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  • Xcel Energy is buying the power generated by a 250 MW farm being developed in Weld County by BP Wind Energy.
  • National Grid is offering £3.95 billion ($4.59 billion) in a new share program to boost its capital spending, chiefly in the United Kingdom.
  • The Grays Harbor PUD backed out of what would be the largest wind farm in western Washington, a 60-80 MW facility near Naselle, citing financing and leasing concerns.
  • GE Energy Financial Services has agreed to buy a 120 MW gas-fired cogeneration plant in King City, Calif., from Harbinger Capital Partners for $68 million or $958 per kW with $47 million in debt included..
  • Bids for TradeWind Energy are due at the beginning of next month. Enel North America put the wind unit on the block late last month (PFR, 4/30).
  • NTE Energy has hired a power marketer and three project developers to expand its business of developing gas plants with a renewable component in the southeastern U.S.
  • Entergy Texas sold $200 million in mortgage bonds yesterday to take down the last of the debt it assumed when it split from sister unit Entergy Gulf States Louisiana.
  • FPL Group Capital is selling $250 million in 2.55% debentures to help repay maturing issues and $695 million in outstanding commercial paper.
  • Scottish and Southern Energy is delaying plans to build an 870 MW natural gas fired plant in South Wales because of decreased demand.
  • Google is aiming to invest in onshore wind and solar projects in Europe in addition to partnering with a utility in the U.K. on installing smart meters.