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  • One Year Ago In Power Finance & Risk
    Union Bank and WestLB were in talks with banks to secure commitments for 50 to 85% of EQT Infrastructure Fund and Fortistar's $525 million acquisition costs for the 1.5 GW Midland Cogeneration Venture.
    January 21, 2010
  • U.S. Power In Refinancing Talks
    Privately-held U.S. Power Generating Co. is looking at refinancing $580 million of asset-level debt on three plants in its Astoria Generating Co. unit in Queens and Brooklyn, N.Y.
    January 21, 2010
  • U.K. Wind Project Eyes New Financing Approach
    Masdar, Abu Dhabi's renewable energy company, has shortlisted banks to raise $440 million in debt to finance its portion of a E2.2 billion ($3.1 billion) offshore wind project in the U.K.
    January 21, 2010
  • BG Starts Bid Process For Generation Sale
    BG Energy is shopping five plants in the U.S. and U.K. with 3,628 MW of capacity. Goldman Sachs is compiling a shortlist after taking bids last week.
    January 21, 2010
  • CS Takes Bids For LS Gas Plant
    Credit Suisse accepted bids yesterday for LS Power’s 572 MW Arlington Valley natural gas-fired plant, says a deal watcher.
    January 21, 2010
  • N.J. Peaker Construction Deal Readied
    Calyon and WestLB are preparing to launch $300-400 million in financing backing Pure Energy Resources’ construction of a 512 MW gas-fired peaker in Bayonne, N.J.
    January 21, 2010
  • Hydro-Quebec Set To Acquire New Brunswick Assets
    Hydro-Quebec will pay C$3.2 billion ($3 billion) to acquire generation assets from New Brunswick Power.
    January 21, 2010
  • Kansas Co. Contracts Power From Abengoa
    Mid-Kansas Electric Co. will purchase 75 MW of power from a bioenergy project planned by Abengoa Bioenergy.
    January 21, 2010
  • Wind Power Goals Require $90B By 2024
    Powering 20% of the eastern U.S. with wind power by 2024 will require about $90 billion in investments, according to a study by the National Renewable Energy Laboratory.
    January 21, 2010
  • Korean Duo Tapped For Ontario Mega-Project
    Samsung C&T and Korea Electric Power received a contract from the Ontario Ministry of Energy and Infrastructure to build and operate a 2.5 GW wind and solar project in Ontario.
    January 21, 2010
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