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  • Central Vermont Public Service Corp. has agreed to purchase a retail book and hydropower assets from a unit of Omya Industries, a Swiss mineral processing company, for $32 million in cash.
  • JPMorgan is taking a tax equity stake in two NextEra Energy Resources wind farms totaling 309 MW in the Midwest.
  • A JPMorgan investment vehicle is buying out the lessee and lessor of a 550 MW combined-cycle facility in Jackson, Mich.
  • Shell WindEnergy is up for sale. Morgan Stanley is running the auction and teasers were sent out recently.
  • The Massachusetts Supreme Judicial Court has ruled that permits can be issued for Cape Wind Associates’ project in the shore off Nantucket Sound.
  • A national renewable energy standard may squeak through Congress this year after all, says Harry Reid, majority leader of the U.S. Senate.
  • The American Wind Energy Association and the Solar Energy Industries Association say Congress’ recent reduction of the U.S. Department of Energy’s Sect. 1705 loan guarantee program likely will prohibit manufacturers of commercial renewables from participating in the program.
  • Solar Millennium AG of Germany views 300 MW facilities to be the optimal size for solar-thermal plants.
  • The state of Gujarat is talking to the Asian Development Bank and the International Finance Corp. about financing a solar park in Patan, India.
  • Brookfield Renewable Power plans to launch financing for its $35.87 million, 10 MW St. Anthony Falls hydro plant near Minneapolis in mid-2011.