The Tennessee Energy Acquisition Corp. on Monday announced that it received consent from a majority of bondholders to make changes in the indenture and the gas-purchase agreement relating to its Series 2006A and B bonds.

The amendments are designed to return ratings on the 2006A bonds to investment grade by reducing reliance on the performance of project participants MBIA Inc. and Depfa Bank PLC as the investment-agreement providers for various reserve accounts.

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