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  • Partnership flip structures are expected to remain the dominant way to structure wind deals as leveraged leases and lease back sales have just started testing the waters.
  • First Wind filed an S-1/A form with the U.S. Securities and Exchange Commission, formally reviving its planned initial public offering.
  • Some of B.C. Hydro’s largest industrial patrons are leaving the lights on and wasting electricity to ensure access to cheap power.
  • NRG Energy has put its drive for a roughly $200 million revolver backing solar plant construction on hold.
  • Officials are still questioning the wisdom of taking government funds to finance renewables projects, particularly given it's unclear how the relationship between the public and private sector will shake out if projects default.
  • CMS Energy issued $300 million senior unsecured bonds Jan. 14 in anticipation of maturities over the next 18 months because the 6.25% coupon was attractive.
  • Energy Future Holdings has issued $500 million in senior secured notes as it tries to navigate the refinancing risk of a $24.5 billion in debt coming due in 2014.
  • Starwood Energy has wrapped roughly $100 million in financing backing its 20 MW photovoltaic project in Sault Ste. Marie, Ontario.
  • A consortium of developers, including EDF Energies Nouvelles, will look to tap bank financing backing the first development stage of a 954 MW portfolio in Quebec by mid-year.
  • Developers are talking to bankers for financing projects they are planning to pitch into National Grid, NSTAR, Unitil and Northeast Utilities' joint request for proposals for up to 800 MW of renewables.