DALLAS - With plans to nearly double its debt load in the next five years, the Lower Colorado River Authority in Texas is preparing to issue nearly $300 million of refunding and new-facility bonds in an increasingly competitive energy market.

The Austin-based energy wholesaler will offer the bonds in two tranches, with $190 million for the deregulated wholesale power business and $100 million for the state-regulated Transmission Services Corp. that operates transmission lines.

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