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  • Pristine Power is looking to finance a $52.1 million, 20.3 MW wind farm in Grand Valley, Ontario, by year-end.
  • Blackstone Group’s deal to acquire Dynegy underscores that buyers in the power market are betting they will make money as the economy recovers.
  • The Modesto Irrigation District is considering paying 11.2 cents per kWh for the power from a proposed 33 MW wood-fired biomass facility in Modesto, Calif.
  • SunPower will install 20 MW of solar installations for government agencies, including the Navy and Marines Corps.
  • The German government has extended the life of the country’s nuclear fleet by 15 years.
  • Iberdrola and Brazilian company Neoenergia have received offtake agreements for 258 MW of wind projects with the Brazilian government.
  • Exelon has entered the wind development arena with its agreement to buy John Deere Renewables for $860 million.
  • The Southern California Public Power Authority has issued $533 million in take or pay bonds to fund its pre-paid 20-year offtake agreement with Cannon Power Group’s 262 MW phase II of its Windy Point wind project.
  • BMO Capital Markets, CIBC and Union Bank have wrapped a $580 million package backing Northland Power’s 265 MW combined-cycle plant in North Battleford, Saskatchewan.
  • Rabobank has hired Tony Muoser, formerly head of HSH Nordbank’s wind energy finance group, for its renewable energy and infrastructure group as a managing director in New York.