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  • Obama Pumps Renewables In Spill's Wake
    President Barack Obama plans to highlight the benefits of alternative energy today on a visit to Solyndra, a solar panel manufacturer in northern California, in the wake of the Gulf oil spill.
    May 26, 2010
  • ArcLight Snags Acquisition Loan Extension
    Lenders in $220 million B loan backing ArcLight Capital Partners’ purchase of five generation and transmission assets have agreed to extend the facility’s drop-dead date to next month.
    May 25, 2010
  • Short Tenor Balances AEP Unit Debt Profile
    Appalachian Power Co. sold $300 million senior unsecured, five-year notes Friday to fund its construction program and repay advances from sister utilities.
    May 25, 2010
  • Duke Levers Farms For Wind, Solar
    Duke Energy leveraged its interests in a portfolio of five wind farms via a $325 million loan yesterday to accelerate the growth of commercial renewable energy projects in the U.S.
    May 25, 2010
  • India Plots REC Scheme
    India is said to be working on a program for new renewable energy certificates to increase investment in the country's thriving renewables arena.
    May 25, 2010
  • GMR To Add PE Funds
    India's GMR Infrastructure is expected to announce a $100 million private equity injection into its energy unit GMR Energy this week following a $200 million investment from Singapore state investor Temasek Holdings last month.
    May 25, 2010
  • Nuke Giants Shake On Investment
    Tokyo-based Toshiba and Virginia-based The Babcock & Wilcox Co. are jointly investing $200 million to promote uranium enrichment technology being developed by USEC after USEC was left out of a $2 billion U.S. federal loan guarantee.
    May 25, 2010
  • Queen Reveals Energy Bill
    The Queen of England announced in a speech today that new legislation will be introduced to improve energy efficiency and support low carbon energy.
    May 25, 2010
  • China Shells Out $1.2B For Turbines
    China Huaneng Group has agreed to buy 1.8 GW of wind turbines from local suppliers for CNY8.06 billion ($1.2 billion) in order to meet the nation's goal of at least 15% of it's energy coming from renewable resources by 2020.
    May 25, 2010
  • Entergy Declares Nuclear Too Pricey
    Entergy CEO Wayne Leonard said yesterday new nuclear generation is still too expensive, citing the economics of construction as too risky for many companies, including his own.
    May 25, 2010
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