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News
Kellerman Preps Power PE Shop
Larry Kellerman, a former Goldman Sachs partner, is starting a private equity fund targeting investments in the power industry.
August 20, 2010
News
One Year Ago In Power Finance & Risk
The city of Victorville, Calif., was close to choosing a developer for its $1.2 billion, 570 MW gas and solar hybrid Victorville II plant.
August 19, 2010
News
"We left it very open. We're looking for someone to come in who can build it."
--Amer Jakher, director of public works for Victorville, Calif., on the city's request for proposals to build a 30 MW solar photovoltaic project.
August 19, 2010
News
MS Banker Heads To Carlyle
Rahul Culas, executive director in the project and structured finance group at Morgan Stanley, left earlier this month to join Carlyle/Riverstone.
August 19, 2010
News
Citi Scoops DB Banker
Citigroup has hired Leon Valera, director at Deutsche Bank, as a director in its energy and infrastructure group.
August 19, 2010
News
AES Snags Four-Year Revolver Extension
AES Corp. has landed a four-year extension of its revolving credit facility--a rare deal as extensions have been in the three-year range for power companies since the financial crisis began, observers say.
August 19, 2010
News
Huaneng Chases InterGen Stake
China Huaneng Group is in talks to acquire GMR Infrastructure’s 50% stake in InterGen for roughly $1.2 billion.
August 19, 2010
News
Ill. Law Increases Utilities’ Solar Requirements
Illinois utilities are now required to buy 0.5% of their power from solar generation in 2012, three years earlier than expected under a new state law.
August 19, 2010
News
Idaho Utility Terminates RFP Sans Contract
Idaho Power ended talks with a wind developer from its 2009 request for proposals for 150 MW of wind after analysis showed that more cost effective options existed.
August 19, 2010
News
Chilean Copper Co. Eyes Power Exit
Codelco, Chile’s state owned copper company, is considering divesting its minority stake in E-CL, a power company that is majority owned by GDF Suez.
August 19, 2010
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