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  • Virginia Co-Op Buys Wind Power
    Old Dominion Electric Cooperative is buying 32.5 MW from E.ON Climate & Renewables’ Stony Creek Wind Project, near Somerset, Pa., and 1 MW from a Delaware landfill gas generation plant operated by Ameresco.
    May 18, 2010
  • S.D. Transmission Lines Open Northern Wind Market
    Transmission lines intended for coal power could instead transmit about 1,900 MW in potential wind projects, including the 300 MW Dakota Wind Energy farm planned for Day, Marshall and Roberts counties.
    May 18, 2010
  • Details Emerge On Calpine Acquisition Loan
    Pricing on the $1.4 billion credit facility backing Calpine’s $1.65 billion purchase of Conectiv Energy assets is based on ratings and will come in at either 350 or 375 basis points over LIBOR.
    May 17, 2010
  • RBC Taps Napolitano As U.S. Power Chief
    RBC Capital Markets has tapped Frank Napolitano as its new head of U.S. power and utilities investment banking team in New York.
    May 17, 2010
  • juwi Wind Appoints CEO
    Michael Rucker has been appointed ceo of juwi Wind. He was until late last month v.p. of business development at Clipper Windpower.
    May 17, 2010
  • Salton Sea Geo Deal (Finally) Closes
    Hannon Armstrong and Catalyst Renewables have wrapped the $297 million financing on their geothermal project in Salton Sea, Calif., more than two years after the sponsors hoped to close the deal.
    May 17, 2010
  • Lenders Question Cost, Financing Of Vietnam Coal
    New York financiers anticipate that a coal plant AES Corp. intends to build in Vietnam will cost at least $2.4 billion and will likely need the aid of a government-backed lender such as the Export-Import Bank of the United States to secure financing.
    May 17, 2010
  • Mini-Nuclear Plant Developer To Apply To NRC
    Hyperion Power Generation plans to apply to the U.S. Nuclear Regulatory Commission within a year for a license for its small nuclear reactors.
    May 17, 2010
  • Extra Allowances Earmarked For Coal Heavy Fleets
    Utilities with a predominantly coal-fired fleet will receive 75% of the free allowances for greenhouse gas emissions that are set aside for the power sector in the American Power Act.
    May 17, 2010
  • Tax Changes Give Developers Financing Option
    Changes in federal tax law have given wind developers new structures for financings within the production tax credit model.
    May 17, 2010
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