International Power to offer equity in Omani Al Kamil power plant via IPO

This offering is in accordance with original project agreements with the Government of Oman, under which International Power is required to sell at least 35 per cent of the share capital in AKPC in the Omani public market. The listing of AKPC shares on the Muscat Securities Market will be completed on Wednesday 25 August.

22 July 2004 – El Paso Merchant Energy, a business unit of El Paso Corporation, has closed the sale of two domestic power generation facilities to Northern Star Generation, LLC for approximately $97.4m. The two plants in Bartow, Florida have combined capacity of 224 MW.