Consolidated Edison has announced the pricing for its proposed series 2017 A debentures issue.

The debentures will carry an interest rate of 2% on the debentures due 15 March 2020, payable semi-annually.

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Gross proceeds from the issue will be $400m, which the company intends to use for general corporate purposes and optionally to prepay a loan under a June 2016 credit agreement in combination with available cash and issuance of additional short-term debt.

Alabama Power Company has announced the pricing for a proposed issue of series 2017A senior notes due 30 March 2022.

The 2.45% notes will yield 2.467% upon maturity and the interest will be payable semi-annually on 30 March and 30 September every year, starting from 30 September 2017.

Gross proceeds are expected to reach $550m, which will be used to repay either all or a portion of the company’s short-term debts, as well as for general corporate purposes.

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Georgia Power Company intends to raise $450m in gross proceeds from a public offering of 2% 2017A series notes.

“Georgia Power Company intends to raise $450m in gross proceeds from a public offering of 2% 2017A series notes.”

Due 30 March 2020, the notes are intended to raise funds to repay the company’s short-term debts and for general corporate purposes.

In a separate public offering of series 2017B senior notes, the company intends to raise $400m. Due 30 March 2017, the notes carry an interest rate of 3.25% and will yield 3.263% upon maturity.

Based in the US, Georgia Power Company is a power generation, distribution and transmission company.

Iberdrola Finanzas has raised €1bn ($1.06bn) through a public offering of notes.

Due 7 March 2025, the notes carry an interest rate of 1%.

IREN intends to issue up to 14,001,986 shares in a private placement to Italian and foreign institutional qualified investors.

The shares will be issued by FCT Holding, wholly owned by the City of Turin, through a book-building process. IREN will not receive any proceeds.