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  • SunEdison is looking at hiring another financier, six weeks after tapping Bruno Mejean, NordLB head of structured finance origination in the Americas, as managing director for project finance outside North America.
  • Puget Sound Energy moved up a bond issuance planned for September to take advantage of attractive rates on 30-year notes.
  • Lead banks Crédit Agricole and WestLB have sent out teasers to lenders to take $50-75 million tickets in a $370 million debt package backing ArcLight Capital Partners’ 512 MW gas-fired peaker in Bayonne, N.J.
  • The New Jersey Senate passed a bill providing $100 million in tax credits for companies developing offshore wind.
  • Areva Solar, formerly part of Ausra, is developing a hybrid solar plant model combining a solar thermal system with photovoltaic.
  • Renewables output in the U.K. fell 7.5% in the first quarter of 2010 compared to the same period in 2009.
  • Enel, the state-owned Italian utility, is moving ahead with an initial public offering that could raise $3.63-$6.14 billion, despite several of its European peers yanking IPOs amid the sovereign-debt crisis.
  • Siemens won a contract from U.K. utility Centrica to build transmission and a substation connecting the 270 MW Lincs offshore wind farm to the U.K.’s electricity grid, at a cost of GBP101 million (USD$152.6 million).
  • Fourteen companies have registered as full intervenors with the Massachusetts Department of Public Utilities for the next review stage of National Grid’s power purchase agreement with Cape Wind.
  • CornerStone Partners, a Chicago-based investor, is planning a 20 MW solar installation in Clarke County, Va.