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True board approves infrastructure fund plan

2013-07-24 03:12:00| Telecompaper Headlines

(Telecompaper) The board of Thai communications group True has approved planned transactions for an infrastructure fund that aims to raise over THB 70 billion. True plans to sell certain infrastructure assets that can be shared with other operators to the fund and will lease back the infrastructure in a transaction that will not exceed THB 55 billion for a term of no more than fifteen years, to continue its operations in mobile, fixed, and pay-TV services. The plan will also see True take-out a stake in the fund that is no more than 33 percent. The company will use the proceeds from the asset sale to partially pay off debts with financial institutions and may also use some of the funds for future projects. The plan still needs to be approved by shareholders.

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Nova Scotia regulator approves $1.5-B Muskrat Falls hydro subsea cable

2013-07-22 16:16:19| Energy - Topix.net

Nova Scotia's Utility and Review Board has approved a proposal to build a subsea cable to ship hydroelectricity from Muskrat Falls in Labrador to Nova Scotia.

Tags: falls cable nova scotia

 
 

Senate approves Gina McCarthy as EPA chief despite Republican protests

2013-07-18 23:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Senate gave grudging approval on Thursday to the key executor of Barack Obama's sweeping new climate change plan, voting to confirm Gina McCarthy as the head of the Environmental Protection Agency. The 59-40 vote, after a four-month standoff by Republicans, puts McCarthy in direct charge of implementing Obama's strategy of using the agency's powers to reduce greenhouse gas emissions that cause climate change. The prospect centred on plans to cut emissions from existing power plants ...

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California PUC Approves Undergrounding of Tehachapi Transmission Line Through Chino Hills

2013-07-17 21:31:00| Transmission & Distribution World

The California Public Utilities Commission has granted the request of the City of Chino Hills to underground a segment of Southern California Edisons Tehachapi Renewable Transmission Project, finding that the design of the above ground line effectively ignores community values and places an unfair and unreasonable burden on residents. read more

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State approves further exploration at mine site

2013-07-17 16:58:27| Waste Management - Topix.net

A Canadian company has received preliminary approval to increase its ore testing at a central Montana site where it is considering opening a copper mine.

Tags: site state mine exploration

 

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