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National RPS To Add Jobs
A national renewable portfolio standard requiring utilities to generate 20%-25% of power from renewable sources could create more than 250,000 jobs.
February 05, 2010
BC Hydro Gets Nod To Buy Hydro Slice
BC Hydro received approval from the British Columbia Utilities Commission to buy a 33% stake in Teck Resources Waneta Dam for C$825 million ($771 million).
February 05, 2010
RWE Markets Coal Stake
RWE is selling a 24.6% stake in a 508 MW coal-fired plant in Rostock, Germany.
February 05, 2010
One Year Ago In Power Finance & Risk
Five banks arranging a $220 million construction/term loan for Pacific Hydro's 106 MW Chacaves hydro project in Chile aimed to wrap the financing in April.
February 04, 2010
Keenan Tipped To Wrap Oversubscribed
Financing backing Competitive Power Ventures' 152 MW Keenan II wind farm in Woodward County, Okla., is set to wrap oversubscribed.
February 04, 2010
Equity Index Prepped To Offset Carbon Impact
A consultancy and Italian research and ratings company have launched a stock index to provide investors a way to take advantage of carbon legislation.
February 04, 2010
El Paso Snares Ruby Commitments
Banks are taking tickets for the $1.6 billion financing backing El Paso's Ruby Express Pipeline following a bank meeting in New York on Tuesday.
February 04, 2010
Geo Co. Will Seek Financing Post Equity Injection
Denham Capital has invested $108 million in geothermal developer Vulcan Power via preferred and common stock, ahead of the company's push for project financing the first 60 MW of its Putua project outside of Reno, Nev.
February 04, 2010
TrAILCo Wraps Construction Revolver
The Trans-Allegheny Interstate Line Company has secured a $350 million revolver to fund the remaining costs of construction on its 240-mile transmission line.
February 04, 2010
Battle Royale Looms For EDF Unit Lead
Some banks are pitching sub-300 basis point spreads and more than 10-year tenors as they vie to lead the financing for EDF subsidiary enXco's 201 MW Lakefield wind project in southwestern Minnesota.
February 04, 2010
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