Edison International affiliate seeks new financing for Thai coal plant

The U.S.-Thai joint venture is now moving to arrange about $600 million financing to replace the previous borrowing plan that was outdated because of changing conditions. The company plans to commence negotiations with potential lenders towards the end of January or early February, targeting financial closing in the middle of 2001, said Sarath Ratanawadi, GPG managing director.

COLUMBIA, S.C., Dec. 19, 2000 (PRNewswire) — Record high wholesale natural gas prices nationwide are forcing South Carolina Electric & Gas Co. (SCE&G), the principal subsidiary of SCANA Corp. (NYSE: SCG), to pass along increased prices to its customers.

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