| | Bloomberg.com: Energy (Site not responding. Last check: 2007-10-13) |
 | | May 20 (Bloomberg) -- CLP Holdings Ltd., Hong Kong's biggest power utility, and China Resources Power Holdings Co. led borrowers in Asia this week as they sought a combined $2 billion of loans to meet the region's demand for electricity. |
 | | Hong Kong-based China Resources Power will boost its working capital with the $200 million loan arranged by Agricultural Bank of China, BOC Hong Kong (Holdings) Ltd., Hang Seng Bank Ltd., HSBC Holdings Plc and Standard Chartered Plc. |
 | | ``Hong Kong power producers have a lot of cash and given the lack of growth opportunities in Hong Kong and low cost of funding, they're better off investing the money in overseas markets than distributing the cash to shareholders,'' said Ivan Lee, Lehman Brothers' Hong Kong-based head of Asian utilities research. |
| www.bloomberg.com /apps/news?pid=10001099&sid=aJ_IOnPoHJlE&refer=energy (654 words) |