Monday 28 September 2009

Plenty of heat in refinancing talks

Summaries - Australian Financial Review
Thursday 24/9/2009 Page: 24

Victorian power generators, including Hazelwood, and Loy Yang A, are involved in negotiations with lenders before refinancing deadlines are reached next year. In other sector news, Transfield Services's sale of its 48.4% stake in Transfield Services Infrastructure Fund is proceeding. Macquarie Capital is advising the fund on a capital review as well as being in charge of the sale. AGL Energy and Origin Energy are apparently interested in the Transfield Services' windfarm development portfolio.

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