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Chadbourne Lawyers To Meet With Treasury Over Guidelines
Project finance lawyers from firm Chadbourne & Parke are set to meet next month with U.S. Department of Treasury officials to iron out the meaning of the changes made last week to Section 1603 of the American Recovery and Reinvestment Act.
March 25, 2010
Texas Plant Co. Files For Bankruptcy
Bosque Power Co. filed for bankruptcy protection today in U.S. Bankruptcy Court in the Western District of Texas.
March 25, 2010
German Solar Co. Plots U.S. Push
German independent power producer Phoenix Solar is in the process of establishing an American subsidiary based in California.
March 25, 2010
Hydro-Quebec Cancels Utility Purchase
Hydro-Quebec ended its planned acquisition of New Brunswick Power due to concerns over the amount of water in dams and the amount of capital needed.
March 25, 2010
La. Scopes Capex Securitization
Proposed legislation in the Louisiana legislature would allow utilities to sell securitized bonds for capex recovery.
March 25, 2010
White House Pushes Hydro Generation
The Obama administration said that additional hydro generation could add 60 GW to the grid.
March 25, 2010
Minn. Utilities Want Early Transmission Ruling
Otter Tail Power Co. and Xcel Energy have asked the North Dakota Public Service Commission to rule the proposed $1.7 billion CapX2020 transmission project is good for ratepayers before construction begins.
March 25, 2010
GE To Push Turbines In Europe
General Electric Co. is planning to invest EUR340 million ($53 million) in Europe’s burgeoning offshore wind market in the next decade.
March 25, 2010
EIF Wraps Hydro Sale
Private equity shop Energy Investors Funds has closed the sale of the Glen Park Hydroelectric Project to Fort Chicago Energy Partners for $80.1 million.
March 24, 2010
Hunt To Pick Up Texas Trans Co.
Hunt Transmission Services, a subsidiary of Hunt Oil, is acquiring Cap Rock Energy, a transmission utility in Midland, Texas, from Continental Energy Systems for roughly $221 million.
March 24, 2010
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