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  • North American Power Group is in talks to sell two biomass plants in California to a financial investor.
  • Solar developer Sustainable Energy Capital Partners, and South Korean conglomerate KISCO are talking to banks about financing a 20 MW photovoltaic project they’re building on an old salt mine in the Mojave Desert.
  • GE Energy Financial Services is talking to developers active in Mexico and other parts of Latin America to make investments in power projects.
  • Biomass developers are monitoring a potential new U.S. Environmental Protection Agency rule that would make developing projects even more onerous and cost-prohibitive.
  • El Paso Pipeline Partners Operating Co. has issued $110 million in senior unsecured notes to fund affiliate El Paso Corp.’s capital expenditure program, which is largely devoted to its $3 billion Ruby Express Pipeline.
  • NRG Energy is in the market with a $4.4 billion refinancing package--and institutional investors are balking at pricing. The lenders as a result are going back to the company for a bigger margin.
  • -- Ed Stern, ceo of Hudson Transmission Partners in Fairfield, Conn., on his view of competing transmission line Cross Hudson, whose developer Cavallo Energy filed a legal challenge last week against HTP with the New York State Public Service Commission.
  • Energy Investors Funds put out teasers for its stakes in five generation assets and the Neptune Regional Transmission System.
  • Cannon Power Group has started sounding out bankers about financing a 1 GW wind farm it is developing in phases near Mexicali, in Baja California.
  • Finavera Renewables, a Canadian renewables developer, is considering financing options for an $800 million, 301 MW wind portfolio that has landed offtake agreements with BC Hydro.