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  • Massachusetts is attempting to settle a lawsuit filed by TransCanada Power in April, which claimed the requirement that utilities negotiate long-term power purchase agreements from state energy providers and a new state incentive for local solar developments both violate the Commerce Clause of the U.S. Constitution by discriminating against out-of-state parties.
  • Thomas Reuters has agreed to aquire Point Carbon, a Norwegian provider of energy and environmental data company.
  • Wisconsin Electric Power Co. is selling its quarter stake in the 380 MW Edgewater 5 coal plant to Wisconsin Power & Light Co.
  • Bankers expect Invenergy’s 100.5 MW Beech Ridge to secure financing in the next few weeks—the second time a deal for the Greenbrier County, W.Va., wind farm would be clinched.
  • U.S. Secretary of Commerce Gary Locke said yesterday that various American energy firms are interested in investing in sustainable energy in Indonesia, including Peabody Energy and General Electric.
  • Japan could become the leader in geothermal energy if it focused on that fuel type, said Lester Brown, prominent environmentalist and president of the U.S.-based Earth Policy Institute yesterday.
  • New South Wales is aiming to sell three retail electricity businesses which together could be worth up to AUD$3 billion ($2.49 billion), according to Citi.
  • A 1 MW solar project developed and owned by Duke Energy is operating in Charlotte, N.C.
  • Private equity firm First Reserve is looking to invest further in alternative energy after a joint venture totaling $1.5 billion with solar developer SunEdison.
  • Energy companies are lobbying to be exempt from the financial overhaul bill that Congress is holding final negotiations over.