Energy consortium seeking third partner for Rybnik power plant in Silesia
U.S. energy firm NRG and Marubeni of Japan, the two investors selected by
the Treasury Ministry to acquire Rybnik power plant in Silesia, are
delaying the deal and looking for a third partner. The consortium
originally included another company, GE Capital, but after its withdrawal
and Rybnik's failure to sign a deal with the Rybnik Coal Corporation (RSW)
for coal delivery, NRG and Marubeni are hesitating. They claim that
without agreements with fuel suppliers and energy distributors they will
not be able to obtain bank loans for the purchase of the power plant. It
is possible they will acquire the plant if RSW soon signs the coal
delivery deal as agreed. Otherwise, the Treasury Ministry deadline of
October 31 could pass, allowing the Treasury to begin talks with other
investors interested in Rybnik. Three other buyers have reportedly
confirmed interest with the Ministry: EnBW of Germany, Tractebel of
Belgium, and Britain's National Power. (Puls Biznesu, p. 4)