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  • Texas Utility Inks SunEdison PPA
    CPS Energy of San Antonio has approved a 25-year offtake agreement for three 10 MW solar plants SunEdison is planning in Texas.
    October 08, 2010
  • Brookfield Issues $442M In Debt
    Brookfield Renewable Power has issued $442 million in 10-year notes that carry a coupon of 5.145%.
    October 08, 2010
  • Brazil Plots Major Wind Push
    Brazil is aiming to increase its wind generation five-fold by 2013, from 797 MW of installed capacity to 3.9 GW of new capacity.
    October 08, 2010
  • Banks Weigh GWF Participation
    More than a dozen banks are mulling participation in a $305 million refinancing of three GWF Energy simple-cycle natural gas-fired peakers in California.
    October 07, 2010
  • ArcLight Scouts $400M B Loan
    Barclays Capital and Credit Suisse are leading a roughly $400 million term loan B for ArcLight Capital Partners. Bankers hope to wrap the deal by year-end.
    October 07, 2010
  • Pepco Taps Low Rates
    Pepco Holdings has issued $250 million in 2.7% senior notes to refinance pricier long-term debt.
    October 07, 2010
  • One Year Ago In Power Finance & Risk
    Cannon Power initiated talks with lenders about financing 600 MW in wind projects, including part of the 500 MW Windy Point farm in Klickitat County, Wash. [Cannon tapped Deutsche Bank, HSH Nordbank and Siemens Financial Services for a $652 million financing backing Windy Point (PFR, 11/24).
    October 07, 2010
  • "It's big enough to be attractive to lenders, but not so unwieldy as to have to put together a big group of lenders."
    --Declan Flanagan, ceo of Lincoln Renewable Energy in Chicago, on the company's plans to execute financings and development of a 100 MW photovoltaic pipeline in New Jersey in 10-20 MW slugs.
    October 07, 2010
  • Ariz. PE Firms Hunts More Renewables
    Najafi Companies is eyeing more investments in renewable energy after landing its maiden investment—an operational 24 MW biomass plant in Arizona for $4.75 million.
    October 07, 2010
  • Xcel Uses Wind Forecasts To Reduce Coal Use
    Xcel Energy is shutting down a handful of coal-fired plants in Colorado for intervals that range from hours to days now that it has a better wind forecast system under a partnership with the National Center for Atmospheric Research.
    October 07, 2010
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