UPDATE 2-Spanish builder OHL prices 1-bln-euro share issue at deep discount

MADRID, Oct 7 - Spanish builder and toll-road operator OHL said it would raise 999 million euros ($1.1 billion) in a deeply-discounted share issue to pay down debt and fund construction projects, driving down its share price.

Financials, Industrials, 5:02am EDT

UPDATE 1-German households face rising green power surcharge

* Official announcement due in mid-October (Sources numbers to industry group BEE, adds detail, context)

Energy, 5:00am EDT

UPDATE 2-Washington mayor announces proposed deal to save Pepco-Exelon merger

WASHINGTON, Oct 6 - Washington Mayor Muriel Bowser announced a proposed settlement on Tuesday that she said she hoped would prompt the city's utilities regulator to approve a plan for Exelon Corp and Pepco Holdings Inc to merge.

RPT-Risking backlash, India's Modi to push power price hikes

NEW DELHI, Oct 6 - India's prime minister is to tell states to raise electricity prices in return for access to a financial bailout package, a politically contentious move that risks a backlash from farmers and consumers long used to free or cheap power.

Energy, Financials, 06 Oct 2015

UPDATE 1-Russian billionaire Fridman nears deal for E.ON's North Sea assets

LONDON, Oct 6 - Russian billionaire Mikhail Fridman's LetterOne fund has emerged as the frontrunner for the acquisition of German utility E.ON's Norwegian North Sea assets, three industry and banking sources said on Tuesday.

Financials, 06 Oct 2015


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Provider : Brown Brothers Harriman & Co.
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