The bidding process for Tuas Power Ltd., the first of three Singapore power-generation companies up for sale, began Thursday, with the transaction expected to close by the end of March 2008.
“Tuas Power is a well-run and efficient company with stable cash flows and good growth,” said Wong Kim Yin, managing director of investment at Temasek […]

The auction to build and operate the 3.15GW Santo Antônio hydro plant on Brazil’s Madeira river will take place on November 29, acting mines and energy minister Nélson Hubner said in Brasília.
Local press previously quoted Brazil’s chief-of-staff Dilma Rousseff as saying the auction would be held on November 22.
“[Power regulator] Aneel will hold a directors […]

eBay recorded its lowest close in about a month on Thursday after announcing third quarter results. The stock gapped open lower and then continued to slip slightly for the first hour of trading. Shares were flat in the afternoon. The stock closed at $38.10, a decline of $2.50 on the day.
Thursday’s decline more than […]

Brazil’s October 16 power auction for delivery in 2012 sold 110% of the country’s energy demand for that year, federal energy planning company EPE said in a statement.
Power sold in the auction reached 51.2bn reais (US$28.3bn), Brazil’s trading board (CCEE) said in a statement.
Traded volume was 4.35GW of total installed capacity and 2.31 average GW, […]

Wagamama’s private equity owners are looking to auction the noodle bar chain rather than continue with a planned initial public offering, the Financial Times reported.
‘I think it is highly likely the IPO will be pulled,’ the paper reported, citing a person familiar with the flotation plans. The person said it was likely to be ‘a […]

The lowest accepted price at Tuesday’s auction of 600 billion yen-worth of 30-year Japanese government bonds was 100.15 yen, giving a yield of 2.491 percent, the Ministry of Finance said.
Of the successful bids, 62.5524 percent were made at the lowest price, the ministry said. The average bid was 100.19 yen, giving a yield of 2.488 […]

Maryland has proposed auctioning 90% of carbon dioxide allowances to the state’s power plants under the Regional Greenhouse Gas Initiative, an agreement among 10 Northeastern states to limit global warming emissions from the power sector.
An auction would add at least tens of millions of dollars in annual costs to the balance sheets of Constellation Energy […]

South Africa’s state-owned electricity utility Eskom will issue R350-million worth of ES26 bonds on October 17, the company said on Monday.
Eskom, which is on an investment drive to boost tight power capacity in Africa’s biggest economy, said the bond’s bidding methodology would be on a spread basis to the government’s R186 bond due 2026.

Greece’s Public Debt Management Agency (PDMA) said on Friday it will auction 1.5 billion euros ($2.13 billion) of a 4.3 percent, 10-year benchmark bond on Oct. 16. The settlement date for the bond, a re-opening of a benchmark issue maturing July 20, 2017, will be Oct. 19. Only primary dealers will be allowed to participate. […]

Yesterday, the Web address wallstreet.com went up for auction, but, in the end, failed to sell when the top bid turned out to be $3-million (U.S.), well below the site’s reserve price of between $4-million and $5-million, a spokeswoman for moniker.com told Bloomberg.
Florida-based moniker.com, a company that registers and manages the transfer of website domain […]