Israeli and Egyptian representatives agreed in principle Wednesday to a deal that would have Egypt replace Israel as the Gaza Strip's sole electricity provider. Under the deal, Egypt would set up a new power line from the Sinai Peninsula town of Arish to the nearby Gaza Strip. The 150-megawatt line would cost $35 million to set up, and would be operational within two years.
read more (here) and (here)
Egypt denied (here)
what is interesting to know is that Israel is not interested in Gaza for a historic reason.
check this map
David's and Solomon's Kingdom did not include Gaza, though some of their people claim that the state of Israel is the combined lands in both these maps.