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  • The U.S. Department of Treasury is unlikely to extend its cash grant program or to re-incarnate it into a tax credit before it expires at year-end.
  • A handful of entities submitted second round bids for a portion of Tenaska’s stakes in 4.8 GW of natural gas-fired plants in the Southeast and Midwest.
  • Second lien lenders to Boston Generating can object to the proposed bid process that delineates Constellation Energy as the stalking horse bid in a pre-packaged bankruptcy.
  • A lack of demand and distribution capability is slowing Nevada from reaching its goal of deriving 80% of power from renewables in 15-20 years, says Jon Wellinghoff, chairman of the U.S. Federal Energy Regulatory Commission.
  • Invenergy subsidiary Beech Ridge Energy has completed construction on a 100 MW wind farm in Greenbrier County, W.Va., but can’t operate the facility during evening hours between April to mid-November, when endangered Indiana bats are active.
  • Solar company Etrion has purchased the 33 MW Montalto di Castosolar plant in Italy from SunPower for $67.2 million plus the assumption of related non-recourse loans.
  • AES Corp. is spending up to $800 million to expand the 660 MW Masinloc coal-fired plant in the Philippines.
  • GMR Energy Limited has won two contracts from transmission utility Rajasthan Rajya Vidyut Prasaran Nigam to build and maintain 400 kV transmission lines and two substations in India, at Alwar and Deedwana.
  • The Tennessee Valley Authority expects to return to the bond market to raise money for a portion its $900 million capital expenditure program for fiscal year 2011.
  • Canada Life Financial Corp. is taking a $29.3 million piece of a $107.5 million loan backing Northland Power’s 100 MW wind farm in Mont-Louis, Quebec.