement on Tube Lines Profitability

New Future for the Tube Starts Here-statement on Tube Lines Profitability

08 January 2003

Regarding the profits Tube Lines expect to make in line with delivering its commitments under the contract, Terry Morgan, Chief Executive made the following statement: "Over the first 7.5 years, the 1st review period, the profits after tax are expected to be around £148m. This is based on Tube Lines performance being in line with delivering substantial improvements to the Tube, including a 10% cut in delays over the first 12 months and new signalling systems for the Jubilee and Northern lines."