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  • Entegra Power Group is reviewing shortlisted bids for one of the four gas-fired units at its 2.2 GW Gila River Power facility.
  • Sithe Global still has hopes of developing its 820 MW gas-fired Southdown plant, though it was not the chosen bidder in the Ontario Power Authority’s bid to supply power to the Toronto area.
  • The Vermont Senate rejected Entergy’s bid to renew its Vermont Yankee nuclear operating license.
  • Iberdrola plans to spend up to EUR16 billion ($22 billion) on renewables in the next two years as the Spanish utility seeks to add 3.5 GW before 2012.
  • Dynegy posted a loss of $355 million, reporting $441 million in revenue.
  • Eskom Holdings will be allowed to raise rates 25% a year for the next three years after South African regulators denied its 35% request.
  • Origin Energy, an Australian utility is aiming to refinance A$2.4 billion ($2.1 billion) of debt maturing this year and next via three- and five-year loans in Australian and U.S. dollars.
  • Cleco Power finalized its acquisition of a 580 MW natural gas-fired plant from Acadia Power Partners yesterday.
  • Jerry Peters, managing director of project finance Americas at TD Bank North, has left the bank as it looks to wind down its project finance operations in the U.S., according to deal watchers.
  • Turbine manufacturer Suzlon will likely see orders for machines pick up in the second half of the year.