Colinversiones borrows US$150 million to upgrade power plant
Colombia's holding company Colinversiones SA borrowed US$150 million from three development agencies to upgrade its gas-fired Termoflores power plant when the country is more dependent on thermal power because of fewer rainfalls.
Georgia Power still plans to increase rates next year to finance two new nuclear reactors at Plant Vogtle despite billions of dollars in federal loan guarantees announced by the Obama administration.