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  • SunPower Taps 144A Bonds To Fund Acquisition
    SunPower privately placed $220 million worth of 144A bonds last Thursday to finance a portion of its cash acquisition of photovoltaic developer SunRay Renewable Energy, which closed Monday. Institutional investors bought the notes.
    March 31, 2010
  • Cape Wind Signs Up For Siemens
    Cape Wind has signed an agreement with Siemens to buy 130 offshore wind turbines, contingent on the U.S. Department of Interior signing over a lease for its controversial project off the coast of Nantucket.
    March 31, 2010
  • Banks Float 325 Spread On Salton Sea Geo Deal
    Banks leading financing for the $300 million Hudson Ranch I geothermal deal are testing the waters with a LIBOR plus 325 bps spread to gauge the market.
    March 31, 2010
  • NorthWinds Shops Northeast Solar Projects
    EOS Ventures is in talks with several strategic buyers for a 2.5 MW solar project it is developing in New England.
    March 31, 2010
  • UBS, Oz Fund Buy Wind Down Under
    The UBS International Infrastructure Fund and Australia’s Retail Employees Superannuation Trust have acquired a 260 MW wind farm in western Australia from Investec Bank for an undisclosed sum.
    March 31, 2010
  • NextEra Privately Places Wind Financing
    NextEra Energy Resources wrapped a $305 million private placement Thursday to pay down costs associated with two wind farms totaling 273 MW.
    March 31, 2010
  • R.I. Regulators Reject Offshore PPA
    The Rhode Island Public Utilities Commission rejected National Grid’s offtake agreement with Deepwater Wind’s proposed offshore wind project near Block Island.
    March 31, 2010
  • China Drought Threatens Hydro Generation
    A drought in southwest China could halt generation at the Longtan hydro facility next month.
    March 31, 2010
  • Georgia Power Signs Landfill Offtake
    Georgia Power Co. will buy power for 10 years from a 6.4 MW landfill gas-to-energy project being developed by Waste Management Renewable Energy in Savannah, Ga.
    March 31, 2010
  • Colo. Approves Xcel Emission Reduction Bill
    The Colorado state Senate approved a bill requiring Xcel Energy to reduce greenhouse gas emissions by 70–80% by 2017.
    March 31, 2010
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