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  • RES Americas will invest upwards of $1 billion in a wind pipeline in the eastern part of Michigan as it builds out a 500 to 700 MW project in the Thumb region.
  • WestLB and BNP Paribas are preparing a $300 million staple financing package for companies planning to submit final bids for LS Power's Arlington Valley natural gas plant.
  • NRG Energy is buying a Texas wind farm that is part of the Babcock & Brown portfolio.
  • Banco Espirito Santo and WestLB have stopped working on a financing supporting Edison Mission Energy's $300 million, 150 MW Cedro Hills wind farm.
  • --Joe DeVito, v.p. of Midwest development for RES Americas, on why the company is excited about its 500-700 MW project in the state.
  • Easter, the holiday of sugar-coated marshmallows, spring buds and egg hunts also signifies the day of the lowest electricity consumption in the New England.
  • * An employee of the Mandarin Oriental Hotel signaled the end of networking- and break-times by walking around and ringing a large chime.
  • The $2 billion loan guarantee granted to Southern Co. for its nuclear project isn't likely to put a rush order on the licensing process, Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, told PFR on the sidelines.
  • * "I feel like Elizabeth Taylor's seventh husband on the wedding night--I know what to do, I just don't know if I can make it interesting."--Will Wynn, principal LPB Energy Management and a former mayor of Austin, Texas, at the outset of his presentation on renewables and energy efficiency.
  • Niska Gas Storag is selling $800 million in senior unsecured notes in a private placement to pay down debt and cover distributions to private equity funds under owner Riverstone Holdings.