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  • Recurrent Energy is talking to European lenders and life insurance companies to finance 19 solar projects in Ontario that will generate 170 MW, says Arno Harris, ceo in San Francisco.
  • Blackstone Group has agreed to buy Dynegy for $4.7 billion, including debt assumption, pending a 40-day period for Dynegy to shop itself to other potential buyers.
  • The Oceana County Board of Commissioners in Michigan is scheduled to decide today whether to approve a proposed 1 GW offshore wind farm in Lake Michigan.
  • The state of Vermont has agreed to buy 225 MW of hydro capacity from Hydro-Québec for $2 billion.
  • AGL Energy of Australia and Meridian Energy of New Zealand will build the largest wind project in the Southern Hemisphere—the $898.8 million, 420 MW Macarthur Wind Farm in the Australian state of Victoria.
  • FirstEnergy Corp. will earn renewable energy credits for burning wood and agricultural waste at a Shadyside, Ohio, plant, the Public Utilities Commission of Ohio has ruled.
  • Sumitomo Mitsui has added two officials to its power project finance team in New York as it looks to boost investment in the renewables space in the U.S., says an observer familiar with the hires.
  • NordLB will not look to fill positions in New York vacated by Bruno Mejean, former head of structured finance, and Vinod Mukani, director of structure finance.
  • Banco Sabadell joined a $287 million financing backing BP Alternative Energy and Dominion's 400 MW Fowler Ridge wind farm in Benton County, Ind.
  • NextEra Energy Resources expects the California Public Utilities Commission to approve its offtake agreement with Pacific Gas & Electric Co. for its 250 MW solar project in Riverside County approved today.