Repsol and Enagas have agreed to form a partnership and collectively continue to develop technology for producing renewable hydrogen.
The two companies will explore the possibility of incorporating gas recovered through a new low-carbon process technology developed by Repsol into their businesses, in order to improve sustainability and efficiency.
Solar energy will be used as the main source of hydrogen production, which in turn helps in reducing carbon footprint by more than 90% compared to other conventional methods.
Both based in Spain, Repsol is an integrated energy and mobility company, while Enagas is a gas system operator.
Southern California Edison Company plans to raise $300m by issuing 3.7% series 2018E first and refunding mortgage bonds due August 2025 in a public offering.
The bonds will be issued at 99.786% of the principal amount, and the interest will be paid semi-annually on 1 August and 1 February of each year, starting from 1 February 2019.
The company simultaneously plans to raise $550m by issuing 4.125% series 2018C first and refunding mortgage bonds due March 2048.
The funds will be used for repaying the company’s outstanding 5.5% series 2008B first and refunding mortgage bonds and commercial paper borrowings, as well as general corporate purposes.
Based in the US, Southern California Edison is a subsidiary of Edison International and is engaged in power generation, transmission and distribution.
Macquarie Infrastructure has entered an agreement with an undisclosed party to sell the 644MW Bayonne Energy Center power generation facility for approximately $900m in cash and assumed debt.
Macquarie proposes to use the proceeds from the transaction to clear its debt, including $150m outstanding on the revolving credit facility of its International-Matex Tank Terminals (IMTT) business.
The company has engaged Guggenheim Securities as financial adviser for the transaction.
Based in the US, Macquarie Infrastructure is a diversified financial group, which provides asset management and finance, banking, advisory, risk and capital solutions to its clients.
Edison International has filed a prospectus to raise funds by occasionally issuing debt securities in multiple public offerings.
The company has engaged Cleary Gottlieb Steen & Hamilton as its legal adviser for the transaction.
Edison intends to use the proceeds raised for either general corporate purposes or minimising its short-term debt.
Based in the US, Edison International is engaged in generating and distributing electric power as well as investing in energy services and technologies.
NextEra Energy Resources has agreed to invest $200m in the construction and development of the 160MW Sholes wind energy centre in Nebraska, US.
The company will execute the transaction through one of its affiliates, which will own, construct and operate the project.
Based in the US, NextEra Energy is engaged in providing energy-related products and services to build energy infrastructure.