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  • Saudi Electricity Co., the state power provider, GDF Suez and two other companies are planning to build a SAR7.9 billion ($2.1 billion), 1,739 MW plant in the nation.
  • Abengoa has agreed to build the Middle East's first solar project with Total and Masdar.
  • Utah Gov. Gary Herbert is forming a task force to investigate a 10-year blueprint for energy, including the possibility of nuclear power.
  • The governors of 10 eastern states have formed a consortium to promote the development of offshore wind power.
  • Duke Energy Generation Services has secured a 25-year loan from Prudential Capital Group for its 14 MW Blue Solar Wing solar project in development in San Antonio, Texas.
  • Baryonyx, an offshore wind developer, is looking to raise capital to fund the early stages of two projects.
  • Merrill Lynch Credit Products is increasing its equity stake in the 559 MW Milford combined cycle plant in Milford, Conn.
  • Abu Dhabi is aiming to have 1,500 MW of total capacity generated from renewable resources by 2020.
  • Gamesa Corporación Tecnológica says it is examining U.K. ports as possible bases for offshore wind projects as the turbine maker plans to be an active participant in the third round of offshore development.
  • Enel has supposedly contacted 15 banks for two upcoming meetings on June 11 and 16 for the planned fall initial public offering of its Green Power unit.