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  • The U.K. government will likely miss its goal of producing more renewable power, even after spending GBP265 million ($386 million) between 2000 and 2009 and GBP1 billion in regulatory action last year, according to the National Audit Office.
  • A bill is before the New York State legislature requiring the New York Power Authority, the Long Island Power Authority and other state retail power suppliers to obtain solar power each year through 2025.
  • U.K. utility Centrica is acquiring Florida-based home services provider Clockwork Home Services through its subsidiary Direct Energy for $183 million in cash.
  • Cleco Power anticipates issuing about $125 million in senior unsecured bonds in 2011 to help finance a meter project.
  • Kerin Cantwell, a former partner of Chadbourne & Parke in Hong Kong in the 1990s, has rejoined the firm in a similar capacity in Los Angeles.
  • Baryonyx, an offshore wind developer, is looking to raise $5 million to fund the early stages of two projects in Texas.
  • Foley & Lardner has hired attorneys Robert Anderson and John Klusaritz as partners, covering power finance and mergers & acquisitions for its energy industry group.
  • Vinod Mukani, director of structured finance at NordLB, is joining Deutsche Bank next week.
  • Kenya Electricity Co. is looking for companies to build two geothermal plants totaling 280 MW in order to boost generation.
  • DONG Energy has secured a GBP250 million ($386.7 million) loan facility with the European Investment Bank to help finance the 630 MW London Array offshore wind project in the Thames Estuary.