Indonesian 7yr $350m B+ geo-thermal bond is 11x over-subscribed @6.125%

An Indonesian energy company, which operates one of the largest geothermal plants in Indonesia, announced today that it has raised $350m from selling 7 year dollar-denominated bonds at an interest rate of 6.125%. The bond was apparently 11 times oversubscribed! Amazing.Proceeds will go to developing independent power producer Star Energy’s …

Marine hydro firm Atlantis unveils largest, most powerful tidal turbine

Hydro Headlines Marine hydro firm Atlantis unveils largest, most powerful tidal turbine LONDON, England — Marine hydro developer Atlantis Resources Corporation unveils the AK1000, the largest and most powerful tidal power turbine ever built. GDF Suez, International Power enter into merger deal PARIS, France — France’s gas and electric utility …