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  • EverPower will tap the debt markets in the coming months to finance three wind projects with a $650 million price tag.
  • Cavallo Energy is re-firing its proposed Cross Hudson Transmission line with a reduced price tag of $525 million.
  • Financial close on the nearly $400 million Hudson Ranch I geothermal project in Salton Sea, Calif., is imminent, lenders say.
  • Utility stocks fared better than the rest of the S&P 500 during the financial crisis, and should be poised for some growth as the economy recovers, but the sector is down 3.9% this year.
  • Power executives are concerned that a Northern European boom in offshore wind amid uncertain installation, use and repair costs, could produce a bubble.
  • Alteris Renewables of Wilton, Conn., acquired ISI Solar, a solar electric system maker based in New City, N.Y.
  • A little more than a week after New Jersey began accepting solar rebate applications, the state’s Board of Public Utilities closed the incentive program after being deluged with requests.
  • Renewables experts and environmentalists allege that Jim Groth, a former U.S. Army National Guard chief warrant officer who is Nevada’s new energy director, is ill-suited for the position because he does not understand new renewables projects, particularly solar.
  • Xcel Energy sold $550 million of notes Monday to reimburse subsidiaries for equity investments and pay down commercial paper.
  • Exelon Power will retire two fossil-fuel fired plants earlier than expected.